Interested in purchasing investment houses in the 48042 zip code in Macomb, MI?
The zip code 48042 is in Macomb county with a latitude of -82.908610000000 and longitude of 42.686770000000, is in the state of Michigan. The average asking price of houses and condos is $204,737.00 and the average sale price was $144,110.00. this regions is classified as the Detroit metro area and is in the 586 area code. The location in degrees is 42° 41' 12.372" N, 82° 54' 30.996" W. The county F.I.P.S. is 26099. The total land area is 22.7 square miles and the water area is 0.0 square miles. The elevation in this area is 594 - 630 feet. The zip code is on eastern standard time and observes daylight savings time.
The zip 48042 is in county number 125 and is L. Sector 00, L. Segment 01, H. Sector 60, and H. Segment 60. The population was 31,828 in 2019 and 27,291 in 2010. Of this, the break down in 2019 was 28,221 urban and 3,606 rural. This further breaks down to 15,665 males (49.2%) and 16,163 females (50.8%). The median age of residents is 41.8 years. The population of the greater Detroit-Warren-Livonia, MI area is 4,473,111. The population density (people per square mile) is 1,401. This zip code has a combined total of 11,323 houses and condos. There are 234 rented appartments. 2% of residents rent versus the 2% 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 $68,535 and the average salary is $63,687. The median household income of individuals is $106,009.00 and the average is $82,670.00. This zip code has a mean commute time to work of 31.9 minutes. The unemployment rate is 1.8%. Income earners by percent breakdown as 13.90% (Under $50,000), 30.10% ($50,000-$100,000), and 56.00% earn over $100,000. 4.9% of residents live below poverty line versus the 13.0% in the state that are below this line. The cost of living index is 91.6. The educational breakdown is 94.5% have a high school education or higher, 35.0% have a bachelor's degree or higher, and 14.3% have some kind of profesional degree.
This area has 9,209 households and the average size is 2.9 people. Individuals who are single and have never been married are 22.7%, 63.2% are now married, 0.1% are separated, 6.4% are widowed, and 7.6% are divorced. The average yearly contribution amount given by people to charity was $2,544 versus the state average of $4,225. The percent of residents who gave to charity was 44.1%.
The estimated median value of houses and condos is $307,840. The median monthly owner costs of mortgage holders was $1,808, where as the costs for those who don't have a mortgage are $587. The median number of rooms in houses and condos are 6.9 versus apartments which had a median number of 6.5.
The real estate tax percent rate is 1.1% which equated to an average real estate tax amount payment of $3,417. 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 $3,548. 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 $3,001. Reported taxable interest for persons was $930, dividends $2,219, capital gains +$1,181, and itemized deductions $20,211. The average earned income tax credit is $1,907. The percent of individuals that use a tax preparer is 62.0%. The total average income taxes paid by individuals was $7,364. Businesses reported an average profit of $11,903.
Moni's Restaurant
16600 24 Mile Rd, Macomb, MI 48042
Kit Kat Klub
55140 Romeo Plank Rd, Macomb, MI 48042
New China Gourmet
21960 23 Mile Rd, Macomb, MI 48042
Oliver's Pizza
16736 26 Mile Rd, Macomb, MI 48042
Jet's Pizza
16376 26 Mile Rd, Macomb, MI 48042
Dragon Phoenix
18411 Hall Rd, Macomb, MI 48044 (2.2 miles away)
Buca di Beppo Italian Restaurant
12575 Hall Rd, Utica, MI 48315 (4.2 miles away)
Luciano's Restaurant
39091 Garfield Rd, Clinton Township, MI 48038 (4.3 miles away)
Louis' Chop House
50355 Gratiot Ave, Chesterfield, MI 48051 (5.1 miles away)
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