ZIP 49642 Property Distress & Foreclosure Data

Lake County, Michigan's ZIP 49642 registers 8/100 composite distress, which DLRadar reads as minimal. The latent-versus-live split is 19/100 structural and 4/100 already moving. The most distinctive pressure shows up in construction/permit lag (50/100), structural risk (19/100), mortgage stress (13/100). mortgage stress (13/100) and institutional ownership (3/100) stay muted.

Prices here sit in a expansion phase: values rose 6.4% over the trailing year (phase confidence 37/100). Even climbing markets leave specific parcels in distress; the scoring isolates them.

About 15% have a four-year degree. The vacancy rate is 63.3% — elevated. Roughly 41.6% live below the poverty line, elevated and often tied to deferred-maintenance inventory. 1,062 residents call 49642 home, typically aged 46. Households earn a median $26,471 — below the roughly $78,000 national figure. On demographic stress specifically, 49642 scores 47/100. The ZIP holds roughly 1,086 housing units. The tenure split is 73% owner-occupied to 27% rented. Around 54% of renters are cost-burdened. A median home runs $116,100 here, or 4.1 times local income.

Taken together, 49642 profiles as an active-distress market where motivated-seller and below-market acquisitions concentrate. Every signal above traces to a verifiable public dataset, refreshed continuously and scored the same way in every ZIP nationwide.