ZIP Code 49650 — Hardwood Acres CDP, MI Demographics & Data

ZIP code 49650 covers Hardwood Acres, MI in Benzie County with a population of about 3,448.

At a glance, the area shows median age of 39.3 (near the U.S. median).

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

Median household income in ZIP 49650 is about $91,108 — about 21% above the U.S. median ($75,149).

On socioeconomic markers, US5 shows a poverty rate of 3.1%; unemployment rate near 2.4%; 37.6% of adults with a bachelor’s degree or higher (about 3.9 points above the national share (33.7%)).

Labor and commute patterns include leading industry context around Healthcare, Retail trade, and Manufacturing; about 7.4% of workers reporting work-from-home (about 7.8 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 $238,400 — about 32% below the U.S. median home value ($348,079).

Housing tenure and rents show median gross rent around $1,043 (about 10% below the U.S. median rent ($1,163)), and owner-occupancy near 91.0% (about 25.5 points above the national owner-occupancy rate (65.4%)).

To comfortably buy a median-priced home in ZIP 49650 in Hardwood Acres, MI, a household would need roughly $66,000 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 $1,531. That sits below the local median household income ($91,108), suggesting the typical household income is closer to a workable buy-in level under these assumptions. 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 Hardwood Acres CDP, MI as Very Low (composite score 22.7), which is relatively lower than many U.S. communities. The strongest component scores on US5 are flood (37.2) and wildfire (12.1). 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 Hardwood Acres CDP, MI show little to no average snow and around 35.7 inches of annual precipitation.

IRS migration statistics show a net inflow of about 135 for ZIP 49650 (Hardwood Acres CDP, 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.