49092, Tekonsha, MI

The 49092 zip code of Tekonsha, Michigan is located in the Upper Peninsula of the state and has a population of just over 2,000 people. The median household income in this zip code is just under $50,000 and the median home value is just over $130,000. This means that home equity in this area is quite high relative to the rest of the state.

One reason that home equity is high in this area is that there are a lot of wealthy people living here. The median household income in this zip code is well above the statewide median and there are also a lot of affluent families. This means that there are a lot of people who can afford to buy homes and invest their money in them, which helps to drive up home values.

Another reason why home values are high in this area is that there are not many major cities nearby. Most residents here live relatively close to each other which makes it easier for them to buy and sell homes. This also helps to keep prices high because there isn't much competition for homes.