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ZIP CODE TABULATION AREA

49862

Michigan · 4,546 residents · 170 sq mi
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ZIP 49862 is a ZIP code of 4,546 people in Alger County. At a median age of 45.3, this is an older place than the country as a whole. 21% of adults hold a bachelor's degree, below the 36% national rate. Owners hold 80% of the housing stock. 1% of people in this ZIP code were born outside the United States. Median home value sits at $169,400. Among the 9 ZIP codes in Alger County, 49862 ranks 4th by median household income.

$61,340
US average: $82,259
$27,531
US average: $44,673
$169,400
US average: $376,019
20.8%
US average: 35.6%
Land area
170 sq mi
Age, sex & households
Under 18
11.7%
Age 65+
23.8%
61.5%
38.5%
2.06 people
Race & ethnicity · 2024
2024
White, non-Hispanic74.6%(3,391)
Black14.6%(664)
Hispanic / Latino1.1%(49)
Asian0.2%(9)
Other9.5%(433)
52
Our index, 0 to 100. Higher means a more even mix of racial and ethnic groups.
Housing
2.8
Years of local income it takes to buy a local home, on a scale of about 0 to 15. Lower is more affordable.
Within Alger County
Income rank vs other ZIPs
LOWEST4TH OF 9HIGHEST
Adjacent ZIPs
49806$85,625
49816$70,750
49822$58,214
49825$77,250
Frequently asked

How many people live in ZIP code 49862?

ZIP code 49862 has about 4,546 residents according to the 2024 American Community Survey.

What is the median household income in ZIP code 49862?

The typical household in ZIP code 49862 earns about $61,340 a year. Half of households make more than that, and half make less.

Is ZIP code 49862 expensive?

In ZIP code 49862, the median home is worth about $169,400, and the typical rent is about $711 a month.

How educated are people in ZIP code 49862?

About 20.8% of adults age 25 and over in ZIP code 49862 hold a bachelor's degree or higher.

What is the poverty rate in ZIP code 49862?

About 9.0% of people in ZIP code 49862 live below the federal poverty line.

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DATA: US CENSUS BUREAU ACS 5-YEAR · ZCTA · UPDATED 2024