Lake City, MI · standard
ZIP Code 49651
Missaukee County, Michigan - Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.
- 7,665
- 13/sq mi
- $66,406
- Median income
- $171,100
- Median home value
- 20.4%
- Bachelor's or higher
National ZIP placement
Lake City pairs a below-median household income with below-median home values, in a rural, homeowner-dominated area.
- 41st pct
- household income, US ZIPs
- 35th pct
- home value, US ZIPs
- 13
- people per sq mi
- 85%
- owner-occupied homes
Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 49651 against every reporting US ZIP.
FHFA HPI release change
What changed in the latest House Price Index year
- FHFA House Price Index values in ZIP 49651 (Lake City, MI) rose +4.7% from 2023 to 2024. The all-transactions index moved from 227.9 in 2023 to 238.7 in 2024 (2000 = 100).
ZIP code 49651 is a mid-sized community (a standard USPS delivery area) in Lake City, Missaukee County, Michigan, home to 7,665 residents across 580.7 square miles, a density of 13 people per square mile, in the Detroit time zone.
ZIP 49651 reports a modest median household income of $66,406 (9% below the average Michigan ZIP), while per-capita income is $35,866. The poverty rate is 11.8%, with unemployment at 6.4%; those measures add context to the income figure. Home values sit below the statewide ZIP benchmark: the median is $171,100 (22% below the average Michigan ZIP), and median rent is $962; owner occupancy is 84.9%.
Educational attainment sits below the national norm: 20.4% of adults hold a bachelor's degree or higher, the median age is 47.9, and the average commute is 26 minutes. No nearby ZIP peer set is available for this delivery area, so the Michigan and national benchmarks above are the appropriate context for 49651.
Every figure on this page is sourced from the U.S. Census Bureau American Community Survey 5-Year Estimates (including median rent) and the FHFA House Price Index, no estimates, no proprietary scoring. Verify with Census →
Top industries in ZIP 49651
Top 5 sectors by establishment count in Lake City, MI
Which industries have the most business establishments in ZIP 49651.
- Retail trade
Retail trade
23 establishments
- Construction
Construction
21 establishments
- Other services (except public administration)
Other services (except public administration)
19 establishments
- Health care and social assistance
Health care and social assistance
18 establishments
- Accommodation and food services
Accommodation and food services
17 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, American Community Survey 5-Year Estimates + ZIP Code Business Patterns + FHFA HPI ACS demographics and median rent, ZBP business establishments, FHFA HPI for ZIP 49651, Lake City, MI · 2023 Census ACS 5-Year Estimates use a rolling 60-month sample for stable small-geography estimates; ZBP updated annually; FHFA HPI updated quarterly/annually.
Quick Facts
7,665
Population
580.7
Area (sq mi)
13
People / sq mi
Detroit
Time Zone
standard
ZIP Type
Who lives in ZIP 49651?
47.9
Median Age
51.4%
Male
48.6%
Female
1.1%
Foreign-Born
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?
$66,406
Median Household Income
-9% vs state ZIP avg
$35,866
Per Capita Income
11.8%
Poverty Rate
6.4%
Unemployment Rate
25.7 min
Mean Commute Time
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
What is the education profile here?
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
What does housing look like?
Housing stock: occupied vs vacant
4,954housing units
4,954
Total Housing Units
3,112
Occupied Units
1,842
Vacant Units
2.42
Avg Household Size
Occupancy Type
$171,100
Median Home Value
-22% vs state ZIP avg
$962
Median Rent
1980
Median Year Built
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
How have home values changed over time?
FHFA House Price Index, annual appreciation data based on repeat sales and appraisals
+4.7%
YoY Change (2024)
239
HPI Index (2000 = 100)
+139%
Total Change Since 2000
Home values in ZIP 49651 have increased 4.7% over the past year (2024). Since 2000, this ZIP has seen +139% cumulative appreciation.
| Year | Annual Change | HPI Index |
|---|---|---|
| 2020 | -0.4% | 147 |
| 2021 | +17.0% | 173 |
| 2022 | +13.8% | 196 |
| 2023 | +16.1% | 228 |
| 2024 | +4.7% | 239 |
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 138 business establishments in ZIP 49651, employing approximately 1,082 people with a combined annual payroll of $40,373,000.
138
Businesses
1,082
Employees
$40.4M
Annual Payroll
12
Industry Sectors
| Industry | Establishments | % of Total |
|---|---|---|
| Retail trade | 23 | 16.7% |
| Construction | 21 | 15.2% |
| Other services (except public administration) | 19 | 13.8% |
| Health care and social assistance | 18 | 13.0% |
| Accommodation and food services | 17 | 12.3% |
| Manufacturing | 8 | 5.8% |
| Wholesale trade | 7 | 5.1% |
| Finance and insurance | 5 | 3.6% |
| Agriculture, forestry, fishing and hunting | 4 | 2.9% |
| Transportation and warehousing | 4 | 2.9% |
| Administrative and support and waste management and remediation services | 4 | 2.9% |
| Professional, scientific, and technical services | 3 | 2.2% |
Source: U.S. Census Bureau, ZIP Code Business Patterns (ZBP), 2023. Employment figures may include noise for disclosure avoidance.
Nationwide ZIPs with similar ACS profiles
Two Census-derived peer sets for ZIP 49651, both outside MI so the neighborhoods are not geographic containment (Nearby and same-county blocks stay local).
Similar population
Nearest cross-state ZIPs by resident population (7,665 here; floor ≥1,000).
Similar median household income
Nearest cross-state ZIPs by ACS median household income.