Interested in purchasing investment houses in the 48109 zip code in Ann Arbor, MI?
The zip code 48109 is in Washtenaw county with a latitude of -83.723910000000 and longitude of 42.283740000000, is in the state of Michigan. The average asking price of houses and condos is $423,285.00 and the average sale price was $278,043.00. this regions is classified as the Detroit metro area and is in the 734 area code. The location in degrees is 42° 17' 1.464" N, 83° 43' 26.076" W. The county F.I.P.S. is 26161. The total land area is 1.0 square miles and the water area is 0.0 square miles. The zip code is on eastern standard time and observes daylight savings time.
The zip 48109 is in county number 161 and is L. Sector 00, L. Segment 10, H. Sector 10, and H. Segment 10. The population was 5,566 in 2019 and 6,904 in 2010. This further breaks down to 2,482 males (44.6%) and 3,084 females (55.4%). The median age of residents is 19.2 years. The population of the greater Ann Arbor, MI area is 353,808. The population density (people per square mile) is 5,699. This zip code has a combined total of 5 houses and condos. There are 5 rented appartments. 100% of residents rent versus the 100% of residents in the state who rent.
The financial status of those living in this area is considered lower middle class. The average individual gross adjusted income is $28,289 and the average salary is $27,844. The median household income of individuals is $19,797.00 and the average is $32,020.00. This zip code has a mean commute time to work of 14.5 minutes. The unemployment rate is 3.0%. Income earners by percent breakdown as 74.10% (Under $50,000), 19.40% ($50,000-$100,000), and 6.50% earn over $100,000. The cost of living index is 90.2. The educational breakdown is 86.5% have a high school education or higher, 47.5% have a bachelor's degree or higher, and 15.0% have some kind of profesional degree.
This area has 8 households and the average size is 2.2 people. Individuals who are single and have never been married are 98.5%, 0.9% are now married, 0.0% are separated, 0.3% are widowed, and 0.3% are divorced.
The real estate tax percent rate is 1.7% which equated to an average real estate tax amount payment of $6,265. 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. Reported taxable interest for persons was $633 and itemized deductions $8,606. The percent of individuals that use a tax preparer is 36.8%. The total average income taxes paid by individuals was $9,750. Businesses reported an average profit of $6,500.
The Chop House
322 S Main St, Ann Arbor, MI 48104 (1 miles away)
Ron's Roadside BBQ
5850 Pontiac Trl, Ann Arbor, MI 48105 (1.9 miles away)
Romano's Macaroni Grill
3010 S State St, Ann Arbor, MI 48108 (3 miles away)
Outback Steakhouse
3173 Oak Valley Dr, Ann Arbor, MI 48103 (3.7 miles away)
Express Seafood
2653 Ellsworth Rd, Ypsilanti, MI 48197 (5 miles away)
Maria's Italian Pizzeria
3344 S Grove St, Ypsilanti, MI 48198 (6.9 miles away)
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