Home Affordability in 48601
Saginaw, MI — Saginaw County
The median home price in ZIP code 48601 (Saginaw) is $75,000 with a median household income of $32,000. The price-to-income ratio is 2.3x.
Median Home Price
$75,000
Median Income
$32,000
Price-to-Income
2.3x
Est. Affordable Home
$124,000
Property Tax Rate
1.95%
Annual Property Tax
$1,463
Cost of Living
78
Metro Area
Saginaw MSA
Down Payment Scenarios for ZIP 48601
| Down Payment | Amount | Loan Amount | PMI |
|---|---|---|---|
| 3% | $2,250 | $72,750 | Yes |
| 5% | $3,750 | $71,250 | Yes |
| 10% | $7,500 | $67,500 | Yes |
| 20% | $15,000 | $60,000 | No |
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