ZIP Code 49861 — Three Lakes CDP, MI Demographics & Data

ZIP code 49861 covers Three Lakes, MI in Baraga County with a population of about 534.

At a glance, the area shows median age of 61.6 versus a U.S. median of about 38.9.

It sits in telephone area code 906; U.S. House district MI-1; the MARQUETTE media market.

Three Lakes, MI reads as a military / base-oriented community on US5’s intent model (elevated veteran share (19.2%) and/or base-related place names). Service members and families often look up Basic Allowance for Housing (BAH) rates, on-base mail (PSC / P.O. Box) addresses, and nearby ZIP demographics when relocating.

US5 shows 2026 DoD BAH locality rates for this ZIP’s Military Housing Area on this page (pay grade × with/without dependents). Treat the table as a planning reference and confirm entitlement with your finance office or the official DTMO BAH lookup.

Median household income in ZIP 49861 is about $66,806 — about 11% below the U.S. median ($75,149).

On socioeconomic markers, US5 shows a poverty rate of 14.3%; unemployment rate near 9.6%; 29.8% of adults with a bachelor’s degree or higher (about 3.9 points below the national share (33.7%)).

Labor and commute patterns include leading industry context around Healthcare, Manufacturing, and Retail trade; about 6.9% of workers reporting work-from-home (about 8.3 points below the U.S. share (15.2%)); a mean commute of about 162.0 minutes (U.S. average near 26.8).

Median home value is about $229,200 — about 34% below the U.S. median home value ($348,079).

Housing tenure and rents show owner-occupancy near 96.9% (about 31.5 points above the national owner-occupancy rate (65.4%)).

To comfortably buy a median-priced home in ZIP 49861 in Three Lakes, MI, a household would need roughly $63,000 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 $1,472. That is roughly in line with the local median household income ($66,806). 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 Three Lakes CDP, MI as Very Low (composite score 10.7), which is relatively lower than many U.S. communities. The strongest component scores on US5 are wildfire (15.1) and flood (13.3). 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 Three Lakes CDP, MI show little to no average snow.

IRS migration statistics show a net inflow of about 21 for ZIP 49861 (Three Lakes 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.