ZIP code 49288 is located in Waldron, Michigan, within Hillsdale County. With a population of 1,517, this is a sparsely populated ZIP code with a relatively young community — the median age is 37 years. Economically, 49288 is a solidly middle-class ZIP code: the median household income of $55,903 is below the national average.

Real estate in ZIP code 49288 represents one of the more affordable housing markets in the country. The median home value of $131,800 is well below the national average. Renters can expect to pay around $889 per month in median rent. Homeownership is strong here — 72.7% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 66% since 2019.

The population of 49288 is primarily White (96.37%). Residents are less-educated — 24.6% hold a bachelor's degree or higher, which is below the national average. Poverty affects some residents at 15.8%. Household income has grown by 32% since 2019.

The unemployment rate in 49288 stands at 11.2%, which is more than double the national average. As in most parts of the country, driving alone is the dominant commute mode at 79%.

Overall, ZIP code 49288 in Waldron, MI is characterized as solidly middle-class, less-educated, a relatively young community, and predominantly owner-occupied. With 1,517 residents, a median household income of $55,903, and a median home value of $131,800, it offers a clear picture of life in this part of Michigan.