Housing data for ZIP code 49642

Name: Housing in ZIP code 49642, 2020–2024
Creator: US Census Bureau
License: https://www.census.gov/data/developers/about/terms-of-service.html

ZIP code 49642 has an estimated 985 residents and 1,086 homes (US Census Bureau, 2020–2024 American Community Survey).

Most of its land lies in Yates Township, Lake County.

18.1% of households rent.

The median gross rent is $763 (±$464) a month.

The median home value is $116,100 (±$39,898).

The median household income is $26,950 (±$4,154) a year.

Figures last updated on November 12, 2026.

Residents: 985 (±258)
Median gross rent: $763
Median home value: $116,100
Households that rent: 18.1%

How ZIP code 49642 compares

Estimate (90% margin of error)
	ZIP 49642	Yates Township	Lake County	Michigan	United States
Residents	985 (±258)	835	12,563	10,077,761	334,922,499
Housing units	1,086 (±126)	1,057	13,461	4,622,236	143,775,355
Households that rent	18.1% (±6.9 points)	21.3%	18.0%	26.8%	34.8%
Median gross rent	$763 (±$464)	—	$875	$1,129	$1,413
Median home value	$116,100 (±$39,898)	$132,600	$133,900	$231,600	$332,700
Median household income	$26,950 (±$4,154)	$30,000	$50,805	$72,875	$80,734
Median real estate taxes (a year)	$1,060 (±$510)	$1,464	$1,456	$2,904	$3,119
Renters paying 30% or more of income	86.5% (±32.8 points)	96.5%	59.2%	50.4%	51.1%
Built before 1980	57.1% (±8.6 points)	58.2%	57.0%	62.1%	49.7%
Average commute	43.3 minutes (±8.0)	42.3 minutes	34.0 minutes	24.2 minutes	26.4 minutes
Households with broadband	76.2% (±7.0 points)	79.3%	81.2%	90.5%	91.0%
Median age of residents	42.2 years (±15.4)	44.8 years	50.5 years	40.2 years	38.9 years

In ZIP 49642, median gross rent is not measurably different from Lake County ($875).

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

It is lower than the national figure ($1,413).

Its median home value is not measurably different from Yates Township as a whole ($132,600).

Among the 6 ZIP codes in Lake County with a published estimate, ZIP 49642 ranks 5 from highest to lowest median gross rent.

Among the 6 ZIP codes in Lake County with a published estimate, ZIP 49642 ranks 5 from highest to lowest median home value.

Among the 6 ZIP codes in Lake County with a published estimate, ZIP 49642 ranks 6 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 49642

Share of rented homes in each gross-rent range, 2020–2024
Monthly gross rent	ZIP 49642	Lake County	Michigan	United States
Less than $500	43.3% (±23.0 points)	21.9%	8.3%	6.3%
$500 to $999	31.3% (±23.0 points)	36.8%	30.1%	20.2%
$1,000 to $1,499	22.4% (±16.0 points)	34.5%	38.4%	28.1%
$1,500 to $1,999	0.0% (±34.3 points)	3.0%	15.1%	21.1%
$2,000 to $2,499	0.0% (±34.3 points)	2.0%	5.0%	12.0%
$2,500 to $2,999	0.0% (±34.3 points)	0.0%	1.4%	5.5%
$3,000 or more	3.0% (±5.5 points)	1.8%	1.7%	6.8%

The most common range is Less than $500, paid by 43.3% of renting households.

Rent by bedrooms in ZIP code 49642

Median gross rent by number of bedrooms, estimate (90% margin of error)
Bedrooms	Census median
1 bedroom	$289 (±$79)
2 bedrooms	$906 (±$277)
3 bedrooms	$1,063 (±$520)

Rent burden in ZIP code 49642

Renting households by gross rent as a percentage of household income, 2020–2024
Share of income spent on rent	ZIP 49642	Lake County	Michigan	United States
Less than 15%	3.0% (±4.3 points)	12.2%	13.5%	12.6%
15% to 19.9%	1.5% (±2.6 points)	14.2%	12.2%	12.2%
20% to 24.9%	6.0% (±11.6 points)	7.4%	12.4%	12.6%
25% to 29.9%	3.0% (±5.2 points)	7.0%	11.5%	11.5%
30% to 34.9%	35.8% (±23.6 points)	13.8%	9.0%	9.2%
35% or more	50.7% (±22.8 points)	45.4%	41.4%	41.9%

86.5% (±32.8 points) of renting households in ZIP code 49642 spend 30% or more of their income on gross rent.

Home values in ZIP code 49642

Owner-occupied homes by value, 2020–2024
Value	ZIP 49642	Lake County	Michigan	United States
Less than $50,000	16.9% (±9.9 points)	13.7%	7.6%	5.3%
$50,000 to $99,999	25.2% (±11.7 points)	19.2%	9.2%	6.1%
$100,000 to $149,999	14.4% (±7.7 points)	22.5%	10.6%	6.8%
$150,000 to $199,999	13.1% (±8.0 points)	13.7%	14.1%	9.0%
$200,000 to $299,999	21.7% (±8.3 points)	15.8%	23.4%	17.8%
$300,000 to $499,999	3.8% (±3.5 points)	10.1%	24.1%	26.9%
$500,000 to $999,999	2.2% (±2.3 points)	3.7%	9.2%	20.9%
$1,000,000 or more	2.6% (±2.7 points)	1.2%	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 49642

Housing units by units in structure, 2020–2024
Building type	ZIP 49642	Lake County	Michigan	United States
Single-family, detached	66.8% (±5.5 points)	71.0%	72.0%	61.3%
Single-family, attached (townhouse, rowhouse)	1.7% (±1.6 points)	0.5%	4.8%	6.2%
2 units	0.2% (±0.3 points)	0.1%	2.2%	3.4%
3 or 4 units	1.8% (±1.4 points)	1.2%	2.6%	4.3%
5 to 9 units	0.3% (±0.4 points)	0.2%	4.1%	4.5%
10 to 19 units	0.0% (±2.7 points)	0.1%	3.5%	4.3%
20 or more units	0.6% (±0.8 points)	0.3%	5.6%	10.3%
Mobile home	28.6% (±5.6 points)	26.5%	5.0%	5.6%
Boat, RV, van, etc.	0.0% (±2.7 points)	0.1%	0.0%	0.1%

When the homes in ZIP code 49642 were built

Housing units by year structure built, 2020–2024
Year built	ZIP 49642	Lake County	Michigan	United States
2020 or later	2.2% (±2.5 points)	1.1%	1.0%	2.0%
2010 to 2019	4.1% (±2.1 points)	4.7%	4.9%	9.4%
2000 to 2009	12.3% (±4.5 points)	10.6%	10.3%	13.6%
1990 to 1999	16.4% (±3.8 points)	14.8%	12.1%	12.4%
1980 to 1989	7.9% (±3.4 points)	11.8%	9.7%	12.9%
1970 to 1979	12.9% (±3.8 points)	19.6%	14.9%	14.2%
1960 to 1969	10.6% (±3.9 points)	11.9%	11.5%	9.9%
1950 to 1959	19.7% (±5.1 points)	11.9%	14.2%	9.5%
1940 to 1949	4.0% (±2.3 points)	5.7%	6.9%	4.4%
1939 or earlier	9.9% (±3.5 points)	7.9%	14.6%	11.7%

57.1% of the homes in ZIP code 49642 were built before 1980, so many fall under the federal lead-paint disclosure rules for homes built before 1978.

Heating fuel in ZIP code 49642

Occupied housing units by house heating fuel, 2020–2024
Fuel used most	ZIP 49642	Lake County	Michigan	United States
Utility gas	47.4% (±10.9 points)	13.3%	74.9%	46.5%
Fuel oil, kerosene, etc.	1.6% (±2.3 points)	2.9%	0.8%	3.9%
Electricity	3.7% (±2.5 points)	8.2%	12.1%	41.3%
Bottled or tank gas (propane)	32.7% (±10.9 points)	53.1%	8.7%	4.9%
Wood	13.9% (±7.1 points)	19.7%	2.2%	1.4%
Solar energy	0.0% (±7.5 points)	0.0%	0.0%	0.3%
Coal or coke	0.0% (±7.5 points)	0.0%	0.0%	0.1%
Other fuel	0.8% (±0.9 points)	2.5%	0.8%	0.5%
No fuel used	0.0% (±7.5 points)	0.3%	0.5%	1.2%

How people in ZIP code 49642 get to work

Workers 16 and over by means of transportation to work, 2020–2024
Means of transportation	ZIP 49642	Lake County	Michigan	United States
Drove alone	85.8% (±8.2 points)	79.5%	74.3%	68.8%
Carpooled	6.0% (±4.4 points)	7.1%	7.9%	8.5%
Public transportation	0.0% (±7.9 points)	1.3%	0.9%	3.2%
Walked	0.0% (±7.9 points)	0.8%	2.0%	2.4%
Other means (bicycle, taxi, motorcycle)	0.0% (±7.9 points)	1.4%	1.4%	2.0%
Worked from home	8.2% (±8.3 points)	9.9%	13.5%	15.1%

Workers who live in ZIP code 49642 take an average of 43.3 minutes to get to work.

Places in ZIP code 49642

Places whose land overlaps this ZIP code, with the share of the ZIP’s land in each
Place	Share of the ZIP’s land in this place	Median gross rent	Households that rent
Yates Township	64%	—	21.3%
Cherry Valley Township	31%	$794	5.5%

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 49642

Nearest ZIP codes with Census figures, by straight-line distance between their internal points
ZIP code	Distance	Median gross rent	Median home value	Median household income	Households that rent
49304	4.4 mi	$837	$116,000	$45,991	25.5%
49623	4.6 mi	$725	$132,900	$60,147	10.1%
49309	11 mi	$950	$151,600	$42,566	8.2%
49656	11 mi	$1,007	$135,500	$56,656	20.9%
49402	12 mi	$1,333	$169,800	$51,324	7.0%
49677	12 mi	$785	$142,000	$59,112	21.5%
49338	13 mi	$1,052	$161,900	$69,375	19.6%
49312	15 mi	—	$120,500	$40,694	7.4%

ZIP code 49642 is reported as ZIP Code Tabulation Area 49642: 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 49642

What is the median rent in ZIP code 49642?

The median gross rent in ZIP Code Tabulation Area 49642 is $763 (±$464) a month (2020–2024 American Community Survey).

What is the median home value in ZIP code 49642?

The median value of owner-occupied homes in ZIP code 49642 is $116,100 (±$39,898) (2020–2024 American Community Survey).

What is the median household income in ZIP code 49642?

The median household income in ZIP code 49642 is $26,950 (±$4,154) a year (2020–2024 American Community Survey).

What town is ZIP code 49642 in?

Most of ZIP code 49642’s land lies in Yates Township; it also covers Cherry Valley 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 49642 (zip code tabulation area:49642).

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.