| ZIP Code | 49969 |
|---|---|
| City | Watersmeet |
| State | Michigan (MI) |
| County | Gogebic County |
| Area Code | 906 |
| Elevation | 1,724 ft |
| Latitude | 46.251655 |
|---|---|
| Longitude | -89.210723 |
| Timezone | Detroit (DST) |
| FIPS | 26053 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 60.8 yrs |
|---|---|
| Avg Household Size | 1.86 |
| Below Poverty | 10.9% ▲ 9% above avg |
| College Grads | 36.1% ≈ Avg |
| Unemployment | 3.2% ▼ 35% below avg |
| HS Graduate | 303 (35.6%) |
| Some College | 59 (6.9%) |
| Associates | 181 (21.3%) |
| Bachelors | 98 (11.5%) |
| Graduate Degree | 209 (24.6%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $61,101 ▼ 20% below avg ↑ 46% since 2019 |
|---|---|
| Median Home Value | $245,800 ▼ 12% below avg ↑ 25% since 2019 |
| Home/Income Ratio | 4.0x (nat avg ~3.5x) |
| Median Rent | $481/mo ↓ 8% since 2019 |
| Total Units | 1,494 |
| Vacant Units | 929 |
| Avg HH Size | 1.86 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 1,494 |
|---|---|
| Vacant | 929 |
| Owner Occupied | 87.1% |
| Renter Occupied | 12.9% |
| Avg HH Size | 1.86 |
ZIP code 49969 is located in Watersmeet, Michigan, within Gogebic County. With a population of 1,054, this is a sparsely populated ZIP code with an older community — the median age is 60.8 years. Economically, 49969 is a solidly middle-class ZIP code: the median household income of $61,101 is below the national average.
Real estate in ZIP code 49969 represents an affordable housing market. The median home value of $245,800 is near the national average. Renters can expect to pay around $481 per month in median rent. Homeownership is strong here — 87.1% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 25% since 2019.
The population of 49969 is primarily White (72.01%). Residents are moderately educated — 36.1% hold a bachelor's degree or higher, which is near the national average. Poverty affects some residents at 10.9%. Household income has grown by 46% since 2019.
The unemployment rate in 49969 stands at 3.2%, which is below the national average. About 15% of workers are remote. As in most parts of the country, driving alone is the dominant commute mode at 71%.
Overall, ZIP code 49969 in Watersmeet, MI is characterized as solidly middle-class, moderately educated, an older community, and predominantly owner-occupied. With 1,054 residents, a median household income of $61,101, and a median home value of $245,800, it offers a clear picture of life in this part of Michigan.