| ZIP Code | 49927 |
|---|---|
| City | Gaastra |
| State | Michigan (MI) |
| County | Iron County |
| Area Code | 906 |
| Elevation | 1,524 ft |
| Latitude | 46.03306 |
|---|---|
| Longitude | -88.547007 |
| Timezone | Detroit (DST) |
| FIPS | 26071 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 46.7 yrs ↓ 12% since 2019 |
|---|---|
| Avg Household Size | 2.76 |
| Below Poverty | 17.1% ▲ 71% above avg |
| College Grads | 27.2% ▼ 30% below avg |
| Unemployment | 0.7% ▼ 85% below avg |
| HS Graduate | 99 (34.1%) |
| Some College | 61 (21%) |
| Associates | 51 (17.6%) |
| Bachelors | 14 (4.8%) |
| Graduate Degree | 65 (22.4%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $54,583 ▼ 28% below avg ↑ 11% since 2019 |
|---|---|
| Median Home Value | $65,500 ▼ 77% below avg ↑ 15% since 2019 |
| Home/Income Ratio | 1.2x (nat avg ~3.5x) |
| Total Units | 201 |
| Vacant Units | 68 |
| Avg HH Size | 2.76 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 201 |
|---|---|
| Vacant | 68 |
| Owner Occupied | 97.0% |
| Renter Occupied | 3.0% |
| Avg HH Size | 2.76 |
ZIP code 49927 is located in Gaastra, Michigan, within Iron County. With a population of 404, this is a sparsely populated ZIP code with a mature community — the median age is 46.7 years. Economically, 49927 is a working-class ZIP code: the median household income of $54,583 is below the national average.
Real estate in ZIP code 49927 represents one of the more affordable housing markets in the country. The median home value of $65,500 is well below the national average. Homeownership is strong here — 97.0% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 15% since 2019.
The population of 49927 is primarily White (72.28%). Residents are moderately educated — 27.2% hold a bachelor's degree or higher, which is below the national average. Poverty affects some residents at 17.1%. Household income has grown by 11% since 2019.
The unemployment rate in 49927 stands at 0.7%, which is well below the national average. As in most parts of the country, driving alone is the dominant commute mode at 90%.
Overall, ZIP code 49927 in Gaastra, MI is characterized as working-class, moderately educated, a mature community, and predominantly owner-occupied. With 404 residents, a median household income of $54,583, and a median home value of $65,500, it offers a clear picture of life in this part of Michigan.