49968 Income Statistics

Comparison to Surrounding Areas

49968 Median Household Income

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.

49968 Average Household Income

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.

49968 Per-Capita Income

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.

49968 High Income Households

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%).

499688.3%
Bessemer township0.0%
Marenisco township3.2%
Wakefield township20.0%
Wakefield city5.3%
Gogebic County4.5%

Get High Income Households for all Zip Codes in Michigan.

49968 Median Household Income by Age of Householder

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.

49968 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 49968 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+
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