Comparison to Surrounding Areas
The median household income ($46,606) for 49938 is less than the median household income for 54559 ($69,696), 49968 ($55,759), 54534 ($53,468), 54547 ($63,500), 54557 ($74,432), 49911 ($57,000), 49953 ($59,375), Gogebic County ($52,732), Bessemer township ($56,016), Erwin township ($67,500), and Ironwood charter township ($69,107). But it's more than Ironwood city ($41,250).
| 49938 | $46,606 |
| Bessemer township | $56,016 |
| Erwin township | $67,500 |
| Ironwood charter township | $69,107 |
| Ironwood city | $41,250 |
| Gogebic County | $52,732 |
Get Median Household Income for all Zip Codes in Michigan.
The average household income ($66,645) for 49938 is less than the average household income for 54559 ($78,584), 49968 ($79,410), 54534 ($74,736), 54547 ($74,953), 54557 ($102,034), 49911 ($71,157), Gogebic County ($73,627), Bessemer township ($66,817), Erwin township ($92,637), and Ironwood charter township ($90,231). But it's more than 49953 ($66,452) and Ironwood city ($55,947).
| 49938 | $66,645 |
| Bessemer township | $66,817 |
| Erwin township | $92,637 |
| Ironwood charter township | $90,231 |
| Ironwood city | $55,947 |
| Gogebic County | $73,627 |
Get Average Household Income for all Zip Codes in Michigan.
The per-capita income for 49938 is $34,454. The per capita income ($34,454) for 49938 is less than the per capita income for 54559 ($37,969), 54534 ($36,261), 54547 ($38,471), 54557 ($55,106), 49953 ($34,882), 49968 ($36,767), Gogebic County ($36,519), Erwin township ($48,538), and Ironwood charter township ($42,277). But it's more than 49911 ($31,597), Bessemer township ($29,356), and Ironwood city ($30,138).
| 49938 | $34,454 |
| Bessemer township | $29,356 |
| Erwin township | $48,538 |
| Ironwood charter township | $42,277 |
| Ironwood city | $30,138 |
| Gogebic County | $36,519 |
Get Per-Capita Income for all Zip Codes in Michigan.
4.3% of households make over $200,000 a year. The percent high income households (4.3%) for 49938 is less than the percent high income households for 49968 (8.3%), 54557 (9.8%), Gogebic County (4.5%), Erwin township (17.8%), and Ironwood charter township (7.4%). But it's more than 49953 (1.5%), 54547 (2.8%), 54559 (3.2%), 49911 (0.6%), 54534 (3.1%), Ironwood city (2.2%), and Bessemer township (0.0%).
| 49938 | 4.3% |
| Bessemer township | 0.0% |
| Erwin township | 17.8% |
| Ironwood charter township | 7.4% |
| Ironwood city | 2.2% |
| Gogebic County | 4.5% |
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 | |
|---|---|---|---|---|
| 49938 | $-1 | $45,788 | $57,672 | $35,690 |
| Bessemer township | $-1 | $47,639 | $78,125 | $42,639 |
| Erwin township | $-1 | $74,375 | $-1 | $41,071 |
| Ironwood charter township | $-1 | $101,071 | $90,694 | $60,750 |
| Ironwood city | $-1 | $43,922 | $50,943 | $28,203 |
| Gogebic County | $27,647 | $57,279 | $61,694 | $43,192 |
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 49938 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+ | |||||
| 49938 | +/-$5,906 | +/-$6,901 | +/-$3,228 | +/-1.8% | +/-$-1 | +/-$17,733 | +/-$10,055 | +/-$9,571 |
| Bessemer township | +/-$7,459 | +/-$9,532 | +/-$4,563 | +/-5.4% | +/-$-1 | +/-$29,297 | +/-$48,246 | +/-$8,591 |
| Erwin township | +/-$16,865 | +/-$28,563 | +/-$13,941 | +/-17.1% | +/-$-1 | +/-$34,827 | +/-$-1 | +/-$5,724 |
| Ironwood charter township | +/-$7,663 | +/-$11,378 | +/-$6,549 | +/-5.0% | +/-$-1 | +/-$45,905 | +/-$26,204 | +/-$10,960 |
| Ironwood city | +/-$4,418 | +/-$7,854 | +/-$4,029 | +/-1.4% | +/-$-1 | +/-$5,460 | +/-$7,776 | +/-$3,294 |
| Gogebic County | +/-$3,913 | +/-$6,063 | +/-$2,662 | +/-1.3% | +/-$16,817 | +/-$15,163 | +/-$9,113 | +/-$5,311 |