ZIP Code 49629 — Elk Rapids village, MI Demographics & Data

ZIP code 49629 covers Elk Rapids, MI in Antrim County with a population of about 2,037.

At a glance, the area shows median age of 56.9 versus a U.S. median of about 38.9.

It sits in telephone area code 231; U.S. House district MI-1; the TRAVERSE CITY - CADILLAC media market.

Elk Rapids, MI fits a retirement-oriented profile (high share of residents 65+ (37.9%)). Residents and relocators commonly research healthcare access, everyday amenities (dining, personal services), and housing costs rather than tech or campus life.

Median household income in ZIP 49629 is about $74,318 — about even with the U.S. median ($75,149).

On socioeconomic markers, US5 shows a poverty rate of 4.3%; unemployment rate near 0.8%; 45.6% of adults with a bachelor’s degree or higher (about 11.9 points above the national share (33.7%)).

Labor and commute patterns include leading industry context around Retail trade, Construction, and Manufacturing; about 8.6% of workers reporting work-from-home (about 6.6 points below the U.S. share (15.2%)); a mean commute of about 180.0 minutes (U.S. average near 26.8).

Median home value is about $347,100 — about even with the U.S. median home value ($348,079).

Housing tenure and rents show median gross rent around $869 (about 25% below the U.S. median rent ($1,163)), and owner-occupancy near 83.5% (about 18.1 points above the national owner-occupancy rate (65.4%)).

To comfortably buy a median-priced home in ZIP 49629 in Elk Rapids, MI, a household would need roughly $96,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $2,230. That is about 29% above the local median household income ($74,318), so the median earner would likely stretch or need a larger down payment. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

FEMA’s National Risk Index rates natural-hazard risk for Elk Rapids village, MI as Very Low (composite score 25.8), which is relatively lower than many U.S. communities. The strongest component scores on US5 are flood (38.6) and wildfire (26.1). These scores are county-linked NRI values published for planning context — all ZIP codes in the same county share the same composite score on US5. Useful when comparing insurance and disaster exposure across areas, not a substitute for a parcel-level flood or fire determination.

Climate normals for Elk Rapids village, MI show little to no average snow and around 31.3 inches of annual precipitation.

IRS migration statistics show a net inflow of about 80 for ZIP 49629 (Elk Rapids village, MI) on US5’s published series — a signal of people/tax filers moving in relative to those leaving. Inflows often track job growth, housing demand, or lifestyle migration; treat the figure as a directional indicator rather than a precise headcount.