Housing data for ZIP code 49887

Name: Housing in ZIP code 49887, 2020–2024
Creator: US Census Bureau
License: https://www.census.gov/data/developers/about/terms-of-service.html

ZIP code 49887 has an estimated 2,731 residents and 1,780 homes (US Census Bureau, 2020–2024 American Community Survey).

Most of its land lies in Lake Township (Menominee County), Menominee County.

14.2% of households rent.

The median gross rent is $696 (±$84) a month.

The median home value is $156,600 (±$14,234).

The median household income is $58,375 (±$6,746) a year.

Figures last updated on November 12, 2026.

Residents: 2,731 (±250)
Median gross rent: $696
Median home value: $156,600
Households that rent: 14.2%

How ZIP code 49887 compares

Estimate (90% margin of error)
	ZIP 49887	Lake Township (Menominee County)	Menominee County	Michigan	United States
Residents	2,731 (±250)	429	23,247	10,077,761	334,922,499
Housing units	1,780 (±112)	400	13,262	4,622,236	143,775,355
Households that rent	14.2% (±3.9 points)	4.9%	19.3%	26.8%	34.8%
Median gross rent	$696 (±$84)	—	$692	$1,129	$1,413
Median home value	$156,600 (±$14,234)	$160,600	$151,800	$231,600	$332,700
Median household income	$58,375 (±$6,746)	$57,500	$56,435	$72,875	$80,734
Median real estate taxes (a year)	$1,500 (±$144)	$1,167	$1,537	$2,904	$3,119
Renters paying 30% or more of income	45.6% (±17.0 points)	50.0%	46.3%	50.4%	51.1%
Built before 1980	60.1% (±5.9 points)	56.9%	65.3%	62.1%	49.7%
Average commute	26.7 minutes (±2.0)	25.5 minutes	22.8 minutes	24.2 minutes	26.4 minutes
Households with broadband	85.2% (±2.5 points)	73.4%	85.0%	90.5%	91.0%
Median age of residents	46.6 years (±4.8)	56.8 years	49.6 years	40.2 years	38.9 years

In ZIP 49887, median gross rent is not measurably different from Menominee County ($692).

It is also lower than in Michigan ($1,129).

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

Its median home value is not measurably different from Lake Township (Menominee County) as a whole ($160,600).

Among the 8 ZIP codes in Menominee County with a published estimate, ZIP 49887 ranks 5 from highest to lowest median gross rent.

Among the 12 ZIP codes in Menominee County with a published estimate, ZIP 49887 ranks 8 from highest to lowest median home value.

Among the 12 ZIP codes in Menominee County with a published estimate, ZIP 49887 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 49887

Share of rented homes in each gross-rent range, 2020–2024
Monthly gross rent	ZIP 49887	Menominee County	Michigan	United States
Less than $500	22.5% (±12.1 points)	23.6%	8.3%	6.3%
$500 to $999	65.2% (±12.6 points)	58.2%	30.1%	20.2%
$1,000 to $1,499	10.1% (±8.1 points)	13.3%	38.4%	28.1%
$1,500 to $1,999	2.2% (±3.6 points)	2.6%	15.1%	21.1%
$2,000 to $2,499	0.0% (±19.4 points)	2.3%	5.0%	12.0%
$2,500 to $2,999	0.0% (±19.4 points)	0.0%	1.4%	5.5%
$3,000 or more	0.0% (±19.4 points)	0.0%	1.7%	6.8%

The most common range is $500 to $999, paid by 65.2% of renting households.

Rent by bedrooms in ZIP code 49887

Median gross rent by number of bedrooms, estimate (90% margin of error)
Bedrooms	Census median
1 bedroom	$450 (±$182)
2 bedrooms	$679 (±$102)
3 bedrooms	$944 (±$46)

Rent burden in ZIP code 49887

Renting households by gross rent as a percentage of household income, 2020–2024
Share of income spent on rent	ZIP 49887	Menominee County	Michigan	United States
Less than 15%	36.0% (±12.1 points)	25.6%	13.5%	12.6%
15% to 19.9%	3.7% (±3.5 points)	12.7%	12.2%	12.2%
20% to 24.9%	5.1% (±5.3 points)	7.3%	12.4%	12.6%
25% to 29.9%	9.6% (±6.7 points)	8.1%	11.5%	11.5%
30% to 34.9%	8.1% (±8.0 points)	11.8%	9.0%	9.2%
35% or more	37.5% (±15.0 points)	34.5%	41.4%	41.9%

45.6% (±17.0 points) of renting households in ZIP code 49887 spend 30% or more of their income on gross rent.

Home values in ZIP code 49887

Owner-occupied homes by value, 2020–2024
Value	ZIP 49887	Menominee County	Michigan	United States
Less than $50,000	8.5% (±2.6 points)	9.3%	7.6%	5.3%
$50,000 to $99,999	20.6% (±3.6 points)	22.2%	9.2%	6.1%
$100,000 to $149,999	18.4% (±4.3 points)	17.8%	10.6%	6.8%
$150,000 to $199,999	14.9% (±3.9 points)	17.9%	14.1%	9.0%
$200,000 to $299,999	20.4% (±4.4 points)	19.6%	23.4%	17.8%
$300,000 to $499,999	16.6% (±6.4 points)	10.2%	24.1%	26.9%
$500,000 to $999,999	0.5% (±0.6 points)	2.4%	9.2%	20.9%
$1,000,000 or more	0.0% (±3.1 points)	0.7%	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 49887

Housing units by units in structure, 2020–2024
Building type	ZIP 49887	Menominee County	Michigan	United States
Single-family, detached	90.5% (±3.2 points)	80.7%	72.0%	61.3%
Single-family, attached (townhouse, rowhouse)	0.8% (±0.7 points)	1.1%	4.8%	6.2%
2 units	0.6% (±0.7 points)	2.7%	2.2%	3.4%
3 or 4 units	0.3% (±0.5 points)	1.5%	2.6%	4.3%
5 to 9 units	1.7% (±1.3 points)	1.9%	4.1%	4.5%
10 to 19 units	0.3% (±0.3 points)	1.3%	3.5%	4.3%
20 or more units	0.0% (±1.7 points)	3.3%	5.6%	10.3%
Mobile home	5.7% (±2.6 points)	7.5%	5.0%	5.6%
Boat, RV, van, etc.	0.0% (±1.7 points)	0.0%	0.0%	0.1%

When the homes in ZIP code 49887 were built

Housing units by year structure built, 2020–2024
Year built	ZIP 49887	Menominee County	Michigan	United States
2020 or later	0.4% (±0.4 points)	0.5%	1.0%	2.0%
2010 to 2019	3.7% (±1.1 points)	3.7%	4.9%	9.4%
2000 to 2009	9.8% (±2.4 points)	8.7%	10.3%	13.6%
1990 to 1999	15.7% (±3.4 points)	11.4%	12.1%	12.4%
1980 to 1989	10.2% (±3.4 points)	10.4%	9.7%	12.9%
1970 to 1979	17.9% (±3.3 points)	15.1%	14.9%	14.2%
1960 to 1969	6.5% (±1.8 points)	9.3%	11.5%	9.9%
1950 to 1959	9.9% (±2.4 points)	11.3%	14.2%	9.5%
1940 to 1949	6.9% (±2.0 points)	6.8%	6.9%	4.4%
1939 or earlier	18.9% (±3.3 points)	22.8%	14.6%	11.7%

60.1% of the homes in ZIP code 49887 were built before 1980, so many fall under the federal lead-paint disclosure rules for homes built before 1978.

Heating fuel in ZIP code 49887

Occupied housing units by house heating fuel, 2020–2024
Fuel used most	ZIP 49887	Menominee County	Michigan	United States
Utility gas	31.5% (±4.4 points)	52.3%	74.9%	46.5%
Fuel oil, kerosene, etc.	1.6% (±0.8 points)	1.7%	0.8%	3.9%
Electricity	8.5% (±3.4 points)	8.9%	12.1%	41.3%
Bottled or tank gas (propane)	42.9% (±5.6 points)	26.9%	8.7%	4.9%
Wood	13.8% (±4.2 points)	8.5%	2.2%	1.4%
Solar energy	0.2% (±0.2 points)	0.0%	0.0%	0.3%
Coal or coke	0.0% (±2.7 points)	0.5%	0.0%	0.1%
Other fuel	1.4% (±1.3 points)	0.7%	0.8%	0.5%
No fuel used	0.2% (±0.3 points)	0.5%	0.5%	1.2%

How people in ZIP code 49887 get to work

Workers 16 and over by means of transportation to work, 2020–2024
Means of transportation	ZIP 49887	Menominee County	Michigan	United States
Drove alone	77.0% (±5.4 points)	78.6%	74.3%	68.8%
Carpooled	9.8% (±3.1 points)	8.1%	7.9%	8.5%
Public transportation	0.0% (±2.6 points)	0.2%	0.9%	3.2%
Walked	3.5% (±2.7 points)	3.6%	2.0%	2.4%
Other means (bicycle, taxi, motorcycle)	1.0% (±0.7 points)	1.6%	1.4%	2.0%
Worked from home	8.7% (±2.8 points)	7.9%	13.5%	15.1%

Workers who live in ZIP code 49887 take an average of 26.7 minutes to get to work.

Places in ZIP code 49887

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
Lake Township (Menominee County)	32%	—	4.9%
Cedarville Township	31%	—	12.3%
Stephenson Township	18%	$742	7.0%

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 49887

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
49848	4.7 mi	—	$144,600	$38,750	18.3%
49893	9.0 mi	$763	$197,600	$63,125	7.6%
54177	9.0 mi	$746	$166,800	$62,991	14.1%
49821	10 mi	$788	$164,300	$58,750	7.2%
54159	15 mi	$1,125	$186,100	$69,375	1.8%
49858	15 mi	$728	$134,400	$53,186	24.3%
49863	18 mi	—	$67,600	$32,961	6.0%
49812	18 mi	$900	$166,200	$51,250	11.2%

ZIP code 49887 is reported as ZIP Code Tabulation Area 49887: 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 49887

What is the median rent in ZIP code 49887?

The median gross rent in ZIP Code Tabulation Area 49887 is $696 (±$84) a month (2020–2024 American Community Survey).

What is the median home value in ZIP code 49887?

The median value of owner-occupied homes in ZIP code 49887 is $156,600 (±$14,234) (2020–2024 American Community Survey).

What is the median household income in ZIP code 49887?

The median household income in ZIP code 49887 is $58,375 (±$6,746) a year (2020–2024 American Community Survey).

What town is ZIP code 49887 in?

Most of ZIP code 49887’s land lies in Lake Township (Menominee County); it also covers Cedarville Township, Stephenson 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 49887 (zip code tabulation area:49887).

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.