49945 Income Statistics

Comparison to Surrounding Areas

49945 Median Household Income

The median household income ($59,453) for 49945 is less than the median household income for 49916 ($74,625), 49930 ($72,314), Torch Lake township ($69,938), and Grant township ($85,000). But it's more than 49934 ($47,386), 49950 ($53,250), 49913 ($53,571), Keweenaw County ($52,583), Houghton County ($58,899), Sherman township ($37,344), and Schoolcraft township ($55,327).

49945$59,453
Schoolcraft township$55,327
Torch Lake township$69,938
Grant township$85,000
Sherman township$37,344
Houghton County$58,899
Keweenaw County$52,583

Get Median Household Income for all Zip Codes in Michigan.

49945 Average Household Income

The average household income ($77,258) for 49945 is less than the average household income for 49930 ($91,390), 49950 ($87,102), 49916 ($97,084), Keweenaw County ($82,119), Houghton County ($80,899), Grant township ($101,802), and Torch Lake township ($94,486). But it's more than 49913 ($65,854), 49934 ($55,128), Schoolcraft township ($68,474), and Sherman township ($47,250).

49945$77,258
Schoolcraft township$68,474
Torch Lake township$94,486
Grant township$101,802
Sherman township$47,250
Houghton County$80,899
Keweenaw County$82,119

Get Average Household Income for all Zip Codes in Michigan.

49945 Per-Capita Income

The per-capita income for 49945 is $36,726. The per capita income ($36,726) for 49945 is less than the per capita income for 49916 ($42,278), 49950 ($50,469), Keweenaw County ($45,090), Torch Lake township ($41,992), and Grant township ($48,314). But it's more than 49913 ($27,734), 49930 ($34,760), 49934 ($26,392), Houghton County ($31,893), Schoolcraft township ($28,522), and Sherman township ($23,328).

49945$36,726
Schoolcraft township$28,522
Torch Lake township$41,992
Grant township$48,314
Sherman township$23,328
Houghton County$31,893
Keweenaw County$45,090

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

49945 High Income Households

3.8% of households make over $200,000 a year. The percent high income households (3.8%) for 49945 is less than the percent high income households for 49930 (6.1%), 49950 (5.8%), 49916 (11.8%), Keweenaw County (5.7%), Houghton County (6.6%), Grant township (13.6%), and Torch Lake township (9.3%). But it's more than 49913 (2.9%), 49934 (0.0%), Schoolcraft township (1.1%), and Sherman township (0.0%).

499453.8%
Schoolcraft township1.1%
Torch Lake township9.3%
Grant township13.6%
Sherman township0.0%
Houghton County6.6%
Keweenaw County5.7%

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49945 Median Household Income by Age of Householder

under 25 years 25 to 44 years 45 to 64 years 65 years and over
49945$89,688$57,750$77,361$44,222
Schoolcraft township$89,688$56,500$67,917$41,250
Torch Lake township$-1$113,281$102,250$47,500
Grant township$-1$-1$106,250$63,750
Sherman township$-1$36,016$-1$58,750
Houghton County$30,278$75,754$85,839$48,668
Keweenaw County$-1$48,194$76,467$49,896

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

49945 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 49945 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+
49945+/-$9,963+/-$11,812+/-$5,404+/-4.1%+/-$70,131+/-$32,272+/-$18,514+/-$7,091
Schoolcraft township+/-$8,693+/-$7,643+/-$2,700+/-1.2%+/-$70,131+/-$7,630+/-$21,104+/-$9,783
Torch Lake township+/-$11,251+/-$16,821+/-$6,850+/-6.4%+/-$-1+/-$30,317+/-$21,713+/-$12,194
Grant township+/-$20,201+/-$18,008+/-$8,305+/-7.8%+/-$-1+/-$-1+/-$28,351+/-$21,098
Sherman township+/-$11,429+/-$8,688+/-$5,540+/-36.0%+/-$-1+/-$671+/-$-1+/-$7,325
Houghton County+/-$3,371+/-$3,550+/-$1,708+/-1.1%+/-$12,753+/-$7,215+/-$5,213+/-$4,228
Keweenaw County+/-$5,516+/-$9,613+/-$5,934+/-2.1%+/-$-1+/-$9,467+/-$11,941+/-$6,676