Interested in purchasing investment houses in the 48076 zip code in Southfield, MI?
The zip code 48076 is in Oakland county with a latitude of -83.230880000000 and longitude of 42.497500000000, is in the state of Michigan. The average asking price of houses and condos is $83,564.00 and the average sale price was $65,783.00. 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° 29' 51" N, 83° 13' 51.168" W. The county F.I.P.S. is 26125. This zip code contains two cities including Southfield, MI (78.92%), and Lathrup Village, MI (21.08%) The total land area is 7.1 square miles and the water area is 0.0 square miles. The elevation in this area is 699 - 725 feet. The zip code is on eastern standard time and observes daylight savings time.
The zip 48076 is in county number 125 and is L. Sector 00, L. Segment 01, H. Sector 35, and H. Segment 35. The population was 25,219 in 2019 and 25,386 in 2010. This further breaks down to 12,020 males (47.7%) and 13,198 females (52.3%). The median age of residents is 42.6 years. The population of the greater Detroit-Warren-Livonia, MI area is 4,473,111. The population density (people per square mile) is 3,542. This zip code has a combined total of 10,428 houses and condos. There are 2,677 rented appartments. 27% of residents rent versus the 27% 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 $58,401 and the average salary is $47,235. The median household income of individuals is $77,052.00 and the average is $62,170.00. This zip code has a mean commute time to work of 24.5 minutes. The unemployment rate is 6.0%. Income earners by percent breakdown as 30.50% (Under $50,000), 34.20% ($50,000-$100,000), and 35.30% 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 90.0. The educational breakdown is 93.2% have a high school education or higher, 45.3% have a bachelor's degree or higher, and 20.3% have some kind of profesional degree.
This area has 10,003 households and the average size is 2.5 people. Individuals who are single and have never been married are 36.2%, 44.4% are now married, 1.3% are separated, 6.5% are widowed, and 11.7% are divorced. The average yearly contribution amount given by people to charity was $5,095 versus the state average of $4,225. The percent of residents who gave to charity was 36.7%.
The estimated median value of houses and condos is $189,414. The median monthly owner costs of mortgage holders was $1,547, where as the costs for those who don't have a mortgage are $648. The median number of rooms in houses and condos are 7.3 versus apartments which had a median number of 4.9.
The real estate tax percent rate is 2.0% which equated to an average real estate tax amount payment of $3,764. 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 2.0% which amounted to an average tax amount of $3,902. Conversely, the median housing property tax percent for residents who don't have mortgages was 1.9% which amounted to an average tax amount of $3,385. Reported taxable interest for persons was $1,607, dividends $12,875, capital gains +$10,589, and itemized deductions $20,650. The average earned income tax credit is $2,109. The percent of individuals that use a tax preparer is 55.3%. The total average income taxes paid by individuals was $7,418. Businesses reported an average profit of $6,584.
Detroit Shrimp & Fish
30780 Southfield Rd, Southfield, MI 48076
Arkan Sweet BBQ Pit
30140 Southfield Rd, Southfield, MI 48076
Southfield Pancake House
29295 Southfield Rd, Southfield, MI 48076
Restaurant Crush
30855 Southfield Rd, Southfield, MI 48076
Sweet Lorraine's Cafe & Bar
29101 Greenfield Rd, Southfield, MI 48076
Applebee's
29177 Southfield Rd, Southfield, MI 48076
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