49620 Map

49620 Income Statistics

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Comparison to Surrounding Areas

49620 Median Household Income

The median household income ($68,393) for 49620 is less than the median household income for 49637 ($74,088), 49643 ($78,065), 49649 ($69,124), Grand Traverse County ($75,553), Grant township ($86,719), and Mayfield township ($70,119). But it's more than 49625 ($45,625), 49663 ($52,576), 49668 ($53,587), 49683 ($48,906), Wexford County ($58,652), Hanover township ($63,869), and Wexford township ($67,750).

49620$68,393
Grant township$86,719
Mayfield township$70,119
Hanover township$63,869
Wexford township$67,750
Grand Traverse County$75,553
Wexford County$58,652

49620 Average Household Income

The average household income ($73,598) for 49620 is less than the average household income for 49643 ($92,000), 49637 ($85,885), 49649 ($88,340), Grand Traverse County ($96,733), Wexford County ($74,610), Hanover township ($76,738), Mayfield township ($86,580), and Grant township ($98,393). But it's more than 49625 ($56,489), 49663 ($66,203), 49668 ($62,720), 49683 ($66,541), and Wexford township ($68,584).

49620$73,598
Grant township$98,393
Mayfield township$86,580
Hanover township$76,738
Wexford township$68,584
Grand Traverse County$96,733
Wexford County$74,610

49620 Per-Capita Income

The per-capita income for 49620 is $25,790. The per capita income ($25,790) for 49620 is less than the per capita income for 49683 ($30,843), 49637 ($28,688), 49643 ($36,533), 49649 ($29,273), 49668 ($25,833), Grand Traverse County ($40,644), Wexford County ($29,617), Grant township ($32,587), Mayfield township ($30,152), and Hanover township ($27,770). But it's more than 49625 ($25,527), 49663 ($24,905), and Wexford township ($25,404).

49620$25,790
Grant township$32,587
Mayfield township$30,152
Hanover township$27,770
Wexford township$25,404
Grand Traverse County$40,644
Wexford County$29,617

49620 High Income Households

1.0% of households make over $200,000 a year. The percent high income households (1.0%) for 49620 is more than 49683 (2.7%), 49625 (1.2%), 49637 (2.6%), 49643 (4.4%), 49649 (6.2%), 49663 (2.1%), 49668 (1.5%), Wexford County (3.6%), Grand Traverse County (7.4%), Grant township (7.9%), Mayfield township (5.3%), Hanover township (1.0%), and Wexford township (0.0%).

496201.0%
Grant township7.9%
Mayfield township5.3%
Hanover township1.0%
Wexford township0.0%
Grand Traverse County7.4%
Wexford County3.6%

49620 Median Household Income by Age of Householder

under 25 years 25 to 44 years 45 to 64 years 65 years and over
49620$85,000$75,455$78,333$51,827
Grant township$-1$88,125$93,750$61,806
Mayfield township$-1$70,750$87,500$37,292
Hanover township$53,500$58,125$74,531$59,375
Wexford township$-1$75,156$73,125$40,125
Grand Traverse County$33,050$84,985$84,315$59,583
Wexford County$42,262$71,315$65,203$43,667

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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 2022 5-year estimates. You can find this information and other demographics for 49620 on the US Census Bureau’s website. These values are in 2022 inflation-adjusted dollars and were downloaded on 7 December 2023.

The following data tables were used:

  • B19001 Household Income in the Past 12 Months (in 2022 inflation-adjusted dollars)
  • B19013 Median Household Income in the Past 12 Months (in 2022 inflation-adjusted dollars)
  • B19301 Per Capita Income in the Past 12 Months (in 2022 inflation-adjusted dollars)
  • S1902 Mean Income in the Past 12 Months (in 2022 inflation-adjusted dollars)
  • B19049 Median Household Income in the Past 12 Months (in 2022 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+/-$7,431+/-$5,247+/-$2,312+/-0.8%+/-$36,582+/-$14,612+/-$18,864+/-$10,875
Grant township+/-$8,937+/-$13,570+/-$4,957+/-5.3%+/-$-1+/-$13,702+/-$28,939+/-$11,692
Mayfield township+/-$12,632+/-$12,957+/-$4,570+/-3.2%+/-$-1+/-$21,693+/-$26,950+/-$19,148
Hanover township+/-$9,597+/-$9,179+/-$4,038+/-1.0%+/-$21,698+/-$19,291+/-$5,727+/-$6,596
Wexford township+/-$12,764+/-$7,015+/-$3,233+/-7.1%+/-$-1+/-$9,076+/-$16,161+/-$7,031
Grand Traverse County+/-$2,259+/-$3,540+/-$1,431+/-1.0%+/-$7,582+/-$6,765+/-$7,659+/-$4,102
Wexford County+/-$3,406+/-$3,833+/-$1,376+/-0.8%+/-$15,035+/-$4,414+/-$4,931+/-$2,988