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Brown City city, MI

ZIP 48416 — Housing & Real Estate

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

Middle ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 48416

Median Home Value
$212,700
Median Rent
$547
Affordability Snapshot
$59,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,366/mo PITI).

10%
Rent-to-Income Ratio

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

3.1x
Home Price-to-Income Ratio

Within the typical 3-5x range for home affordability.

32.4 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 48416 in Brown City city, MI, a household would need roughly $59,000 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 $1,366. That sits below the local median household income ($68,650), 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

Owner-occupied majority; balanced tenure mix.

Heating Fuel
Housing Metrics
Owner Occupied
83.6%+28% vs US avg
x
Vacancy Rate
7.9%-23% vs US avg
x
Broadband Access
79.1%-9% vs US avg
x
4+ Bedrooms
4.8%-68% vs US avg
x
Built Pre-1939
4.9%-61% vs US avg
x
Built Post-2014
0.4%-94% vs US avg
x
Rent Burden >30%
7.4%-85% vs US avg
x
Mortgage-Free
43.8%+15% vs US avg
x
$212,700
Home Value
$547
Rent
1976
Year Built
2009
Moved In

Residents have lived here since ~2009 on average

Housing Structure

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

  • 1-unit detached87.9%
  • 1-unit attached1.4%
  • 2-9 units2.2%
  • 10+ units2.1%
  • Mobile home & other6.4%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$212,700
Median rent$547
Owner-occupied83.6%
Vacant7.9%
Price-to-income3.1x
Est. income to buy$59,000