Grass Lake (49240) in Michigan Real Estate, Demographics, Mortgage and Jobs

USA	Michigan	Grass Lake Michigan

Grass Lake, MI 49240

Grass Lake (49240) has an estimated 8,703 residents with 8,703 of those people in approximately 3,267 housing units. The 49240 zipcode contains 2,231 housing units that are owned with a mortgage or a loan, 654 housing units that are owned free and clear and 382 housing units that are renter occupied.

In Grass Lake (49240) the median listing price of $259,900 has grown by $17,065 since 2018-10.

In 2018 the average percentage drop was 2.94% of original listing price.

Zip code 49240 is in the Jackson metropolitan area.
The median estimated home value in Grass Lake, MI (49240) is $227,900 as of 2018-10-31

The Zillow Market Health Index for Grass Lake, MI (49240) is 7.24. The corresponding state value is 6.27. This is higher than the overall Market Health Index of Michigan.
Metro value is 3.79.
This is significantly higher than the overall Market Health Index of Jackson.

Demographics of Grass Lake zipcode 49240
The median age here is 41.50. This age is 109.2% the national median age.
The number of male residents is 4,364 with a median age of 41.50 years. The number of female residents is 4,339 with a median age of 41.50 years. This yields a ♂ to ♀ ratio of 1.01
The average household is 2.66 persons and has an income of $85,278.
The average family size in Grass Lake is 3.02.
Area Code: 517
Time zone: Eastern USA
Region: Midwest - East North Central
Has Daylight Saving: Yes
Businesses: 126
Employment: 1,386
Medicare Area: Jackson, MI
County: JACKSON

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