Monroe, MI · Michigan
Monroe County
ZIP 48162
155,001 residents188 permits TTM$75,272 median HHI17 ZIP codesUpdated April 16, 2026
Investor first look
Median home value
$215,700
ACS 5-Year
Cap rate proxy
5.7%
FMR × 0.65 ÷ Home Value
Rent-to-income
16.2%
HUD FMR ÷ ACS HHI
Net migration
+1.66%
IRS SOI
Permits (TTM)
188
Census BPS
Climate risk
82.5
FEMA NRI (0–100)
ZIP 48162
Median home value
—
Gross yield
—
Buy Box score
0.8
Section 8 gap
—
Affordability
P/I: 3.0R/I: 20.1%
Section 8 detail
SAFMR: —Rent: —Gap: —
ZIP code breakdown17 ZIP codes
| ZIP | Median home value | Rent (FMR 2BR) | Gross yield | Buy Box score ↓ | Section 8 gap |
|---|---|---|---|---|---|
| 48157 | — | — | — | 0.9 | — |
| 48166 | — | — | — | 0.9 | — |
| 48161 | — | — | — | 0.8 | — |
| 48162 | — | — | — | 0.8 | — |
| 48133 | — | — | — | 0.8 | — |
| 48145 | — | — | — | 0.7 | — |
| 48159 | — | — | — | 0.7 | — |
| 48131 | — | — | — | 0.7 | — |
| 48182 | — | — | — | 0.7 | — |
| 48179 | — | — | — | 0.7 | — |
| 48144 | — | — | — | 0.7 | — |
| 49270 | — | — | — | 0.6 | — |
| 48160 | — | — | — | 0.6 | — |
| 48140 | — | — | — | 0.6 | — |
| 48117 | $215,700 | $1,340 | 7.5% | 0.6 | 31.8% |
| 49267 | — | — | — | 0.6 | — |
| 48177 | — | — | — | — | — |
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Demographics
Owner-occupied
81.2%
Census ACS
Vacancy rate
5.7%
Census ACS
Bachelor's degree +
23.4%
Census ACS
Rent burdened
48.8%
Census ACS (>30% income)
Median age
42.6
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