49406, Douglas, MI

Douglas, Michigan is located in the southeastern corner of the state and has a population of just over 10,000 people. The zip code 49406 has a median home value of $128,000 and a median household income of $50,000. There are only about 100 homes in the zip code that are worth more than $200,000.

The majority of homes in Douglas are owned by individuals or families. There is not much commercial development in the area and most businesses are located within 10 miles of Douglas. The economy in Douglas is primarily based on agriculture and manufacturing.

There has been an increase in home equity values over the past few years due to an increase in home prices statewide as well as nationwide. Home prices have increased by about 20% since 2012 which is much faster than inflation rates during that time period (3%). However, there has been a decrease in home values recently due to market saturation and low demand for properties within the 49406 zip code.