Interested in purchasing investment houses in the 48122 zip code in Melvindale, MI?
The zip code 48122 is in Wayne county with a latitude of -83.178070000000 and longitude of 42.280240000000, is in the state of Michigan. The average asking price of houses and condos is $41,929.00 and the average sale price was $28,366.00. this regions is classified as the Detroit metro area and is in the 313 area code. The location in degrees is 42° 16' 48.864" N, 83° 10' 41.052" W. The county F.I.P.S. is 26163. This zip code contains two cities including Melvindale, MI (99.86%), and Allen Park, MI (0.14%) The total land area is 2.7 square miles and the water area is 0.0 square miles. The elevation in this area is 587 - 587 feet. The zip code is on eastern standard time and observes daylight savings time.
The zip 48122 is in county number 163 and is L. Sector , L. Segment , H. Sector , and H. Segment . The population was 10,460 in 2019 and 10,727 in 2010. This further breaks down to 5,314 males (50.8%) and 5,145 females (49.2%). The median age of residents is 31.8 years. The population of the greater Detroit-Warren-Livonia, MI area is 4,473,111. The population density (people per square mile) is 3,840. This zip code has a combined total of 4,089 houses and condos. There are 1,849 rented appartments. 49% of residents rent versus the 49% of residents in the state who rent.
The financial status of those living in this area is considered lower middle class. The average individual gross adjusted income is $32,661 and the average salary is $30,610. The median household income of individuals is $47,948.00 and the average is $35,200.00. This zip code has a mean commute time to work of 24.6 minutes. The unemployment rate is 10.8%. Income earners by percent breakdown as 52.60% (Under $50,000), 36.40% ($50,000-$100,000), and 10.90% earn over $100,000. 21.7% of residents live below poverty line versus the 13.0% in the state that are below this line. The cost of living index is 87.6. The educational breakdown is 75.4% have a high school education or higher, 12.9% have a bachelor's degree or higher, and 4.7% have some kind of profesional degree.
This area has 4,426 households and the average size is 2.8 people. Individuals who are single and have never been married are 41.8%, 36.9% are now married, 1.9% are separated, 5.7% are widowed, and 13.6% are divorced. The average yearly contribution amount given by people to charity was $2,556 versus the state average of $4,225. The percent of residents who gave to charity was 12.3%.
The estimated median value of houses and condos is $71,100. The median monthly owner costs of mortgage holders was $1,055, where as the costs for those who don't have a mortgage are $420. The median number of rooms in houses and condos are 5.5 versus apartments which had a median number of 4.2.
The real estate tax percent rate is 2.4% which equated to an average real estate tax amount payment of $1,699. In comparision, the average real estate tax percent rate in the state is 1.4% which equated to an average real estate tax amount payment in the state of $2,455. The median housing property tax percent for residents with mortgages was 2.3% which amounted to an average tax amount of $1,852. Conversely, the median housing property tax percent for residents who don't have mortgages was 2.6% which amounted to an average tax amount of $1,624. Reported taxable interest for persons was $796, dividends $1,594, capital gains +$1,776, and itemized deductions $14,278. The average earned income tax credit is $2,525. The percent of individuals that use a tax preparer is 61.5%. The total average income taxes paid by individuals was $4,377. Businesses reported an average profit of $7,584.
Jack's Italian Bakery
18841 Allen Rd, Melvindale, MI 48122
Tomboy's Deli
18800 Dix Rd, Melvindale, MI 48122
Savvy Sliders
2630 Oakwood Blvd, Melvindale, MI 48122
Oakwood Coney & Grill
3051 Oakwood Blvd, Melvindale, MI 48122
Las Cazuelas Grill
4122 Oakwood Blvd, Melvindale, MI 48122
Sheila's Taqueria
18942 Dix Rd, Melvindale, MI 48122
Mel Bar
17993 Allen Rd, Melvindale, MI 48122
Krispy Krunchy Chicken
18800 Dix Rd, Melvindale, MI 48122
New Canton Inn
19333 Dix Rd, Melvindale, MI 48122
Ming Sun Restaurant
18300 Allen Rd, Melvindale, MI 48122
Sabina's Restaurant
3840 Oakwood Blvd, Melvindale, MI 48122
Hungry Howie's
3810 Oakwood Blvd, Melvindale, MI 48122
Melvindale Grill
3741 Oakwood Blvd, Melvindale, MI 48122
Senate Coney Island
3345 Greenfield Rd, Melvindale, MI 48122
Paleo Eats
19110 Allen Rd, Melvindale, MI 48122
Sicilian Deli
18863 Allen Rd, Melvindale, MI 48122
Yum-Yum Donuts
3741 Oakwood Blvd, Melvindale, MI 48122
Oakwood Cafe
3051 Oakwood Blvd, Melvindale, MI 48122
Melvindale Coney Island
4114 Oakwood Blvd, Melvindale, MI 48122
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