Interested in purchasing investment houses in the 48097 zip code in Yale, MI?
The zip code 48097 is in both Saint Clair and Sanilac counties with a latitude of -82.829470000000 and longitude of 43.126000000000, is in the state of Michigan. The average asking price of houses and condos is $102,190.00 and the average sale price was $44,647.00. this regions is classified as the Detroit metro area and is in the 810 area code. The location in degrees is 43° 7' 33.6" N, 82° 49' 46.092" W. The county F.I.P.S. is 26147. The total land area is 76.3 square miles and the water area is 0.6 square miles. The elevation in this area is 755 - 814 feet. The zip code is on eastern standard time and observes daylight savings time.
The zip 48097 is in county number 151 and is L. Sector 94, L. Segment 01, H. Sector 01, and H. Segment 01. The population was 5,330 in 2019 and 5,499 in 2010. This further breaks down to 2,705 males (50.8%) and 2,624 females (49.2%). The median age of residents is 44.6 years. The population of the greater Detroit-Warren-Livonia, MI area is 4,473,111. The population density (people per square mile) is 70. This zip code has a combined total of 2,218 houses and condos. There are 485 rented appartments. 23% of residents rent versus the 23% 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 $42,808 and the average salary is $38,768. The median household income of individuals is $54,324.00 and the average is $49,900.00. This zip code has a mean commute time to work of 37.4 minutes. The unemployment rate is 6.3%. Income earners by percent breakdown as 45.40% (Under $50,000), 39.00% ($50,000-$100,000), and 15.60% earn over $100,000. 12.9% of residents live below poverty line versus the 13.0% in the state that are below this line. The cost of living index is 83.8. The educational breakdown is 88.8% have a high school education or higher, 12.1% have a bachelor's degree or higher, and 4.2% have some kind of profesional degree.
This area has 1,932 households and the average size is 2.5 people. Individuals who are single and have never been married are 26.4%, 50.4% are now married, 0.8% are separated, 7.8% are widowed, and 14.6% are divorced. The average yearly contribution amount given by people to charity was $2,324 versus the state average of $4,225. The percent of residents who gave to charity was 19.4%.
The estimated median value of houses and condos is $143,637. The median monthly owner costs of mortgage holders was $1,200, where as the costs for those who don't have a mortgage are $468. The median number of rooms in houses and condos are 6.4 versus apartments which had a median number of 4.3.
The real estate tax percent rate is 1.3% which equated to an average real estate tax amount payment of $1,882. 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 1.3% which amounted to an average tax amount of $1,973. 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 $1,767. Reported taxable interest for persons was $1,003, dividends $1,503, capital gains +$2,471, and itemized deductions $17,407. The average earned income tax credit is $2,100. The percent of individuals that use a tax preparer is 62.5%. The total average income taxes paid by individuals was $5,633. Businesses reported an average profit of $8,097.
Yale Hotel
119 Main St, Yale, MI 48097
Yale Family Dining
1 North St, Yale, MI 48097
J & J's Family Restaurant
1 North St, Yale, MI 48097
CJ's Restaurant
4 S.Main st, yale, MI 48097
BLIMPIE
215 S Main St, Yale, MI 48097
Yale Bakery
130 S Main St, Yale, MI 48097
Red Dog Cafe
208 S Main St, Yale, MI 48097
A&W All-American Food
208 N Main St, Yale, MI 48097
Melvin Tavern
1275 Main St, Melvin, MI 48454 (4.7 miles away)