Housing market/Michigan/ZIP 49861

ACS 2023 · FY2027 SAFMR

ZIP 49861 Michigamme, Marquette County, Michigan

Marquette County, MI · Michigan. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.

Population
534
Households
257
Median HH income
$66,806
Renter share
3.1%
Median gross rent
—
Vacancy
59.5%
Pop. change
+1.5%
2BR SAFMR
$1,110
SAFMR / rent
—
2–49 unit stock
1
LIHTC proj / units
—
HUD assisted MF
—

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 49861 · MI — sent to you.

ZIP 49861 · MI

2BR SAFMR$1,110
90% floor$999
110% ceiling$1,221

ACS median is all-bedroom occupied rent. SAFMR is the 2-bedroom HCV benchmark.

Housing stock

ACS 2023 units-in-structure · ZCTA 49861

  • 1-unit detached59694.0%
  • 1-unit attached81.3%
  • 5–49 units10.2%
  • Mobile294.6%
TypeUnitsShare
1-unit detached59694.0%
1-unit attached81.3%
2 units (duplex)00.0%
3–4 units00.0%
5–9 units00.0%
10–19 units10.2%
20–49 units00.0%
50+ units00.0%
Mobile294.6%

2–4 unit share 0.0% · 5–49 unit share 0.2% · combined 2–49 0.2%.

Units by bedrooms

Studio
10
1BR
97
2BR
223
3BR
258
4BR
30
5+
16

Rent burden

Rent ≥30% of income0.0%
Rent ≥50% of income0.0%
  • Renters paying ≥30% of income 0.0%; ≥50% 0.0%.

Population

534 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +1.5%.

ACS 5-year estimates lag current construction. This is not a forecast.

Assisted inventory

  • LIHTC: not published for this ZIP.
  • HUD project-based assisted MF: not published for this ZIP.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 0 new apartments in 5+ unit buildings may have been permitted in this ZIP’s share of the county. That is units (doors), not a building count.

Cities and counties report building permits to the Census. Apartment counts are for the whole county, not a project list in this ZIP.

What the data shows

ZIP 49861 3.1% of occupied households are renters; vacancy is 59.5%; population increased +1.5% between the 2018 and 2023 ACS vintages; the housing stock includes 0 units in 2–4-unit structures and 1 units in 5–49-unit structures. These figures describe the underlying housing market, not the cash flow of any one property. Asking rents, expenses, condition, taxes, insurance, and the rent roll have to be underwritten separately.

Michigan research

ZIP 49861 is a Census / HUD profile for Marquette County, MI. Not a listing page. Brokerage is Georgia; out-of-state work is referral.

Nearby ZIPs in this FMR area

Census ZIP areas approximate mail ZIPs. Sources: Census ACS 5-year 2023, HUD FY2027 Small Area FMR, HUD LIHTC and assisted multifamily lists, Census building permits (county). This page is Michigan research. Brokerage is Georgia.

FAQ

What is the housing market like in ZIP 49861?

ZIP 49861 (Marquette County, MI) has 534 residents, 257 households, a renter share of 3.1%, median household income of $66,806, and ACS 2023 median gross rent of —. Vacancy is 59.5%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 49861?

ACS counts 0 units in 2-unit buildings, 0 in 3–4 unit buildings, 0 in 5–9, 1 in 10–19, and 0 in 20–49. Combined 2–49 unit stock is 1 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 49861?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,110. See the full schedule and 90–110% payment-standard band on the ZIP 49861 — Michigamme, MI HUD Section 8 Payment Standards / SAFMR.

Does this Michigan ZIP profile include Georgia listings?

No. ZIP 49861 is Census / HUD research for Marquette County, MI. Jeff Crowe CRE does not list Michigan property. Licensed brokerage is Georgia. If you use this stock table and then buy in Georgia, live FMLS Residential Income is on multifamily for sale in Georgia.