ZIP Code 49743 — undefined, MI Demographics & Data

ZIP code 49743 covers MI in Presque Isle County with a population of about 888.

At a glance, the area shows median age of 54.3 versus a U.S. median of about 38.9.

It sits in telephone area code 989; U.S. House district MI-1; the TRAVERSE CITY - CADILLAC media market.

Median household income in ZIP 49743 is about $54,250 — about 28% below the U.S. median ($75,149).

On socioeconomic markers, US5 shows a poverty rate of 17.1%; unemployment rate near 7.7%; 9.3% of adults with a bachelor’s degree or higher (about 24.4 points below the national share (33.7%)).

Labor and commute patterns include leading industry context around Healthcare, Retail trade, and Manufacturing; about 9.9% of workers reporting work-from-home (about 5.3 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 $129,900 — about 63% below the U.S. median home value ($348,079).

Housing tenure and rents show median gross rent around $475 (about 59% below the U.S. median rent ($1,163)), and owner-occupancy near 95.2% (about 29.8 points above the national owner-occupancy rate (65.4%)).

To comfortably buy a median-priced home in ZIP 49743 in MI, a household would need roughly $36,000 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 $834. That sits below the local median household income ($54,250), 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 MI as Very Low (composite score 21.8), which is relatively lower than many U.S. communities. The strongest component scores on US5 are flood (44.0) and hurricane (23.4). 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 MI show little to no average snow and around 31.7 inches of annual precipitation.

IRS migration statistics show a net inflow of about 35 for ZIP 49743 (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.