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49915

Zip code 49915: Caspian, Michigan

Residential delivery areaIron CountyCentral Time
Population
570
Median household income
$35K
U.S. $81K
Median home value
$79K
U.S. $333K
Median rent
$780/mo
U.S. $1,413
Median age
47.4
U.S. 38.9
Land area
1.2 sq mi
473 people/sq mi

Boundary is the Census Bureau's ZIP Code Tabulation Area, which closely tracks the postal delivery area.

About 49915

49915 is a small-town zip code in Caspian, Michigan (Iron County), covering 1.2 sq mi of land. About 570 people live here, or 473 per square mile. The median resident is 47.4 years old, compared with 38.9 nationally.

The median household earns $35,000 a year, about 43% of the national median of $80,734. 34% of residents live below the poverty line (U.S.: 12.5%). A typical home is valued at $79,100, or 2.3 years of median household income (U.S.: 4.1 years), which makes homes relatively affordable for local earners. 83% of occupied homes are lived in by their owners, and renters pay a median of $780 a month.

14% of adults hold a bachelor's degree or higher (U.S.: 36%). Commuters average 24.2 minutes each way, and 8% of workers work from home. The most common jobs among working residents are in construction and repair; healthcare; and food service.

How 49915 compares

Sorted from highest to lowest national percentile

The percentile is the share of Americans who live in a zip code with a lower value, so the 50th percentile is typical. Rank 1 is the highest value in the state. Both include zip codes with at least 100 residents. Strengths and weaknesses mark measures in the best or worst fifth nationally, where higher or lower is clearly better (income, poverty, education, commute, broadband, insurance and similar). Measures like age or density are left unmarked.

People

Age

Median age
47.4
Under 18
17.5%
65 and over
27.2%

Race and ethnicity

  • White79%
  • Black0.2%
  • Hispanic0%
  • Asian1%
  • Native American3%
  • Pacific Islander0%
  • Other0.7%
  • Multiracial16%
Diversity index
34.3
U.S. 61.4
Foreign-born
1.4%
U.S. 14.1%
Born in state
65.4%

Language spoken at home (households)

English only
93%
Spanish
0%
Other Indo-European
4%
Asian / Pacific
1%
Other
3%

Households

Households
294
Average household size
1.9
Family households
62.2%
Married couples
41.5%
Living alone
31.3%
Veterans (of adults)
8.5%
Male / female
51% / 49%

Income and poverty

Household income distribution

<$25k
26%
$25–50k
43%
$50–75k
11%
$75–100k
5%
$100–150k
10%
$150–200k
2%
$200k+
3%

Median household income

49915
$35,000
Iron Co.
$55,940
Michigan
$72,875
United States
$80,734
Per capita income
$27,342
U.S. $44,673
Poverty rate
34%
U.S. 12.5%
Households earning $150K+
5.1%
U.S. 23%
Income inequality (Gini)
0.464
U.S. 0.483

Housing

Median home value

49915
$79,100
Iron Co.
$109,100
Michigan
$231,600
United States
$332,700

Median gross rent

49915
$780
Iron Co.
$716
Michigan
$1,129
United States
$1,413

Types of housing

Single-family
92%
2–4 units
1%
5–19 units
0%
20+ units
3%
Mobile home
3%
Boat, RV, van
0%
Housing units
359
Owner-occupied
83%
Vacant
18.1%
Median year built
1946
Median rooms
6.2
Renters paying 30%+ of income
80.5%
Renters paying 50%+ of income
41.5%
Home value to income
2.3× (U.S. 4.1×)

Work and commute

How people get to work

Drove alone
77%
Carpooled
7%
Transit
0%
Walked
2%
Bicycle
0%
Worked from home
8%
Other
6%

Commute time (one way)

<10 min
40%
10–19
23%
20–29
6%
30–44
17%
45–59
3%
60+
11%
Average commute
24.2 min
U.S. 26.4 min
Unemployment
5%
U.S. 5.2%
In labor force
45.1%
U.S. 63.5%

Jobs and careers

What employed residents do, wherever they work

Occupations

Construction and repair
26%
Healthcare
12%
Food service
12%
Cleaning and personal care
8%
Office and admin
8%
Transportation and moving
6%
Education
5%
Sales
5%
Management
4%
Arts, media and sports
4%
Engineering and science
3%
Production
2%
Computer and math
1%
Farming, fishing and forestry
1%
Legal and social services
1%
Business and finance
0%
Police and fire
0%

Industries

Construction
20%
Restaurants and hotels
17%
Health care and social assistance
11%
Education
11%
Retail
10%
Admin, support and management
8%
Transportation, warehousing and utilities
4%
Wholesale
4%
Other services
4%
Public administration
3%
Manufacturing
2%
Professional and technical services
1%
Finance, insurance and real estate
1%
Agriculture and mining
1%
Information
1%
Arts and recreation
0%
Median earnings per worker
$26,875
U.S. $49,666
Self-employed
12.9%
U.S. 10%
Government workers
10.5%
U.S. 14.5%
Nonprofit workers
12.9%
U.S. 8.8%

Median earnings by type of work

Type of work49915U.S.
Management, business, science and arts$32,679$74,888
Service$12,679$26,804
Sales and office$42,708$40,476
Construction and maintenance$29,038$49,199
Production and transportation$53,125$39,989

Education, internet and health coverage

Highest education (adults 25+)

No diploma
12%
High school
38%
Some college
23%
Associate's
14%
Bachelor's
9%
Graduate
5%
High school graduate or higher
88.3%
Bachelor's degree or higher
13.7%
Graduate or professional degree
5.1%
Households with broadband
85%
Cable, fiber or DSL
45.6%
No internet access
12.9%
Without health insurance
3.7%
Limited-English households
0%

Geography

City (USPS)
Caspian
Center point
46.0646° N, 88.6271° W
Land area
1.2 sq mi
Water area
under 0.1 sq mi
Time zone
Central Time (UTC-6, UTC-5 in summer)
Zip type
Residential delivery area

Cities and towns within this zip

  • Caspian100% of zip

Census places overlapping the zip's area. Mail may use a different city name than the municipality.

Zip codes near 49915

ZipCityDistanceIncome
49964Stambaugh · PO box1 mi—
49927Gaastra4.4 mi$47,500
49935Iron River9.7 mi$57,236
54542Long Lake11 mi$46,607
49902Alpha12 mi$39,115
49920Crystal Falls16 mi$63,605
54120Fence18 mi$53,906
54121Florence20 mi$58,750
49903Amasa20 mi$41,818
54554Phelps21 mi$63,750
54511Argonne25 mi$66,719
49961Sidnaw27 mi$53,750

Questions about 49915

What city is zip code 49915?

49915 is assigned to Caspian, Michigan. The city name is the one the Postal Service prefers for mail addressed to this zip code.

What county is 49915 in?

49915 is in Iron County, Michigan.

What is the population of 49915?

About 570 people live in 49915, according to the Census Bureau's American Community Survey.

What time zone is 49915 in?

49915 is in Central Time.

What is the median household income in 49915?

The median household income in 49915 is $35,000.

What zip codes are near 49915?

The closest zip codes to 49915 are 49964, 49927, 49935, 54542, 49902.

Demographic figures are 2020–2024 American Community Survey 5-year estimates for ZIP Code Tabulation Area 49915, from the U.S. Census Bureau. Small areas have wide margins of error. How we build these numbers.