Interested in purchasing investment houses in the 49770 zip code in Petoskey, MI?
The zip code 49770 is in both Emmet and Charlevoix counties with a latitude of -84.888430000000 and longitude of 45.344060000000, is in the state of Michigan. The average asking price of houses and condos is $301,932.00 and the average sale price was $165,000.00. this regions is classified as the Traverse City metro area and is in the 231 area code. The location in degrees is 45° 20' 38.616" N, 84° 53' 18.348" W. The county F.I.P.S. is 26047. This zip code contains four cities including Petoskey, MI (4.26%), Bay View, MI (0.30%), Conway, MI (0.11%), and Bay Shore, MI (0.09%) The total land area is 109.7 square miles and the water area is 14.5 square miles. The elevation in this area is 584 - 1063 feet. The zip code is on eastern standard time and observes daylight savings time.
The zip 49770 is in county number 029 and is L. Sector 91, L. Segment 01, H. Sector 01, and H. Segment 01. The population was 17,230 in 2019 and 16,862 in 2010. Of this, the break down in 2019 was 9,052 urban and 8,177 rural. This further breaks down to 8,352 males (48.5%) and 8,878 females (51.5%). The median age of residents is 43.4 years. The population density (people per square mile) is 157. This zip code has a combined total of 9,949 houses and condos. There are 2,693 rented appartments. 35% of residents rent versus the 35% 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 $63,388 and the average salary is $45,031. The median household income of individuals is $48,159.00 and the average is $79,330.00. This zip code has a mean commute time to work of 17.5 minutes. The unemployment rate is 3.1%. Income earners by percent breakdown as 52.40% (Under $50,000), 32.00% ($50,000-$100,000), and 15.60% earn over $100,000. 7.4% of residents live below poverty line versus the 13.0% in the state that are below this line. The cost of living index is 83.0. The educational breakdown is 95.6% have a high school education or higher, 38.2% have a bachelor's degree or higher, and 15.4% have some kind of profesional degree.
This area has 6,951 households and the average size is 2.2 people. Individuals who are single and have never been married are 29.2%, 50.2% are now married, 0.7% are separated, 6.4% are widowed, and 13.4% are divorced. The average yearly contribution amount given by people to charity was $4,317 versus the state average of $4,225. The percent of residents who gave to charity was 24.8%.
The estimated median value of houses and condos is $217,169. The median monthly owner costs of mortgage holders was $1,338, where as the costs for those who don't have a mortgage are $494. The median number of rooms in houses and condos are 6.4 versus apartments which had a median number of 4.2.
The real estate tax percent rate is 1.1% which equated to an average real estate tax amount payment of $2,415. 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 1.1% which amounted to an average tax amount of $2,418. Conversely, the median housing property tax percent for residents who don't have mortgages was 1.1% which amounted to an average tax amount of $2,419. Reported taxable interest for persons was $2,078, dividends $7,531, capital gains +$14,725, and itemized deductions $25,355. The average earned income tax credit is $1,998. The percent of individuals that use a tax preparer is 55.1%. The total average income taxes paid by individuals was $9,768. Businesses reported an average profit of $16,636.
Vintage Chophouse & Wine Bar
3600 Village Harbor Dr, Petoskey, MI 49770
Spicy Bob's Italian Express
1169 N Us Highway 31, Petoskey, MI 49770
Villa Ristorante
887 Spring St, Petoskey, MI 49770
Villa Ristorante
887 Spring St, Petoskey, MI 49770
Thai Orchid Cuisine
433 E Mitchell St, Petoskey, MI 49770
Pour Kitchen & Bar
422 E Mitchell St Unit 5, Petoskey, MI 49770
Up In Smoke BBQ
1208 N Us Highway 31, Petoskey, MI 49770
Crooked Tree Breadworks
2286 M 119, Petoskey, MI 49770
The Bistro
1900 N Us Highway 31, Petoskey, MI 49770
1911 Restaurant
1549 Glendale Ave, Petoskey, MI 49770
Bayside Restaurant
3890 Charlevoix Rd, Petoskey, MI 49770
Palette Bistro
321 Bay St, Petoskey, MI 49770
Chandler's A Restaurant
215 1/2 Howard St, Petoskey, MI 49770
City Park Grill
432 E Lake St, Petoskey, MI 49770
American Spoon Foods
411 E Lake St, Petoskey, MI 49770
Symons General Store
401 E Lake St, Petoskey, MI 49770
Johan's Pastry Shop
565 W Mitchell St, Petoskey, MI 49770
Tap30
422 E Mitchell St, Petoskey, MI 49770
Roast and Toast
560 W Mitchell St, Petoskey, MI 49770
Grain Train Market Cafe
316 E Mitchell St, Petoskey, MI 49770
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