49620 Income Statistics

Comparison to Surrounding Areas

49620 Median Household Income

The median household income ($75,192) for 49620 is less than the median household income for 49643 ($81,222), Grand Traverse County ($81,647), Grant township ($81,250), and Wexford township ($77,563). But it's more than 49683 ($61,250), 49649 ($74,656), 49663 ($55,733), 49668 ($57,583), 49625 ($52,583), 49637 ($75,000), Wexford County ($61,085), Mayfield township ($74,432), and Hanover township ($68,214).

49620$75,192
Grant township$81,250
Mayfield township$74,432
Hanover township$68,214
Wexford township$77,563
Grand Traverse County$81,647
Wexford County$61,085

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49620 Average Household Income

The average household income ($82,423) for 49620 is less than the average household income for 49637 ($89,627), 49643 ($93,734), 49649 ($94,024), Grand Traverse County ($105,300), Hanover township ($85,925), Grant township ($100,582), and Mayfield township ($91,944). But it's more than 49625 ($59,506), 49663 ($70,133), 49668 ($65,454), 49683 ($78,676), Wexford County ($78,703), and Wexford township ($81,040).

49620$82,423
Grant township$100,582
Mayfield township$91,944
Hanover township$85,925
Wexford township$81,040
Grand Traverse County$105,300
Wexford County$78,703

Get Average Household Income for all Zip Codes in Michigan.

49620 Per-Capita Income

The per-capita income for 49620 is $29,922. The per capita income ($29,922) for 49620 is less than the per capita income for 49643 ($38,963), 49637 ($32,867), 49683 ($35,441), 49649 ($32,458), Grand Traverse County ($45,034), Wexford County ($31,949), Wexford township ($31,617), Hanover township ($31,628), Mayfield township ($34,517), and Grant township ($37,168). But it's more than 49625 ($22,684), 49663 ($26,070), and 49668 ($27,166).

49620$29,922
Grant township$37,168
Mayfield township$34,517
Hanover township$31,628
Wexford township$31,617
Grand Traverse County$45,034
Wexford County$31,949

Get Per-Capita Income for all Zip Codes in Michigan.

49620 High Income Households

3.1% of households make over $200,000 a year. The percent high income households (3.1%) for 49620 is less than the percent high income households for 49649 (6.2%), 49643 (4.2%), 49683 (4.6%), Grand Traverse County (9.7%), Wexford County (4.6%), Wexford township (4.4%), Hanover township (4.4%), Mayfield township (4.9%), and Grant township (6.9%). But it's more than 49625 (2.2%), 49637 (2.2%), 49663 (2.4%), and 49668 (1.4%).

496203.1%
Grant township6.9%
Mayfield township4.9%
Hanover township4.4%
Wexford township4.4%
Grand Traverse County9.7%
Wexford County4.6%

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49620 Median Household Income by Age of Householder

under 25 years 25 to 44 years 45 to 64 years 65 years and over
49620$56,833$93,816$94,583$47,625
Grant township$51,250$96,750$91,667$57,813
Mayfield township$-1$80,990$80,250$50,556
Hanover township$56,167$61,667$94,722$61,250
Wexford township$-1$79,028$99,688$47,857
Grand Traverse County$52,834$94,489$95,999$61,808
Wexford County$52,768$72,472$72,825$43,843

Get Median Household Income by Age of Householder for all Zip Codes in Michigan.

49620 Map

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About the Data

Data Sources

All income statistics above are the most current, comparable income statistics available from the US Census Bureau and are from the American Community Survey 2024 5-year estimates. You can find this information and other demographics for 49620 on the US Census Bureau’s website. These values are in 2024 inflation-adjusted dollars and were downloaded on 29 January 2026.

The following data tables were used:

  • B19001 Household Income in the Past 12 Months (in 2024 inflation-adjusted dollars)
  • B19013 Median Household Income in the Past 12 Months (in 2024 inflation-adjusted dollars)
  • B19301 Per Capita Income in the Past 12 Months (in 2024 inflation-adjusted dollars)
  • S1902 Mean Income in the Past 12 Months (in 2024 inflation-adjusted dollars)
  • B19049 Median Household Income in the Past 12 Months (in 2024 inflation-adjusted dollars) By Age Of Householder

Margins of Error

Margins of error for the income data are:

Median Household Income Average Household Income Per Capita Income High Income Households Median Household Income by Age of Householder
under 25 25 to 44 45 to 64 65+
49620+/-$7,552+/-$5,553+/-$2,637+/-2.3%+/-$36,360+/-$9,650+/-$18,618+/-$8,962
Grant township+/-$18,496+/-$21,367+/-$7,679+/-4.9%+/-$4,270+/-$6,946+/-$32,344+/-$25,476
Mayfield township+/-$12,503+/-$15,323+/-$6,317+/-2.8%+/-$-1+/-$3,748+/-$19,609+/-$16,202
Hanover township+/-$12,119+/-$10,141+/-$4,704+/-3.7%+/-$5,169+/-$30,385+/-$22,939+/-$10,127
Wexford township+/-$8,343+/-$7,771+/-$4,738+/-3.2%+/-$-1+/-$14,327+/-$14,365+/-$3,304
Grand Traverse County+/-$3,008+/-$3,395+/-$1,435+/-1.0%+/-$3,779+/-$5,849+/-$6,601+/-$5,506
Wexford County+/-$2,988+/-$3,152+/-$1,182+/-1.0%+/-$12,532+/-$9,413+/-$7,848+/-$5,021