49436, Mears, MI

The 49436 zip code of Mears, Michigan is located in the southeastern portion of the state. According to the 2010 census, the population of this zip code was 9,813. The median household income in this zip code was $60,583, which is significantly higher than the statewide median household income of $53,046. In addition, the homeownership rate in this zip code was 73%, which is significantly higher than the statewide homeownership rate of 62%.

One reason that homeownership rates are high in this zip code is likely due to its proximity to Detroit. As a result, many people who live in Mears are likely employed in Detroit or its surrounding suburbs. Additionally, Mears has a strong economy and there are many jobs available here. This makes it easier for people to afford a home and maintain it.

Another factor that contributes to high homeownership rates in Mears is that there are few rental units available here. This means that most people who live in Mears own their homes outright and do not have to worry about rent payments every month. This makes it much easier for them to save money and invest their money into their home instead of renting an apartment or house from someone else.

Overall, it appears that factors such as strong economy and low rental availability contribute largely towards high homeownership rates in Mears. These factors make it more difficult for people who want to buy a home but also make it more affordable for those who already own one or are looking to purchase one soon