Ironwood, MI · standard
ZIP Code 49938
Gogebic County, Michigan - Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.
- 7,945
- 13/sq mi
- $46,606
- Median income
- $104,000
- Median home value
- 25.4%
- Bachelor's or higher
The verdict
Ironwood pairs one of the lowest household incomes in the country with among the most affordable home values nationally, in a rural, homeowner-dominated area.
- 11th pct
- household income, US ZIPs
- 11th pct
- home value, US ZIPs
- 13
- people per sq mi
- 77%
- owner-occupied homes
Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 49938 against every reporting US ZIP.
ZIP code 49938 is classified by USPS as a standard delivery area and covers roughly 615.9 square miles in Ironwood, Gogebic County, Michigan. The area is home to 7,945 residents, producing a population density of 13 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 49938 against Michigan and the nation.
On the economic side, the median household income for ZIP 49938 sits at $46,606 (36% below the Michigan average), while per-capita income is $34,454. The poverty rate stands at 15.1% and the unemployment rate at 8.1%. On housing, the median home value is $104,000 (53% below the state average) with median rent at $628 per month, and 77.4% of occupied units are owner-occupied, a direct signal of whether 49938 behaves more like a homeowner neighborhood or a renter-heavy ZIP.
Education and household profile round out the picture: 25.4% of adults hold a bachelor's degree or higher, the median age is 50, and the average commute is —. We also surface 3 nearby ZIP codes within roughly 10 miles and 5 additional ZIPs sharing Gogebic County, so you can benchmark 49938 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 49938
Top 5 sectors by establishment count
Which industries have the most business establishments in ZIP 49938.
- Retail trade
Retail trade
41 establishments
- Accommodation and food services
Accommodation and food services
28 establishments
- Other services (except public administration)
Other services (except public administration)
24 establishments
- Construction
Construction
20 establishments
- Health care and social assistance
Health care and social assistance
17 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 + HUD FMR + FHFA HPI ACS demographics, ZBP business establishments, HUD Fair Market Rents, FHFA HPI for ZIP 49938, Ironwood, 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
7,945
Population
615.9
Area (sq mi)
13
People / sq mi
Menominee
Time Zone
standard
ZIP Type
Who lives in ZIP 49938?
50.0
Median Age
50.6%
Male
49.4%
Female
1.1%
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?
$46,606
Median Household Income
-36% vs state
$34,454
Per Capita Income
15.1%
Poverty Rate
8.1%
Unemployment Rate
How ZIP 49938 ranks nationally
Household income vs. every US ZIP code
Median household income — the full national distribution, with this ZIP marked
$46,606 11th percentile higher than 11% of 30,318 US ZIPs
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?
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
What does housing look like?
4,754
Total Housing Units
3,759
Occupied Units
995
Vacant Units
1.94
Avg Household Size
Occupancy Type
$104,000
Median Home Value
-53% vs state
$628
Median Rent
1948
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
+16.8%
YoY Change (2024)
242
HPI Index (2000 = 100)
+142%
Total Change Since 2000
Home values in ZIP 49938 have increased 16.8% over the past year (2024). Since 2000, this ZIP has seen +142% cumulative appreciation.
| Year | Annual Change | HPI Index |
|---|---|---|
| 2020 | -2.0% | 131 |
| 2021 | +14.4% | 150 |
| 2022 | +27.1% | 191 |
| 2023 | +8.6% | 208 |
| 2024 | +16.8% | 242 |
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 210 business establishments in ZIP 49938, employing approximately 2,668 people with a combined annual payroll of $98,374,000.
210
Businesses
2,668
Employees
$98.4M
Annual Payroll
15
Industry Sectors
| Industry | Establishments | % of Total |
|---|---|---|
| Retail trade | 41 | 19.5% |
| Accommodation and food services | 28 | 13.3% |
| Other services (except public administration) | 24 | 11.4% |
| Construction | 20 | 9.5% |
| Health care and social assistance | 17 | 8.1% |
| Finance and insurance | 14 | 6.7% |
| Manufacturing | 13 | 6.2% |
| Professional, scientific, and technical services | 11 | 5.2% |
| Real estate and rental and leasing | 7 | 3.3% |
| Transportation and warehousing | 6 | 2.9% |
| Information | 6 | 2.9% |
| Administrative and support and waste management and remediation services | 6 | 2.9% |
| Wholesale trade | 5 | 2.4% |
| Arts, entertainment, and recreation | 5 | 2.4% |
| Agriculture, forestry, fishing and hunting | 4 | 1.9% |
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 49938 vs 49911 →
ZIP 49938 vs its nearest neighbors, by population
Resident population of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 49938
Ironwood (49938)
7,945 residents
- 49911 2,744
Bessemer (49911)
2,744 residents
- 49959 344
Ramsay (49959)
344 residents
- 54525 279
Gile (54525)
279 residents
What this shows Among its immediate neighbors, ZIP 49938 ranks the most populous — useful context the national average alone can't give.
ZIP 49938 vs its nearest neighbors, by median income
Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 54525
Gile (54525)
$74,375 median income
- 49911
Bessemer (49911)
$57,000 median income
- 49959
Ramsay (49959)
$47,500 median income
- 49938
Ironwood (49938)
$46,606 median income
What this shows By household income, ZIP 49938 ranks #4 of 4 neighboring ZIPs — local affluence varies block to block, not just metro to metro.
More ZIP Codes in Gogebic County
Related Areas
Frequently Asked Questions
What county is ZIP code 49938 in? ▼
What is the population of ZIP code 49938? ▼
What is the median household income in ZIP 49938? ▼
What is the average home value in ZIP 49938? ▼
What is the demographic makeup of ZIP 49938? ▼
How many businesses are in ZIP code 49938? ▼
What are the main industries in ZIP code 49938? ▼
How have home values changed in ZIP code 49938? ▼
What is the education level in ZIP code 49938? ▼
What percentage of residents own vs. rent in ZIP 49938? ▼
What is the poverty rate in ZIP code 49938? ▼
ZIP Code Research Guides
Official Data Resources for Ironwood, MI
Verify and explore additional data for this area using these official government sources.
Read our methodology to see how this data is sourced, computed, and verified.