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49959 Income Statistics

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Comparison to Surrounding Areas

49959 Median Household Income

The median household income ($53,529) for 49959 is more than 49911 ($51,036), 49968 ($44,083), Gogebic County ($47,913), and Bessemer township ($52,500).

49959$53,529
Bessemer township$52,500
Gogebic County$47,913

49959 Average Household Income

The average household income ($65,302) for 49959 is less than 49911 ($65,848), 49968 ($71,458), Gogebic County ($68,140), and Bessemer township ($72,728).

49959$65,302
Bessemer township$72,728
Gogebic County$68,140

49959 Per-Capita Income

The per-capita income for 49959 is $30,390. The per capita income ($30,390) for 49959 is less than the per capita income for 49968 ($34,142), Gogebic County ($33,516), and Bessemer township ($32,757). But it's more than 49911 ($28,772).

49959$30,390
Bessemer township$32,757
Gogebic County$33,516

49959 High Income Households

1.9% of households make over $200,000 a year. The percent high income households (1.9%) for 49959 is more than 49911 (1.4%), 49968 (8.0%), Gogebic County (3.8%), and Bessemer township (3.1%).

499591.9%
Bessemer township3.1%
Gogebic County3.8%

49959 Median Household Income by Age of Householder

under 25 years 25 to 44 years 45 to 64 years 65 years and over
49959$-1$72,500$55,000$52,708
Bessemer township$-1$65,833$69,688$41,250
Gogebic County$30,987$45,938$63,087$37,412

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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 49959 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+
49959+/-$7,317+/-$19,312+/-$7,495+/-3.1%+/-$-1+/-$22,792+/-$14,395+/-$14,929
Bessemer township+/-$4,031+/-$11,852+/-$5,889+/-3.4%+/-$-1+/-$41,768+/-$30,876+/-$9,597
Gogebic County+/-$4,766+/-$4,970+/-$2,445+/-1.4%+/-$11,157+/-$13,885+/-$13,146+/-$4,921