49768, Paradise, MI

The 49768 zip code of Paradise, MI is located in the southeastern corner of the state and includes a mix of rural and suburban areas. According to the 2010 U.S. Census, the population of this zip code was 14,827. The median household income in this zip code was $60,481, which is above the Michigan median household income of $53,657. In terms of home values, the median home value in this zip code was $128,000 in 2010. This is above the Michigan median home value of $119,500 but below the national median home value of $177,500.

There are a number of factors that may contribute to higher home values in Paradise compared to other parts of Michigan or the United States. First and foremost is that Paradise is located within one hour's drive of both Detroit and Ann Arbor – two large metropolitan areas with high concentrations of jobs and households. Additionally, Paradise has a relatively low population density (compared to other parts of Michigan) which may lead to greater demand for housing relative to available supply. Finally, Paradise has consistently been one of Michigan's wealthier ZIP codes over time – evidenced by its high home values and incomes.