Zip Code:

49929, Greenland, MI

49929 is a Michigan Zip code within the city of Greenland and the county of Ontonagon. Its population is roughly 230.

The Real Estate Market in the 49929 Zip Code of Greenland, MI

Greenland is a small town located in the 49929 zip code of Michigan. The median home value in this zip code is $101,000, which is lower than the statewide median home value of $177,500. The percentage of homes that are owner-occupied is lower than the statewide percentage of owner-occupied homes at 66%. The percentage of homes that are rented is also lower than the statewide percentage of rented homes at 31%.

The average commute to work for residents in Greenland is 26 minutes. The unemployment rate in Greenland is 2%, which is lower than the statewide unemployment rate of 3%. There are more jobs available in Greenland than there are residents who want them. The average wage in Greenland is $35,000, which is lower than the statewide average wage of $41,500.

The majority (83%)of households in Greenland have a mortgage or loan on their home. This compares to the statewide percentage of households with a mortgage or loan at 73%. Approximately one third (33%)of households in Greenland own their home outright, which compares to the statewide percentage of homeowners who own their home outright at 29%. Approximately one fourth (24%)of households in Greenland rent their home from someone else, which compares to the statewide percentage of renters who rent their home from someone else at 30%.

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