ZIP Code 49288

standard

Source:

Waldron · Hillsdale County · Michigan

Population
1,384

14/sq mi

Median income
$66,833

▼ 12% vs US

higher than 42% of US ZIPs

Median home value
$147,500

▼ 47% vs US

higher than 25% of US ZIPs

Bachelor's or higher
12.4%

Median age 38.1

Land area
97.5 sq mi

Detroit

ZIP code 49288 in Waldron, Michigan has a population of 1,384. The median household income is $66,833, which is 12% below the national average. Median home value is $147,500, 47% below the US average. 12.4% of residents hold a bachelor's degree or higher.

ZIP code 49288 is classified by USPS as a standard delivery area and covers roughly 97.5 square miles in Waldron, Hillsdale County, Michigan. The area is home to 1,384 residents, producing a population density of 14 people per square mile, and falls within the Detroit time zone. These USPS and Census boundary values drive every downstream statistic on this page, including the benchmarks that compare 49288 against Michigan and the nation.

On the economic side, the median household income for ZIP 49288 sits at $66,833 (9% below the Michigan average), while per-capita income is $27,588. The poverty rate stands at 7.9% and the unemployment rate at 9.9%. On housing, the median home value is $147,500 (33% below the state average) with median rent at $1,023 per month, and 78.2% of occupied units are owner-occupied, a direct signal of whether 49288 behaves more like a homeowner neighborhood or a renter-heavy ZIP.

Education and household profile round out the picture: 12.4% of adults hold a bachelor's degree or higher, the median age is 38.1, and the average commute is 29 minutes. We also surface 8 nearby ZIP codes within roughly 10 miles and 6 additional ZIPs sharing Hillsdale County, so you can benchmark 49288 against its immediate geography rather than a national average alone. Every figure is sourced from the U.S. Census Bureau American Community Survey 5-Year Estimates, HUD Fair Market Rents, and FHFA Home Price Index data, no estimates, no proprietary scoring. Verify with HUD →

Source: U.S. Census Bureau, American Community Survey 5-Year Estimates + ZIP Code Business Patterns + HUD FMR + FHFA HPI ACS demographics, ZBP business establishments, HUD Fair Market Rents, FHFA HPI for ZIP 49288, Waldron, MI · 2023 Census ACS 5-Year Estimates use a rolling 60-month sample for stable small-geography estimates; ZBP updated annually; HUD FMR + FHFA HPI updated quarterly/annually.

Quick Facts

1,384

Population

97.5

Area (sq mi)

14

People / sq mi

Detroit

Time Zone

standard

ZIP Type

Neighborhood Scorecard
Get an A-F grade across income, safety, housing, rent, education, commute, and childcare for this ZIP code.
View Scorecard →

Who lives in ZIP 49288?

38.1

Median Age

52.9%

Male

47.1%

Female

1.6%

Foreign-Born

White 96.0%
African American 0.0%
Asian 0.0%
American Indian or Alaska Native 0.0%
Native Hawaiian or Pacific Islander 0.0%
Two or More Ethnicities 3.1%
Hispanic or Latino 0.9%

Hispanic or Latino is an ethnicity category from the Census Bureau and may overlap with other categories above.

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

How much do residents earn?

$66,833

Median Household Income

-9% vs state

$27,588

Per Capita Income

7.9%

Poverty Rate

9.9%

Unemployment Rate

29.4 min

Mean Commute Time

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

What is the education profile here?

High School Graduate or Higher 63.8%
Bachelor's Degree or Higher 12.4%

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

What does housing look like?

662

Total Housing Units

592

Occupied Units

70

Vacant Units

2.51

Avg Household Size

Occupancy Type

Owner 78.2%
Renter 21.8%

$147,500

Median Home Value

-33% vs state

$1,023

Median Rent

1938

Median Year Built

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

FHFA House Price Index, annual appreciation data based on repeat sales and appraisals

+8.9%

YoY Change (2021)

134

HPI Index (2000 = 100)

+34%

Total Change Since 2000

Home values in ZIP 49288 have increased 8.9% over the past year (2021). Since 2000, this ZIP has seen +34% cumulative appreciation.

Year Annual Change HPI Index
2017 94
2018 +7.0% 101
2019 -0.4% 100
2020 +22.5% 123
2021 +8.9% 134

Source: Federal Housing Finance Agency (FHFA) House Price Index, All-Transactions, Five-Digit ZIP Codes (Developmental Index). Index base = 100 in year 2000. Data through 2021. ZIP codes with few transactions may show missing values.

What businesses operate in this ZIP?

Census Bureau data shows 17 business establishments in ZIP 49288, employing approximately 77 people with a combined annual payroll of $2,874,000.

17

Businesses

77

Employees

$2.9M

Annual Payroll

2

Industry Sectors

Industry Establishments % of Total
Wholesale trade 3 17.6%
Retail trade 3 17.6%

Source: U.S. Census Bureau, ZIP Code Business Patterns (ZBP), 2023. Employment figures may include noise for disclosure avoidance.

Nearby ZIP Codes

Want a side-by-side? Compare 49288 vs 43501 →

ZIP Code City Population Distance
43501 Alvordton, OH 788 4.5 mi
49271 Pittsford, MI 2,256 7.2 mi
43570 West Unity, OH 3,106 10.2 mi
43531 Kunkle, OH 216 7.7 mi
49247 Hudson, MI 5,768 9.0 mi
43554 Pioneer, OH 2,408 8.4 mi
43521 Fayette, OH 2,811 8.4 mi
49266 Osseo, MI 2,942 9.6 mi

More ZIP Codes in Hillsdale County

Frequently Asked Questions

What county is ZIP code 49288 in?
ZIP code 49288 (Waldron) is located in Hillsdale County, Michigan. Hillsdale County contains multiple ZIP codes, see the full list at /counties/hillsdale-mi.
What is the population of ZIP code 49288?
ZIP code 49288 in Waldron, MI has a population of 1,384 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 49288?
The median household income in ZIP 49288 is $66,833, which is 12% below the national average of $76,288.
What is the average home value in ZIP 49288?
The median home value in ZIP 49288 is $147,500, which is 47% below the national average of $278,155.
What is the demographic makeup of ZIP 49288?
The largest racial group in ZIP 49288 is White at 96.0%. Hispanic or Latino residents make up 0.9% of the population.
How many businesses are in ZIP code 49288?
ZIP code 49288 has 17 business establishments employing approximately 77 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
How have home values changed in ZIP code 49288?
According to the FHFA House Price Index, home values in ZIP 49288 increased by 8.9% in 2021. Since 2000, home values in this ZIP have appreciated by approximately 34%. This is a developmental index based on repeat sales and appraisal data from Fannie Mae and Freddie Mac.
What is the education level in ZIP code 49288?
In ZIP code 49288, 63.8% of residents aged 25+ have a high school diploma or higher, and 12.4% hold a bachelor's degree or higher. These figures come from the Census Bureau ACS 5-Year Estimates (2023).
What is the average commute time in ZIP 49288?
The mean commute time for workers in ZIP code 49288 is 29.4 minutes according to Census ACS data. The national average is roughly 26 minutes, so commuters here spend more time traveling to work than typical.
What percentage of residents own vs. rent in ZIP 49288?
In ZIP code 49288, approximately 78.2% of occupied housing units are owner-occupied and 21.8% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 49288?
The poverty rate in ZIP code 49288 is 7.9% according to Census Bureau ACS 2023 estimates. This measures the percentage of the population living below the federal poverty threshold.

ZIP Code Research Guides

Official Data Resources for Waldron, MI

Verify and explore additional data for this area using these official government sources.

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023). Business data: Source: Census ZIP Code Business Patterns (ZBP) 2023. Home value trends: Source: FHFA House Price Index (HPI), Five-Digit ZIP Codes.

PlainZIP is not affiliated with the U.S. Census Bureau or any government agency.