ZIP code 49862

49862 is in Alger County, Michigan.

4,546Residents

$61,340Median household income

$711/moMedian gross rent

$169,400Median home value

45.3Median age

21%Adults with a bachelor’s degree or higher

80%Homes lived in by their owners

2.8×Home value to household income

Median rent takes about 14% of the median household income in ZIP 49862.

What pay do you need to rent here?

To keep rent at or below 30% of gross pay, you would need about $28,000 a year. In Michigan that leaves roughly $1,957 a month after tax. See the full paycheck breakdown for $30,000.

Other ZIP codes in Alger County

49816 $70,750
49884 $60,063
49806 $85,625
49891 $46,063
49825 $77,250
49822 $58,214
49826 $61,107
49839 $47,292

All ZIP codes in Michigan · Highest-paying jobs in Michigan

Source: Census ACS 2024 ACS 5-year, ZIP code tabulation areas. ZCTAs approximate postal ZIP codes and can differ from them. Small areas carry larger margins of error.