Michigan

Lenawee County

ZIP 49229

98,823 residents186 permits TTM$67,013 median HHI18 ZIP codesUpdated April 16, 2026
Investor first look

Median home value

$181,100

ACS 5-Year

Cap rate proxy

6.4%

FMR × 0.65 ÷ Home Value

Rent-to-income

17.3%

HUD FMR ÷ ACS HHI

Net migration

+1.30%

IRS SOI

Permits (TTM)

186

Census BPS

Climate risk

69.9

FEMA NRI (0–100)

ZIP 49229

Median home value

Gross yield

Buy Box score

0.4

Section 8 gap

Affordability

P/I: 4.2R/I:

Section 8 detail

SAFMR: Rent: Gap:
ZIP code breakdown18 ZIP codes
ZIPMedian home valueRent (FMR 2BR)Gross yieldBuy Box scoreSection 8 gap
492560.8
492470.8
492210.7
492380.6
492350.6
492280.6
492200.6
492860.5
492360.5
492650.4
492290.4
492530.3
492870.3
49248
49268
49276
49279
49289

Sort by any column. Click a ZIP for detail.

Demographics

Owner-occupied

78.6%

Census ACS

Vacancy rate

11.3%

Census ACS

Bachelor's degree +

22.3%

Census ACS

Rent burdened

43.5%

Census ACS (>30% income)

Median age

42.2

Census ACS

Data sources
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