49968 Map

49968 Income Statistics

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Comparison to Surrounding Areas

49968 Median Household Income

The median household income ($51,607) for 49968 is less than the median household income for 49953 ($55,647), 54557 ($81,750), Marenisco township ($52,386), and Wakefield township ($66,964). But it's more than 49911 ($51,326), 49938 ($44,379), 49947 ($50,682), 49959 ($49,750), Gogebic County ($49,672), Bessemer township ($48,750), and Wakefield city ($48,413).

49968$51,607
Bessemer township$48,750
Marenisco township$52,386
Wakefield township$66,964
Wakefield city$48,413
Gogebic County$49,672

49968 Average Household Income

The average household income ($70,917) for 49968 is less than the average household income for 54557 ($99,894) and Wakefield township ($101,789). But it's more than 49959 ($46,508), 49911 ($64,718), 49938 ($66,852), 49947 ($56,528), 49953 ($62,795), Gogebic County ($67,756), Bessemer township ($60,269), Marenisco township ($57,922), and Wakefield city ($61,481).

49968$70,917
Bessemer township$60,269
Marenisco township$57,922
Wakefield township$101,789
Wakefield city$61,481
Gogebic County$67,756

49968 Per-Capita Income

The per-capita income for 49968 is $32,820. The per capita income ($32,820) for 49968 is less than the per capita income for 49938 ($35,422), 49953 ($33,679), 54557 ($53,997), Gogebic County ($34,085), and Wakefield township ($45,869). But it's more than 49911 ($28,086), 49947 ($31,737), 49959 ($25,851), Bessemer township ($27,216), Marenisco township ($32,686), and Wakefield city ($28,602).

49968$32,820
Bessemer township$27,216
Marenisco township$32,686
Wakefield township$45,869
Wakefield city$28,602
Gogebic County$34,085

49968 High Income Households

7.8% of households make over $200,000 a year. The percent high income households (7.8%) for 49968 is less than the percent high income households for Wakefield township (21.1%). But it's more than 54557 (7.4%), 49938 (3.6%), 49947 (0.6%), 49953 (1.5%), 49959 (0.0%), 49911 (0.8%), Gogebic County (3.9%), Bessemer township (0.0%), Marenisco township (0.8%), and Wakefield city (4.4%).

499687.8%
Bessemer township0.0%
Marenisco township0.8%
Wakefield township21.1%
Wakefield city4.4%
Gogebic County3.9%

49968 Median Household Income by Age of Householder

under 25 years 25 to 44 years 45 to 64 years 65 years and over
49968$54,583$46,250$54,519$47,717
Bessemer township$-1$47,891$65,000$43,077
Marenisco township$-1$54,167$59,375$40,417
Wakefield township$-1$59,375$103,750$35,000
Wakefield city$70,208$45,192$50,278$48,696
Gogebic County$26,985$48,929$58,486$41,000

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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 2023 5-year estimates. You can find this information and other demographics for 49968 on the US Census Bureau’s website. These values are in 2023 inflation-adjusted dollars and were downloaded on 12 December 2024.

The following data tables were used:

  • B19001 Household Income in the Past 12 Months (in 2023 inflation-adjusted dollars)
  • B19013 Median Household Income in the Past 12 Months (in 2023 inflation-adjusted dollars)
  • B19301 Per Capita Income in the Past 12 Months (in 2023 inflation-adjusted dollars)
  • S1902 Mean Income in the Past 12 Months (in 2023 inflation-adjusted dollars)
  • B19049 Median Household Income in the Past 12 Months (in 2023 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+/-$5,561+/-$10,530+/-$4,397+/-5.4%+/-$34,744+/-$17,328+/-$16,544+/-$11,391
Bessemer township+/-$9,318+/-$9,465+/-$4,729+/-5.3%+/-$-1+/-$23,122+/-$29,665+/-$8,162
Marenisco township+/-$13,431+/-$8,144+/-$4,045+/-1.3%+/-$-1+/-$7,181+/-$21,283+/-$13,686
Wakefield township+/-$28,836+/-$33,474+/-$10,812+/-18.6%+/-$-1+/-$15,521+/-$76,934+/-$13,383
Wakefield city+/-$5,490+/-$10,354+/-$4,358+/-4.9%+/-$38,842+/-$18,234+/-$8,781+/-$12,890
Gogebic County+/-$4,577+/-$4,339+/-$2,206+/-1.2%+/-$18,356+/-$15,883+/-$9,745+/-$5,919