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Trenary 49891

ZIP codeThe kind of area this report covers. Neighborhood areas nest inside each other, from broad districts down to small pockets.Michigan
$162K
Median valueThe middle estimated value of all homes here, not just the ones that recently sold.

Housing Stock

HomesHow many homes we have records for in this area.434
Median value (AVM)The middle estimated value of all homes here, not just the ones that recently sold.$162K
Median sizeThe middle home size here, measured in square feet.1,080 ft²
Median year builtThe middle build year for homes here. A recent year means most housing is newer.1988
Single familyThe share of homes here that are single-family houses.100%

Equity & Ownership

Equity rich (LTV ≤ 50%)The share of owners who owe half or less of what their home is worth, meaning they hold a lot of equity.82%
Underwater (LTV ≥ 125%)The share of owners who owe at least 25% more than their home is worth.2.0%
Owner occupiedThe share of homes lived in by their owner rather than rented out or left empty.60%
Company ownedThe share of homes owned by a company or trust instead of a person.11%
Median loan-to-valueThe middle share of home value still owed on loans across all owners here.0%
Typical ownership tenureHow long the typical owner here has held their home.126.6 yrs

CommunityThese are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.98
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.77
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.11

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.68%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.15%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.8.0%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.0.9%
PopulationHow many people live in this area.431
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.7 / mi²
Median household incomeThe middle household income here — half of households earn more, half earn less.$66K
Average household incomeThe average household income. It runs higher than the median when a few high earners pull it up.$78K
Average tempThe average temperature here across a full year.42°F
Annual precipHow much rain and melted snow falls here in a typical year.33 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.45%

How Trenary 49891 compares

By median home value, Trenary 49891 is the 9th most expensive of 9 ZIP codes in Alger County, and its typical home is worth more than 24% of all homes in Alger County.

Home values in Trenary 49891

Share of homes at each estimated value.

Median
$52K$300K
ZIP codes in Alger County ranked by median home value
#Alger CountyMedian valueHomes
1Grand Marais 49839$272K739
2Au Train 49806$255K708
3Deerton 49822$250K279
4Shingleton 49884$210K374
5Eben Junction 49825$206K122
6Wetmore 49895$196K1,215
7Chatham 49816$193K440
8Munising 49862$186K2,548
9Trenary 49891$162K434

About the Trenary 49891 market

How many homes are there in Trenary 49891, MI?

Trenary 49891, MI contains 434 residential properties, with a median of 1,080 square feet, built around 1988. The median TopHap Estimate is $162K.

How does Trenary 49891, MI compare to the rest of Alger County?

By median home value, Trenary 49891, MI is the 9th most expensive of 9 ZIP codes in Alger County. Its typical home is worth more than 24% of all homes in Alger County. Munising 49862 ranks just above it. The ranking is rebuilt nightly from the county assessor record of every home in each area.

Do people own or rent in Trenary 49891, MI?

60% of homes in Trenary 49891, MI are owner-occupied. 11% are held by a company rather than an individual.

How much equity do owners in Trenary 49891, MI hold?

82% of mortgaged homes in Trenary 49891, MI are equity-rich, meaning the loan balance is under half the home's value. 2.0% owe more than the home is worth.

Nearby markets

Browse addresses

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Explore Trenary 49891 on the map

See every recorded sale, price heat map, school zone and flood overlay across Trenary 49891in TopHap’s interactive 3D map.

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