Home Affordability in 49001
Kalamazoo, MI — Kalamazoo County
The median home price in ZIP code 49001 (Kalamazoo) is $175,000 with a median household income of $42,000. The price-to-income ratio is 4.2x.
Median Home Price
$175,000
Median Income
$42,000
Price-to-Income
4.2x
Est. Affordable Home
$163,000
Property Tax Rate
1.60%
Annual Property Tax
$2,800
Cost of Living
85
Metro Area
Kalamazoo MSA
Down Payment Scenarios for ZIP 49001
| Down Payment | Amount | Loan Amount | PMI |
|---|---|---|---|
| 3% | $5,250 | $169,750 | Yes |
| 5% | $8,750 | $166,250 | Yes |
| 10% | $17,500 | $157,500 | Yes |
| 20% | $35,000 | $140,000 | No |
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