PlainZIP

Iron River, MI · standard

ZIP Code 49935

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

6,096
5/sq mi
$57,236
Median income
$111,500
Median home value
22.9%
Bachelor's or higher

The verdict

Iron River pairs one of the lowest household incomes in the country with among the most affordable home values nationally, in a rural, homeowner-dominated area.

24th pct
household income, US ZIPs
13th pct
home value, US ZIPs
5
people per sq mi
80%
owner-occupied homes

Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 49935 against every reporting US ZIP.

ZIP code 49935 is classified by USPS as a standard delivery area and covers roughly 1219.2 square miles in Iron River, Iron County, Michigan. The area is home to 6,096 residents, producing a population density of 5 people per square mile, and falls within the Menominee time zone. These USPS and Census boundary values drive every downstream statistic on this page, including the benchmarks that compare 49935 against Michigan and the nation.

On the economic side, the median household income for ZIP 49935 sits at $57,236 (22% below the Michigan average), while per-capita income is $33,088. The poverty rate stands at 15.8% and the unemployment rate at 4.3%. On housing, the median home value is $111,500 (49% below the state average) with median rent at $490 per month, and 80.4% of occupied units are owner-occupied, a direct signal of whether 49935 behaves more like a homeowner neighborhood or a renter-heavy ZIP.

Education and household profile round out the picture: 22.9% of adults hold a bachelor's degree or higher, the median age is 51.4, and the average commute is 18 minutes. We also surface 1 nearby ZIP codes within roughly 10 miles and 5 additional ZIPs sharing Iron County, so you can benchmark 49935 against its immediate geography rather than a national average alone. 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 49935

Top 5 sectors by establishment count

Which industries have the most business establishments in ZIP 49935.

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 49935, Iron River, 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

6,096

Population

1219.2

Area (sq mi)

5

People / sq mi

Menominee

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 49935?

51.4

Median Age

49.7%

Male

50.3%

Female

0.8%

Foreign-Born

White 90.7%
African American 1.0%
Asian 0.8%
American Indian or Alaska Native 0.8%
Native Hawaiian or Pacific Islander 0.0%
Two or More Ethnicities 4.4%
Hispanic or Latino 2.9%

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?

$57,236

Median Household Income

-22% vs state

$33,088

Per Capita Income

15.8%

Poverty Rate

4.3%

Unemployment Rate

17.7 min

Mean Commute Time

How ZIP 49935 ranks nationally

Household income vs. every US ZIP code

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

$57,236 24th percentile higher than 24% 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%). This entry sits in this band. $60,000–$80,000: 9,980 US ZIPs (33%). Above this entry. $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 65.2%
Bachelor's Degree or Higher 22.9%

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

What does housing look like?

4,488

Total Housing Units

2,699

Occupied Units

1,789

Vacant Units

2.13

Avg Household Size

Occupancy Type

Owner 80.4%
Renter 19.6%

$111,500

Median Home Value

-49% vs state

$490

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

+2.6%

YoY Change (2024)

205

HPI Index (2000 = 100)

+105%

Total Change Since 2000

Home values in ZIP 49935 have increased 2.6% over the past year (2024). Since 2000, this ZIP has seen +105% cumulative appreciation.

Year Annual Change HPI Index
2020 -1.1% 127
2021 +8.8% 138
2022 +16.8% 161
2023 +23.9% 200
2024 +2.6% 205

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 190 business establishments in ZIP 49935, employing approximately 1,545 people with a combined annual payroll of $68,365,000.

190

Businesses

1,545

Employees

$68.4M

Annual Payroll

14

Industry Sectors

Industry Establishments % of Total
Construction 26 13.7%
Retail trade 23 12.1%
Other services (except public administration) 19 10.0%
Professional, scientific, and technical services 17 8.9%
Accommodation and food services 17 8.9%
Health care and social assistance 15 7.9%
Finance and insurance 13 6.8%
Transportation and warehousing 12 6.3%
Real estate and rental and leasing 12 6.3%
Manufacturing 9 4.7%
Information 7 3.7%
Agriculture, forestry, fishing and hunting 6 3.2%
Administrative and support and waste management and remediation services 6 3.2%
Wholesale trade 3 1.6%

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 49935 vs 49915 →

ZIP Code City Population Distance
49915 Caspian, MI 630 11.0 mi

More ZIP Codes in Iron County

49920 standard
Crystal Falls, MI
Pop: 4,273
49915 standard
Caspian, MI
Pop: 630
49927 standard
Gaastra, MI
Pop: 483
49902 standard
Alpha, MI
Pop: 145
49903 standard
Amasa, MI
Pop: 133

Related Areas

Iron County Iron River, MI Michigan

Frequently Asked Questions

What county is ZIP code 49935 in? ▼
ZIP code 49935 (Iron River) 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 49935? ▼
ZIP code 49935 in Iron River, MI has a population of 6,096 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 49935? ▼
The median household income in ZIP 49935 is $57,236, which is 25% below the national average of $76,288.
What is the average home value in ZIP 49935? ▼
The median home value in ZIP 49935 is $111,500, which is 60% below the national average of $278,155.
What is the demographic makeup of ZIP 49935? ▼
The largest racial group in ZIP 49935 is White at 90.7%. Hispanic or Latino residents make up 2.9% of the population.
How many businesses are in ZIP code 49935? ▼
ZIP code 49935 has 190 business establishments employing approximately 1,545 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 49935? ▼
The top industries by establishment count in ZIP 49935 are: Construction (26), Retail trade (23), Other services (except public administration) (19). There are 14 industry sectors represented in total.
How have home values changed in ZIP code 49935? ▼
According to the FHFA House Price Index, home values in ZIP 49935 increased by 2.6% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 105%. 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 49935? ▼
In ZIP code 49935, 65.2% of residents aged 25+ have a high school diploma or higher, and 22.9% 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 49935? ▼
The mean commute time for workers in ZIP code 49935 is 17.7 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 49935? ▼
In ZIP code 49935, 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 49935? ▼
The poverty rate in ZIP code 49935 is 15.8% 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 Iron River, 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.