49125, Sawyer, MI

The zip code 49125 in Sawyer, Michigan has a population of about 9,000 people. The median household income is around $50,000 and the median home value is around $150,000. The home equity in this zip code is around $130,000. This means that the majority of people in this zip code have a significant amount of equity in their homes.

One reason why the home equity in this zip code is high is because there are a lot of homeowners here. About two-thirds of the residents here own their homes outright, which means that they don't have to worry about mortgages or other debt obligations. This makes it easier for homeowners to build up equity in their homes over time.

Another reason why the home equity in this zip code is high is because there are a lot of buyers here too. About three-quarters of the residents here are looking to buy a home rather than rent one. This means that there are plenty of opportunities for people to get into homeownership and build up their equity over time.

Overall, it's clear that the home equity in this zip code is high and stable. This makes it an attractive place to live and invest money, especially given the low interest rates currently available on mortgages