49968 ZIP Code – Wakefield, Michigan
49968 is a ZIP code serving Wakefield, Michigan in Gogebic County with a population of approximately 2,124 residents. At $44,083, the median household income here runs below the Michigan average and below the U.S. average. Homes in this ZIP code have a median value of $70,900, well below the national average, with 85.0% owner-occupied housing (decreasing). , with median rent coming in at $594 — well below the national figure. Housing consists of 90% single-family (decreasing).
At 2.4%, the unemployment rate is well below the national figure. The poverty rate of 18.9% is above the U.S. average. About 18.8% of residents have completed a four-year degree, below the national rate. At 47.2, the median age is near the national figure. The surrounding area includes ZIP codes 49959, 49911, 49938.
ZIP Code 49968 Data
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ZIP 49968 vs. Michigan vs. U.S.
| Metric | ZIP 49968 | MI Avg. | U.S. Avg. |
|---|---|---|---|
| Population | 2,124 | 10k | 10k |
| Median Household Income | $44k | $68k | $73k |
| Median Home Value | $70k | $190k | $258k |
| Median Rent | $594 | $949 | $1,088 |
| Median Age | 47.2 | 44.7 | 43.2 |
| Unemployment Rate | 2.4% | 5.6% | 5.0% |
| Poverty Rate | 18.9% | 12.5% | 13.3% |
| Bachelor's Degree or Higher | 18.8% | 25.8% | 26.9% |
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Nearby ZIP Codes
- 49959 – Ramsay
- 49911 – Bessemer
- 49938 – Ironwood
- 49947 – Marenisco
- 54525 – Gile
- 49910 – Bergland
- 49971 – White Pine
- 54534 – Hurley
- 54557 – Presque Isle
- 54550 – Montreal
Nearby ZIP Code Comparison
| ZIP Code | City | Population | Median Income |
|---|---|---|---|
| 49959 | RAMSAY | 347 | $53,529 |
| 49911 | BESSEMER | 2,769 | $51,036 |
| 49938 | IRONWOOD | 7,636 | $43,990 |
| 49947 | MARENISCO | 823 | $45,667 |
| 54525 | GILE | 279 | $56,042 |