Michigan
Clare County
ZIP 48622
31,109 residents25 permits TTM$49,805 median HHI5 ZIP codesUpdated April 16, 2026
Investor first look
Median home value
$117,400
ACS 5-Year
Cap rate proxy
7.6%
FMR × 0.65 ÷ Home Value
Rent-to-income
17.9%
HUD FMR ÷ ACS HHI
Net migration
+1.53%
IRS SOI
Permits (TTM)
25
Census BPS
Climate risk
47.5
FEMA NRI (0–100)
ZIP 48622
Median home value
$193,311
Gross yield
6.1%
Cap rate
4.6%
Rent gap
24.6%
Affordability
P/I: 3.9R/I: —
Section 8 detail
SAFMR: $986Rent: $743Gap: 32.7%
ZIP code breakdown5 ZIP codes
| ZIP | Median home value | Rent (FMR 2BR) | Gross yield | Cap rate ↓ | Rent gap |
|---|---|---|---|---|---|
| 48633 | $117,400county est. | $986 | 10.1% | 7.6% | 24.6% |
| 48625 | $122,632 | $986 | 9.6% | 7.3% | 24.6% |
| 48632 | $171,270 | $986 | 6.9% | 5.2% | 24.6% |
| 48622 | $193,311 | $986 | 6.1% | 4.6% | 24.6% |
| 48617 | $211,361 | $986 | 5.6% | 4.2% | 24.6% |
Sort by any column. Click a ZIP for detail. Rent gap: green = HUD FMR above market rent.
Demographics
Owner-occupied
86.2%
Census ACS
Vacancy rate
44.7%
Census ACS
Bachelor's degree +
13.0%
Census ACS
Rent burdened
40.7%
Census ACS (>30% income)
Median age
48.3
Census ACS
U.S. Census Bureau — American Community Survey 5-Year Estimates
U.S. Census Bureau — Building Permits Survey
U.S. Department of Housing and Urban Development — Fair Market Rents / Small Area Fair Market Rents (SAFMR)
Internal Revenue Service — Statistics of Income Migration Data
FEMA — National Risk Index
Last updated: April 16, 2026