PlainZIP

Munising, MI · standard

ZIP Code 49862

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

5,025
12/sq mi
$61,340
Median income
$169,400
Median home value
20.8%
Bachelor's or higher

The verdict

Munising pairs a below-median household income with below-median home values, in a rural, homeowner-dominated area.

32th pct
household income, US ZIPs
34th pct
home value, US ZIPs
12
people per sq mi
80%
owner-occupied homes

Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 49862 against every reporting US ZIP.

ZIP code 49862 is classified by USPS as a standard delivery area and covers roughly 425.8 square miles in Munising, Alger County, Michigan. The area is home to 5,025 residents, producing a population density of 12 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 49862 against Michigan and the nation.

On the economic side, the median household income for ZIP 49862 sits at $61,340 (16% below the Michigan average), while per-capita income is $27,531. The poverty rate stands at 9.0% and the unemployment rate at 5.5%. On housing, the median home value is $169,400 (23% below the state average) with median rent at $711 per month, and 80.4% of occupied units are owner-occupied, a direct signal of whether 49862 behaves more like a homeowner neighborhood or a renter-heavy ZIP.

Education and household profile round out the picture: 20.8% of adults hold a bachelor's degree or higher, the median age is 45.3, and the average commute is 17 minutes. Use the benchmarks above to see where 49862 sits relative to Michigan and the national baseline rather than viewing the numbers in isolation. 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 49862

Top 5 sectors by establishment count

Which industries have the most business establishments in ZIP 49862.

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 49862, Munising, 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

5,025

Population

425.8

Area (sq mi)

12

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 49862?

45.3

Median Age

61.5%

Male

38.5%

Female

0.8%

Foreign-Born

White 75.3%
African American 14.6%
Asian 0.2%
American Indian or Alaska Native 2.4%
Native Hawaiian or Pacific Islander 0.0%
Two or More Ethnicities 7.1%
Hispanic or Latino 1.1%

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?

$61,340

Median Household Income

-16% vs state

$27,531

Per Capita Income

9.0%

Poverty Rate

5.5%

Unemployment Rate

17.4 min

Mean Commute Time

How ZIP 49862 ranks nationally

Household income vs. every US ZIP code

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

$61,340 32nd percentile higher than 32% 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 61.2%
Bachelor's Degree or Higher 20.8%

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

What does housing look like?

2,463

Total Housing Units

1,713

Occupied Units

750

Vacant Units

2.06

Avg Household Size

Occupancy Type

Owner 80.4%
Renter 19.6%

$169,400

Median Home Value

-23% vs state

$711

Median Rent

1971

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

-10.4%

YoY Change (2024)

194

HPI Index (2000 = 100)

+94%

Total Change Since 2000

Home values in ZIP 49862 have decreased 10.4% over the past year (2024). Since 2000, this ZIP has seen +94% cumulative appreciation.

Year Annual Change HPI Index
2020 -4.8% 133
2021 +15.0% 153
2022 +18.6% 182
2023 +19.0% 216
2024 -10.4% 194

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 140 business establishments in ZIP 49862, employing approximately 1,326 people with a combined annual payroll of $73,217,000.

140

Businesses

1,326

Employees

$73.2M

Annual Payroll

14

Industry Sectors

Industry Establishments % of Total
Accommodation and food services 29 20.7%
Retail trade 28 20.0%
Other services (except public administration) 16 11.4%
Health care and social assistance 13 9.3%
Construction 11 7.9%
Transportation and warehousing 7 5.0%
Administrative and support and waste management and remediation services 7 5.0%
Manufacturing 5 3.6%
Finance and insurance 5 3.6%
Real estate and rental and leasing 5 3.6%
Agriculture, forestry, fishing and hunting 4 2.9%
Information 3 2.1%
Professional, scientific, and technical services 3 2.1%
Arts, entertainment, and recreation 3 2.1%

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

More ZIP Codes in Alger County

49891 standard
Trenary, MI
Pop: 816
49895 standard
Wetmore, MI
Pop: 765
49816 standard
Chatham, MI
Pop: 724
49806 standard
Au Train, MI
Pop: 627
49884 standard
Shingleton, MI
Pop: 552
49839 standard
Grand Marais, MI
Pop: 479

Related Areas

Alger County Munising, MI Michigan

Frequently Asked Questions

What county is ZIP code 49862 in? ▼
ZIP code 49862 (Munising) is located in Alger County, Michigan. Alger County contains multiple ZIP codes, see the full list at /counties/alger-mi.
What is the population of ZIP code 49862? ▼
ZIP code 49862 in Munising, MI has a population of 5,025 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 49862? ▼
The median household income in ZIP 49862 is $61,340, which is 20% below the national average of $76,288.
What is the average home value in ZIP 49862? ▼
The median home value in ZIP 49862 is $169,400, which is 39% below the national average of $278,155.
What is the demographic makeup of ZIP 49862? ▼
The largest racial group in ZIP 49862 is White at 75.3%. Hispanic or Latino residents make up 1.1% of the population.
How many businesses are in ZIP code 49862? ▼
ZIP code 49862 has 140 business establishments employing approximately 1,326 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 49862? ▼
The top industries by establishment count in ZIP 49862 are: Accommodation and food services (29), Retail trade (28), Other services (except public administration) (16). There are 14 industry sectors represented in total.
How have home values changed in ZIP code 49862? ▼
According to the FHFA House Price Index, home values in ZIP 49862 decreased by 10.4% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 94%. 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 49862? ▼
In ZIP code 49862, 61.2% of residents aged 25+ have a high school diploma or higher, and 20.8% 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 49862? ▼
The mean commute time for workers in ZIP code 49862 is 17.4 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 49862? ▼
In ZIP code 49862, approximately 80.4% of occupied housing units are owner-occupied and 19.6% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 49862? ▼
The poverty rate in ZIP code 49862 is 9.0% according to Census Bureau ACS 2023 estimates. This measures the percentage of the population living below the federal poverty threshold.

ZIP Code Research Guides

Reading Census Demographics
How to interpret population, income, and education data from the Census Bureau.
Understanding ZIP Code Data
What ZIP codes are, how ZCTAs differ, and what the data reveals.
Best ZIP Codes for Families
Key factors to evaluate when choosing a family-friendly neighborhood.
ZIP Codes for Relocation
Data-driven tips for evaluating ZIP codes before a move.

Official Data Resources for Munising, MI

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

U.S. Census Bureau
Official demographic, economic, and housing data from the American Community Survey.
HUD Fair Market Rents
Department of Housing and Urban Development rental cost estimates by metropolitan area.
FBI Uniform Crime Reports
Official crime statistics compiled from law enforcement agencies nationwide.
FHFA House Price Index
Federal Housing Finance Agency home value trends based on repeat sales and appraisals.

Read our methodology to see how this data is sourced, computed, and verified.