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49942 Income Statistics

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Comparison to Surrounding Areas

49942 Median Household Income

The median household income ($48,125) for 49942 is less than the median household income for Houghton County ($52,736). But it's more than 49913 ($46,801) and Calumet charter township ($45,423).

49942$48,125
Calumet charter township$45,423
Houghton County$52,736

49942 Average Household Income

The average household income ($56,895) for 49942 is less than the average household income for 49913 ($61,198) and Houghton County ($73,321). But it's more than Calumet charter township ($56,840).

49942$56,895
Calumet charter township$56,840
Houghton County$73,321

49942 Per-Capita Income

The per-capita income for 49942 is $47,000. The per capita income ($47,000) for 49942 is more than 49913 ($27,752), Houghton County ($29,173), and Calumet charter township ($26,837).

49942$47,000
Calumet charter township$26,837
Houghton County$29,173

49942 High Income Households

10.5% of households make over $200,000 a year. The percent high income households (10.5%) for 49942 is more than 49913 (1.8%), Houghton County (4.8%), and Calumet charter township (1.3%).

4994210.5%
Calumet charter township1.3%
Houghton County4.8%

49942 Median Household Income by Age of Householder

under 25 years 25 to 44 years 45 to 64 years 65 years and over
49942$-1$-1$-1$-1
Calumet charter township$14,634$65,385$48,462$29,946
Houghton County$21,595$66,694$72,685$46,359

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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 49942 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+
49942+/-$46,290+/-$46,996+/-$21,688+/-23.1%+/-$-1+/-$-1+/-$-1+/-$-1
Calumet charter township+/-$5,904+/-$6,721+/-$4,051+/-0.8%+/-$12,316+/-$7,432+/-$7,901+/-$4,426
Houghton County+/-$2,563+/-$3,142+/-$1,262+/-0.9%+/-$7,633+/-$6,604+/-$5,206+/-$3,018