Housing market/Michigan/ZIP 49649

ACS 2023 · FY2027 SAFMR

ZIP 49649 Kingsley, Wexford County, Michigan

Wexford 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
7,293
Households
2,340
Median HH income
$73,021
Renter share
16.8%
Median gross rent
$1,041
Vacancy
11.3%
Pop. change
-1.5%
2BR SAFMR
$1,230
SAFMR / rent
1.182×
2–49 unit stock
31
LIHTC proj / units
—
HUD assisted MF
—

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 49649 · MI — sent to you.

ZIP 49649 · MI

ACS median rent$1,041
2BR SAFMR$1,230
90% floor$1,107
110% ceiling$1,353

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

Housing stock

ACS 2023 units-in-structure · ZCTA 49649

  • 1-unit detached2,10779.8%
  • 1-unit attached281.1%
  • 2–4 units120.5%
  • 5–49 units190.7%
  • Mobile47317.9%
TypeUnitsShare
1-unit detached2,10779.8%
1-unit attached281.1%
2 units (duplex)120.5%
3–4 units00.0%
5–9 units150.6%
10–19 units40.2%
20–49 units00.0%
50+ units00.0%
Mobile47317.9%

2–4 unit share 0.5% · 5–49 unit share 0.7% · combined 2–49 1.2%.

Units by bedrooms

Studio
48
1BR
129
2BR
550
3BR
1,448
4BR
353
5+
111

Rent burden

Rent ≥30% of income32.8%
Rent ≥50% of income17.6%
  • ACS median gross rent $1,041 (all bedrooms, occupied rentals).
  • Median contract rent $766.
  • Renters paying ≥30% of income 32.8%; ≥50% 17.6%.
  • FY2027 2BR SAFMR $1,230 (1.182× ACS median gross rent).

Population

7,293 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 9 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 49649 16.8% of occupied households are renters; vacancy is 11.3%; ACS median gross rent is $1,041; population changed -1.5% between the 2018 and 2023 ACS vintages; the housing stock includes 12 units in 2–4-unit structures and 19 units in 5–49-unit structures; FY2027 2BR SAFMR is $1,230 versus ACS median gross rent of $1,041. 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 49649 is a Census / HUD profile for Wexford 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 49649?

ZIP 49649 (Wexford County, MI) has 7,293 residents, 2,340 households, a renter share of 16.8%, median household income of $73,021, and ACS 2023 median gross rent of $1,041. Vacancy is 11.3%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 49649?

ACS counts 12 units in 2-unit buildings, 0 in 3–4 unit buildings, 15 in 5–9, 4 in 10–19, and 0 in 20–49. Combined 2–49 unit stock is 31 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 49649?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,230. See the full schedule and 90–110% payment-standard band on the ZIP 49649 — Kingsley, MI HUD Section 8 Payment Standards / SAFMR.

Does this Michigan ZIP profile include Georgia listings?

No. ZIP 49649 is Census / HUD research for Wexford 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.