Interested in purchasing investment houses in the 48124 zip code in Dearborn, MI?
The zip code 48124 is in Wayne county with a latitude of -83.247560000000 and longitude of 42.298320000000, is in the state of Michigan. The average asking price of houses and condos is $105,464.00 and the average sale price was $81,057.00. this regions is classified as the Detroit metro area and is in the 313 area code. The location in degrees is 42° 17' 53.952" N, 83° 14' 51.216" W. The county F.I.P.S. is 26163. This zip code contains two cities including Dearborn, MI (99.72%), and Allen Park, MI (0.28%) The total land area is 8.9 square miles and the water area is 0.0 square miles. The elevation in this area is 591 - 604 feet. The zip code is on eastern standard time and observes daylight savings time.
The zip 48124 is in county number 163 and is L. Sector , L. Segment , H. Sector , and H. Segment . The population was 28,705 in 2019 and 31,732 in 2010. This further breaks down to 13,934 males (48.5%) and 14,771 females (51.5%). The median age of residents is 40.5 years. The population of the greater Detroit-Warren-Livonia, MI area is 4,473,111. The population density (people per square mile) is 3,242. This zip code has a combined total of 13,186 houses and condos. There are 2,562 rented appartments. 22% of residents rent versus the 22% 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 $59,940 and the average salary is $53,647. The median household income of individuals is $67,302.00 and the average is $71,270.00. This zip code has a mean commute time to work of 22.6 minutes. The unemployment rate is 3.4%. Income earners by percent breakdown as 34.10% (Under $50,000), 38.70% ($50,000-$100,000), and 27.20% earn over $100,000. 11.0% of residents live below poverty line versus the 13.0% in the state that are below this line. The cost of living index is 88.8. The educational breakdown is 94.5% have a high school education or higher, 36.9% have a bachelor's degree or higher, and 15.7% have some kind of profesional degree.
This area has 13,593 households and the average size is 2.4 people. Individuals who are single and have never been married are 32.6%, 49.7% are now married, 0.7% are separated, 6.1% are widowed, and 11.0% are divorced. The average yearly contribution amount given by people to charity was $3,274 versus the state average of $4,225. The percent of residents who gave to charity was 33.3%.
The estimated median value of houses and condos is $151,487. The median monthly owner costs of mortgage holders was $1,348, where as the costs for those who don't have a mortgage are $593. The median number of rooms in houses and condos are 6.2 versus apartments which had a median number of 5.1.
The real estate tax percent rate is 2.4% which equated to an average real estate tax amount payment of $3,570. 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 2.3% which amounted to an average tax amount of $3,583. Conversely, the median housing property tax percent for residents who don't have mortgages was 2.5% which amounted to an average tax amount of $3,568. Reported taxable interest for persons was $1,354, dividends $4,255, capital gains +$3,818, and itemized deductions $19,705. The average earned income tax credit is $2,040. The percent of individuals that use a tax preparer is 59.7%. The total average income taxes paid by individuals was $8,584. Businesses reported an average profit of $12,247.
Bangkok 96 Restaurant
2450 S Telegraph Rd, Dearborn, MI 48124
Westpoint Barbeque
25301 Michigan Ave, Dearborn, MI 48124
Ford's Garage
21367 Michigan Ave, Dearborn, MI 48124
Eagle Tavern
20900 Oakwood Blvd Henry Ford Greenfield Village, Dearborn, MI 48124
Miller's Bar
23700 Michigan Ave, Dearborn, MI 48124
L.A. Bistro
21928 Michigan Ave, Dearborn, MI 48124
Edison's
20301 Oakwood Blvd, Dearborn, MI 48124
Leon's
23830 Michigan Ave, Dearborn, MI 48124
Lamy's Diner
20900 Oakwood Blvd, Dearborn, MI 48124
A Taste of History
20900 Oakwood Blvd, Dearborn, MI 48124
Bar Louie
22269 Michigan Ave, Dearborn, MI 48124
Mint 29
22000 Michigan Ave, Dearborn, MI 48124
Brome Modern Eatery
22062 Michigan Ave, Dearborn, MI 48124
When my husband passed away suddenly, I was left with a home I had to sell fast. The experts from We Buy Homes dealt with me professionally, fairly, and honestly. I didn’t have to list my house and I didn’t have to deal with strangers walking through my home. And I didn’t have to pay a realtor! They handled everything and that provided the peace of mind I needed during such a difficult time. I highly recommend them!
