49620 Map

49620 Income Statistics

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Comparison to Surrounding Areas

49620 Median Household Income

The median household income ($74,313) for 49620 is less than the median household income for 49637 ($74,871), 49643 ($81,061), Grand Traverse County ($79,486), Grant township ($85,500), and Wexford township ($76,042). But it's more than 49683 ($57,875), 49649 ($73,021), 49663 ($55,513), 49668 ($59,730), 49625 ($47,083), Wexford County ($63,123), Mayfield township ($65,000), and Hanover township ($68,750).

49620$74,313
Grant township$85,500
Mayfield township$65,000
Hanover township$68,750
Wexford township$76,042
Grand Traverse County$79,486
Wexford County$63,123

49620 Average Household Income

The average household income ($81,135) for 49620 is less than the average household income for 49637 ($82,976), 49643 ($94,683), 49649 ($90,677), Grand Traverse County ($102,115), Hanover township ($86,664), Grant township ($106,034), and Mayfield township ($87,607). But it's more than 49625 ($55,839), 49663 ($70,850), 49668 ($67,129), 49683 ($71,558), Wexford County ($80,750), and Wexford township ($75,782).

49620$81,135
Grant township$106,034
Mayfield township$87,607
Hanover township$86,664
Wexford township$75,782
Grand Traverse County$102,115
Wexford County$80,750

49620 Per-Capita Income

The per-capita income for 49620 is $28,590. The per capita income ($28,590) for 49620 is less than the per capita income for 49643 ($37,791), 49637 ($31,128), 49683 ($32,318), 49649 ($30,489), Grand Traverse County ($43,501), Wexford County ($32,302), Hanover township ($30,342), Mayfield township ($31,529), and Grant township ($35,366). But it's more than 49625 ($23,564), 49663 ($26,617), 49668 ($26,896), and Wexford township ($27,477).

49620$28,590
Grant township$35,366
Mayfield township$31,529
Hanover township$30,342
Wexford township$27,477
Grand Traverse County$43,501
Wexford County$32,302

49620 High Income Households

1% of households make over $200,000 a year. The percent high income households (1.0%) for 49620 is less than the percent high income households for 49683 (3.2%), 49637 (1.4%), 49643 (5.2%), 49649 (6.0%), 49663 (2.7%), 49668 (2.0%), Grand Traverse County (8.1%), Wexford County (4.6%), Grant township (9.5%), Mayfield township (4.2%), Hanover township (2.3%), and Wexford township (1.3%). But it's more than 49625 (0.7%).

496201.0%
Grant township9.5%
Mayfield township4.2%
Hanover township2.3%
Wexford township1.3%
Grand Traverse County8.1%
Wexford County4.6%

49620 Median Household Income by Age of Householder

under 25 years 25 to 44 years 45 to 64 years 65 years and over
49620$89,063$84,583$95,341$53,661
Grant township$130,769$95,833$93,750$63,750
Mayfield township$-1$75,625$80,313$43,500
Hanover township$55,417$59,779$97,083$60,536
Wexford township$-1$78,906$85,833$44,625
Grand Traverse County$43,493$87,457$94,377$59,488
Wexford County$51,705$77,008$71,938$44,897

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About the Data

Sources & Margins of Error

All income statistics above are the most current, comparable income statistics available from the US Census Bureau and are from the American Community Survey 2023 5-year estimates. You can find this information and other demographics for 49620 on the US Census Bureau’s website. These values are in 2023 inflation-adjusted dollars and were downloaded on 12 December 2024.

The following data tables were used:

  • B19001 Household Income in the Past 12 Months (in 2023 inflation-adjusted dollars)
  • B19013 Median Household Income in the Past 12 Months (in 2023 inflation-adjusted dollars)
  • B19301 Per Capita Income in the Past 12 Months (in 2023 inflation-adjusted dollars)
  • S1902 Mean Income in the Past 12 Months (in 2023 inflation-adjusted dollars)
  • B19049 Median Household Income in the Past 12 Months (in 2023 inflation-adjusted dollars) By Age Of Householder

Margins of error for the above 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+
49620+/-$9,143+/-$5,455+/-$2,560+/-0.9%+/-$40,672+/-$14,241+/-$37,718+/-$7,233
Grant township+/-$12,041+/-$19,889+/-$6,156+/-5.2%+/-$80,858+/-$12,409+/-$22,846+/-$14,900
Mayfield township+/-$14,242+/-$13,877+/-$5,351+/-2.5%+/-$-1+/-$14,219+/-$19,332+/-$20,451
Hanover township+/-$11,758+/-$9,322+/-$4,594+/-1.9%+/-$2,462+/-$26,206+/-$47,454+/-$4,043
Wexford township+/-$5,247+/-$6,819+/-$3,189+/-1.5%+/-$-1+/-$17,316+/-$19,473+/-$2,926
Grand Traverse County+/-$2,455+/-$3,591+/-$1,426+/-1.0%+/-$12,460+/-$7,352+/-$4,579+/-$4,982
Wexford County+/-$2,951+/-$4,067+/-$1,419+/-0.9%+/-$13,803+/-$5,995+/-$5,831+/-$4,749