ZIP Code 49721 — Cheboygan city, MI Demographics & Data

ZIP code 49721 covers Cheboygan, MI in Cheboygan County with a population of about 13,937.

At a glance, the area shows median age of 51.1 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.

Median household income in ZIP 49721 is about $60,840 — about 19% below the U.S. median ($75,149).

On socioeconomic markers, US5 shows a poverty rate of 11.2%; unemployment rate near 7.0%; 21.5% of adults with a bachelor’s degree or higher (about 12.2 points below the national share (33.7%)).

Labor and commute patterns include leading industry context around Retail trade, Healthcare, and Construction; about 10.1% of workers reporting work-from-home (about 5.1 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 $170,000 — about 51% below the U.S. median home value ($348,079).

Housing tenure and rents show median gross rent around $568 (about 51% 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 49721 in Cheboygan, MI, a household would need roughly $47,000 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 $1,092. That sits below the local median household income ($60,840), 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 Cheboygan city, MI as Relatively Low (composite score 59.5), which is near the middle of the national distribution. The strongest component scores on US5 are flood (77.9) and wildfire (25.3). 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 Cheboygan city, MI show little to no average snow and around 32.0 inches of annual precipitation.

IRS migration statistics show a net inflow of about 545 for ZIP 49721 (Cheboygan city, 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.