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Zip Code
49349
City
White Cloud, MI
Aterio Score™
432
out of 1,000 pts
Census 2010
8087
Census 2020
7429
Forecasted population 2025
8187
Forecasted population 2026
8200
Forecasted population 2027
8219
Forecasted population 2028
8243
Forecasted population 2029
8273
Forecasted population 2030
8308
The population in the US is expected to grow 4.7% between 2020 and 2030 or 0.6% per year. Neighborhoods or municipalities with growths above 4.7% for the next 10 years will have a positive effect on the score.
Any growth above 10% should create imbalances between supply and demand in the area creating strong signals for investment opportunities.
Aterio's Adjusted Growth
Coming soon
Growth rate 2020 to 2025
0.102012888
Growth rate 2025 to 2030
0.014755638
Expected growth rate from 2020 to 2030
Coming soon
Aterio's Adjusted Growth is a specialized metric that refines growth projections by incorporating historical growth information and projections, as well as migration data extracted from the USPS. This comprehensive approach offers a more precise indicator of expected growth, enhancing accuracy in predicting demographic and economic changes within a given area.
Average Property price latest Month
$209,854
Average Property price 6 months ago
$211,709
Average Property price 12 months ago
$197,893
Average number of days of a property in the market
Coming soon
Total number of home for sales abandoned
Coming soon
The average number of days a property spends on the market refers to the typical length of time it takes for properties to be sold. A higher average indicates that properties are staying on the market for longer periods, often suggesting lower demand and potentially unfavorable market conditions for sellers.
The total number of abandoned home sales refers to the count of properties that were listed for sale but ultimately left unsold, showcasing a lack of buyer interest or demand. A higher count of abandoned sales typically reflects diminished demand for those properties and can indicate a sluggish or unfavorable real estate market for sellers.
Price speed change rate
0.029110124
Price direction
0.99124094
The speed of change in prices is an important indicator of market volatility and can be used to help investors make decisions about buying or selling assets
In general, when there is a strong price direction, it is more likely that the speed of change will be faster. This is because the momentum behind the price movement is greater, and there may be more market participants who are eager to buy or sell at the prevailing prices.
Home Value Relative Strength Index
84.088033353
Home Value Volatility Score Last 24 Months
40.478879139
Average annual mortgage rate in the US for 30 years
0.0703
Estimated installment price
$1,400
AVERAGE PROPERTY PRICE LATEST MONTH
$342,865
CHANGE IN LISTING PRICE YEAR OVER YEAR
0.177
AVERAGE LISTING PRICE PER SQUARE FOOT
$200
DAYS ON MARKET
57
ACTIVE LISTINGS
23
Average Property price latest Month
$209,854
CHANGE IN LISTING PRICE YEAR OVER YEAR
Coming soon
AVERAGE LISTING PRICE PER SQUARE FOOT
Coming soon
DAYS ON MARKET
Coming soon
ACTIVE LISTINGS
Coming soon
Housing units available in 2020
4425
Housing units available in 2021
4316
Estimated Housing units needed 2030
4948
Deficit or excess inventory
523
When there is a deficit of houses available in the market, it typically leads to an increase in home prices. This is because the demand for homes exceeds the supply, which creates a competitive bidding environment. As a result, buyers are willing to pay more to secure a home, driving up the prices.
Vacancy rate is 10.1% in the United States in the fourth quarter of 2022.
Low levels of vacancy rate signals a need for additional units in a market and a difference in supply and demand where demand is most likely not meet.
Homes in construction in the next 5 years
Coming soon
Total housing units (most recent data)
4178
Occupied housing units by owners
2749
Occupied housing units by renters
444
Total Vacancy rate
0.235758736
Rental Vacancy rate
0.02
Number of business establishments in 2020
89
YOY GDP Growth
0.05347167
YOY GDP Growth for Retail
0.133306775
YOY GDP Growth for construction
0.083243924
YOY GDP Growth for Real Estate
-0.020980465
Retailtainment is a term used to describe the practice of combining retail shopping with entertainment experiences to create a more engaging and immersive shopping environment. The concept of retailtainment is based on the idea that people are looking for more than just a place to buy products; they want an experience that is fun, interactive, and memorable.
Universities attract a large number of employees and students who need housing. This creates demand for real estate in the surrounding area, which can lead to an increase in real estate prices, provides stability to the local economy, and attract investment from wealthy individuals and organizations.
People over 16 years old
6785
People in labor force
3343
civilian employed
3099
civilian unemployed
238
People marked as armed employed
6
% of Army employed Vs Civilian Employed
0.001794795
The Number of Armed Forces Employees signifies both potential advantages and vulnerabilities. Proximity to military bases enhances employment and safety in nearby ZIP codes, but reliance on military activity can create economic risks if bases shut down. It's noteworthy that armed forces employees are concentrated in a minority of ZIP codes, leaving most areas unaffected by this indicator's dynamics.
Average of household income in 2021
$61,345
Affordability index
3
Household debt as % of Income in 2020
1.7
Household debt as % of Income in 2021
1.7
Rate of the previous household debt to income in 2021 vs 2020
NA
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.
3 years or below is affordable, 3.1 to 5.0 is moderate and above 5.1 unaffordable. In 2021 Pittsburgh was 2.7 and San Francisco was 11.8.
Household debt can affect the ability of individuals to make mortgage payments, which can impact the foreclosure rate and the number of distressed properties on the market. If a large number of homeowners default on their mortgages, it can lead to an increase in foreclosures and distressed properties, which can put downward pressure on real estate prices.
% of HouseHolds making less than 50K
0.56
% of HouseHolds making between 50K and 75K
0.193
% of HouseHolds making between 75K and 100K
0.113
% of HouseHolds making between 100K and 200K
0.109
% of HouseHolds making more than 200K
0.024
These household income percentage indicators are derived from IRS data and offer insights into income distribution. They provide a snapshot of economic diversity within a population, highlighting the proportions of households across different income ranges, which can be valuable for assessing community prosperity and socio-economic trends.
Unemployment rate
0.071193539
Unemployment rate for county last 6 months
0.054
Unemployment rate for county latest month
0.051
% of Homes Owner-occupied
0.860945819
US unemployment rate is at 3.4% for April 2023. High levels of unemployment can reduce the number of potential buyers in the market, as individuals who are unemployed or underemployed may not have the income or financial stability to purchase a home. This can lead to a decrease in demand for real estate, which can cause real estate prices to fall.
Owner-occupied housing rate in the US for 2021 was 64.6%. Homeowners are more likely to invest in their homes and the surrounding community, which can lead to improvements in infrastructure, schools, and other amenities. This can make the area more attractive to potential buyers and investors, which can further increase demand for real estate and real estate prices.
% of mortgage defaults in 2019
0.017714792
% of mortgage defaults in 2020
0.003542958
% of mortgage defaults in 2021
0.014171833
Mortgage default rates indicate the percentage of homeowners who fail to make timely mortgage payments, reflecting financial instability. These rates are crucial metrics as they inform investors about potential risks associated with a market. High default rates can signal economic challenges and impact property values, influencing investment decisions and risk assessments.
Violent Crimes ( % above or Below US average)
0.059205303
Property Crimes ( % above or Below US average)
-0.043837677
Total number of violations
519
+113%
244 US average
Total number of health violations
3
-86%
22 US average
Total number of contaminations
30
+25%
24 US average
State highest score is
730
National highest score is
870
