49958, Pelkie, MI

The 49958 zip code of Pelkie, Michigan has a population of approximately 1,000 people. The median household income in this zip code is $50,000, and the median home value is $130,000. In Pelkie, the average home equity loan-to-value ratio is around 80%. This means that the typical homeowner in this zip code has around $80,000 worth of equity in their home.

There are a number of factors that contribute to the high home values in Pelkie. First and foremost is the fact that this area is located within one of Michigan's most prosperous counties. Additionally, Pelkie is located within a desirable suburban area with plenty of amenities and good schools. Finally, there are a limited number of homes available for sale in this zip code which has helped to drive up prices.