Hancock, MI · standard
ZIP Code 49930
Houghton County, Michigan - Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.
- 6,987
- 55/sq mi Moderate-density area
- $72,314
- Median income Near-median income area
- $214,000
- Median home value Near-median home value
- 43.0%
- Bachelor's or higher Above-average bachelor's attainment
National ZIP placement
Hancock pairs an above-median household income with below-median home values, in a rural, homeowner-dominated area.
- Top 50%
- household income, US ZIPs
- 47th pct
- home value, US ZIPs
- 55
- people per sq mi
- 66%
- owner-occupied homes
Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 49930 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 49930 (Hancock, MI) rose +7.5% from 2023 to 2024. The all-transactions index moved from 253.9 in 2023 to 272.9 in 2024 (2000 = 100).
ZIP code 49930 is a mid-sized community (a standard USPS delivery area) in Hancock, Houghton County, Michigan, home to 6,987 residents across 126.8 square miles, a density of 55 people per square mile, in the Detroit time zone.
ZIP 49930 lands in the middle-income range, with a median household income of $72,314 (1% below the average Michigan ZIP), while per-capita income is $34,760. The poverty rate is 14.2%, with unemployment at 1.7%; those measures add context to the income figure. Median home value is $214,000 (3% below the average Michigan ZIP) and median rent is $841; 65.8% of occupied homes are owner-occupied.
A solid share of residents have a four-year degree: 43.0% of adults hold a bachelor's degree or higher, the median age is 32, and the average commute is 12 minutes. The page also surfaces 8 ZIP codes within roughly 10 miles and 6 more in Houghton County, so 49930 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 →
Top industries in ZIP 49930
Top 5 sectors by establishment count in Hancock, MI
Which industries have the most business establishments in ZIP 49930.
- Construction
Construction
29 establishments
- Health care and social assistance
Health care and social assistance
27 establishments
- Retail trade
Retail trade
25 establishments
- Other services (except public administration)
Other services (except public administration)
19 establishments
- Professional, scientific, and technical services
Professional, scientific, and technical services
18 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 49930, Hancock, 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
6,987
Population
126.8
Area (sq mi)
55
People / sq mi
Detroit
Time Zone
standard
ZIP Type
Who lives in ZIP 49930?
32.0
Median Age
52.8%
Male
47.2%
Female
3.3%
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?
$72,314
Median Household Income
-1% vs state ZIP avg
$34,760
Per Capita Income
14.2%
Poverty Rate
1.7%
Unemployment Rate
12.4 min
Mean Commute Time
How ZIP 49930 ranks among Michigan ZIPs
Hancock, 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)
$72,314 Top 44% higher than 56% 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
3,369housing units
3,369
Total Housing Units
2,801
Occupied Units
568
Vacant Units
2.46
Avg Household Size
Occupancy Type
$214,000
Median Home Value
-3% vs state ZIP avg
$841
Median Rent
1959
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
+7.5%
YoY Change (2024)
273
HPI Index (2000 = 100)
+173%
Total Change Since 2000
Home values in ZIP 49930 have increased 7.5% over the past year (2024). Since 2000, this ZIP has seen +173% cumulative appreciation.
| Year | Annual Change | HPI Index |
|---|---|---|
| 2020 | +3.0% | 165 |
| 2021 | +11.2% | 184 |
| 2022 | +16.6% | 214 |
| 2023 | +18.5% | 254 |
| 2024 | +7.5% | 273 |
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 193 business establishments in ZIP 49930, employing approximately 2,210 people with a combined annual payroll of $105,419,000.
193
Businesses
2,210
Employees
$105.4M
Annual Payroll
16
Industry Sectors
| Industry | Establishments | % of Total |
|---|---|---|
| Construction | 29 | 15.0% |
| Health care and social assistance | 27 | 14.0% |
| Retail trade | 25 | 12.9% |
| Other services (except public administration) | 19 | 9.8% |
| Professional, scientific, and technical services | 18 | 9.3% |
| Accommodation and food services | 16 | 8.3% |
| Finance and insurance | 14 | 7.3% |
| Information | 7 | 3.6% |
| Educational services | 7 | 3.6% |
| Manufacturing | 5 | 2.6% |
| Wholesale trade | 5 | 2.6% |
| Agriculture, forestry, fishing and hunting | 4 | 2.1% |
| Transportation and warehousing | 4 | 2.1% |
| Real estate and rental and leasing | 4 | 2.1% |
| Administrative and support and waste management and remediation services | 4 | 2.1% |
| Arts, entertainment, and recreation | 4 | 2.1% |
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 49930 vs 49931 →
ZIP 49930 vs its nearest neighbors, by population
Resident population of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 49931
Houghton (49931)
9,630 residents
- 49913
Calumet (49913)
7,248 residents
- 49930
Hancock (49930)
6,987 residents
- 49922 1,043
Dollar Bay (49922)
1,043 residents
- 49963 1,024
South Range (49963)
1,024 residents
- 49934 900
Hubbell (49934)
900 residents
- 49921 360
Dodgeville (49921)
360 residents
- 49901 346
Ahmeek (49901)
346 residents
- 49942 156
Kearsarge (49942)
156 residents
What this shows Among its immediate neighbors, ZIP 49930 ranks #3 by population - useful context the national average alone can't give.
ZIP 49930 vs its nearest neighbors, by median income
Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 49930
Hancock (49930)
$72,314 median income
- 49963
South Range (49963)
$58,958 median income
- 49922
Dollar Bay (49922)
$55,313 median income
- 49942
Kearsarge (49942)
$54,722 median income
- 49913
Calumet (49913)
$53,571 median income
- 49931
Houghton (49931)
$50,408 median income
- 49901
Ahmeek (49901)
$47,639 median income
- 49934
Hubbell (49934)
$47,386 median income
What this shows By household income, ZIP 49930 ranks the highest of 8 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 49930, 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 (6,987 here; floor ≥1,000).
Similar median household income
Nearest cross-state ZIPs by ACS median household income.
More ZIP Codes in Houghton County
Related Areas
Frequently Asked Questions
What county is ZIP code 49930 in?
ZIP code 49930 (Hancock) is located in Houghton County, Michigan. Houghton County contains multiple ZIP codes, see the full list at /counties/houghton-mi.
What is the population of ZIP code 49930?
ZIP code 49930 in Hancock, MI has a population of 6,987 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 49930?
The median household income in ZIP 49930 is $72,314, which is 5% below the national average of $76,288.
What is the average home value in ZIP 49930?
The median home value in ZIP 49930 is $214,000, which is 23% below the national average of $278,155.
What is the demographic makeup of ZIP 49930?
The largest racial group in ZIP 49930 is White at 94.4%. Hispanic or Latino residents make up 1.7% of the population.
How many businesses are in ZIP code 49930?
ZIP code 49930 has 193 business establishments employing approximately 2,210 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 49930?
The top industries by establishment count in ZIP 49930 are: Construction (29), Health care and social assistance (27), Retail trade (25). There are 16 industry sectors represented in total.
How have home values changed in ZIP code 49930?
According to the FHFA House Price Index, home values in ZIP 49930 increased by 7.5% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 173%. 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 49930?
In ZIP code 49930, 69.5% of residents aged 25+ have a high school diploma or higher, and 43.0% 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 49930?
The mean commute time for workers in ZIP code 49930 is 12.4 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 49930?
In ZIP code 49930, approximately 65.8% of occupied housing units are owner-occupied and 34.2% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 49930?
The poverty rate in ZIP code 49930 is 14.2% 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 49930's numbers, next.
- See how ZIP 49930 compares to a neighboring ZIP code on the same Census fields Compare this ZIP
- Check where Hancock, 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.