| ZIP Code | 49922 |
|---|---|
| City | Dollar Bay |
| State | Michigan (MI) |
| County | Houghton County |
| Area Code | 906 |
| Elevation | 754 ft |
| Latitude | 47.124404 |
|---|---|
| Longitude | -88.489531 |
| Timezone | Detroit (DST) |
| FIPS | 26061 |
| ZIP Type | PO Box |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 31.3 yrs ↓ 16% since 2019 |
|---|---|
| Avg Household Size | 2.89 |
| Below Poverty | 17.3% ▲ 73% above avg |
| College Grads | 32.3% ▼ 17% below avg |
| Unemployment | 3.9% ▼ 21% below avg |
| HS Graduate | 175 (39.2%) |
| Some College | 50 (11.2%) |
| Associates | 77 (17.3%) |
| Bachelors | 37 (8.3%) |
| Graduate Degree | 107 (24%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $55,300 ▼ 28% below avg ↑ 33% since 2019 |
|---|---|
| Median Home Value | $120,600 ▼ 57% below avg ↑ 7% since 2019 |
| Home/Income Ratio | 2.2x (nat avg ~3.5x) |
| Median Rent | $800/mo |
| Total Units | 369 |
| Vacant Units | 79 |
| Avg HH Size | 2.89 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 369 |
|---|---|
| Vacant | 79 |
| Owner Occupied | 84.1% |
| Renter Occupied | 15.9% |
| Avg HH Size | 2.89 |
ZIP code 49922 is located in Dollar Bay, Michigan, within Houghton County. With a population of 837, this is a sparsely populated ZIP code with a relatively young community — the median age is 31.3 years. Economically, 49922 is a solidly middle-class ZIP code: the median household income of $55,300 is below the national average.
Real estate in ZIP code 49922 represents one of the more affordable housing markets in the country. The median home value of $120,600 is well below the national average. Renters can expect to pay around $800 per month in median rent. Homeownership is strong here — 84.1% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 7% since 2019.
The population of 49922 is primarily White (95.70%). Residents are moderately educated — 32.3% hold a bachelor's degree or higher, which is below the national average. Poverty affects some residents at 17.3%. Household income has grown by 33% since 2019.
The unemployment rate in 49922 stands at 3.9%, which is below the national average. As in most parts of the country, driving alone is the dominant commute mode at 82%.
Overall, ZIP code 49922 in Dollar Bay, MI is characterized as solidly middle-class, moderately educated, a relatively young community, and predominantly owner-occupied. With 837 residents, a median household income of $55,300, and a median home value of $120,600, it offers a clear picture of life in this part of Michigan.