Housing data for ZIP code 49240

ZIP code 49240 has an estimated 8,863 residents and 3,907 homes (US Census Bureau, 2020–2024 American Community Survey).

Most of its land lies in Grass Lake Charter Township, Jackson County.

7.4% of households rent.

The median gross rent is $1,135 (±$416) a month.

The median home value is $298,700 (±$22,023).

The median household income is $99,681 (±$9,369) a year.

Figures last updated on .

Residents
8,863 (±525)
Median gross rent
$1,135
Median home value
$298,700
Households that rent
7.4%

How ZIP code 49240 compares

Estimate (90% margin of error)
ZIP 49240Grass Lake Charter TownshipJackson CountyMichiganUnited States
Residents8,863 (±525)6,177160,06010,077,761334,922,499
Housing units3,907 (±272)2,61269,2924,622,236143,775,355
Households that rent7.4% (±2.4 points)9.3%25.0%26.8%34.8%
Median gross rent$1,135 (±$416)$980$985$1,129$1,413
Median home value$298,700 (±$22,023)$297,300$193,700$231,600$332,700
Median household income$99,681 (±$9,369)$95,692$66,073$72,875$80,734
Median real estate taxes (a year)$3,556 (±$218)$3,868$2,432$2,904$3,119
Renters paying 30% or more of income22.9% (±14.3 points)24.8%45.3%50.4%51.1%
Built before 198048.7% (±7.3 points)44.6%67.7%62.1%49.7%
Average commute26.3 minutes (±2.5)24.8 minutes22.5 minutes24.2 minutes26.4 minutes
Households with broadband92.4% (±2.9 points)95.0%91.5%90.5%91.0%
Median age of residents46.8 years (±3.6)42.8 years41.5 years40.2 years38.9 years

In ZIP 49240, median gross rent is not measurably different from Jackson County ($985).

It is not measurably different from Michigan ($1,129).

It is not measurably different from the national figure ($1,413).

The median gross rent in ZIP code 49240 is not measurably different from Grass Lake Charter Township as a whole ($980).

Its median home value is not measurably different from Grass Lake Charter Township as a whole ($297,300).

Among the 17 ZIP codes in Jackson County with a published estimate, ZIP 49240 ranks 6 from highest to lowest median gross rent.

Among the 18 ZIP codes in Jackson County with a published estimate, ZIP 49240 ranks 1 from highest to lowest median home value.

Among the 18 ZIP codes in Jackson County with a published estimate, ZIP 49240 ranks 3 from highest to lowest median household income.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

Rent in ZIP code 49240

Share of rented homes in each gross-rent range, 2020–2024
Monthly gross rentZIP 49240Jackson CountyMichiganUnited States
Less than $5001.2% (±1.9 points)11.0%8.3%6.3%
$500 to $99946.1% (±16.6 points)40.7%30.1%20.2%
$1,000 to $1,49921.2% (±14.9 points)38.0%38.4%28.1%
$1,500 to $1,99926.1% (±17.9 points)7.4%15.1%21.1%
$2,000 to $2,4990.0% (±11.5 points)1.3%5.0%12.0%
$2,500 to $2,9995.3% (±7.8 points)0.6%1.4%5.5%
$3,000 or more0.0% (±11.5 points)0.9%1.7%6.8%

The most common range is $500 to $999, paid by 46.1% of renting households.

Rent by bedrooms in ZIP code 49240

Median gross rent by number of bedrooms, estimate (90% margin of error)
BedroomsCensus median
1 bedroom$864 (±$60)
2 bedrooms$986 (±$259)
3 bedrooms$1,679 (±$289)

Rent burden in ZIP code 49240

Renting households by gross rent as a percentage of household income, 2020–2024
Share of income spent on rentZIP 49240Jackson CountyMichiganUnited States
Less than 15%15.9% (±11.8 points)14.9%13.5%12.6%
15% to 19.9%11.0% (±9.5 points)15.8%12.2%12.2%
20% to 24.9%12.2% (±10.9 points)11.2%12.4%12.6%
25% to 29.9%38.0% (±18.1 points)12.8%11.5%11.5%
30% to 34.9%3.3% (±6.0 points)6.8%9.0%9.2%
35% or more19.6% (±13.0 points)38.5%41.4%41.9%

22.9% (±14.3 points) of renting households in ZIP code 49240 spend 30% or more of their income on gross rent.

Home values in ZIP code 49240

Owner-occupied homes by value, 2020–2024
ValueZIP 49240Jackson CountyMichiganUnited States
Less than $50,0001.4% (±1.3 points)6.6%7.6%5.3%
$50,000 to $99,9992.8% (±2.0 points)13.5%9.2%6.1%
$100,000 to $149,9997.1% (±2.9 points)14.7%10.6%6.8%
$150,000 to $199,99911.3% (±3.9 points)17.0%14.1%9.0%
$200,000 to $299,99927.8% (±6.1 points)24.9%23.4%17.8%
$300,000 to $499,99934.7% (±5.9 points)17.2%24.1%26.9%
$500,000 to $999,99914.3% (±4.5 points)4.8%9.2%20.9%
$1,000,000 or more0.6% (±0.5 points)1.1%1.6%7.1%

Value is the owner’s own estimate of what the home and lot would sell for, not a sale price or an assessment.

The homes in ZIP code 49240

Housing units by units in structure, 2020–2024
Building typeZIP 49240Jackson CountyMichiganUnited States
Single-family, detached89.9% (±3.0 points)75.9%72.0%61.3%
Single-family, attached (townhouse, rowhouse)1.5% (±1.2 points)2.2%4.8%6.2%
2 units3.1% (±1.5 points)3.0%2.2%3.4%
3 or 4 units0.8% (±0.7 points)3.5%2.6%4.3%
5 to 9 units0.3% (±0.4 points)3.8%4.1%4.5%
10 to 19 units0.7% (±0.7 points)2.3%3.5%4.3%
20 or more units0.0% (±0.8 points)4.0%5.6%10.3%
Mobile home3.7% (±2.1 points)5.3%5.0%5.6%
Boat, RV, van, etc.0.0% (±0.8 points)0.0%0.0%0.1%

When the homes in ZIP code 49240 were built

Housing units by year structure built, 2020–2024
Year builtZIP 49240Jackson CountyMichiganUnited States
2020 or later1.1% (±1.0 points)0.7%1.0%2.0%
2010 to 201910.3% (±4.1 points)3.0%4.9%9.4%
2000 to 200916.4% (±4.0 points)10.2%10.3%13.6%
1990 to 199915.9% (±4.3 points)10.5%12.1%12.4%
1980 to 19897.5% (±3.2 points)7.9%9.7%12.9%
1970 to 197913.1% (±3.7 points)14.5%14.9%14.2%
1960 to 19697.0% (±2.5 points)11.4%11.5%9.9%
1950 to 19597.3% (±3.3 points)13.0%14.2%9.5%
1940 to 19496.3% (±3.0 points)6.6%6.9%4.4%
1939 or earlier15.0% (±3.6 points)22.2%14.6%11.7%

48.7% of the homes in ZIP code 49240 were built before 1980, so many fall under the federal lead-paint disclosure rules for homes built before 1978.

Heating fuel in ZIP code 49240

Occupied housing units by house heating fuel, 2020–2024
Fuel used mostZIP 49240Jackson CountyMichiganUnited States
Utility gas54.8% (±5.7 points)71.4%74.9%46.5%
Fuel oil, kerosene, etc.2.0% (±1.3 points)0.8%0.8%3.9%
Electricity7.4% (±2.9 points)11.5%12.1%41.3%
Bottled or tank gas (propane)30.3% (±5.4 points)12.1%8.7%4.9%
Wood4.4% (±2.1 points)2.9%2.2%1.4%
Solar energy0.0% (±0.8 points)0.0%0.0%0.3%
Coal or coke0.0% (±0.8 points)0.0%0.0%0.1%
Other fuel1.0% (±0.9 points)0.9%0.8%0.5%
No fuel used0.1% (±0.2 points)0.4%0.5%1.2%

How people in ZIP code 49240 get to work

Workers 16 and over by means of transportation to work, 2020–2024
Means of transportationZIP 49240Jackson CountyMichiganUnited States
Drove alone72.8% (±4.0 points)79.0%74.3%68.8%
Carpooled6.8% (±3.7 points)7.8%7.9%8.5%
Public transportation0.0% (±0.6 points)0.2%0.9%3.2%
Walked4.1% (±3.5 points)2.1%2.0%2.4%
Other means (bicycle, taxi, motorcycle)1.8% (±1.2 points)1.0%1.4%2.0%
Worked from home14.5% (±4.3 points)9.8%13.5%15.1%

Workers who live in ZIP code 49240 take an average of 26.3 minutes to get to work.

Places in ZIP code 49240

Places whose land overlaps this ZIP code, with the share of the ZIP’s land in each
PlaceShare of the ZIP’s land in this placeMedian gross rentHouseholds that rent
Grass Lake Charter Township42%$9809.3%
Waterloo Township28%$1,4468.4%
Sharon Township12%$1,6536.5%

A township or a New York town includes the villages inside it, so their shares can add up to more than the whole.

ZIP codes near 49240

Nearest ZIP codes with Census figures, by straight-line distance between their internal points
ZIP codeDistanceMedian gross rentMedian home valueMedian household incomeHouseholds that rent
481187.9 mi$1,636$357,200$88,27819.8%
492548.0 mi$1,273$172,100$63,75016.6%
492618.3 mi—$208,800$91,87515.2%
492598.6 mi$1,094$208,300$66,5008.6%
4815811 mi$948$312,200$94,7849.9%
4920212 mi$934$116,100$42,63244.8%
4920312 mi$1,019$159,100$56,20133.1%
4927212 mi$923$233,300$84,1078.5%

Crime reported to police in Jackson County

In 2025, the police departments that report for Jackson County recorded 352 violent and 1,513 property crimes per 100,000 residents.

The FBI publishes crime by police department, not by ZIP code, so this is the figure for the county as a whole.

ZIP code 49240 is reported as ZIP Code Tabulation Area 49240: the Census Bureau’s area built from census blocks to match the ZIP code’s delivery area as closely as it can.

Survey years: 2020–2024 (American Community Survey 5-year estimates).

Margins of error are at the 90% confidence level.

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Questions about ZIP 49240

What is the median rent in ZIP code 49240?

The median gross rent in ZIP Code Tabulation Area 49240 is $1,135 (±$416) a month (2020–2024 American Community Survey).

What is the median home value in ZIP code 49240?

The median value of owner-occupied homes in ZIP code 49240 is $298,700 (±$22,023) (2020–2024 American Community Survey).

What is the median household income in ZIP code 49240?

The median household income in ZIP code 49240 is $99,681 (±$9,369) a year (2020–2024 American Community Survey).

What town is ZIP code 49240 in?

Most of ZIP code 49240’s land lies in Grass Lake Charter Township; it also covers Waterloo Township, Sharon Township.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for ZCTA5 49240 (zip code tabulation area:49240).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The API needs a free key.

Request a Census API key.

DP05_0001E, DP05_0001M, DP04_0134E, DP04_0134M, DP04_0089E, DP04_0089M, DP03_0062E, DP03_0062M, DP04_0047PE, DP04_0047PM

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

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