| ZIP Code | 49935 |
|---|---|
| City | Iron River |
| State | Michigan (MI) |
| County | Iron County |
| Area Code | 906 |
| Elevation | 1,584 ft |
| Latitude | 46.175587 |
|---|---|
| Longitude | -88.752156 |
| Timezone | Detroit (DST) |
| FIPS | 26071 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 50.6 yrs ↓ 4% since 2019 |
|---|---|
| Avg Household Size | 2.16 |
| Below Poverty | 17.1% ▲ 71% above avg |
| College Grads | 31.4% ▼ 19% below avg |
| Unemployment | 3.3% ▼ 33% below avg |
| No HS Diploma | 40 (0.9%) |
| HS Graduate | 1,772 (40.9%) |
| Some College | 588 (13.6%) |
| Associates | 570 (13.2%) |
| Bachelors | 473 (10.9%) |
| Graduate Degree | 886 (20.5%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $52,254 ▼ 32% below avg ↑ 33% since 2019 |
|---|---|
| Median Home Value | $103,800 ▼ 63% below avg ↑ 44% since 2019 |
| Home/Income Ratio | 2.0x (nat avg ~3.5x) |
| Median Rent | $445/mo ↓ 5% since 2019 |
| Total Units | 4,610 |
| Vacant Units | 1,888 |
| Avg HH Size | 2.16 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 4,610 |
|---|---|
| Vacant | 1,888 |
| Owner Occupied | 80.9% |
| Renter Occupied | 19.1% |
| Avg HH Size | 2.16 |
ZIP code 49935 is located in Iron River, Michigan, within Iron County. With a population of 5,969, this is a lightly populated ZIP code with a mature community — the median age is 50.6 years. Economically, 49935 is a working-class ZIP code: the median household income of $52,254 is below the national average.
Real estate in ZIP code 49935 represents one of the more affordable housing markets in the country. The median home value of $103,800 is well below the national average. Renters can expect to pay around $445 per month in median rent. Homeownership is strong here — 80.9% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 44% since 2019.
The population of 49935 is primarily White (94.50%). Residents are moderately educated — 31.4% 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 33% since 2019.
The unemployment rate in 49935 stands at 3.3%, which is below the national average. As in most parts of the country, driving alone is the dominant commute mode at 80%.
Overall, ZIP code 49935 in Iron River, MI is characterized as working-class, moderately educated, a mature community, and predominantly owner-occupied. With 5,969 residents, a median household income of $52,254, and a median home value of $103,800, it offers a clear picture of life in this part of Michigan.