49945 Map

49945 Income Statistics

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Comparison to Surrounding Areas

49945 Median Household Income

The median household income ($52,500) for 49945 is less than the median household income for 49930 ($60,109), 49950 ($57,500), 49916 ($76,424), Keweenaw County ($55,560), Houghton County ($52,736), Grant township ($65,938), and Torch Lake township ($63,576). But it's more than 49913 ($46,801), 49934 ($46,690), Schoolcraft township ($47,768), and Sherman township ($43,750).

49945$52,500
Schoolcraft township$47,768
Torch Lake township$63,576
Grant township$65,938
Sherman township$43,750
Houghton County$52,736
Keweenaw County$55,560

49945 Average Household Income

The average household income ($70,742) for 49945 is less than the average household income for 49930 ($82,927), 49950 ($85,166), 49916 ($97,612), Keweenaw County ($81,422), Houghton County ($73,321), Grant township ($95,843), and Torch Lake township ($81,804). But it's more than 49913 ($61,198), 49934 ($59,958), Schoolcraft township ($67,089), and Sherman township ($50,604).

49945$70,742
Schoolcraft township$67,089
Torch Lake township$81,804
Grant township$95,843
Sherman township$50,604
Houghton County$73,321
Keweenaw County$81,422

49945 Per-Capita Income

The per-capita income for 49945 is $33,002. The per capita income ($33,002) for 49945 is less than the per capita income for 49916 ($41,358), 49950 ($44,727), Keweenaw County ($41,795), Torch Lake township ($37,405), and Grant township ($51,123). But it's more than 49913 ($27,752), 49930 ($32,271), 49934 ($29,923), Houghton County ($29,173), Schoolcraft township ($28,252), and Sherman township ($30,353).

49945$33,002
Schoolcraft township$28,252
Torch Lake township$37,405
Grant township$51,123
Sherman township$30,353
Houghton County$29,173
Keweenaw County$41,795

49945 High Income Households

3.0% of households make over $200,000 a year. The percent high income households (3.0%) for 49945 is more than 49916 (9.4%), 49913 (1.8%), 49950 (4.7%), 49934 (1.6%), 49930 (5.8%), Houghton County (4.8%), Keweenaw County (3.8%), Sherman township (0.0%), Grant township (11.7%), Torch Lake township (7.1%), and Schoolcraft township (2.9%).

499453.0%
Schoolcraft township2.9%
Torch Lake township7.1%
Grant township11.7%
Sherman township0.0%
Houghton County4.8%
Keweenaw County3.8%

49945 Median Household Income by Age of Householder

under 25 years 25 to 44 years 45 to 64 years 65 years and over
49945$-1$44,375$76,957$42,025
Schoolcraft township$-1$51,250$71,875$41,304
Torch Lake township$-1$75,536$76,908$46,071
Grant township$-1$-1$99,583$58,333
Sherman township$-1$-1$61,250$56,563
Houghton County$21,595$66,694$72,685$46,359
Keweenaw County$-1$44,153$81,250$51,164

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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 49945 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+
49945+/-$9,200+/-$8,475+/-$4,076+/-2.2%+/-$-1+/-$13,329+/-$7,990+/-$4,181
Schoolcraft township+/-$9,344+/-$9,136+/-$3,320+/-3.0%+/-$-1+/-$11,264+/-$16,703+/-$7,343
Torch Lake township+/-$10,278+/-$14,012+/-$6,739+/-3.8%+/-$-1+/-$17,820+/-$14,962+/-$11,256
Grant township+/-$28,040+/-$17,765+/-$8,810+/-9.0%+/-$-1+/-$-1+/-$46,537+/-$36,132
Sherman township+/-$27,914+/-$10,972+/-$5,837+/-40.7%+/-$-1+/-$-1+/-$32,040+/-$11,816
Houghton County+/-$2,563+/-$3,142+/-$1,262+/-0.9%+/-$7,633+/-$6,604+/-$5,206+/-$3,018
Keweenaw County+/-$7,301+/-$7,405+/-$3,800+/-1.5%+/-$-1+/-$5,936+/-$12,276+/-$5,063