49968 Zip Code

April 20, 2024

Zip Code:	49968
City/Town:	Wakefield
State:	Michigan

Population:	2,247
Per Capita Income:	$20,662
Mean Household Income:	$43,760

Total Housing Units:	1,012
Median Home Value:	$36,700
Median Year Homes Built:	1947

Land Area:	250.2 sq miles 648.1 sq kilometers
Water Area:	2.2 sq miles 5.7 sq kilometers

Population Information (49968 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Total Population:

2,247

Male:

1,107

49.3%

49.2%

Female:

1,140

50.7%

50.8%

Median Age:

50.9 yrs

37.2 yrs

Under 5 years:

4.3%

6.5%

5 to 9 years:

114

4.4%

6.6%

10 to 19 years:

195

8.7%

13.8%

20 to 29 years:

178

7.9%

13.8%

30 to 39 years:

222

9.9%

13.0%

40 to 49 years:

291

13.0%

14.2%

50 to 59 years:

366

16.3%

13.6%

60 to 69 years:

318

14.2%

9.4%

70 to 79 years:

221

9.8%

5.4%

80 years and over:

245

10.9%

3.7%

Housing Information (49968 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Median home value:

$36,700

$119,600

Median year homes build:

1947

1971

Median real estate taxes:

$544 / yr.

$1,334 / yr.

Median rent:

$218 / mo.

$519 / mo.

Total households:

1,012

Family households:

573

56.6%

66.4%

Nonfamily households:

439

43.4%

33.6%

Households with individuals under 18 years:

213

21.0%

33.4%

Households with individuals 65 years and over:

366

36.2%

24.9%

Average household size:

2.1

Average family size:

2.7

Total housing units:

1,474

Occupied housing units:

1,012

68.7%

88.6%

Vacant housing units:

462

31.3%

11.4%

For rent:

6.4%

3.1%

Rented, not occupied:

0.0%

0.2%

For sale only:

2.0%

1.4%

Sold, not occupied:

0.5%

0.3%

For seasonal, recreational, or occasional use:

269

18.2%

3.5%

All other vacants:

4.3%

2.8%

Homeowner vacancy rate:

3.2%

2.4%

Rental vacancy rate:

37.9%

9.2%

Owner-occupied housing units:

858

Population in owner-occupied housing units:

1,833

Average household size of owner-occupied units:

2.1

2.65

Renter-occupied housing units:

154

Population in renter-occupied housing units:

285

Average household size of renter-occupied units:

1.9

2.44

Educational Attainment (49968 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Population 25 years and over

1,936

Less than 9th grade:

129

6.7%

6.2%

9th to 12th grade, no diploma:

227

11.7%

8.7%

High school graduate (includes equivalency):

862

44.5%

29.0%

Some college, no degree:

335

17.3%

20.6%

Associate degree:

145

7.5%

Bachelor's degree:

162

8.4%

17.6%

Graduate or professional degree:

3.9%

10.3%

Percent high school graduate or higher:

81.6%

85.0%

Percent bachelor's degree or higher:

12.3%

27.9%

Income Information (49968 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:

972

43.3%

50.4%

Median income:

$21,283 / yr.

$27,932 / yr.

Full-time, year-round workers:

299

13.3%

59.7%

Median income:

$31,510 / yr.

$38,349 / yr.

Females 15 years and over with income:

1,048

46.6%

49.6%

Median income:

$11,505 / yr.

$16,327 / yr.

Full-time, year-round workers:

225

10.0%

40.3%

Median income:

$21,936 / yr.

$28,135 / yr.

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