48861, Mulliken, MI

The 48861 zip code of Mulliken, MI has a median home value of $128,000. The home equity in this zip code is $39,000. This means that the typical Mulliken resident has $65,000 in equity in their home.

Mulliken is a small town located in the Upper Peninsula of Michigan. It has a population of just over 1,500 people and an unemployment rate of 2%. The average commute to work is just under 20 minutes.

The median household income in Mulliken is just over $41,000. This means that the typical Mulliken resident does not have enough money to buy a house outright. They would need to put down at least 20% on the purchase price and then borrow the rest of the money from a lender.

There are only two homes for sale in Mulliken right now and they are both priced at well over $130,000. This means that it will likely be many years before anyone can afford to buy a house in this zip code.