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
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ZIP 49861 vs. Michigan vs. U.S.
| Metric | ZIP 49861 | MI Avg. | U.S. Avg. |
|---|---|---|---|
| Population | 561 | 10k | 10k |
| Median Household Income | $62k | $68k | $73k |
| Median Home Value | $205k | $190k | $258k |
| Median Rent | $500 | $949 | $1,088 |
| Median Age | 61.6 | 44.7 | 43.2 |
| Unemployment Rate | 9.6% | 5.6% | 5.0% |
| Poverty Rate | 14.3% | 12.5% | 13.3% |
| Bachelor's Degree or Higher | 29.8% | 25.8% | 26.9% |
Demographics Charts
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Education Level (adults 25+)
Nearby ZIP Codes
- 49814 – Champion
- 49946 – Lanse
- 49919 – Covington
- 49879 – Republic
- 49962 – Skanee
- 49970 – Watton
- 49849 – Ishpeming
- 49808 – Big Bay
- 49903 – Amasa
- 49908 – Baraga
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 |