ZIP 49457 · Lakewood Club, Michigan

Population

11,086 people call ZIP 49457 home.

11,086

people.

Census ACS 5-year, 2020-2024. Sources: Census ACS 5-year

Rent

Median rent is up 60% since the 2010–2014 survey, before inflation.

$1,105

a month. Michigan's median is $1,129.

Census ACS 5-year, 2020-2024 (latest), with earlier 5-year windows. Sources: Census ACS 5-year

Room to build

The median rent is above what local wages can carry.

$643–$965

is the monthly rent range local workforce wages support.

• $1,105 median

Supportable rent computed by the Almanac from 2021 source wage data. Median rent: Census ACS 5-year, 2020-2024. Sources: Computed by the Almanac, Census ACS 5-year

Building

72% of the housing here was built before 2000.

• 72% of all homes were built before 2000

Census ACS 5-year, 2020-2024. Sources: Census ACS 5-year

Units needed

Closing the gap would add 0.1% to the 4,819 homes here.

3

is the estimated number of missing housing units; all three estimates agree.

Range computed by the Almanac from 2021 jobs and household data, using three demand models: 1% of jobs located here, 1% of renter households, and a rate by town size applied to renters. The low end is the lowest of the three and the high end the highest. It is an estimate, not a count. Sources: Computed by the Almanac

Home value

A median home costs 4% less than Michigan's.

$222,300

median home value in ZIP 49457.

• $222,300 ZIP 49457
• $231,600 Michigan
• $332,700 U.S.

Census ACS 5-year, 2020-2024. Sources: Census ACS 5-year