49320, Chippewa Lake, MI

The Chippewa Lake zip code 49320 has a population of just over 2,000 people and an average household income of just over $60,000. This means that the home equity and home prices in this zip code are among the highest in Michigan.

According to Zillow, the median home value in this zip code is $269,900. This makes it one of the most expensive zip codes in Michigan, and it ranks fourth out of all 49320 zip codes in terms of median home value. The top three most expensive zip codes in Michigan are all located in Oakland County: Bloomfield Hills ($374,500), Novi ($361,200), and Royal Oak ($339,700).

However, despite its high price tag, the Chippewa Lake zip code still has a lot of room for growth. The current median home value is only about 50% higher than what it was five years ago. And according to Zillow’s recent analysis of ZIP Code data across the U.S., ZIP Codes with a population between 25,000 and 99,999 have seen the fastest growth rates over the past year – meaning that there’s plenty of potential for even more appreciation in this area over time.