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49962 Income Statistics

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Comparison to Surrounding Areas

49962 Median Household Income

The median household income ($51,563) for 49962 is less than the median household income for 49861 ($62,083), 49946 ($54,083), Baraga County ($51,911), Arvon township ($58,594), and L'Anse township ($53,717). But it's more than 49808 ($46,257).

49962$51,563
Arvon township$58,594
L'Anse township$53,717
Baraga County$51,911

49962 Average Household Income

The average household income ($72,384) for 49962 is less than the average household income for 49861 ($76,262), 49946 ($74,143), Arvon township ($84,014), and L'Anse township ($72,606). But it's more than 49808 ($47,835) and Baraga County ($70,068).

49962$72,384
Arvon township$84,014
L'Anse township$72,606
Baraga County$70,068

49962 Per-Capita Income

The per-capita income for 49962 is $39,357. The per capita income ($39,357) for 49962 is more than 49808 ($33,391), 49861 ($37,189), 49946 ($33,169), Baraga County ($28,665), Arvon township ($38,938), and L'Anse township ($32,758).

49962$39,357
Arvon township$38,938
L'Anse township$32,758
Baraga County$28,665

49962 High Income Households

1.7% of households make over $200,000 a year. The percent high income households (1.7%) for 49962 is more than 49808 (0.0%), 49861 (5.1%), 49946 (4.6%), Baraga County (3.5%), Arvon township (6.5%), and L'Anse township (4.1%).

499621.7%
Arvon township6.5%
L'Anse township4.1%
Baraga County3.5%

49962 Median Household Income by Age of Householder

under 25 years 25 to 44 years 45 to 64 years 65 years and over
49962$-1$78,750$-1$43,750
Arvon township$-1$122,500$80,750$49,375
L'Anse township$53,669$82,500$66,304$37,679
Baraga County$53,629$61,982$63,621$38,913

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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 49962 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+
49962+/-$14,363+/-$14,343+/-$7,639+/-2.9%+/-$-1+/-$42,944+/-$-1+/-$16,972
Arvon township+/-$15,984+/-$13,653+/-$5,219+/-5.0%+/-$-1+/-$47,547+/-$66,404+/-$12,917
L'Anse township+/-$2,554+/-$8,139+/-$3,220+/-1.9%+/-$597+/-$20,446+/-$5,579+/-$11,975
Baraga County+/-$2,904+/-$4,893+/-$1,861+/-1.3%+/-$865+/-$14,250+/-$4,712+/-$6,106