Interested in purchasing investment houses in the 48005 zip code in Armada, MI?
The zip code 48005 is in Macomb county with a latitude of -82.923060000000 and longitude of 42.850260000000, is in the state of Michigan. The average asking price of houses and condos is $148,878.00 and the average sale price was $131,000.00. this regions is classified as the Detroit metro area and is in the 586 area code. The location in degrees is 42° 51' 0.936" N, 82° 55' 23.016" W. The county F.I.P.S. is 26099. The total land area is 36.5 square miles and the water area is 0.1 square miles. The elevation in this area is 722 - 794 feet. The zip code is on eastern standard time and observes daylight savings time.
The zip 48005 is in county number 099 and is L. Sector 00, L. Segment 01, H. Sector 20, and H. Segment 20. The population was 5,569 in 2019 and 5,379 in 2010. This further breaks down to 2,796 males (50.2%) and 2,772 females (49.8%). The median age of residents is 46.7 years. The population of the greater Detroit-Warren-Livonia, MI area is 4,473,111. The population density (people per square mile) is 153. This zip code has a combined total of 2,135 houses and condos. There are 169 rented appartments. 8% of residents rent versus the 8% of residents in the state who rent.
The financial status of those living in this area is considered middle class. The average individual gross adjusted income is $58,110 and the average salary is $50,707. The median household income of individuals is $80,765.00 and the average is $77,860.00. This zip code has a mean commute time to work of 33.5 minutes. The unemployment rate is 3.5%. Income earners by percent breakdown as 26.70% (Under $50,000), 35.80% ($50,000-$100,000), and 37.50% earn over $100,000. 4.5% of residents live below poverty line versus the 13.0% in the state that are below this line. The cost of living index is 84.5. The educational breakdown is 94.8% have a high school education or higher, 18.7% have a bachelor's degree or higher, and 6.7% have some kind of profesional degree.
This area has 1,894 households and the average size is 2.6 people. Individuals who are single and have never been married are 28.8%, 56.2% are now married, 0.4% are separated, 6.0% are widowed, and 8.6% are divorced. The average yearly contribution amount given by people to charity was $2,351 versus the state average of $4,225. The percent of residents who gave to charity was 33.3%.
The estimated median value of houses and condos is $229,221. The median monthly owner costs of mortgage holders was $1,476, where as the costs for those who don't have a mortgage are $460. The median number of rooms in houses and condos are 6.4 versus apartments which had a median number of 4.1.
The real estate tax percent rate is 1.2% which equated to an average real estate tax amount payment of $2,840. 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 1.2% which amounted to an average tax amount of $2,923. Conversely, the median housing property tax percent for residents who don't have mortgages was 1.3% which amounted to an average tax amount of $2,524. Reported taxable interest for persons was $908, dividends $3,253, capital gains +$669, and itemized deductions $18,859. The average earned income tax credit is $2,068. The percent of individuals that use a tax preparer is 64.4%. The total average income taxes paid by individuals was $7,067. Businesses reported an average profit of $8,195.
Blake's Tasting Room
17985 Armada Center Rd, Armada, MI 48005
Papa's of Armada Family Restaurant
23056 E Main St, Armada, MI 48005
Chaps Food & Spirits
23084 E Main St, Armada, MI 48005
Krispy Krunchy Chicken
16567 32 Mile Rd, Armada, MI 48005
Kozy Korner Saloon
22991 W Main St, Armada, MI 48005
Oliver's Pizza
16567 32 Mile Rd, Armada, MI 48005
Ken's Country Kitchen
69232 N Main St, Richmond, MI 48062 (4.6 miles away)
Dd
21469 31 Mile Rd, Ray, MI 48096 (6.2 miles away)
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