Area data
Charlevoix, MI — ZIP 49720
Population: 9,017 (Census ACS)
The median home value in ZIP 49720 (Charlevoix, MI) is $453,841 — up 4.2% over the past year. 4 schools serve the area (NCES). FEMA's National Risk Index rates the county's overall natural-hazard risk Very Low, with coldwave the top-rated hazards. Cost of living is 8.0% below the US average (BEA, metro/state-level).
$453,841
Median home value
+4.2%
1-year change
Very Low
Hazard risk (county)
Home values & appreciation
- Median home value
- $453,841
- 1-year appreciation
- +4.2%
- 3-year appreciation
- +10.9%
- 5-year appreciation
- +30.5%
- 10-year appreciation
- +115.8%
- All-time peak (2026-04)
- $458,881
- House Price Index (state)
- 387.5 (+5.5% YoY)
Sources: home value index (ZIP-level) · FHFA House Price Index (state-level)
Market activity
- For-sale inventory
- 124
- New listings (monthly)
- 41
Source: recent area sales and market data (ZIP-level)
Affordability
- Cost of living index (Below Average)
- 92.0 (100 = US avg)
- Electricity rate (state-level)
- 20.0¢/kWh
- Natural gas rate (state-level)
- $10.90/MCF
- 30-year mortgage rate (national)
- 6.66%
- 15-year mortgage rate (national)
- 6.00%
Sources: BEA Regional Price Parities (metro/state-level) · EIA energy rates (state-level) · Freddie Mac PMMS (national)
Schools
- Total schools
- 4
- Elementary schools
- 1
- Middle schools
- 0
- High schools
- 1
- Charter schools
- 1
- School districts serving the area
- Charlevoix Academy, Charlevoix Public Schools, Charlevoix-Emmet ISD
- Schools include
- Charlevoix Academy, Charlevoix Middle High School, Charlevoix Elementary School, CharEm Special Education Schools
Source: NCES school directory, 2022-23 (school-address-based)
Natural hazards & flood risk
- Overall hazard risk (county)
- Very Low
- Top hazards (county)
- coldWave
- Notable hazard ratings (county)
- coldWave: Relatively Moderate · landslide: Relatively Low · lightning: Relatively Low · strongWind: Relatively Low
- Wildfire risk to homes (county)
- Higher than 13% of US counties
- Buildings in wildfire direct-exposure zone
- 71.6%
- Radon potential (county)
- Moderate radon potential — EPA Zone 2 of 3
- EPA Superfund (NPL) sites within 5 mi
- None
- Nearest Superfund site
- Petoskey Municipal Well Field (15 mi)
Sources: FEMA National Risk Index (county-level) · FEMA flood data (ZIP-level) · USDA Forest Service Wildfire Risk to Communities (county-level) · EPA radon zones + Superfund NPL
Climate (30-year normals)
- Annual precipitation
- 35.2 in
- USDA plant hardiness zone
- 6a (extreme annual low -10 to -5°F)
Sources: NOAA Climate Normals (30-year, nearest-station) · USDA Plant Hardiness Zone Map (2023)
Amenities
- National parks within ~60 mi
- 1
- Nearest national park
- Sleeping Bear Dunes National Lakeshore (45 mi)
- Airports within 30 mi
- 15
- Nearest airport
- Dvoracek Field (2 mi)
- Nearest major airport
- Pellston Regional Airport of Emmet County Airport (PLN) (30 mi)
- Hospitals nearby (~15 mi)
- 1
- Hospitals include
- CHARLEVOIX AREA HOSPITAL
- Solar radiation rating
- Fair (3.6 kWh/m²/day)
Sources: National Park Service · FAA airport data · CMS hospital data · DOE/NREL (proximity-based)
Migration
- Net migration (county)
- +48 tax filers
Source: IRS county-to-county migration data (county-level, ~12-month lag)
Housing stock
- Median year housing built
- 1,980
- Housing built before 1970
- 33.3%
- Housing built 2000 or later
- 16.2%
- Median annual property tax
- $2,706
- Mean commute to work
- 16 min
- Households with broadband internet
- 74.9%
Source: Census ACS 5-year estimates (ZIP-level)
Employment & development
- Total county employment
- 9,141
- Average weekly wage
- $1,086
- Top industries (by employment)
- Accommodation & Food, Construction, Administrative Services
- Annual residential building permits (county)
- 113
Sources: BLS QCEW (county-level) · Census Building Permits (county-level)
How it compares
| ZIP 49720 | State median | US median | |
|---|---|---|---|
| Median home value | $453,841 | $246,351 | $289,727 |
| Median annual property tax | $2,706 | $2,175 | $2,006 |
State and US medians are computed across all US ZIP codes with sufficient public-data coverage, from the same sources as the figures above.
Area data compiled from public government, academic, and industry research feeds. Data sources →
Common questions
- What is the median home value in ZIP 49720?
- $453,841.
- What is the natural-hazard risk in ZIP 49720?
- Overall risk: Very Low (FEMA NRI, county-level). Top hazards: coldWave.
- What is the wildfire risk in ZIP 49720?
- Risk to homes is higher than 13% of US counties (USDA Forest Service Wildfire Risk to Communities, county-level).
- What is the radon potential in ZIP 49720?
- Moderate radon potential — EPA Zone 2 of 3, county-level. EPA recommends testing every home regardless of zone.
- Are there Superfund sites near ZIP 49720?
- No current or proposed National Priorities List sites within 5 miles (EPA).
- How many schools serve ZIP 49720?
- 4 schools (1 elementary, 1 high) (NCES, 2022-23).
- What is the cost of living in ZIP 49720?
- Regional Price Parity: 92.0 (100 = US average) (Below Average) (BEA RPP, metro/state-level).
Nearby ZIP codes
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Data last updated
Most recent source refresh: Sep 2026. See all data sources →