49622, Central Lake, MI

Central Lake, MI is located in the 49622 zip code. The median home value in this zip code is $128,000. The median home equity value in this zip code is $101,000. Central Lake has a population of approximately 2,500 people.

The average household income in this zip code is $79,000. The average household net worth in this zip code is $142,000. There are approximately 1,600 households in this zip code with an average mortgage debt of $146,000. There are also approximately 1,200 households in this zip code with an average credit score of 740.

There has been a significant increase in home values and home equity values over the past five years in Central Lake. In 2012 the median home value was $105,000 and the median home equity value was $86,000. In 2016 the median home value was $128,000 and the median home equity value was $101,000. This indicates that there has been a 118% increase in homes values and a 116% increase in home equity values over the past five years! This trend appears to be continuing as there has been an 8% increase since last year's data was collected!