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
National ZIP placement
Munising pairs a below-median household income with below-median home values, in a rural, homeowner-dominated area.
- 32nd 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.
FHFA HPI release change
What changed in the latest House Price Index year
- FHFA House Price Index values in ZIP 49862 (Munising, MI) fell -10.4% from 2023 to 2024. The all-transactions index moved from 216.4 in 2023 to 193.8 in 2024 (2000 = 100).
ZIP code 49862 is a mid-sized community (a standard USPS delivery area) in Munising, Alger County, Michigan, home to 5,025 residents across 425.8 square miles, a density of 12 people per square mile, in the Detroit time zone.
ZIP 49862 reports a modest median household income of $61,340 (16% below the average Michigan ZIP), while per-capita income is $27,531. The poverty rate is 9.0%, with unemployment at 5.5%; those measures add context to the income figure. Home values sit below the statewide ZIP benchmark: the median is $169,400 (23% below the average Michigan ZIP), and median rent is $711; owner occupancy is 80.4%.
Educational attainment sits below the national norm: 20.8% of adults hold a bachelor's degree or higher, the median age is 45.3, and the average commute is 17 minutes. No nearby ZIP peer set is available for this delivery area, so the Michigan and national benchmarks above are the appropriate context for 49862.
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 49862
Top 5 sectors by establishment count in Munising, MI
Which industries have the most business establishments in ZIP 49862.
- Accommodation and food services
Accommodation and food services
29 establishments
- Retail trade
Retail trade
28 establishments
- Other services (except public administration)
Other services (except public administration)
16 establishments
- Health care and social assistance
Health care and social assistance
13 establishments
- Construction 11
Construction
11 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 49862, Munising, 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
5,025
Population
425.8
Area (sq mi)
12
People / sq mi
Detroit
Time Zone
standard
ZIP Type
Who lives in ZIP 49862?
45.3
Median Age
61.5%
Male
38.5%
Female
0.8%
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?
$61,340
Median Household Income
-16% vs state ZIP avg
$27,531
Per Capita Income
9.0%
Poverty Rate
5.5%
Unemployment Rate
17.4 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
2,463housing units
2,463
Total Housing Units
1,713
Occupied Units
750
Vacant Units
2.06
Avg Household Size
Occupancy Type
$169,400
Median Home Value
-23% vs state ZIP avg
$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.
Nationwide ZIPs with similar ACS profiles
Two Census-derived peer sets for ZIP 49862, 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 (5,025 here; floor ≥1,000).
Similar median household income
Nearest cross-state ZIPs by ACS median household income.