Muskegon, MI · Michigan

Muskegon County

ZIP 49451

175,378 residents480 permits TTM$63,495 median HHI14 ZIP codesUpdated April 16, 2026
Investor first look

Median home value

$180,900

ACS 5-Year

Cap rate proxy

6.4%

FMR × 0.65 ÷ Home Value

Rent-to-income

18.1%

HUD FMR ÷ ACS HHI

Net migration

+1.27%

IRS SOI

Permits (TTM)

480

Census BPS

Climate risk

70.1

FEMA NRI (0–100)

ZIP 49451

Median home value

Gross yield

Buy Box score

0.7

Section 8 gap

Affordability

P/I: 4.5R/I:

Section 8 detail

SAFMR: Rent: Gap:
ZIP code breakdown14 ZIP codes
ZIPMedian home valueRent (FMR 2BR)Gross yieldBuy Box scoreSection 8 gap
494421.0
494440.9
494250.8
494370.7
494570.7
493030.7
494410.7
494450.7
494510.7
493180.6
494610.5
494150.5
494400.5
49443

Sort by any column. Click a ZIP for detail.

Demographics

Owner-occupied

78.3%

Census ACS

Vacancy rate

10.5%

Census ACS

Bachelor's degree +

21.4%

Census ACS

Rent burdened

44.6%

Census ACS (>30% income)

Median age

39.9

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