Interested in purchasing investment houses in the 48084 zip code in Troy, MI?
The zip code 48084 is in Oakland county with a latitude of -83.175720000000 and longitude of 42.560640000000, is in the state of Michigan. The average asking price of houses and condos is $237,304.00 and the average sale price was $174,398.00. 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° 33' 38.304" N, 83° 10' 32.592" W. The county F.I.P.S. is 26125. This zip code contains two cities including Troy, MI (99.19%), and Royal Oak, MI (0.81%) The total land area is 6.2 square miles and the water area is 0.0 square miles. The elevation in this area is 689 - 778 feet. The zip code is on eastern standard time and observes daylight savings time.
The zip 48084 is in county number 125 and is L. Sector 00, L. Segment 71, H. Sector 71, and H. Segment 71. The population was 15,908 in 2019 and 14,231 in 2010. This further breaks down to 8,081 males (50.8%) and 7,827 females (49.2%). The median age of residents is 38.3 years. The population of the greater Detroit-Warren-Livonia, MI area is 4,473,111. The population density (people per square mile) is 2,574. This zip code has a combined total of 7,253 houses and condos. There are 3,557 rented appartments. 53% of residents rent versus the 53% 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 $119,730 and the average salary is $92,549. The median household income of individuals is $85,303.00 and the average is $136,250.00. This zip code has a mean commute time to work of 24.2 minutes. The unemployment rate is 3.2%. Income earners by percent breakdown as 23.30% (Under $50,000), 35.50% ($50,000-$100,000), and 41.20% 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 91.7. The educational breakdown is 99.9% have a high school education or higher, 73.4% have a bachelor's degree or higher, and 36.8% have some kind of profesional degree.
This area has 6,135 households and the average size is 2.4 people. Individuals who are single and have never been married are 23.5%, 64.1% are now married, 0.5% are separated, 3.7% are widowed, and 8.2% are divorced. The average yearly contribution amount given by people to charity was $5,215 versus the state average of $4,225. The percent of residents who gave to charity was 34.9%.
The estimated median value of houses and condos is $376,949. The median monthly owner costs of mortgage holders was $1,952, where as the costs for those who don't have a mortgage are $693. The median number of rooms in houses and condos are 7.7 versus apartments which had a median number of 3.9.
The real estate tax percent rate is 1.3% which equated to an average real estate tax amount payment of $5,022. 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 1.4% which amounted to an average tax amount of $5,213. 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 $4,707. Reported taxable interest for persons was $2,473, dividends $8,603, capital gains +$27,004, and itemized deductions $30,361. The average earned income tax credit is $1,463. The percent of individuals that use a tax preparer is 57.7%. The total average income taxes paid by individuals was $14,671. Businesses reported an average profit of $50,519.
The Capital Grille
2800 W Big Beaver Rd, Troy, MI 48084
Ruth's Chris Steak House
755 W Big Beaver Rd Ste 151, Troy, MI 48084
Morton's The Steakhouse
888 W Big Beaver Rd Ste 111, Troy, MI 48084
Maggiano's Little Italy
2089 W Big Beaver Rd, Troy, MI 48084
Brio Tuscan Grille
2801 W Big Beaver Rd, Troy, MI 48084
Papa Vino's
1317 Coolidge Hwy, Troy, MI 48084
J. Alexander's
2800 W Big Beaver Rd, Troy, MI 48084
Ocean Prime Detroit
2915 Coolidge Hwy, Troy, MI 48084
Recipes Restaurant
2919 Crooks Rd, Troy, MI 48084
P.F. Chang's
2801 W Big Beaver Rd Ste D112, Troy, MI 48084
China Town of Somerset
2800 W Big Beaver Rd Ste Y-329, Troy, MI 48084
Shield's Restaurant Bar Pizzeria
1476 W Maple Rd, Troy, MI 48084
Rugby Grille
100 Townsend St, Birmingham, MI 48009 (2.1 miles away)