HousingHandbookReference data

U.S. ZIP Code · MI49715

Chippewa County

Typical home value

$229,855[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+10.7%
5-year / yr
+7.7%
10-year / yr
+7.4%

Relative price

vs U.S.
-19.1%
vs metro
vs state
-3.9%
ZIP 49715 location in MI
Location of ZIP 49715 in MI

Price history

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

The typical home in 49715 is worth $229,855. Over the past year, values have risen 10.7%. The effective property tax rate is 0.8%.

#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
0.8%[3]
Typical annual tax
$1,854[3]

#Climate risk

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

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

#Who lives here

Population
3,116[3]
Median household income
$63,494[3]

#Migration

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

Net migration
+11[5]
Moved in
715
Moved out
704

Schools

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

Public schools
2
Elementary
0
Middle
0
High
0
  • Brimley Area School

    Other · Grades PK–12 · Brimley Area Schools

    451 students

  • Ojibwe Charter School

    Other · Grades K–12 · Ojibwe Charter School

    137 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$1,162
Loan principal$183,884
Down payment$45,971
Total interest paid$234,534

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$1,509
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 49715?
The typical home in 49715 is worth $229,855, based on the Zillow Home Value Index.
Are home values rising in 49715?
Home values in 49715 are up 10.7% over the past year, and up 7.7% a year over five years.
What is the property tax rate in 49715?
The effective property tax rate in 49715 is 0.8% — roughly $1,854 a year on a typical home.
Who lives in 49715?
ZIP code 49715 has a population of 3,116 and a median household income of $63,494.

Compare ZIPs

Pit ZIP 49715 against any other ZIP — full side-by-side table.

Compare 49715

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