Elk Rapids, MI · standard

ZIP Code 49629

Antrim County, Michigan — Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.

2,223
214/sq mi
$65,302
Median income
$394,600
Median home value
46.2%
Bachelor's or higher

The verdict

Elk Rapids pairs a below-median household income with upper-quartile home values, in a low-density, homeowner-dominated area.

39th pct
household income, US ZIPs
Top 21%
home value, US ZIPs
214
people per sq mi
78%
owner-occupied homes

Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 49629 against every reporting US ZIP.

ZIP code 49629 is classified by USPS as a standard delivery area and covers roughly 10.4 square miles in Elk Rapids, Antrim County, Michigan. The area is home to 2,223 residents, producing a population density of 214 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 49629 against Michigan and the nation.

On the economic side, the median household income for ZIP 49629 sits at $65,302 (11% below the Michigan average), while per-capita income is $48,559. The poverty rate stands at 4.0% and the unemployment rate at 1.1%. On housing, the median home value is $394,600 (80% above the state average) with median rent at $929 per month, and 77.9% of occupied units are owner-occupied, a direct signal of whether 49629 behaves more like a homeowner neighborhood or a renter-heavy ZIP.

Education and household profile round out the picture: 46.2% of adults hold a bachelor's degree or higher, the median age is 58.1, and the average commute is 18 minutes. We also surface 3 nearby ZIP codes within roughly 10 miles and 6 additional ZIPs sharing Antrim County, so you can benchmark 49629 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 →

Top industries in ZIP 49629

Top 5 sectors by establishment count

Which industries have the most business establishments in ZIP 49629.

establishments

What this shows Establishment counts come from the Census ZIP Code Business Patterns program, which counts physical business locations rather than employees or revenue.

Source U.S. Census Bureau · ZIP Code Business Patterns (ZBP) As of 2023

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 49629, Elk Rapids, 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

2,223

Population

10.4

Area (sq mi)

214

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 49629?

58.1

Median Age

47.0%

Male

53.0%

Female

1.8%

Foreign-Born

White 91.7%
African American 0.0%
Asian 1.4%
American Indian or Alaska Native 0.0%
Native Hawaiian or Pacific Islander 0.0%
Two or More Ethnicities 6.9%
Hispanic or Latino 3.1%

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?

$65,302

Median Household Income

-11% vs state

$48,559

Per Capita Income

4.0%

Poverty Rate

1.1%

Unemployment Rate

18.3 min

Mean Commute Time

How ZIP 49629 ranks nationally

Household income vs. every US ZIP code

Median household income — the full national distribution, with this ZIP marked

$65,302 39th percentile higher than 39% of 30,318 US ZIPs

$0–$20,000: 118 US ZIPs (0%). Below this entry. $20,000–$40,000: 1,573 US ZIPs (5%). Below this entry. $40,000–$60,000: 7,092 US ZIPs (23%). Below this entry. $60,000–$80,000: 9,980 US ZIPs (33%). This entry sits in this band. $80,000–$100,000: 5,778 US ZIPs (19%). Above this entry. $100,000–$120,000: 2,855 US ZIPs (9%). Above this entry. $120,000–$140,000: 1,362 US ZIPs (4%). Above this entry. $140,000–$160,000: 686 US ZIPs (2%). Above this entry. $160,000–$180,000: 364 US ZIPs (1%). Above this entry. $180,000–$200,000: 186 US ZIPs (1%). Above this entry. $200,000–$220,000: 324 US ZIPs (1%). Above this entry. This ZIP $0 $200K+ every reporting US ZIP, bucketed by value

Each bar is a $20K-wide band; taller bars hold more US ZIPs. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.

Source U.S. Census Bureau — ACS 5-Year Estimates · 2019–2023

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

What is the education profile here?

High School Graduate or Higher 69.2%
Bachelor's Degree or Higher 46.2%

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

What does housing look like?

1,742

Total Housing Units

1,151

Occupied Units

591

Vacant Units

1.77

Avg Household Size

Occupancy Type

Owner 77.9%
Renter 22.1%

$394,600

Median Home Value

+80% vs state

$929

Median Rent

1968

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

+5.5%

YoY Change (2024)

307

HPI Index (2000 = 100)

+207%

Total Change Since 2000

Home values in ZIP 49629 have increased 5.5% over the past year (2024). Since 2000, this ZIP has seen +207% cumulative appreciation.

Year Annual Change HPI Index
2020 -1.5% 172
2021 +15.3% 199
2022 +27.3% 253
2023 +15.1% 291
2024 +5.5% 307

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 2024. ZIP codes with few transactions may show missing values.

What businesses operate in this ZIP?

Census Bureau data shows 117 business establishments in ZIP 49629, employing approximately 826 people with a combined annual payroll of $34,841,000.

117

Businesses

826

Employees

$34.8M

Annual Payroll

12

Industry Sectors

Industry Establishments % of Total
Retail trade 20 17.1%
Real estate and rental and leasing 13 11.1%
Professional, scientific, and technical services 13 11.1%
Other services (except public administration) 12 10.3%
Construction 11 9.4%
Manufacturing 11 9.4%
Accommodation and food services 10 8.6%
Finance and insurance 9 7.7%
Health care and social assistance 8 6.8%
Arts, entertainment, and recreation 4 3.4%
Information 3 2.6%
Administrative and support and waste management and remediation services 3 2.6%

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 49629 vs 49648 →

ZIP 49629 vs its nearest neighbors, by population

Resident population of this ZIP and the closest reporting ZIP codes within ~10 miles.

residents

What this shows Among its immediate neighbors, ZIP 49629 ranks #3 by population — useful context the national average alone can't give.

Source U.S. Census Bureau · ACS 5-Year Estimates As of 2019–2023

ZIP 49629 vs its nearest neighbors, by median income

Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.

median income

What this shows By household income, ZIP 49629 ranks #4 of 4 neighboring ZIPs — local affluence varies block to block, not just metro to metro.

Source U.S. Census Bureau · ACS 5-Year Estimates As of 2019–2023
ZIP Code City Population Distance
49648 Kewadin, MI 2,098 5.7 mi
49690 Williamsburg, MI 6,182 8.9 mi
49676 Rapid City, MI 3,407 7.4 mi

More ZIP Codes in Antrim County

Frequently Asked Questions

What county is ZIP code 49629 in?
ZIP code 49629 (Elk Rapids) is located in Antrim County, Michigan. Antrim County contains multiple ZIP codes, see the full list at /counties/antrim-mi.
What is the population of ZIP code 49629?
ZIP code 49629 in Elk Rapids, MI has a population of 2,223 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 49629?
The median household income in ZIP 49629 is $65,302, which is 14% below the national average of $76,288.
What is the average home value in ZIP 49629?
The median home value in ZIP 49629 is $394,600, which is 42% above the national average of $278,155.
What is the demographic makeup of ZIP 49629?
The largest racial group in ZIP 49629 is White at 91.7%. Hispanic or Latino residents make up 3.1% of the population.
How many businesses are in ZIP code 49629?
ZIP code 49629 has 117 business establishments employing approximately 826 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 49629?
The top industries by establishment count in ZIP 49629 are: Retail trade (20), Real estate and rental and leasing (13), Professional, scientific, and technical services (13). There are 12 industry sectors represented in total.
How have home values changed in ZIP code 49629?
According to the FHFA House Price Index, home values in ZIP 49629 increased by 5.5% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 207%. 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 49629?
In ZIP code 49629, 69.2% of residents aged 25+ have a high school diploma or higher, and 46.2% 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 49629?
The mean commute time for workers in ZIP code 49629 is 18.3 minutes according to Census ACS data. The national average is roughly 26 minutes, so commuters here spend less time traveling to work than typical.
What percentage of residents own vs. rent in ZIP 49629?
In ZIP code 49629, approximately 77.9% of occupied housing units are owner-occupied and 22.1% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 49629?
The poverty rate in ZIP code 49629 is 4.0% 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 Elk Rapids, MI

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