Interested in purchasing investment houses in the 48088 zip code in Warren, MI?
The zip code 48088 is in Macomb county with a latitude of -82.982970000000 and longitude of 42.515650000000, is in the state of Michigan. The average asking price of houses and condos is $84,402.00 and the average sale price was $70,654.00. this regions is classified as the Detroit metro area and is in the 586 area code. The location in degrees is 42° 30' 56.34" N, 82° 58' 58.692" W. The county F.I.P.S. is 26099. The total land area is 4.4 square miles and the water area is 0.0 square miles. The elevation in this area is 607 - 614 feet. The zip code is on eastern standard time and observes daylight savings time.
The zip 48088 is in county number 099 and is L. Sector 51, L. Segment 21, H. Sector 21, and H. Segment 21. The population was 22,431 in 2019. This further breaks down to 11,109 males (49.5%) and 11,321 females (50.5%). The median age of residents is 44.7 years. The population of the greater Detroit-Warren-Livonia, MI area is 4,473,111. The population density (people per square mile) is 5,056. This zip code has a combined total of 9,577 houses and condos. There are 1,736 rented appartments. 19% of residents rent versus the 19% 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 $44,278 and the average salary is $41,539. The median household income of individuals is $63,987.00 and the average is $51,190.00. This zip code has a mean commute time to work of 26.9 minutes. The unemployment rate is 3.5%. Income earners by percent breakdown as 37.80% (Under $50,000), 38.30% ($50,000-$100,000), and 24.00% earn over $100,000. 8.2% of residents live below poverty line versus the 13.0% in the state that are below this line. The cost of living index is 84.3. The educational breakdown is 92.3% have a high school education or higher, 23.5% have a bachelor's degree or higher, and 7.6% have some kind of profesional degree.
This area has 9,164 households and the average size is 2.4 people. Individuals who are single and have never been married are 30.8%, 50.0% are now married, 1.5% are separated, 7.3% are widowed, and 10.5% are divorced. The average yearly contribution amount given by people to charity was $2,394 versus the state average of $4,225. The percent of residents who gave to charity was 25.5%.
The estimated median value of houses and condos is $161,881. The median monthly owner costs of mortgage holders was $1,228, where as the costs for those who don't have a mortgage are $482. The median number of rooms in houses and condos are 6.0 versus apartments which had a median number of 4.1.
The real estate tax percent rate is 1.8% which equated to an average real estate tax amount payment of $2,861. 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 1.8% which amounted to an average tax amount of $2,978. Conversely, the median housing property tax percent for residents who don't have mortgages was 1.7% which amounted to an average tax amount of $2,727. Reported taxable interest for persons was $1,042, dividends $2,511, capital gains +$849, and itemized deductions $16,118. The average earned income tax credit is $2,004. The percent of individuals that use a tax preparer is 58.0%. The total average income taxes paid by individuals was $5,824. Businesses reported an average profit of $8,294.
Ruby Chinese Restaurant
13720 E 14 Mile Rd, Warren, MI 48088
Tringali's Bakery
29100 Schoenherr Rd, Warren, MI 48088
Crab House
27167 Van Dyke Ave, Warren, MI 48093 (0.7 miles away)
Mr Pauls Chop House
29850 Groesbeck Hwy, Roseville, MI 48066 (2.4 miles away)
N Enter
17350 Malyn Blvd, Fraser, MI 48026 (2.6 miles away)
Lone Star Steakhouse
33950 Van Dyke Ave, Sterling Heights, MI 48312 (3.1 miles away)
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