Comparison to Surrounding Areas
The median household income ($55,759) for 49968 is less than the median household income for 49911 ($57,000), 49953 ($59,375), 54557 ($74,432), and Bessemer township ($56,016). But it's more than 49938 ($46,606), 49947 ($48,750), 49959 ($47,500), Gogebic County ($52,732), Marenisco township ($53,250), and Wakefield township ($54,375). And it's the same as Wakefield city ($55,759).
| 49968 | $55,759 |
| Bessemer township | $56,016 |
| Marenisco township | $53,250 |
| Wakefield township | $54,375 |
| Wakefield city | $55,759 |
| Gogebic County | $52,732 |
Get Median Household Income for all Zip Codes in Michigan.
The average household income ($79,410) for 49968 is less than the average household income for 54557 ($102,034) and Wakefield township ($96,576). But it's more than 49959 ($50,268), 49911 ($71,157), 49938 ($66,645), 49947 ($61,498), 49953 ($66,452), Gogebic County ($73,627), Bessemer township ($66,817), Marenisco township ($65,107), and Wakefield city ($74,254).
| 49968 | $79,410 |
| Bessemer township | $66,817 |
| Marenisco township | $65,107 |
| Wakefield township | $96,576 |
| Wakefield city | $74,254 |
| Gogebic County | $73,627 |
Get Average Household Income for all Zip Codes in Michigan.
The per-capita income for 49968 is $36,767. The per capita income ($36,767) for 49968 is less than the per capita income for 54557 ($55,106) and Wakefield township ($46,110). But it's more than 49959 ($24,016), 49911 ($31,597), 49938 ($34,454), 49947 ($34,576), 49953 ($34,882), Gogebic County ($36,519), Bessemer township ($29,356), Marenisco township ($35,284), and Wakefield city ($34,648).
| 49968 | $36,767 |
| Bessemer township | $29,356 |
| Marenisco township | $35,284 |
| Wakefield township | $46,110 |
| Wakefield city | $34,648 |
| Gogebic County | $36,519 |
Get Per-Capita Income for all Zip Codes in Michigan.
8.3% of households make over $200,000 a year. The percent high income households (8.3%) for 49968 is less than the percent high income households for 54557 (9.8%) and Wakefield township (20.0%). But it's more than 49959 (0.0%), 49911 (0.6%), 49938 (4.3%), 49947 (2.3%), 49953 (1.5%), Gogebic County (4.5%), Bessemer township (0.0%), Marenisco township (3.2%), and Wakefield city (5.3%).
| 49968 | 8.3% |
| Bessemer township | 0.0% |
| Marenisco township | 3.2% |
| Wakefield township | 20.0% |
| Wakefield city | 5.3% |
| 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 | |
|---|---|---|---|---|
| 49968 | $39,688 | $81,875 | $57,188 | $48,083 |
| Bessemer township | $-1 | $47,639 | $78,125 | $42,639 |
| Marenisco township | $-1 | $-1 | $68,750 | $39,464 |
| Wakefield township | $37,813 | $67,750 | $98,500 | $38,125 |
| Wakefield city | $65,000 | $82,188 | $53,472 | $50,521 |
| 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 49968 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+ | |||||
| 49968 | +/-$6,823 | +/-$10,881 | +/-$4,264 | +/-5.0% | +/-$34,960 | +/-$38,611 | +/-$16,595 | +/-$9,047 |
| Bessemer township | +/-$7,459 | +/-$9,532 | +/-$4,563 | +/-5.4% | +/-$-1 | +/-$29,297 | +/-$48,246 | +/-$8,591 |
| Marenisco township | +/-$9,003 | +/-$9,554 | +/-$5,190 | +/-2.7% | +/-$-1 | +/-$-1 | +/-$29,873 | +/-$13,965 |
| Wakefield township | +/-$17,830 | +/-$32,901 | +/-$10,234 | +/-17.3% | +/-$15,198 | +/-$35,320 | +/-$95,295 | +/-$14,674 |
| Wakefield city | +/-$8,348 | +/-$12,860 | +/-$4,826 | +/-4.9% | +/-$34,174 | +/-$44,369 | +/-$15,506 | +/-$8,963 |
| Gogebic County | +/-$3,913 | +/-$6,063 | +/-$2,662 | +/-1.3% | +/-$16,817 | +/-$15,163 | +/-$9,113 | +/-$5,311 |