ZIP Code 49862

ZIP Code Tabulation Area in Alger County, Michigan.

Population: 4,532
Median household income: $59,575
Median home value: $150,900

ZIP Code 49862 is a ZIP Code Tabulation Area in Alger County, Michigan, home to about 4,532 residents. The median household income of $59,575 is in line with the Alger County median ($59,406).

From 2019 to 2023, ZIP Code 49862's population declined 12.2% from 5,163 to 4,532, while its median gross rent rose 14.9% from $625 to $718.

Households average 2.10 people. The median gross rent is $718.

Demographics

ACS 2019–2023

Population: 4,532
Median age: 47.1 yrs
Median household income: $59,575
Median home value: $150,900
Median gross rent: $718
Housing units: 2,462
Homeownership rate: 78.9%
Bachelor's degree or higher: 19.8%
Unemployment rate: 6.3%

Trends

ACS 5-year · 2019–2023

Population

5,1634,532

Median household income

$44,708$59,575

Median home value

$123,800$150,900

Median gross rent

$625$718

Year	Population	Median household income	Median home value	Median gross rent
2019	5,163	$44,708	$123,800	$625
2020	4,765	$43,571	$128,700	$617
2021	4,668	$48,209	$127,900	$638
2022	4,524	$54,940	$141,600	$699
2023	4,532	$59,575	$150,900	$718

Each year is a US Census Bureau ACS 5-year estimate ending that year.

Age distribution

Under 52.5%

5 to 179.6%

18 to 248.4%

25 to 3414.3%

35 to 4412.4%

45 to 5412.4%

55 to 6416.3%

65 to 7415.2%

75 and over8.9%

	Count	Share
Under 5	112	2.5%
5 to 17	433	9.6%
18 to 24	382	8.4%
25 to 34	648	14.3%
35 to 44	561	12.4%
45 to 54	564	12.4%
55 to 64	738	16.3%
65 to 74	690	15.2%
75 and over	404	8.9%

Race & ethnicity

	Count	Share
White (non-Hispanic)	3,380	74.6%
Black or African American	672	14.8%
American Indian & Alaska Native	147	3.2%
Asian	9	0.2%
Native Hawaiian & Pacific Islander	0	0.0%
Some other race	16	0.4%
Two or more races	259	5.7%
Hispanic or Latino (any race)	49	1.1%

Educational attainment (age 25+)

No high school diploma7.0%

High school graduate40.4%

Some college or associate's32.9%

Bachelor's degree14.2%

Graduate or professional degree5.6%

	Count	Share
No high school diploma	251	7.0%
High school graduate	1,455	40.4%
Some college or associate's	1,185	32.9%
Bachelor's degree	512	14.2%
Graduate or professional degree	202	5.6%

Commute to work

Mean travel time to work: 22 min

Drove alone71.6%

Carpooled9.2%

Public transit0.8%

Walked7.2%

Bicycle0.3%

Worked from home6.7%

Other means4.2%

How workers get to work

	Count	Share
Drove alone	1,011	71.6%
Carpooled	130	9.2%
Public transit	12	0.8%
Walked	102	7.2%
Bicycle	4	0.3%
Worked from home	94	6.7%
Other means	59	4.2%

Travel time

	Count	Share
Under 15 min	814	61.8%
15 to 29 min	247	18.7%
30 to 44 min	48	3.6%
45 to 59 min	76	5.8%
60+ min	133	10.1%

Households

Average household size: 2.10
Poverty rate: 7.6% (267 of 3,522)

	Count	Share
Family households	1,026	61.4%
Nonfamily households	644	38.6%

Housing

Median year structure built: 1969

Occupancy

	Count	Share
Occupied	1,670	67.8%
Vacant	792	32.2%

Tenure (of occupied units)

	Count	Share
Owner-occupied	1,318	78.9%
Renter-occupied	352	21.1%

1-unit, detached78.5%

1-unit, attached2.0%

2 to 4 units7.7%

5 to 19 units3.7%

20 or more units4.7%

Mobile home & other3.4%

Units in structure

	Count	Share
1-unit, detached	1,932	78.5%
1-unit, attached	50	2.0%
2 to 4 units	190	7.7%
5 to 19 units	91	3.7%
20 or more units	115	4.7%
Mobile home & other	84	3.4%

ZIP Code 49862

Demographics

Trends

Age distribution

Race & ethnicity

Educational attainment (age 25+)

Commute to work

Households

Housing

Geography

Counties this ZIP covers

Compare with nearby ZIP codes

National ZIP rankings

Nearby ZIP codes