HousingHandbookReference data

U.S. ZIP Code · MI49820

Mackinac County

Typical home value

$210,501[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+15.9%
5-year / yr
10-year / yr

Relative price

vs U.S.
-25.9%
vs metro
vs state
-12.0%
ZIP 49820 location in MI
Location of ZIP 49820 in MI

Price history

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

The typical home in 49820 is worth $210,501. Over the past year, values have risen 15.9%. 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
$2,073[3]

#Climate risk

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

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

#Who lives here

Population
191[3]
Median household income
[3]

#Migration

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

Net migration
-10[5]
Moved in
384
Moved out
394

Schools

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

Public schools
1
Elementary
1
Middle
0
High
0
  • Three Lakes Academy

    Elementary · Grades PK–6 · Three Lakes Academy

    100 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$1,064
Loan principal$168,401
Down payment$42,100
Total interest paid$214,786

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$1,412
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 49820?
The typical home in 49820 is worth $210,501, based on the Zillow Home Value Index.
Are home values rising in 49820?
Home values in 49820 are up 15.9% over the past year.
What is the property tax rate in 49820?
The effective property tax rate in 49820 is 1.0% — roughly $2,073 a year on a typical home.

Compare ZIPs

Pit ZIP 49820 against any other ZIP — full side-by-side table.

Compare 49820

#Jump to section