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Bessemer city, MI

ZIP 49911 — 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 49911

Median Home Value
$109,500
Median Rent
$500
Affordability Snapshot
$30,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$703/mo PITI).

12%
Rent-to-Income Ratio

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

2.1x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

18.3 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 49911 in Bessemer city, MI, a household would need roughly $30,000 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 $703. That sits below the local median household income ($51,326), 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

Vacancy rate 33% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
78.9%+21% vs US avg
x
Vacancy Rate
32.7%+217% vs US avg
x
Broadband Access
85.3%-2% vs US avg
x
4+ Bedrooms
0.6%-96% vs US avg
x
Built Pre-1939
8.9%-31% vs US avg
x
Built Post-2014
0.0%
x
Rent Burden >30%
9.0%-82% vs US avg
x
Mortgage-Free
48.0%+26% vs US avg
x
$109,500
Home Value
$500
Rent
1949
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 detached81.8%
  • 1-unit attached0.9%
  • 2-9 units10.5%
  • 10+ units4.5%
  • Mobile home & other2.4%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$109,500
Median rent$500
Owner-occupied78.9%
Vacant32.7%
Price-to-income2.1x
Est. income to buy$30,000