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Dowagiac city, MI

ZIP 49047 — Housing & Real Estate

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

Working ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 49047

Median Home Value
$182,000
Median Rent
$632
Affordability Snapshot
$50,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,169/mo PITI).

14%
Rent-to-Income Ratio

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

3.3x
Home Price-to-Income Ratio

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

24.0 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 49047 in Dowagiac city, MI, a household would need roughly $50,000 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 $1,169. That is roughly in line with the local median household income ($55,469). Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Vacancy rate 25% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
72.4%+11% vs US avg
x
Vacancy Rate
24.6%+139% vs US avg
x
Broadband Access
87.0%-0% vs US avg
x
4+ Bedrooms
6.1%-59% vs US avg
x
Built Pre-1939
11.8%-7% vs US avg
x
Built Post-2014
0.7%-90% vs US avg
x
Rent Burden >30%
23.2%-53% vs US avg
x
Mortgage-Free
45.7%+20% vs US avg
x
$182,000
Home Value
$632
Rent
1962
Year Built
2013
Moved In

Residents have lived here since ~2013 on average

Housing Structure

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

  • 1-unit detached82.2%
  • 1-unit attached2.2%
  • 2-9 units9.5%
  • 10+ units3.2%
  • Mobile home & other2.9%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$182,000
Median rent$632
Owner-occupied72.4%
Vacant24.6%
Price-to-income3.3x
Est. income to buy$50,000