Interested in purchasing investment houses in the 48075 zip code in Southfield, MI?
The zip code 48075 is in Oakland county with a latitude of -83.230420000000 and longitude of 42.462060000000, is in the state of Michigan. The average asking price of houses and condos is $64,239.00 and the average sale price was $58,552.00. this regions is classified as the Detroit metro area and consists of the following area codes: 248 and 947. The location in degrees is 42° 27' 43.416" N, 83° 13' 49.512" W. The county F.I.P.S. is 26125. The total land area is 7.4 square miles and the water area is 0.0 square miles. The elevation in this area is 663 - 686 feet. The zip code is on eastern standard time and observes daylight savings time.
The zip 48075 is in county number 125 and is L. Sector , L. Segment , H. Sector , and H. Segment . The population was 21,995 in 2019 and 21,790 in 2010. This further breaks down to 9,672 males (44.0%) and 12,323 females (56.0%). The median age of residents is 45.2 years. The population of the greater Detroit-Warren-Livonia, MI area is 4,473,111. The population density (people per square mile) is 2,974. This zip code has a combined total of 10,270 houses and condos. There are 4,081 rented appartments. 44% of residents rent versus the 44% 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 $54,845 and the average salary is $42,150. The median household income of individuals is $64,924.00 and the average is $56,080.00. This zip code has a mean commute time to work of 24.0 minutes. The unemployment rate is 5.9%. Income earners by percent breakdown as 38.10% (Under $50,000), 35.40% ($50,000-$100,000), and 26.50% earn over $100,000. 9.0% of residents live below poverty line versus the 13.0% in the state that are below this line. The cost of living index is 89.8. The educational breakdown is 94.1% have a high school education or higher, 33.9% have a bachelor's degree or higher, and 14.2% have some kind of profesional degree.
This area has 9,178 households and the average size is 2.3 people. Individuals who are single and have never been married are 37.6%, 37.8% are now married, 2.0% are separated, 7.3% are widowed, and 15.3% are divorced. The average yearly contribution amount given by people to charity was $8,421 versus the state average of $4,225. The percent of residents who gave to charity was 31.1%.
The estimated median value of houses and condos is $164,535. The median monthly owner costs of mortgage holders was $1,457, where as the costs for those who don't have a mortgage are $658. The median number of rooms in houses and condos are 6.7 versus apartments which had a median number of 4.4.
The real estate tax percent rate is 2.1% which equated to an average real estate tax amount payment of $3,423. 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 2.1% which amounted to an average tax amount of $3,514. Conversely, the median housing property tax percent for residents who don't have mortgages was 2.0% which amounted to an average tax amount of $3,271. Reported taxable interest for persons was $2,236, dividends $7,807, capital gains +$28,638, and itemized deductions $22,710. The average earned income tax credit is $2,329. The percent of individuals that use a tax preparer is 57.2%. The total average income taxes paid by individuals was $6,951. Businesses reported an average profit of $7,385.
Brann Enterprises Inc
24445 Northwestern Hwy, Southfield, MI 48075
Fuddruckers
25309 Evergreen Rd, Southfield, MI 48075
No 1 Chinese Food
20272 W 8 Mile Rd, Southfield, MI 48075
Chen China Town
23990 Philip Dr, Southfield, MI 48075
Wok In Cari Out
15600 W 10 Mile Rd, Southfield, MI 48075
Pizza Papalis Southfield
23703 Greenfield Rd, Southfield, MI 48075
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