Michigan
Gogebic County
ZIP 49959
14,348 residents34 permits TTM$49,672 median HHI6 ZIP codesUpdated April 16, 2026
Investor first look
Median home value
$99,700
ACS 5-Year
Cap rate proxy
6.9%
FMR × 0.65 ÷ Home Value
Rent-to-income
13.9%
HUD FMR ÷ ACS HHI
Net migration
+0.40%
IRS SOI
Permits (TTM)
34
Census BPS
Climate risk
25.6
FEMA NRI (0–100)
ZIP 49959
Median home value
$99,700
Gross yield
11.7%
Buy Box score
—
Section 8 gap
—
Affordability
P/I: 2.0R/I: —
Section 8 detail
SAFMR: —Rent: —Gap: —
ZIP code breakdown6 ZIP codes
| ZIP | Median home value | Rent (FMR 2BR) | Gross yield | Buy Box score ↓ | Section 8 gap |
|---|---|---|---|---|---|
| 49968 | $99,700 | $973 | 11.7% | 0.5 | — |
| 49938 | $99,700 | $973 | 11.7% | 0.5 | — |
| 49911 | $99,700 | $973 | 11.7% | 0.5 | — |
| 49969 | $99,700 | $973 | 11.7% | 0.1 | — |
| 49947 | $99,700 | $973 | 11.7% | — | — |
| 49959 | $99,700 | $973 | 11.7% | — | — |
Sort by any column. Click a ZIP for detail.
Demographics
Owner-occupied
80.8%
Census ACS
Vacancy rate
32.3%
Census ACS
Bachelor's degree +
21.9%
Census ACS
Rent burdened
39.3%
Census ACS (>30% income)
Median age
51.3
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