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Otsego city, MI

ZIP 49078 — 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 49078

Median Home Value
$189,600
Median Rent
$795
Affordability Snapshot
$52,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,218/mo PITI).

12%
Rent-to-Income Ratio

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

2.4x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

19.9 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 49078 in Otsego city, MI, a household would need roughly $52,000 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 $1,218. That sits below the local median household income ($77,517), 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
81.6%+25% vs US avg
x
Vacancy Rate
6.5%-37% vs US avg
x
Broadband Access
87.7%+1% vs US avg
x
4+ Bedrooms
4.4%-70% vs US avg
x
Built Pre-1939
7.3%-43% vs US avg
x
Built Post-2014
0.5%-93% vs US avg
x
Rent Burden >30%
4.3%-91% vs US avg
x
Mortgage-Free
35.6%-7% vs US avg
x
$189,600
Home Value
$795
Rent
1973
Year Built
2011
Moved In

Residents have lived here since ~2011 on average

Housing Structure

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

  • 1-unit detached85.4%
  • 1-unit attached1.3%
  • 2-9 units4.7%
  • 10+ units4.2%
  • Mobile home & other4.4%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$189,600
Median rent$795
Owner-occupied81.6%
Vacant6.5%
Price-to-income2.4x
Est. income to buy$52,000