HousingHandbookReference data

U.S. ZIP Code · MI49437

Muskegon County · Muskegon-Norton Shores, MI

Typical home value

$273,337[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+5.4%
5-year / yr
+6.1%
10-year / yr
+8.0%

Relative price

vs U.S.
-3.8%
vs metro
-3.5%
vs state
+14.3%
ZIP 49437 location in MI
Location of ZIP 49437 in MI

Price history

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

The typical home in 49437 is worth $273,337 — 3.5% below the Muskegon-Norton Shores, MI median. Over the past year, values have risen 5.4%. The effective property tax rate is 1.3%.

#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
1.3%[3]
Typical annual tax
$3,555[3]

#Climate risk

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

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

#Who lives here

Population
6,895[3]
Median household income
$82,805[3]

#Migration

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

Net migration
+460[5]
Moved in
3,506
Moved out
3,046

Schools

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

Public schools
4
Elementary
2
Middle
1
High
1
  • Montague High School

    High · Grades 9–12 · Montague Area Public Schools

    452 students

  • Oehrli Elementary School

    Elementary · Grades 1–5 · Montague Area Public Schools

    441 students

  • Nellie B Chisholm Middle School

    Middle · Grades 6–8 · Montague Area Public Schools

    321 students

  • Montague Area Childhood Center

    Elementary · Grades PK–K · Montague Area Public Schools

    124 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$1,382
Loan principal$218,669
Down payment$54,667
Total interest paid$278,901

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$1,906
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
42nd percentile[1]
Rental yield
[2]
Property tax
100th percentile[3]

Rankings

Top-10 lists this ZIP code appears on.

Frequently asked

How much is a home worth in ZIP code 49437?
The typical home in 49437 is worth $273,337, based on the Zillow Home Value Index.
Are home values rising in 49437?
Home values in 49437 are up 5.4% over the past year, and up 6.1% a year over five years.
What is the property tax rate in 49437?
The effective property tax rate in 49437 is 1.3% — roughly $3,555 a year on a typical home.
Who lives in 49437?
ZIP code 49437 has a population of 6,895 and a median household income of $82,805.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

  • Twin Lake CDP, MI

    Typical home
    $278,312
    Gross yield
  • MI

    Typical home
    $283,304
    Gross yield
  • Norton Shores, MI

    Typical home
    $254,780
    Gross yield
    5.0%
  • MI

    Typical home
    $253,316
    Gross yield
  • North Muskegon, MI

    Typical home
    $294,681
    Gross yield
  • Ravenna, MI

    Typical home
    $299,298
    Gross yield

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