HousingHandbookReference data

U.S. ZIP Code · MI49440

Muskegon County · Muskegon-Norton Shores, MI

Typical home value

$338,052[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
-1.4%
5-year / yr
+3.6%
10-year / yr
+9.2%

Relative price

vs U.S.
+19.0%
vs metro
+19.3%
vs state
+41.4%
ZIP 49440 location in MI
Location of ZIP 49440 in MI

Price history

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

The typical home in 49440 is worth $338,052 — 19.3% above the Muskegon-Norton Shores, MI median. Over the past year, values have fallen 1.4%. The effective property tax rate is 1.0%.

#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
1.0%[3]
Typical annual tax
$3,467[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
1,492[3]
Median household income
$46,808[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

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$1,709
Loan principal$270,441
Down payment$67,610
Total interest paid$344,933

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$2,281
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
0th percentile[1]
Rental yield
[2]
Property tax
42nd percentile[3]

Rankings

Top-10 lists this ZIP code appears on.

Frequently asked

How much is a home worth in ZIP code 49440?
The typical home in 49440 is worth $338,052, based on the Zillow Home Value Index.
Are home values rising in 49440?
Home values in 49440 are down 1.4% over the past year, and up 3.6% a year over five years.
What is the property tax rate in 49440?
The effective property tax rate in 49440 is 1.0% — roughly $3,467 a year on a typical home.
Who lives in 49440?
ZIP code 49440 has a population of 1,492 and a median household income of $46,808.

#Comparable ZIPs

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

  • Fruitport, MI

    Typical home
    $331,258
    Gross yield
  • Whitehall, MI

    Typical home
    $328,531
    Gross yield
  • Casnovia, MI

    Typical home
    $311,091
    Gross yield
  • Ravenna, MI

    Typical home
    $299,298
    Gross yield
  • North Muskegon, MI

    Typical home
    $294,681
    Gross yield
  • MI

    Typical home
    $283,304
    Gross yield

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