ZIP 49902 Property Distress & Foreclosure Data

Composite property distress in 49902 (Iron County, Michigan) lands at 13/100 — minimal on DLRadar's public-record scoring. The sharpest non-environmental signals are construction/permit lag (47/100), structural risk (28/100), mortgage stress (10/100). On the quiet end sit mortgage stress (10/100) and institutional ownership (5/100). Structural risk reads 28/100 against active distress of 3/100.

The expansion-phase market in 49902 posted values that rose 6.4% over the year, at 37/100 phase confidence. Rising prices can mask pockets of distress, where per-parcel scoring earns its keep.

There are about 148 housing units across 49902. Median household income is $38,879, below the U.S. median near $78,000. Home values center near $34,100, an affordability ratio of 0.9× — accessible. 20.3% of residents fall below the poverty threshold. Vacancy runs 20.3%, above the national norm and a classic distress-and-opportunity signal. DLRadar's demographic-stress index for the area reads 22/100. Population is roughly 222 with a median age of 58. Educational attainment sits at 6% bachelor's-or-above. Owners hold 87% of homes, renters 13%. Rent burden reaches 17% of tenant households.

On the whole, 49902 leans distressed, with opportunity clustered in specific stressed parcels. Every signal above traces to a verifiable public dataset, refreshed continuously and scored the same way in every ZIP nationwide.