Comparison to Surrounding Areas
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 |
Get Median Household Income for all Zip Codes in Michigan.
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.
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.
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%).
| 49620 | 3.1% |
| Grant township | 6.9% |
| Mayfield township | 4.9% |
| Hanover township | 4.4% |
| Wexford township | 4.4% |
| Grand Traverse County | 9.7% |
| Wexford County | 4.6% |
Get High Income Households for all Zip Codes in Michigan.
| 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.
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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.
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 |