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ZIP Code 48740

Alcona, Michigan

FIPS 48740

Juniper

ZIP Code 48740 is in the top 10% nationally for HPI growth 5yr %. It also sits in the top 16% nationally for appreciation 1yr %. And it sits in the top 24% nationally for FEMA risk score.

Median Home Value

$155,800

Lower than 66% of U.S. ZIP codes

HPI Growth 5yr %

64%

Higher than 90% of U.S. ZIP codes

FEMA Risk Score

41.2

Lower than 76% of U.S. ZIP codes

The basics

Total Population

2,505

Median Age

58.1

Home values & property tax

Ranked against U.S. ZIP codes.

Median Home Value

$155,800

Lower than 66%

Median Property Tax

$1,294

Effective Tax Rate

1%

Cost of living & affordability

Ranked against U.S. ZIP codes.

Price-to-Income Ratio

2.86

Near median

Median Rent

$779

Lower than 62%

Home prices & appreciation

Ranked against U.S. ZIP codes.

HPI Growth 5yr %

64%

Higher than 90%

Appreciation 1yr %

5.1%

Higher than 84%

Pandemic Gain %

31%

Recession Drop %

-25%

Climate & weather

Ranked against U.S. ZIP codes.

Summer Avg High (°F)

71.5

Winter Avg Low (°F)

15.7

Avg Temperature (°F)

42.8

Hot Days/yr (>90°F)

3

Freezing Days/yr (<32°F)

150.2

Annual Precipitation (in)

29.1

Annual Snowfall (in)

52.4

Flood & disaster risk

Ranked against U.S. ZIP codes.

FEMA Risk Score

41.2

Lower than 76%

EAL Flood/Coastal per $1K

0

The full report

Six pillars — each with percentile benchmarks, 16-year trends, and per-metric detail.

  • People

  • Work & Money

  • Housing

  • Amenities

  • Environment & Risk

ZIP Code 48740: frequently asked questions

What is the median home value in ZIP Code 48740?
The median home value in ZIP Code 48740 is $155,800, lower than 66% of U.S. ZIP codes.
How much is property tax in ZIP Code 48740?
The median annual property tax in ZIP Code 48740 is $1,294, an effective rate of 1% of home value.
Is ZIP Code 48740 expensive to live in?
Homes in ZIP Code 48740 cost about 2.86× the median household income, near the U.S. ZIP codes median.
What is the average rent in ZIP Code 48740?
The median gross rent in ZIP Code 48740 is $779 a month, lower than 62% of U.S. ZIP codes.
How much have home prices grown in ZIP Code 48740?
Home prices in ZIP Code 48740 have moved 64% over the past five years (5.1% in the past year), per the FHFA House Price Index.
What is the weather like in ZIP Code 48740?
ZIP Code 48740 averages 42.8°F year-round, summer highs near 71.5°F, winter lows around 15.7°F (NOAA 1991–2020 normals). It sees about 52.4 inches of snow a year.
Is ZIP Code 48740 at risk of flooding or natural disasters?
ZIP Code 48740's FEMA National Risk Index score is 41.2 (lower than 76% of U.S. ZIP codes). Its greatest modeled natural hazard is tornado. Modeled coastal-flood loss is negligible.

Sources: U.S. Census ACS, FEMA National Risk Index, FHFA House Price Index, OpenStreetMap, EPA. Explore the map →