Michigan
Grand Traverse County
ZIP 49637
95,757 residents742 permits TTM$79,486 median HHI7 ZIP codesUpdated April 16, 2026
Investor first look
Median home value
$296,200
ACS 5-Year
Cap rate proxy
4.9%
FMR × 0.65 ÷ Home Value
Rent-to-income
18.3%
HUD FMR ÷ ACS HHI
Net migration
+1.74%
IRS SOI
Permits (TTM)
742
Census BPS
Climate risk
65.6
FEMA NRI (0–100)
ZIP 49637
Median home value
—
Gross yield
—
Cap rate
4.4%
Rent gap
—
Affordability
P/I: 4.2R/I: —
Section 8 detail
SAFMR: —Rent: —Gap: —
ZIP code breakdown7 ZIP codes
| ZIP | Median home value | Rent (FMR 2BR) | Gross yield | Cap rate | Rent gap |
|---|---|---|---|---|---|
| 49620 | — | — | — | 5.3% | — |
| 49649 | — | — | — | 4.4% | — |
| 49685 | — | — | — | 4.9% | — |
| 49637 | — | — | — | 4.4% | — |
| 49696 | — | — | — | 4.9% | — |
Ranked by composite score
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Demographics
Owner-occupied
76.5%
Census ACS
Vacancy rate
14.7%
Census ACS
Bachelor's degree +
40.3%
Census ACS
Rent burdened
46.9%
Census ACS (>30% income)
Median age
43.1
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