49893 ZIP Code – Wallace, Michigan

Located in Wallace, Michigan, ZIP code 49893 is a small ZIP code within Menominee County with a population of approximately 1,361 residents. The median household income of $62,778 is near the Michigan average and near the national average. Homes in this ZIP code have a median value of $169,400, below the national average, with 92.4% owner-occupied housing (decreasing). , with median rent coming in at $656 — below the national figure. Housing consists of 84% single-family (decreasing).

Unemployment stands at 3.5%, which is below the U.S. rate. The poverty rate of 8.3% is below the U.S. average. Bachelor's degree attainment is 19.0%, below the national average. At 57.1, the median age is above the national figure. Nearby ZIP codes include 49858, 49848, 49887.

ZIP Code 49893 Data

Population 1,361
Median Household Income $62,778
Median Home Value $169,400
Median Rent $656
Median Age 57.1
Unemployment Rate 3.5%
Poverty Rate 8.3%
Bachelor's Degree or Higher 19.0%
State Michigan

ZIP 49893 vs. Michigan vs. U.S.

MetricZIP 49893MI Avg.U.S. Avg.
Population1,36110k10k
Median Household Income$62k$68k$73k
Median Home Value$169k$190k$258k
Median Rent$656$949$1,088
Median Age57.144.743.2
Unemployment Rate3.5%5.6%5.0%
Poverty Rate8.3%12.5%13.3%
Bachelor's Degree or Higher19.0%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
49858 MENOMINEE 11,911 $50,871
49848 INGALLS 94 $36,528
49887 STEPHENSON 2,758 $53,929
54159 PORTERFIELD 1,385 $60,714
54177 WAUSAUKEE 2,691 $56,435