Interested in purchasing investment houses in the 48103 zip code in Ann Arbor, MI?
The zip code 48103 is in Washtenaw county with a latitude of -83.843240000000 and longitude of 42.259910000000, is in the state of Michigan. The average asking price of houses and condos is $316,047.00 and the average sale price was $246,650.00. this regions is classified as the Detroit metro area and is in the 734 area code. The location in degrees is 42° 15' 35.676" N, 83° 50' 35.664" W. The county F.I.P.S. is 26161. The total land area is 65.1 square miles and the water area is 0.5 square miles. The elevation in this area is 827 - 981 feet. The zip code is on eastern standard time and observes daylight savings time.
The zip 48103 is in county number 161 and is L. Sector 14, L. Segment 01, H. Sector 01, and H. Segment 01. The population was 55,719 in 2019 and 53,057 in 2010. Of this, the break down in 2019 was 51,841 urban and 3,877 rural. This further breaks down to 27,479 males (49.3%) and 28,239 females (50.7%). The median age of residents is 38.5 years. The population of the greater Ann Arbor, MI area is 353,808. The population density (people per square mile) is 856. This zip code has a combined total of 25,167 houses and condos. There are 7,974 rented appartments. 33% of residents rent versus the 33% 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 $88,107 and the average salary is $75,450. The median household income of individuals is $75,649.00 and the average is $121,490.00. This zip code has a mean commute time to work of 23.3 minutes. The unemployment rate is 2.4%. Income earners by percent breakdown as 31.90% (Under $50,000), 33.00% ($50,000-$100,000), and 35.10% earn over $100,000. 6.4% of residents live below poverty line versus the 13.0% in the state that are below this line. The cost of living index is 95.1. The educational breakdown is 100.6% have a high school education or higher, 77.4% have a bachelor's degree or higher, and 47.1% have some kind of profesional degree.
This area has 23,208 households and the average size is 2.3 people. Individuals who are single and have never been married are 33.2%, 53.7% are now married, 0.5% are separated, 3.7% are widowed, and 8.9% are divorced. The average yearly contribution amount given by people to charity was $4,286 versus the state average of $4,225. The percent of residents who gave to charity was 38.7%.
The estimated median value of houses and condos is $390,882. The median monthly owner costs of mortgage holders was $2,123, where as the costs for those who don't have a mortgage are $829. The median number of rooms in houses and condos are 7.1 versus apartments which had a median number of 4.0.
The real estate tax percent rate is 1.6% which equated to an average real estate tax amount payment of $6,168. 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 1.6% which amounted to an average tax amount of $6,279. Conversely, the median housing property tax percent for residents who don't have mortgages was 1.6% which amounted to an average tax amount of $5,975. Reported taxable interest for persons was $1,616, dividends $7,106, capital gains +$12,418, and itemized deductions $25,581. The average earned income tax credit is $1,591. The percent of individuals that use a tax preparer is 46.0%. The total average income taxes paid by individuals was $11,749. Businesses reported an average profit of $20,745.
Outback Steakhouse
3173 Oak Valley Dr, Ann Arbor, MI 48103
Godaiko Japanese Restaurant
3115 Oak Valley Dr, Ann Arbor, MI 48103
DKY Sushi
283 S Zeeb Rd Ste H, Ann Arbor, MI 48103
Metzger's German Restaurant
305 N Zeeb Rd, Ann Arbor, MI 48103
Texas Roadhouse
3133 Ann Arbor Saline Rd, Ann Arbor, MI 48103
Bagger Davexe2x80x99s Burger Tavern
859 W Eisenhower Pkwy, Ann Arbor, MI 48103
Uptown Coney Island
3917 Jackson Rd, Ann Arbor, MI 48103
Dimo's Deli & Donuts
2030 W Stadium Blvd, Ann Arbor, MI 48103
The Jefferson Market
609 W Jefferson St, Ann Arbor, MI 48103
Paradise Restaurant
883 W Eisenhower Pkwy, Ann Arbor, MI 48103
V Kitchen Vietnamese Cuisine
Ann Arbor, MI 48103
Metzger's German Restaurant
305 N Zeeb Rd, Ann Arbor, MI 48103
China King
3901 Jackson Rd, Ann Arbor, MI 48103
The Chop House
322 S Main St, Ann Arbor, MI 48104 (2.9 miles away)
Ron's Roadside BBQ
5850 Pontiac Trl, Ann Arbor, MI 48105 (4.3 miles away)
Romano's Macaroni Grill
3010 S State St, Ann Arbor, MI 48108 (5.3 miles away)
Mac's Acadian Seafood Shack
104 E Michigan Ave, Saline, MI 48176 (7.6 miles away)
Red Brick Kitchen & Bar
8093 Main St, Dexter, MI 48130 (8.1 miles away)
Express Seafood
2653 Ellsworth Rd, Ypsilanti, MI 48197 (8.4 miles away)
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