49861 ZIP Code – Michigamme, Michigan

ZIP code 49861 is a small ZIP code located in Michigamme, Michigan, within Baraga County with a population of approximately 561 residents. The median household income is $62,083 — near the Michigan average and below the national average. At $205,000, median home values run below the national average, with 97.7% owner-occupied housing (increasing). ; median rent of $500 is similarly well below the national average. Housing consists of 96% single-family (increasing).

At 9.6%, the unemployment rate is well above the national figure. About 14.3% of residents live below the poverty line, near the national rate. An estimated 29.8% of adults hold a bachelor's degree or higher, near the national average. Residents have a median age of 61.6, above the U.S. median. The surrounding area includes ZIP codes 49814, 49946, 49919.

ZIP Code 49861 Data

Population 561
Median Household Income $62,083
Median Home Value $205,000
Median Rent $500
Median Age 61.6
Unemployment Rate 9.6%
Poverty Rate 14.3%
Bachelor's Degree or Higher 29.8%
County Baraga County
State Michigan

ZIP 49861 vs. Michigan vs. U.S.

MetricZIP 49861MI Avg.U.S. Avg.
Population56110k10k
Median Household Income$62k$68k$73k
Median Home Value$205k$190k$258k
Median Rent$500$949$1,088
Median Age61.644.743.2
Unemployment Rate9.6%5.6%5.0%
Poverty Rate14.3%12.5%13.3%
Bachelor's Degree or Higher29.8%25.8%26.9%

Demographics Charts

Race & Ethnicity

Gender

Education Level (adults 25+)

Nearby ZIP Codes

Nearby ZIP Code Comparison

ZIP Code City Population Median Income
49814 CHAMPION 1,198 $73,710
49946 LANSE 3,868 $54,083
49919 COVINGTON 101 $45,341
49879 REPUBLIC 1,093 $51,875
49962 SKANEE 219 $51,563