49816 ZIP Code – Chatham, Michigan
49816 is a small ZIP code in Chatham, Michigan, part of Alger County with a population of approximately 768 residents. The median household income is $67,303 — near the Michigan average and near the national average. The median home value of $171,500 is below the national average, with 96.8% owner-occupied housing (increasing). , with median rent coming in at $656 — below the national figure. Housing consists of 91% single-family (decreasing).
Unemployment stands at 1.0%, which is well below the U.S. rate. An estimated 6.4% of the population falls below the poverty line, well below the national figure. An estimated 20.7% of adults hold a bachelor's degree or higher, below the national average. The median age is 54.7, above the national median. Neighboring ZIP codes include 49891, 49825, 49826.
ZIP Code 49816 Data
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ZIP 49816 vs. Michigan vs. U.S.
| Metric | ZIP 49816 | MI Avg. | U.S. Avg. |
|---|---|---|---|
| Population | 768 | 10k | 10k |
| Median Household Income | $67k | $68k | $73k |
| Median Home Value | $171k | $190k | $258k |
| Median Rent | $656 | $949 | $1,088 |
| Median Age | 54.7 | 44.7 | 43.2 |
| Unemployment Rate | 1.0% | 5.6% | 5.0% |
| Poverty Rate | 6.4% | 12.5% | 13.3% |
| Bachelor's Degree or Higher | 20.7% | 25.8% | 26.9% |
Demographics Charts
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Education Level (adults 25+)
Nearby ZIP Codes
- 49891 – Trenary
- 49825 – Eben Junction
- 49826 – Rumely
- 49806 – Au Train
- 49862 – Munising
- 49895 – Wetmore
- 49822 – Deerton
- 49885 – Skandia
- 49833 – Little Lake
- 49880 – Rock
Nearby ZIP Code Comparison
| ZIP Code | City | Population | Median Income |
|---|---|---|---|
| 49891 | TRENARY | 619 | $56,250 |
| 49825 | EBEN JUNCTION | 278 | $58,875 |
| 49826 | RUMELY | 256 | $56,133 |
| 49806 | AU TRAIN | 621 | $76,875 |
| 49862 | MUNISING | 4,524 | $54,940 |