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Mackinac Island 49757

ZIP codeThe kind of area this report covers. Neighborhood areas nest inside each other, from broad districts down to small pockets.Michigan
$674K
Median valueThe middle estimated value of all homes here, not just the ones that recently sold.

Housing Stock

HomesHow many homes we have records for in this area.561
Median value (AVM)The middle estimated value of all homes here, not just the ones that recently sold.$674K
Single familyThe share of homes here that are single-family houses.56%
CondosThe share of homes here that are condos.44%

Equity & Ownership

Equity rich (LTV ≤ 50%)The share of owners who owe half or less of what their home is worth, meaning they hold a lot of equity.83%
Underwater (LTV ≥ 125%)The share of owners who owe at least 25% more than their home is worth.1.9%
Owner occupiedThe share of homes lived in by their owner rather than rented out or left empty.2.1%
Company ownedThe share of homes owned by a company or trust instead of a person.48%
Median loan-to-valueThe middle share of home value still owed on loans across all owners here.23%
Typical ownership tenureHow long the typical owner here has held their home.126.6 yrs

CommunityThese are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.154
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.81
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.10

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.31%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.28%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.16%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.3.3%
PopulationHow many people live in this area.587
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.30 / mi²
Median household incomeThe middle household income here — half of households earn more, half earn less.$81K
Average household incomeThe average household income. It runs higher than the median when a few high earners pull it up.$116K
Average tempThe average temperature here across a full year.43°F
Annual precipHow much rain and melted snow falls here in a typical year.28 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.47%

How Mackinac Island 49757 compares

By median home value, Mackinac Island 49757 is the 1st most expensive of 11 ZIP codes in Mackinac County, and its typical home is worth more than 95% of all homes in Mackinac County.

Home values in Mackinac Island 49757

Share of homes at each estimated value.

Median
$329K$1.8M
ZIP codes in Mackinac County ranked by median home value
#Mackinac CountyMedian valueHomes
1Mackinac Island 49757$674K561
2Cedarville 49719$398K1,661
3Hessel 49745$274K962
4Curtis 49820$272K620
5Gould City 49838$269K568
6Germfask 49836$230K759
7Pointe Aux Pins 49775$229K1,090
8Saint Ignace 49781$196K2,054
9Naubinway 49762$179K973
10Moran 49760$179K781
11Engadine 49827$176K707

About the Mackinac Island 49757 market

How many homes are there in Mackinac Island 49757, MI?

Mackinac Island 49757, MI contains 561 residential properties. The median TopHap Estimate is $674K.

How does Mackinac Island 49757, MI compare to the rest of Mackinac County?

By median home value, Mackinac Island 49757, MI is the 1st most expensive of 11 ZIP codes in Mackinac County. Its typical home is worth more than 95% of all homes in Mackinac County. Cedarville 49719 just below. The ranking is rebuilt nightly from the county assessor record of every home in each area.

Do people own or rent in Mackinac Island 49757, MI?

2% of homes in Mackinac Island 49757, MI are owner-occupied. 48% are held by a company rather than an individual.

How much equity do owners in Mackinac Island 49757, MI hold?

83% of mortgaged homes in Mackinac Island 49757, MI are equity-rich, meaning the loan balance is under half the home's value. 1.9% owe more than the home is worth.

Nearby markets

Browse addresses

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Explore Mackinac Island 49757 on the map

See every recorded sale, price heat map, school zone and flood overlay across Mackinac Island 49757 in TopHap’s interactive 3D map.

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A flyover of TopHap's photorealistic 3D map, with recorded sale prices pinned to homes
Search any address, city, zip, or county…3D$1.9M$6.25MOpen in map