| ZIP Code | 49304 |
|---|---|
| City | Baldwin |
| State | Michigan (MI) |
| County | Lake County |
| Area Code | 231 |
| Elevation | 896 ft |
| Latitude | 43.907821 |
|---|---|
| Longitude | -85.872637 |
| Timezone | Detroit (DST) |
| FIPS | 26085 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 47.4 yrs ↓ 13% since 2019 |
|---|---|
| Avg Household Size | 2.47 |
| Below Poverty | 22.8% ▲ 128% above avg |
| College Grads | 17.9% ▼ 54% below avg |
| Unemployment | 5.0% ≈ Avg |
| No HS Diploma | 52 (1.8%) |
| HS Graduate | 1,202 (41.2%) |
| Some College | 649 (22.3%) |
| Associates | 490 (16.8%) |
| Bachelors | 167 (5.7%) |
| Graduate Degree | 355 (12.2%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $39,567 ▼ 48% below avg ↑ 28% since 2019 |
|---|---|
| Median Home Value | $110,700 ▼ 60% below avg ↑ 34% since 2019 |
| Home/Income Ratio | 2.8x (nat avg ~3.5x) |
| Median Rent | $854/mo ↑ 53% since 2019 |
| Total Units | 5,773 |
| Vacant Units | 3,993 |
| Avg HH Size | 2.47 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 5,773 |
|---|---|
| Vacant | 3,993 |
| Owner Occupied | 73.1% |
| Renter Occupied | 26.9% |
| Avg HH Size | 2.47 |
ZIP code 49304 is located in Baldwin, Michigan, within Lake County. With a population of 4,680, this is a lightly populated ZIP code with a mature community — the median age is 47.4 years. Economically, 49304 is a lower-income ZIP code: the median household income of $39,567 is below the national average.
Real estate in ZIP code 49304 represents one of the more affordable housing markets in the country. The median home value of $110,700 is well below the national average. Renters can expect to pay around $854 per month in median rent. Homeownership is strong here — 73.1% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 34% since 2019.
The population of 49304 is majority White (68.38%). Residents are less-educated — 17.9% hold a bachelor's degree or higher, which is well below the national average. Poverty affects a significant share of residents at 22.8%. Household income has grown by 28% since 2019.
The unemployment rate in 49304 stands at 5.0%, which is near the national average. As in most parts of the country, driving alone is the dominant commute mode at 78%.
Overall, ZIP code 49304 in Baldwin, MI is characterized as lower-income, less-educated, a mature community, and predominantly owner-occupied. With 4,680 residents, a median household income of $39,567, and a median home value of $110,700, it offers a clear picture of life in this part of Michigan.