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Area data

Munising, MI — ZIP 49862

Population: 4,546 (Census ACS)

The median home value in ZIP 49862 (Munising, MI) is $209,578 — up 5.9% over the past year. 3 schools serve the area (NCES). FEMA's National Risk Index rates the county's overall natural-hazard risk Very Low, with lightning the top-rated hazards. Cost of living is 8.0% below the US average (BEA, metro/state-level).

Backed by 25+ public sourcesFEMA · U.S. Census · NOAA · Dept. of Education · EPA · and more

$209,578

Median home value

+5.9%

1-year change

Very Low

Hazard risk (county)

Home values & appreciation

Median home value
$209,578
1-year appreciation
+5.9%
3-year appreciation
+1.0%
5-year appreciation
+11.7%
10-year appreciation
+49.8%
All-time peak (2026-03)
$212,027
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
36
New listings (monthly)
11

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
3
Elementary schools
1
Middle schools
0
High schools
2
School districts serving the area
Michigan Department of Corrections, Munising Public Schools
Schools include
Alger Maximum Correctional Facility, William G Mather Elementary School, Munising High and Middle School

Source: NCES school directory, 2022-23 (school-address-based)

Natural hazards & flood risk

Overall hazard risk (county)
Very Low
Top hazards (county)
lightning
Notable hazard ratings (county)
coldWave: Relatively Low · hail: Relatively Low · landslide: Relatively Low · lightning: Relatively High
Wildfire risk to homes (county)
Higher than 35% of US counties
Buildings in wildfire direct-exposure zone
79.5%
Radon potential (county)
Moderate radon potential — EPA Zone 2 of 3
EPA Superfund (NPL) sites within 5 mi
None
EPA recommends radon testing for every home regardless of zone.

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
37.1 in
USDA plant hardiness zone
5b (extreme annual low -15 to -10°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
Pictured Rocks National Lakeshore (12 mi)
Airports within 30 mi
4
Nearest airport
Hanley Field (9 mi)
Hospitals nearby (~15 mi)
1
Hospitals include
MUNISING MEMORIAL HOSPITAL
Solar radiation rating
Fair (3.5 kWh/m²/day)

Sources: National Park Service · FAA airport data · CMS hospital data · DOE/NREL (proximity-based)

Migration

Net migration (county)
-3 tax filers

Source: IRS county-to-county migration data (county-level, ~12-month lag)

Housing stock

Median year housing built
1,971
Housing built before 1970
48.2%
Housing built 2000 or later
13.1%
Median annual property tax
$1,800
Mean commute to work
16 min
Households with broadband internet
75.8%

Source: Census ACS 5-year estimates (ZIP-level)

Employment & development

Total county employment
1,773
Average weekly wage
$916
Top industries (by employment)
Accommodation & Food, Construction, Finance & Insurance
Annual residential building permits (county)
33

Sources: BLS QCEW (county-level) · Census Building Permits (county-level)

How it compares

ZIP 49862State medianUS median
Median home value$209,578$246,351$289,727
Median annual property tax$1,800$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 49862?
$209,578.
What is the natural-hazard risk in ZIP 49862?
Overall risk: Very Low (FEMA NRI, county-level). Top hazards: lightning.
What is the wildfire risk in ZIP 49862?
Risk to homes is higher than 35% of US counties (USDA Forest Service Wildfire Risk to Communities, county-level).
What is the radon potential in ZIP 49862?
Moderate radon potential — EPA Zone 2 of 3, county-level. EPA recommends testing every home regardless of zone.
Are there Superfund sites near ZIP 49862?
No current or proposed National Priorities List sites within 5 miles (EPA).
How many schools serve ZIP 49862?
3 schools (1 elementary, 2 high) (NCES, 2022-23).
What is the cost of living in ZIP 49862?
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 →

Data compiled by REAIGENT7 — AI listing platform for real estate agents