Washington
Island County
ZIP 98282
86,747 residents255 permits TTM$88,358 median HHI8 ZIP codesUpdated April 16, 2026
Investor first look
Median home value
$535,300
ACS 5-Year
Cap rate proxy
3.7%
FMR × 0.65 ÷ Home Value
Rent-to-income
22.2%
HUD FMR ÷ ACS HHI
Net migration
+2.70%
IRS SOI
Permits (TTM)
255
Census BPS
Climate risk
78.0
FEMA NRI (0–100)
ZIP 98282
Median home value
$535,300
Gross yield
4.8%
Buy Box score
0.1
Section 8 gap
32.4%
Affordability
P/I: 8.1R/I: —
Section 8 detail
SAFMR: $2,160Rent: $1,631Gap: 32.4%
ZIP code breakdown8 ZIP codes
| ZIP | Median home value | Rent (FMR 2BR) | Gross yield | Buy Box score ↓ | Section 8 gap |
|---|---|---|---|---|---|
| 98277 | — | — | — | 0.2 | — |
| 98239 | — | — | — | 0.2 | — |
| 98282 | $535,300 | $2,160 | 4.8% | 0.1 | 32.4% |
| 98236 | — | — | — | 0.1 | — |
| 98249 | — | — | — | 0.1 | — |
| 98253 | — | — | — | 0.1 | — |
| 98260 | — | — | — | 0.1 | — |
| 98278 | — | — | — | — | — |
Sort by any column. Click a ZIP for detail.
Demographics
Owner-occupied
74.6%
Census ACS
Vacancy rate
16.2%
Census ACS
Bachelor's degree +
35.7%
Census ACS
Rent burdened
51.0%
Census ACS (>30% income)
Median age
44.5
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