| ZIP Code | 49930 |
|---|---|
| City | Hancock |
| State | Michigan (MI) |
| County | Houghton County |
| Area Code | 906 |
| Elevation | 1,081 ft |
| Latitude | 47.202985 |
|---|---|
| Longitude | -88.576295 |
| Timezone | Detroit (DST) |
| FIPS | 26061 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 33.1 yrs ↓ 11% since 2019 |
|---|---|
| Avg Household Size | 2.41 |
| Below Poverty | 12.4% ▲ 24% above avg |
| College Grads | 48.7% ▲ 26% above avg |
| Unemployment | 1.7% ▼ 65% below avg |
| No HS Diploma | 17 (0.4%) |
| HS Graduate | 1,123 (27.6%) |
| Some College | 298 (7.3%) |
| Associates | 649 (15.9%) |
| Bachelors | 259 (6.4%) |
| Graduate Degree | 1,725 (42.4%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $67,946 ▼ 11% below avg ↑ 59% since 2019 |
|---|---|
| Median Home Value | $211,900 ▼ 24% below avg ↑ 73% since 2019 |
| Home/Income Ratio | 3.1x (nat avg ~3.5x) |
| Median Rent | $749/mo ↑ 24% since 2019 |
| Total Units | 3,366 |
| Vacant Units | 587 |
| Avg HH Size | 2.41 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 3,366 |
|---|---|
| Vacant | 587 |
| Owner Occupied | 65.7% |
| Renter Occupied | 34.3% |
| Avg HH Size | 2.41 |
ZIP code 49930 is located in Hancock, Michigan, within Houghton County. With a population of 7,199, this is a lightly populated ZIP code with a relatively young community — the median age is 33.1 years. Economically, 49930 is a solidly middle-class ZIP code: the median household income of $67,946 is near the national average.
Real estate in ZIP code 49930 represents an affordable housing market. The median home value of $211,900 is below the national average. Renters can expect to pay around $749 per month in median rent. Homeownership is strong here — 65.7% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 73% since 2019.
The population of 49930 is primarily White (94.36%). Residents are well-educated — 48.7% hold a bachelor's degree or higher, which is above the national average. Poverty affects some residents at 12.4%. Household income has grown by 59% since 2019.
The unemployment rate in 49930 stands at 1.7%, which is well below the national average. About 16% of workers are remote. As in most parts of the country, driving alone is the dominant commute mode at 68%.
Overall, ZIP code 49930 in Hancock, MI is characterized as solidly middle-class, well-educated, a relatively young community, and predominantly owner-occupied. With 7,199 residents, a median household income of $67,946, and a median home value of $211,900, it offers a clear picture of life in this part of Michigan.