HousingHandbookReference data

U.S. ZIP Code · MI48763

Iosco County

Typical home value

$204,280[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+4.0%
5-year / yr
+6.2%
10-year / yr
+7.1%

Relative price

vs U.S.
-28.1%
vs metro
vs state
-14.6%
ZIP 48763 location in MI
Location of ZIP 48763 in MI

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 48763 is worth $204,280. Over the past year, values have risen 4.0%. The effective property tax rate is 0.9%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent
[2]
Gross yield
[2]
Cap rate
[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate
0.9%[3]
Typical annual tax
$1,761[3]

#Climate risk

FEMA National Risk Index ratings for Iosco County. "Not Applicable" means the hazard does not threaten the county.

Overall risk
Very Low[4]
Riverine flood
Relatively Low
Coastal flood
Very Low
Wildfire
Very Low
Drought
No Rating
Heat wave
Very Low
Hurricane
Very Low
Tornado
Relatively Low
Earthquake
Very Low
Winter weather
Relatively Moderate

#Who lives here

Population
4,883[3]
Median household income
$59,677[3]

#Migration

Household moves in and out of Iosco County over a year, from IRS tax-return data.

Net migration
+31[5]
Moved in
746
Moved out
715

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools
6
Elementary
1
Middle
1
High
3
  • Clara B Bolen Elementary School

    Elementary · Grades PK–4 · Tawas Area Schools

    436 students

  • Tawas Area Middle School

    Middle · Grades 5–8 · Tawas Area Schools

    354 students

  • Tawas Area High School

    High · Grades 9–12 · Tawas Area Schools

    348 students

  • Alternative Educational Academy of Iosco County

    High · Grades 6–12 · Alternative Educational Academy of Iosco County

    187 students

  • Iosco RESA Special Education

    Other · Grades PK–12 · Iosco RESA

    40 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Gross yield
Net yield (after ~40% expenses)
Annual rent

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Monthly payment$1,033
Loan principal$163,424
Down payment$40,856
Total interest paid$208,439

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Own : rent ratio
Monthly cost to own$1,350
Monthly rent

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation
[1]
Rental yield
[2]
Property tax
[3]

Frequently asked

How much is a home worth in ZIP code 48763?
The typical home in 48763 is worth $204,280, based on the Zillow Home Value Index.
Are home values rising in 48763?
Home values in 48763 are up 4.0% over the past year, and up 6.2% a year over five years.
What is the property tax rate in 48763?
The effective property tax rate in 48763 is 0.9% — roughly $1,761 a year on a typical home.
Who lives in 48763?
ZIP code 48763 has a population of 4,883 and a median household income of $59,677.

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Pit ZIP 48763 against any other ZIP — full side-by-side table.

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