Caspian, MI · standard
ZIP Code 49915
Iron County, Michigan - Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.
- 630
- 270/sq mi High-density area
- $35,000
- Median income Below-median income area
- $79,100
- Median home value Below-median home value
- 13.7%
- Bachelor's or higher Below-average bachelor's attainment
National ZIP placement
Caspian pairs one of the lowest household incomes in the country with among the most affordable home values nationally, in a low-density, homeowner-dominated area.
- 3rd pct
- household income, US ZIPs
- 4th pct
- home value, US ZIPs
- 270
- people per sq mi
- 83%
- owner-occupied homes
Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 49915 against every reporting US ZIP.
ZIP code 49915 is a sparsely populated ZIP (a standard USPS delivery area) in Caspian, Iron County, Michigan, home to just 630 residents across 2.3 square miles, a density of 270 people per square mile, in the Menominee time zone.
ZIP 49915 sits on the lower end of the income spectrum: median household income is $35,000 (52% below the average Michigan ZIP), while per-capita income is $27,342. The poverty rate is 34.0%, so the area-level income figures should not be treated as typical household experience. Home values sit below the statewide ZIP benchmark: the median is $79,100 (64% below the average Michigan ZIP), and median rent is $780; owner occupancy is 83.0%.
Formal educational attainment runs low here: just 13.7% of adults hold a bachelor's degree or higher, the median age is 47.4, and the average commute is -. The page also surfaces 3 ZIP codes within roughly 10 miles and 5 more in Iron County, so 49915 can be compared with both its immediate and county-level context.
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 →
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 49915, Caspian, 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
630
Population
2.3
Area (sq mi)
270
People / sq mi
Menominee
Time Zone
standard
ZIP Type
Who lives in ZIP 49915?
47.4
Median Age
50.5%
Male
49.5%
Female
1.4%
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?
$35,000
Median Household Income
-52% vs state ZIP avg
$27,342
Per Capita Income
34.0%
Poverty Rate
5.0%
Unemployment Rate
How ZIP 49915 ranks among Michigan ZIPs
Caspian, MI household income vs. every Michigan ZIP code
Median household income among 962 reporting Michigan ZIPs (this ZIP's population is too small for a reliable national-corpus placement)
$35,000 2nd percentile higher than 2% of 962 Michigan ZIPs
Each bar is a $20K-wide band; taller bars hold more Michigan 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?
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
What does housing look like?
Housing stock: occupied vs vacant
359housing units
359
Total Housing Units
294
Occupied Units
65
Vacant Units
1.94
Avg Household Size
Occupancy Type
$79,100
Median Home Value
-64% vs state ZIP avg
$780
Median Rent
1946
Median Year Built
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
What businesses operate in this ZIP?
Census Bureau data shows 20 business establishments in ZIP 49915, employing approximately 100 people with a combined annual payroll of $3,229,000.
20
Businesses
100
Employees
$3.2M
Annual Payroll
2
Industry Sectors
| Industry | Establishments | % of Total |
|---|---|---|
| Retail trade | 5 | 25.0% |
| Construction | 3 | 15.0% |
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 49915 vs 49927 →
ZIP 49915 vs its nearest neighbors, by population
Resident population of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 49935
Iron River (49935)
6,096 residents
- 49915 630
Caspian (49915)
630 residents
- 49927 483
Gaastra (49927)
483 residents
- 54542 470
Long Lake (54542)
470 residents
What this shows Among its immediate neighbors, ZIP 49915 ranks #2 by population - useful context the national average alone can't give.
ZIP 49915 vs its nearest neighbors, by median income
Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 49935
Iron River (49935)
$57,236 median income
- 49927
Gaastra (49927)
$47,500 median income
- 54542
Long Lake (54542)
$46,607 median income
- 49915
Caspian (49915)
$35,000 median income
What this shows By household income, ZIP 49915 ranks #4 of 4 neighboring ZIPs, local affluence varies block to block, not just metro to metro.
Nationwide ZIPs with similar ACS profiles
Two Census-derived peer sets for ZIP 49915, both outside MI so the neighborhoods are not geographic containment (Nearby and same-county blocks stay local).
Similar median household income
Nearest cross-state ZIPs by ACS median household income.
More ZIP Codes in Iron County
Related Areas
Frequently Asked Questions
What county is ZIP code 49915 in?
ZIP code 49915 (Caspian) is located in Iron County, Michigan. Iron County contains multiple ZIP codes, see the full list at /counties/iron-mi.
What is the population of ZIP code 49915?
ZIP code 49915 in Caspian, MI has a population of 630 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 49915?
The median household income in ZIP 49915 is $35,000, which is 54% below the national average of $76,288.
What is the average home value in ZIP 49915?
The median home value in ZIP 49915 is $79,100, which is 72% below the national average of $278,155.
What is the demographic makeup of ZIP 49915?
The largest racial group in ZIP 49915 is White at 79.5%.
How many businesses are in ZIP code 49915?
ZIP code 49915 has 20 business establishments employing approximately 100 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What is the education level in ZIP code 49915?
In ZIP code 49915, 51.5% of residents aged 25+ have a high school diploma or higher, and 13.7% hold a bachelor's degree or higher. These figures come from the Census Bureau ACS 5-Year Estimates (2023).
What percentage of residents own vs. rent in ZIP 49915?
In ZIP code 49915, approximately 83.0% of occupied housing units are owner-occupied and 17.0% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 49915?
The poverty rate in ZIP code 49915 is 34.0% according to Census Bureau ACS 2023 estimates. This measures the percentage of the population living below the federal poverty threshold.
Related
Take this with you
What to do with ZIP 49915's numbers, next.
- See how ZIP 49915 compares to a neighboring ZIP code on the same Census fields Compare this ZIP
- Check where Caspian, MI ranks among every U.S. ZIP code on income, education, or homeownership View national rankings
- Save this ZIP to your shortlist to track alongside others you're considering View your shortlist
ZIP Code Tabulation Areas (ZCTAs) are Census Bureau approximations of USPS ZIP codes; figures describe the ZCTA area, not any single address within it.