49968 Map

49968 Income Statistics

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Comparison to Surrounding Areas

49968 Median Household Income

The median household income ($44,083) for 49968 is less than the median household income for 54557 ($93,984), 49911 ($51,036), 49947 ($45,667), 49953 ($51,161), 49959 ($53,529), Gogebic County ($47,913), Bessemer township ($52,500), Marenisco township ($51,250), and Wakefield township ($63,056). But it's more than 49938 ($43,990) and Wakefield city ($41,837).

49968$44,083
Bessemer township$52,500
Marenisco township$51,250
Wakefield township$63,056
Wakefield city$41,837
Gogebic County$47,913

49968 Average Household Income

The average household income ($71,458) for 49968 is less than the average household income for 54557 ($95,572), Bessemer township ($72,728), and Wakefield township ($88,413). But it's more than 49959 ($65,302), 49938 ($66,989), 49947 ($56,816), 49953 ($58,816), 49911 ($65,848), Gogebic County ($68,140), Marenisco township ($60,644), and Wakefield city ($65,553).

49968$71,458
Bessemer township$72,728
Marenisco township$60,644
Wakefield township$88,413
Wakefield city$65,553
Gogebic County$68,140

49968 Per-Capita Income

The per-capita income for 49968 is $34,142. The per capita income ($34,142) for 49968 is less than the per capita income for 49938 ($34,582), 54557 ($51,925), and Wakefield township ($37,460). But it's more than 49959 ($30,390), 49911 ($28,772), 49947 ($26,211), 49953 ($31,122), Gogebic County ($33,516), Bessemer township ($32,757), Marenisco township ($26,317), and Wakefield city ($32,455).

49968$34,142
Bessemer township$32,757
Marenisco township$26,317
Wakefield township$37,460
Wakefield city$32,455
Gogebic County$33,516

49968 High Income Households

8.0% of households make over $200,000 a year. The percent high income households (8.0%) for 49968 is more than 54557 (4.0%), 49911 (1.4%), 49938 (3.2%), 49947 (1.1%), 49953 (1.3%), 49959 (1.9%), Gogebic County (3.8%), Bessemer township (3.1%), Marenisco township (1.5%), Wakefield township (16.7%), and Wakefield city (5.6%).

499688.0%
Bessemer township3.1%
Marenisco township1.5%
Wakefield township16.7%
Wakefield city5.6%
Gogebic County3.8%

49968 Median Household Income by Age of Householder

under 25 years 25 to 44 years 45 to 64 years 65 years and over
49968$52,292$41,025$59,821$36,071
Bessemer township$-1$65,833$69,688$41,250
Marenisco township$-1$52,500$66,786$37,778
Wakefield township$-1$42,500$98,125$37,143
Wakefield city$-1$41,025$51,205$34,271
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 49968 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+
49968+/-$6,998+/-$16,714+/-$7,080+/-5.6%+/-$30,481+/-$7,944+/-$22,526+/-$6,348
Bessemer township+/-$4,031+/-$11,852+/-$5,889+/-3.4%+/-$-1+/-$41,768+/-$30,876+/-$9,597
Marenisco township+/-$8,541+/-$10,146+/-$9,948+/-1.7%+/-$-1+/-$23,774+/-$14,887+/-$18,906
Wakefield township+/-$27,793+/-$29,748+/-$10,447+/-17.1%+/-$-1+/-$36,923+/-$48,218+/-$5,194
Wakefield city+/-$4,548+/-$18,232+/-$8,374+/-5.2%+/-$-1+/-$8,873+/-$6,335+/-$10,752
Gogebic County+/-$4,766+/-$4,970+/-$2,445+/-1.4%+/-$11,157+/-$13,885+/-$13,146+/-$4,921