USA.com / Michigan / Gogebic County / Wakefield, MI / 49968 / Housing

49968 Zip Code Housing

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As of 2010-2014, median price of a house in 49968 Zip Code is $62,200, which is much lower than the state average of $120,200 and is much lower than the national average of $175,700. The 49968 Zip Code median house value has grown by 69.48% since 2000. The growth rate for the price of a house in 49968 Zip Code is much higher than the state average rate of 3.98% and is higher than the national average rate of 46.91%. The median year that a house in 49968 Zip Code was built is 1954, which is older than the median year for a house built in the state which is 1969 and is older than the median year for a house built in the USA which is 1976.

Topics:House Value Housing Occupancy Year Structure Built Mortgage Status Mortgage Owner's Costs None-Mortgage Owner's Costs Units in Structure Rooms Bedrooms House Heating Fuel Gross Rent Vehicle Available

House Value

Median Value of a Total of 805 Owner Occupied Houses in 49968 Zip Code, see rank

49968 Zip Code	62,200 USD
Michigan	120,200 USD
U.S.	175,700 USD

Median House Price Growth Since 2000, see rank

49968 Zip Code	69.48%
Michigan	3.98%
U.S.	46.91%

Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2010-2014 data. View historical house value data.

Housing Occupancy

	49968 Zip Code	Michigan	U.S.
Total Housing Units	1,431, see rank, 100%	4,532,719	132,741,033
Occupied Housing Units	1,031, 72.05%, see rank	84.45%	87.55%
Owner Occupied	805, 56.25%, see rank	60.41%	56.34%
Renter Occupied	226, 15.79%, see rank	24.04%	31.21%
Vacant Housing Units	400, 27.95%, see rank	15.55%	12.45%
For Rent	13, 0.91%, see rank	1.84%	2.34%
For Sale Only	35, 2.45%, see rank	1.40%	1.20%
Rented or Sold, Not Occupied	0, 0.00%, see rank	1.04%	0.92%
For Seasonal, Recreational, or Occasional Use	281, 19.64%, see rank	6.26%	3.97%
For Migrant Workers	4, 0.28%, see rank	0.05%	0.03%
Other Vacant	67, 4.68%, see rank	4.96%	4.00%

*Based on 2010-2014 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #844

49968 Zip Code	Michigan	U.S.
1954	1969	1976

Ranks: 1995 or earlier, 1960-1969, 1970-1979, 1980-1989, 1990-2000, 2000-2010

*Based on 2010-2014 data. View historical year structure built data.

Mortgage Status

	49968 Zip Code	%	Michigan	U.S.
Owner-Occupied Units	805	100%	2,738,012	74,787,460
With a Mortgage	383	47.58%, see rank	63.63%	65.58%
Without a Mortgage	422	52.42%, see rank	36.37%	34.42%

*Based on 2010-2014 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage

Median Owner Costs, see rank

49968 Zip Code	781 USD
Michigan	1,295 USD
U.S.	1,522 USD

Owner Costs Distribution

Monthly Owner Costs	49968 Zip Code	%	Michigan	U.S.
$299 or Less	3	0.78%, see rank	0.19%	0.20%
$300 to $499	28	7.31%, see rank	1.88%	1.59%
$500 to $699	119	31.07%, see rank	6.65%	5.01%
$700 to $999	139	36.29%, see rank	19.56%	14.32%
$1,000 to $1,499	70	18.28%, see rank	34.69%	27.90%
$1,500 to $1,999	13	3.39%, see rank	20.06%	20.35%
$2,000 to $2,999	11	2.87%, see rank	12.84%	19.52%
$3,000 or More	0	0.00%, see rank	4.13%	11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank

49968 Zip Code	18.60% of the Total Income
Michigan	22.60% of the Total Income
U.S.	23.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution

	49968 Zip Code	%	Michigan	U.S.
10% or Less	54	14.10%, see rank	5.90%	5.86%
10% to 20%	151	39.43%, see rank	35.28%	31.95%
20% to 30%	76	19.84%, see rank	27.51%	27.64%
30% to 40%	27	7.05%, see rank	12.63%	13.74%
40% or More	75	19.58%, see rank	18.20%	20.29%

*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.

Monthly Owner Costs for Housing Units without a Mortgage

Median Owner Costs, see rank

49968 Zip Code	358 USD
Michigan	463 USD
U.S.	457 USD

Owner Costs Distribution

Monthly Owner Costs	49968 Zip Code	%	Michigan	U.S.
$199 or Less	42	9.95%, see rank	4.74%	7.76%
$200 to $299	96	22.75%, see rank	12.46%	14.70%
$300 to $499	217	51.42%, see rank	40.41%	34.63%
$500 to $699	40	9.48%, see rank	25.95%	21.16%
$700 or More	27	6.40%, see rank	16.44%	21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank

49968 Zip Code	14.50% of the Total Income
Michigan	13.40% of the Total Income
U.S.	12.30% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution

	49968 Zip Code	%	Michigan	U.S.
10% or Less	127	30.09%, see rank	35.33%	40.19%
10% to 20%	170	40.28%, see rank	33.76%	31.47%
20% to 30%	56	13.27%, see rank	13.39%	12.24%
30% to 40%	33	7.82%, see rank	6.18%	5.64%
40% or More	32	7.58%, see rank	9.99%	9.16%

*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

	49968 Zip Code	Michigan	U.S.
Total Housing Units	1,431, 100%	4,532,719	132,741,033
1-unit, Detached	1,166, 81.48%, see rank	71.97%	61.65%
1-unit, Attached	5, 0.35%, see rank	4.66%	5.82%
2 Units	31, 2.17%, see rank	2.58%	3.75%
3 or 4 Units	32, 2.24%, see rank	2.56%	4.43%
5 to 9 Units	73, 5.10%, see rank	4.20%	4.78%
10 or More Units	57, 3.98%, see rank	8.58%	13.08%
Mobile Home, Boat, RV, Van, etc.	67, 4.68%, see rank	5.45%	6.49%

*Based on 2010-2014 data. View historical units in structure data.

Rooms

	49968 Zip Code	Michigan	U.S.
Total Housing Units	1,431, 100%	4,532,719	132,741,033
1 Room	48, 3.35%, see rank	1.24%	1.95%
2 Rooms	108, 7.55%, see rank	1.78%	2.48%
3 Rooms	86, 6.01%, see rank	7.14%	9.13%
4 Rooms	196, 13.70%, see rank	14.38%	16.60%
5 Rooms	380, 26.55%, see rank	21.00%	20.41%
6 Rooms	341, 23.83%, see rank	20.07%	18.06%
7 Rooms	166, 11.60%, see rank	13.45%	12.27%
8 Rooms	39, 2.73%, see rank	9.27%	8.48%
9 Rooms or More	67, 4.68%, see rank	11.67%	10.60%
Median Rooms	5.20, see rank	5.70	5.50

*Based on 2010-2014 data. View historical rooms data.

Bedrooms

	49968 Zip Code	Michigan	U.S.
Total Housing Units	1,431, 100%	4,532,719	132,741,033
No Bedroom	48, 3.35%, see rank	1.35%	2.17%
1 Bedroom	180, 12.58%, see rank	9.11%	11.16%
2 Bedrooms	416, 29.07%, see rank	26.33%	26.69%
3 Bedrooms	578, 40.39%, see rank	43.93%	39.70%
4 Bedrooms	199, 13.91%, see rank	15.80%	16.05%
5 or More Bedrooms	10, 0.70%, see rank	3.47%	4.22%

*Based on 2010-2014 data. View historical bedrooms data.

House Heating Fuel

	49968 Zip Code	Michigan	U.S.
Total Housing Units	1,031, 100%	3,827,880	116,211,092
Utility Gas	515, 49.95%, see rank	77.13%	48.85%
Bottled, Tank, or LP Gas	157, 15.23%, see rank	8.48%	4.86%
Electricity	100, 9.70%, see rank	8.30%	36.68%
Fuel Oil, Kerosene, etc.	137, 13.29%, see rank	1.40%	5.86%
Coal or Coke	0, 0.00%, see rank	0.03%	0.12%
Wood	121, 11.74%, see rank	3.39%	2.12%
Solar Energy	0, 0.00%, see rank	0.02%	0.05%
Other Fuel	1, 0.10%, see rank	0.86%	0.47%
No Fuel Used	0, 0.00%, see rank	0.39%	1.00%

*Based on 2010-2014 data. View historical house heating fuel data.

Gross Rent

Monthly Rental	49968 Zip Code	Michigan	U.S.
Occupied Units Paying Rent	190, 100%	1,028,835	39,201,928
$199 or Less	3, 1.58%, see rank	1.86%	1.50%
$200 to $299	19, 10.00%, see rank	3.88%	3.18%
$300 to $499	93, 48.95%, see rank	9.32%	7.37%
$500 to $699	26, 13.68%, see rank	23.63%	16.01%
$700 to $999	23, 12.11%, see rank	35.23%	29.17%
$1,000 to $1,499	26, 13.68%, see rank	20.17%	26.88%
$1,500 to $1,999	0, 0.00%, see rank	3.85%	9.79%
$2,000 or More	0, 0.00%, see rank	2.06%	6.10%
Median	$469, see rank	$780	$920

*Based on 2010-2014 data. View historical gross rent data.

Vehicle Available

	49968 Zip Code	Michigan	U.S.
Occupied Housing Units	1,031, 100%	3,827,880	116,211,092
No Vehicles Available	90, 8.73%, see rank	7.97%	9.12%
1 Vehicles Available	356, 34.53%, see rank	35.06%	33.80%
2 Vehicles Available	448, 43.45%, see rank	38.45%	37.48%
3 or More Vehicles Available	137, 13.29%, see rank	18.52%	19.61%

*Based on 2010-2014 data. View historical vehicle available data.