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Armada village, MI

ZIP 48005 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Upper Middle ClassLow Snow AreaRemote Work Hub

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 48005

Median Home Value
$294,200
Median Rent
$917
Affordability Snapshot
$81,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,890/mo PITI).

10%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

2.7x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

26.7 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 48005 in Armada village, MI, a household would need roughly $81,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $1,890. That sits below the local median household income ($110,946), suggesting the typical household income is closer to a workable buy-in level under these assumptions. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Mostly owner-occupied, low vacancy — stable housing market.

Heating Fuel
Housing Metrics
Owner Occupied
92.3%+41% vs US avg
x
Vacancy Rate
2.1%-80% vs US avg
x
Broadband Access
93.0%+7% vs US avg
x
4+ Bedrooms
2.9%-80% vs US avg
x
Built Pre-1939
3.3%-74% vs US avg
x
Built Post-2014
1.7%-76% vs US avg
x
Rent Burden >30%
39.0%-22% vs US avg
x
Mortgage-Free
35.4%-7% vs US avg
x
$294,200
Home Value
$917
Rent
1976
Year Built
2005
Moved In

Residents have lived here since ~2005 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached93.6%
  • 1-unit attached1.3%
  • 2-9 units1.5%
  • 10+ units1.5%
  • Mobile home & other2.1%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$294,200
Median rent$917
Owner-occupied92.3%
Vacant2.1%
Price-to-income2.7x
Est. income to buy$81,000