49969 ZIP Code – Watersmeet, Michigan
49969 is a small ZIP code in Watersmeet, Michigan, part of Gogebic County with a population of approximately 1,039 residents. The median household income of $55,694 is below the Michigan average and below the national average. Homes in this ZIP code have a median value of $260,000, near the national average, with 94.2% owner-occupied housing (increasing). ; median rent of $445 is similarly well below the national average. Housing consists of 97% single-family (increasing).
At 3.2%, the unemployment rate is below the national figure. An estimated 10.9% of the population falls below the poverty line, below the national figure. An estimated 24.4% of adults hold a bachelor's degree or higher, near the national average. The median age is 60.8, above the national median. ZIP codes in the surrounding area include 54540, 54519, 54554.
ZIP Code 49969 Data
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ZIP 49969 vs. Michigan vs. U.S.
| Metric | ZIP 49969 | MI Avg. | U.S. Avg. |
|---|---|---|---|
| Population | 1,039 | 10k | 10k |
| Median Household Income | $55k | $68k | $73k |
| Median Home Value | $260k | $190k | $258k |
| Median Rent | $445 | $949 | $1,088 |
| Median Age | 60.8 | 44.7 | 43.2 |
| Unemployment Rate | 3.2% | 5.6% | 5.0% |
| Poverty Rate | 10.9% | 12.5% | 13.3% |
| Bachelor's Degree or Higher | 24.4% | 25.8% | 26.9% |
Demographics Charts
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Nearby ZIP Codes
- 54540 – Land O Lakes
- 54519 – Conover
- 54554 – Phelps
- 54561 – Star Lake
- 49912 – Bruce Crossing
- 49967 – Trout Creek
- 49947 – Marenisco
- 49925 – Ewen
- 49935 – Iron River
- 54560 – Sayner
Nearby ZIP Code Comparison
| ZIP Code | City | Population | Median Income |
|---|---|---|---|
| 54540 | LAND O LAKES | 915 | $57,656 |
| 54519 | CONOVER | 1,270 | $57,424 |
| 54554 | PHELPS | 1,103 | $54,750 |
| 54561 | STAR LAKE | 31 | $99,375 |
| 49912 | BRUCE CROSSING | 859 | $53,173 |