49629 Zip Code

April 20, 2024

Zip Code:	49629
City/Town:	Elk Rapids
State:	Michigan

Population:	2,223
Per Capita Income:	$26,287
Mean Household Income:	$55,289

Total Housing Units:	1,055
Median Home Value:	$157,400
Median Year Homes Built:	1973

Land Area:	4.0 sq miles 10.4 sq kilometers
Water Area:	5.3 sq miles 13.7 sq kilometers

Population Information (49629 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Total Population:

2,223

Male:

1,051

47.3%

49.2%

Female:

1,172

52.7%

50.8%

Median Age:

53.4 yrs

37.2 yrs

Under 5 years:

3.6%

6.5%

5 to 9 years:

113

6.3%

6.6%

10 to 19 years:

252

11.3%

13.8%

20 to 29 years:

158

7.1%

13.8%

30 to 39 years:

137

6.2%

13.0%

40 to 49 years:

252

11.3%

14.2%

50 to 59 years:

363

16.3%

13.6%

60 to 69 years:

385

17.3%

9.4%

70 to 79 years:

272

12.2%

5.4%

80 years and over:

211

9.5%

3.7%

Housing Information (49629 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Median home value:

$157,400

$119,600

Median year homes build:

1973

1971

Median real estate taxes:

$1,459 / yr.

$1,334 / yr.

Median rent:

$408 / mo.

$519 / mo.

Total households:

1,055

Family households:

675

64.0%

66.4%

Nonfamily households:

380

36.0%

33.6%

Households with individuals under 18 years:

224

21.2%

33.4%

Households with individuals 65 years and over:

458

43.4%

24.9%

Average household size:

2.1

Average family size:

2.6

Total housing units:

1,673

Occupied housing units:

1,055

63.1%

88.6%

Vacant housing units:

618

36.9%

11.4%

For rent:

4.8%

3.1%

Rented, not occupied:

0.1%

0.2%

For sale only:

2.0%

1.4%

Sold, not occupied:

0.4%

0.3%

For seasonal, recreational, or occasional use:

456

27.3%

3.5%

All other vacants:

2.3%

2.8%

Homeowner vacancy rate:

4.0%

2.4%

Rental vacancy rate:

24.2%

9.2%

Owner-occupied housing units:

802

Population in owner-occupied housing units:

1,690

Average household size of owner-occupied units:

2.1

2.65

Renter-occupied housing units:

253

Population in renter-occupied housing units:

528

Average household size of renter-occupied units:

2.1

2.44

Educational Attainment (49629 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Population 25 years and over

1,666

Less than 9th grade:

1.8%

6.2%

9th to 12th grade, no diploma:

102

6.1%

8.7%

High school graduate (includes equivalency):

502

30.1%

29.0%

Some college, no degree:

416

25.0%

20.6%

Associate degree:

125

7.5%

Bachelor's degree:

312

18.7%

17.6%

Graduate or professional degree:

179

10.7%

10.3%

Percent high school graduate or higher:

92.1%

85.0%

Percent bachelor's degree or higher:

29.5%

27.9%

Income Information (49629 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Mean household income:

$0 / yr.

$70,883

Per capita income:

$0 / yr.

$27,334

Males 15 years and over with income:

880

39.6%

50.4%

Median income:

$28,163 / yr.

$27,932 / yr.

Full-time, year-round workers:

351

15.8%

59.7%

Median income:

$35,063 / yr.

$38,349 / yr.

Females 15 years and over with income:

871

39.2%

49.6%

Median income:

$16,342 / yr.

$16,327 / yr.

Full-time, year-round workers:

250

11.2%

40.3%

Median income:

$24,697 / yr.

$28,135 / yr.

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