Michigan

Mecosta County

ZIP 49307

40,321 residents102 permits TTM$57,774 median HHI8 ZIP codesUpdated April 16, 2026
Investor first look

Median home value

$169,900

ACS 5-Year

Cap rate proxy

6.1%

FMR × 0.65 ÷ Home Value

Rent-to-income

18.0%

HUD FMR ÷ ACS HHI

Net migration

+2.00%

IRS SOI

Permits (TTM)

102

Census BPS

Climate risk

69.8

FEMA NRI (0–100)

ZIP 49307

Median home value

Gross yield

Cap rate

5.9%

Rent gap

Affordability

P/I: 3.8R/I: 22.7%

Section 8 detail

SAFMR: Rent: Gap:
ZIP code breakdown8 ZIP codes
ZIPMedian home valueRent (FMR 2BR)Gross yieldCap rateRent gap
493057.7%
493206.1%
493365.5%
493425.4%
493075.9%

Ranked by composite score

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Demographics

Owner-occupied

75.9%

Census ACS

Vacancy rate

22.5%

Census ACS

Bachelor's degree +

22.7%

Census ACS

Rent burdened

46.6%

Census ACS (>30% income)

Median age

40.6

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