houghton-county · Michigan
Houghton County
37,428 residents99 permits TTM$56,573 median HHI18 ZIP codesUpdated April 16, 2026
Investor first look
Median home value
$140,300
ACS 5-Year
Cap rate proxy
6.6%
FMR × 0.65 ÷ Home Value
Rent-to-income
16.3%
HUD FMR ÷ ACS HHI
Net migration
+0.34%
IRS SOI
Permits (TTM)
99
Census BPS
Climate risk
24.3
FEMA NRI (0–100)
ZIP code breakdown18 ZIP codes
| ZIP | Median home value | Rent (FMR 2BR) | Gross yield | Cap rate ↓ | Rent gap |
|---|---|---|---|---|---|
| 49913 | — | — | — | 7.2% | — |
| 49917 | — | — | — | 6.6% | — |
| 49921 | — | — | — | 6.6% | — |
| 49922 | — | — | — | 6.6% | — |
| 49934 | — | — | — | 6.6% | — |
| 49942 | — | — | — | 6.6% | — |
| 49952 | — | — | — | 6.6% | — |
| 49955 | — | — | — | 6.6% | — |
| 49961 | — | — | — | 6.6% | — |
| 49963 | — | — | — | 6.6% | — |
| 49965 | — | — | — | 6.6% | — |
| 49967 | — | — | — | 6.6% | — |
| 49958 | — | — | — | 5.9% | — |
| 49945 | — | — | — | 4.9% | — |
| 49905 | — | — | — | 4.5% | — |
| 49930 | — | — | — | 4.3% | — |
| 49916 | — | — | — | 3.6% | — |
| 49931 | — | — | — | 3.5% | — |
Sort by any column. Click a ZIP for detail. Rent gap: green = HUD FMR above market rent.
Demographics
Owner-occupied
71.2%
Census ACS
Vacancy rate
24.1%
Census ACS
Bachelor's degree +
36.6%
Census ACS
Rent burdened
48.6%
Census ACS (>30% income)
Median age
32.3
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