What to know about ZIP 49723
ZIP code 49723 covers ZIP 49723 with a population of about 2,041.
At a glance, the area shows median age of 50.6 versus a U.S. median of about 38.9.
It sits in the TRAVERSE CITY - CADILLAC media market.
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ZIP Code 49723 — undefined, undefined Demographics & Data
Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.
Working Class
At a glance
Population
2,041
Density
N/A
Median income
$47,692
-37% vs US avg
Home value
$185,000
-47% vs US avg
Median rent
$621
-47% vs US avg
Timezone
N/A
Overview of ZIP Code 49723
Income and economy in ZIP 49723
Median household income in ZIP 49723 is about $47,692 — about 37% below the U.S. median ($75,149).
On socioeconomic markers, US5 shows a poverty rate of 18.4%; unemployment rate near 10.3%; 24.9% of adults with a bachelor’s degree or higher (about 8.8 points below the national share (33.7%)).
Labor and commute patterns include leading industry context around Healthcare, Retail trade, and Construction; about 9.0% of workers reporting work-from-home (about 6.2 points below the U.S. share (15.2%)); a mean commute of about 180.0 minutes (U.S. average near 26.8).
Housing and affordability in ZIP 49723
Median home value is about $185,000 — about 47% below the U.S. median home value ($348,079).
Housing tenure and rents show median gross rent around $621 (about 47% below the U.S. median rent ($1,163)), and owner-occupancy near 79.8% (about 14.4 points above the national owner-occupancy rate (65.4%)).
To comfortably buy a median-priced home in ZIP 49723, a household would need roughly $51,000 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 $1,188. That is roughly in line with the local median household income ($47,692). Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.