Housing market/Michigan/ZIP 49254

ACS 2023 · FY2027 SAFMR

ZIP 49254 Michigan Center, Michigan

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

Population
3,617
Households
1,653
Median HH income
$73,750
Renter share
14.3%
Median gross rent
$1,038
Vacancy
8.4%
Pop. change
+32.5%
2BR SAFMR
$1,340
SAFMR / rent
1.291×
2–49 unit stock
73
LIHTC proj / units
1 / 24
HUD assisted MF
—

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 49254 · MI — sent to you.

ZIP 49254 · MI

ACS median rent$1,038
2BR SAFMR$1,340
90% floor$1,206
110% ceiling$1,474

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

Housing stock

ACS 2023 units-in-structure · ZCTA 49254

  • 1-unit detached1,72495.5%
  • 1-unit attached80.4%
  • 2–4 units563.1%
  • 5–49 units170.9%
TypeUnitsShare
1-unit detached1,72495.5%
1-unit attached80.4%
2 units (duplex)80.4%
3–4 units482.7%
5–9 units170.9%
10–19 units00.0%
20–49 units00.0%
50+ units00.0%
Mobile00.0%

2–4 unit share 3.1% · 5–49 unit share 0.9% · combined 2–49 4.0%.

Units by bedrooms

Studio
8
1BR
156
2BR
780
3BR
647
4BR
205
5+
9

Rent burden

Rent ≥30% of income42.4%
Rent ≥50% of income13.1%
  • ACS median gross rent $1,038 (all bedrooms, occupied rentals).
  • Median contract rent $847.
  • Renters paying ≥30% of income 42.4%; ≥50% 13.1%.
  • FY2027 2BR SAFMR $1,340 (1.291× ACS median gross rent).

Population

3,617 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +32.5%.

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

Assisted inventory

  • LIHTC: 1 projects, 24 units.
  • 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 99 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 49254 14.3% of occupied households are renters; vacancy is 8.4%; ACS median gross rent is $1,038; population increased +32.5% between the 2018 and 2023 ACS vintages; the housing stock includes 56 units in 2–4-unit structures and 17 units in 5–49-unit structures; 1 LIHTC projects totaling 24 units; FY2027 2BR SAFMR is $1,340 versus ACS median gross rent of $1,038. 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 49254 is a Census / HUD profile for Jackson, 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 49254?

ZIP 49254 (Jackson, MI MSA) has 3,617 residents, 1,653 households, a renter share of 14.3%, median household income of $73,750, and ACS 2023 median gross rent of $1,038. Vacancy is 8.4%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 49254?

ACS counts 8 units in 2-unit buildings, 48 in 3–4 unit buildings, 17 in 5–9, 0 in 10–19, and 0 in 20–49. Combined 2–49 unit stock is 73 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 49254?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,340. See the full schedule and 90–110% payment-standard band on the ZIP 49254 — Michigan Center, MI HUD Section 8 Payment Standards / SAFMR.

Does this Michigan ZIP profile include Georgia listings?

No. ZIP 49254 is Census / HUD research for Jackson, MI MSA. 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.