Zip Code

49245

City

Homer, MI

Population & Migration

What is the forecasted population for Zip code 49245 Homer, MI?

Population census 2020
4,682
Forecasted population 2025
4,474
-0.04% vs. 2020
Forecasted population 2030
4,515
-0.04% vs. 2020

Zip code 49245 Homer, MI population is forecasted to decrease -0.04% by 2025 (-9.1 points below the 4.7% national average).

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Housing and Affordability

With a forecasted population of 4,474 people for 2025 zip code 49245 Homer, MI will generate a good demand for housing, which is expected to have an excess of -70 houses for 2030. Vacancy rate is 5.3 points above national US average.

Total homes available 2020
2,000
Estimated total home demand in 2030
1,929
Total homes balance inventory
-70

Average Household Income in zip code 49245 Homer, MI
from Internal Revenue Service

Average household income in 2021
$69,109

Affordability

Affordability Index
1

Affordability indicates the ability of potential homebuyers to afford a home measured in number of years needed to pay a house. Example: Home Price 500,000 / Household Income 100,000 = 5 Years = Index 5

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Drinking water violations

How is the quality of drinking water in Zip code 49245 Homer, MI?

County total number of drinking water violations

495

+103%

244

County total number of drinking water contaminations

34

+42%

24

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