| ZIP Code | 49862 |
|---|---|
| City | Munising |
| State | Michigan (MI) |
| County | Alger County |
| Area Code | 906 |
| Elevation | 917 ft |
| Latitude | 46.398696 |
|---|---|
| Longitude | -86.727185 |
| Timezone | Detroit (DST) |
| FIPS | 26003 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 47.1 yrs ↑ 11% since 2019 |
|---|---|
| Avg Household Size | 2.10 |
| Below Poverty | 5.9% ▼ 41% below avg |
| College Grads | 30.4% ▼ 21% below avg |
| Unemployment | 6.3% ▲ 29% above avg |
| No HS Diploma | 13 (0.4%) |
| HS Graduate | 1,051 (30.6%) |
| Some College | 758 (22.1%) |
| Associates | 566 (16.5%) |
| Bachelors | 353 (10.3%) |
| Graduate Degree | 691 (20.1%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $59,575 ▼ 22% below avg ↑ 33% since 2019 |
|---|---|
| Median Home Value | $150,900 ▼ 46% below avg ↑ 22% since 2019 |
| Home/Income Ratio | 2.5x (nat avg ~3.5x) |
| Median Rent | $718/mo ↑ 15% since 2019 |
| Total Units | 2,462 |
| Vacant Units | 792 |
| Avg HH Size | 2.10 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 2,462 |
|---|---|
| Vacant | 792 |
| Owner Occupied | 78.9% |
| Renter Occupied | 21.1% |
| Avg HH Size | 2.10 |
ZIP code 49862 is located in Munising, Michigan, within Alger County. With a population of 4,532, this is a lightly populated ZIP code with a mature community — the median age is 47.1 years. Economically, 49862 is a solidly middle-class ZIP code: the median household income of $59,575 is below the national average.
Real estate in ZIP code 49862 represents an affordable housing market. The median home value of $150,900 is below the national average. Renters can expect to pay around $718 per month in median rent. Homeownership is strong here — 78.9% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 22% since 2019.
The population of 49862 is primarily White (74.58%). Residents are moderately educated — 30.4% hold a bachelor's degree or higher, which is below the national average. Poverty affects a relatively small share of residents at 5.9%. Household income has grown by 33% since 2019.
The unemployment rate in 49862 stands at 6.3%, which is above the national average. As in most parts of the country, driving alone is the dominant commute mode at 72%.
Overall, ZIP code 49862 in Munising, MI is characterized as solidly middle-class, moderately educated, a mature community, and predominantly owner-occupied. With 4,532 residents, a median household income of $59,575, and a median home value of $150,900, it offers a clear picture of life in this part of Michigan.