Interested in purchasing investment houses in the 48116 zip code in Brighton, MI?
The zip code 48116 is in Livingston county with a latitude of -83.781980000000 and longitude of 42.505130000000, is in the state of Michigan. The average asking price of houses and condos is $237,524.00 and the average sale price was $180,220.00. this regions is classified as the Detroit metro area and is in the 810 area code. The location in degrees is 42° 30' 18.468" N, 83° 46' 55.128" W. The county F.I.P.S. is 26093. This zip code contains two cities including Brighton, MI (9.11%), and Whitmore Lake, MI (0.07%) The total land area is 36.6 square miles and the water area is 3.5 square miles. The elevation in this area is 886 - 961 feet. The zip code is on eastern standard time and observes daylight savings time.
The zip 48116 is in county number 093 and is L. Sector , L. Segment , H. Sector , and H. Segment . The population was 27,541 in 2019 and 26,432 in 2010. Of this, the break down in 2019 was 25,077 urban and 2,463 rural. This further breaks down to 13,584 males (49.3%) and 13,957 females (50.7%). The median age of residents is 46.4 years. The population of the greater Detroit-Warren-Livonia, MI area is 4,473,111. The population density (people per square mile) is 752. This zip code has a combined total of 11,996 houses and condos. There are 1,906 rented appartments. 17% of residents rent versus the 17% 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 $80,298 and the average salary is $68,916. The median household income of individuals is $86,801.00 and the average is $100,680.00. This zip code has a mean commute time to work of 30.9 minutes. The unemployment rate is 3.5%. Income earners by percent breakdown as 25.20% (Under $50,000), 31.10% ($50,000-$100,000), and 43.70% earn over $100,000. 4.8% of residents live below poverty line versus the 13.0% in the state that are below this line. The cost of living index is 90.2. The educational breakdown is 96.2% have a high school education or higher, 45.3% have a bachelor's degree or higher, and 16.5% have some kind of profesional degree.
This area has 10,538 households and the average size is 2.4 people. Individuals who are single and have never been married are 25.8%, 57.9% are now married, 0.3% are separated, 6.0% are widowed, and 10.0% are divorced. The average yearly contribution amount given by people to charity was $3,702 versus the state average of $4,225. The percent of residents who gave to charity was 39.5%.
The estimated median value of houses and condos is $292,581. The median monthly owner costs of mortgage holders was $1,703, where as the costs for those who don't have a mortgage are $616. 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 1.1% which equated to an average real estate tax amount payment of $3,336. 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 1.2% which amounted to an average tax amount of $3,419. Conversely, the median housing property tax percent for residents who don't have mortgages was 1.1% which amounted to an average tax amount of $3,141. Reported taxable interest for persons was $1,753, dividends $5,216, capital gains +$9,457, and itemized deductions $23,726. The average earned income tax credit is $1,667. The percent of individuals that use a tax preparer is 53.5%. The total average income taxes paid by individuals was $9,406. Businesses reported an average profit of $15,283.
Stillwater Grill
503 W Grand River Ave, Brighton, MI 48116
Sagano Japanese Bistro and Steakhouse
312 W Main St, Brighton, MI 48116
Ciao Amici's
217 W Main St, Brighton, MI 48116
Buon Gusto Bistro
501 W Main St, Brighton, MI 48116
Johnny Carino's
9475 Village Place Blvd, Brighton, MI 48116
Thai Express
112 W Grand River Ave, Brighton, MI 48116
Sushi Zen
114 W Grand River Ave, Brighton, MI 48116
Sagano of Brighton
312 W Main St, Brighton, MI 48116
Hissho Sushi
8650 W Grand River Ave, Brighton, MI 48116
Brighton Bar & Grill
400 W Main St, Brighton, MI 48116
Lu & Carl's Bar & Grill
100 W Main St, Brighton, MI 48116
The Golf Club at Mt. Brighton
4141 Bauer Rd, Brighton, MI 48116
The Breakfast Club
676 W Grand River Ave, Brighton, MI 48116
Greecian Island Restaurant
9994 E Grand River Ave, Brighton, MI 48116
Lynn's Cafe
180 N 1st St, Brighton, MI 48116
Two Brothers Coffee
423 W Main St, Brighton, MI 48116
Cozy Inn
10906 Grand River Rd, Brighton, MI 48116
Bagger Davexe2x80x99s Burger Tavern
110 E Grand River Ave, Brighton, MI 48116
Tri Square Construction
121 W North St Ste 2, Brighton, MI 48116
Olga's Kitchen
8485 W Grand River Ave, Brighton, MI 48116
Outback Steakhouse
7873 Conference Center Dr, Brighton, MI 48114 (2.7 miles away)
Hungry Howie's Pizza
4640 E M-36 Box 368, Lakeland, MI 48143 (6.3 miles away)