49935 Zip Code

April 29, 2024

Zip Code:	49935
City/Town:	Iron River
State:	Michigan

Population:	6,096
Per Capita Income:	$20,597
Mean Household Income:	$46,134

Total Housing Units:	2,910
Median Home Value:	$51,300
Median Year Homes Built:	1955

Land Area:	474.8 sq miles 1,229.8 sq kilometers
Water Area:	12.9 sq miles 33.5 sq kilometers

Population Information (49935 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Total Population:

6,096

Male:

2,979

48.9%

49.2%

Female:

3,117

51.1%

50.8%

Median Age:

50.9 yrs

37.2 yrs

Under 5 years:

269

4.4%

6.5%

5 to 9 years:

287

5.3%

6.6%

10 to 19 years:

635

10.4%

13.8%

20 to 29 years:

505

8.3%

13.8%

30 to 39 years:

517

8.5%

13.0%

40 to 49 years:

737

12.1%

14.2%

50 to 59 years:

1,103

18.1%

13.6%

60 to 69 years:

924

15.2%

9.4%

70 to 79 years:

562

9.2%

5.4%

80 years and over:

557

9.1%

3.7%

Housing Information (49935 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Median home value:

$51,300

$119,600

Median year homes build:

1955

1971

Median real estate taxes:

$648 / yr.

$1,334 / yr.

Median rent:

$261 / mo.

$519 / mo.

Total households:

2,910

Family households:

1,695

58.2%

66.4%

Nonfamily households:

1,215

41.8%

33.6%

Households with individuals under 18 years:

590

20.3%

33.4%

Households with individuals 65 years and over:

1,123

38.6%

24.9%

Average household size:

2.1

Average family size:

2.7

Total housing units:

4,641

Occupied housing units:

2,910

62.7%

88.6%

Vacant housing units:

1,731

37.3%

11.4%

For rent:

112

2.4%

3.1%

Rented, not occupied:

0.1%

0.2%

For sale only:

117

2.5%

1.4%

Sold, not occupied:

0.3%

For seasonal, recreational, or occasional use:

1,273

27.4%

3.5%

All other vacants:

211

4.5%

2.8%

Homeowner vacancy rate:

4.8%

2.4%

Rental vacancy rate:

15.4%

9.2%

Owner-occupied housing units:

2,297

Population in owner-occupied housing units:

4,846

Average household size of owner-occupied units:

2.1

2.65

Renter-occupied housing units:

613

Population in renter-occupied housing units:

1,146

Average household size of renter-occupied units:

1.9

2.44

Educational Attainment (49935 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Population 25 years and over

4,319

Less than 9th grade:

194

4.5%

6.2%

9th to 12th grade, no diploma:

472

10.9%

8.7%

High school graduate (includes equivalency):

1,947

45.1%

29.0%

Some college, no degree:

863

20.0%

20.6%

Associate degree:

261

6.0%

7.5%

Bachelor's degree:

385

8.9%

17.6%

Graduate or professional degree:

197

4.6%

10.3%

Percent high school graduate or higher:

84.6%

85.0%

Percent bachelor's degree or higher:

13.5%

27.9%

Income Information (49935 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Mean household income:

$0 / yr.

$70,883

Per capita income:

$0 / yr.

$27,334

Males 15 years and over with income:

2,224

36.5%

50.4%

Median income:

$22,062 / yr.

$27,932 / yr.

Full-time, year-round workers:

843

13.8%

59.7%

Median income:

$30,933 / yr.

$38,349 / yr.

Females 15 years and over with income:

2,167

35.5%

49.6%

Median income:

$11,396 / yr.

$16,327 / yr.

Full-time, year-round workers:

592

9.7%

40.3%

Median income:

$21,925 / yr.

$28,135 / yr.

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