Interested in purchasing investment houses in the 48125 zip code in Dearborn Heights, MI?
The zip code 48125 is in Wayne county with a latitude of -83.265390000000 and longitude of 42.277910000000, is in the state of Michigan. The average asking price of houses and condos is $44,606.00 and the average sale price was $35,137.00. this regions is classified as the Detroit metro area and is in the 313 area code. The location in degrees is 42° 16' 40.476" N, 83° 15' 55.404" W. The county F.I.P.S. is 26163. The total land area is 4.0 square miles and the water area is 0.0 square miles. The elevation in this area is 597 - 610 feet. The zip code is on eastern standard time and observes daylight savings time.
The zip 48125 is in county number 163 and is L. Sector , L. Segment , H. Sector , and H. Segment . The population was 20,329 in 2019 and 21,273 in 2010. This further breaks down to 10,387 males (51.1%) and 9,941 females (48.9%). The median age of residents is 38.5 years. The population of the greater Detroit-Warren-Livonia, MI area is 4,473,111. The population density (people per square mile) is 5,020. This zip code has a combined total of 8,284 houses and condos. There are 2,141 rented appartments. 28% of residents rent versus the 28% 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 $36,466 and the average salary is $34,811. The median household income of individuals is $56,357.00 and the average is $40,760.00. This zip code has a mean commute time to work of 24.7 minutes. The unemployment rate is 5.2%. Income earners by percent breakdown as 42.80% (Under $50,000), 40.70% ($50,000-$100,000), and 16.60% earn over $100,000. 16.5% of residents live below poverty line versus the 13.0% in the state that are below this line. The cost of living index is 88.7. The educational breakdown is 87.3% have a high school education or higher, 15.9% have a bachelor's degree or higher, and 5.2% have some kind of profesional degree.
This area has 8,319 households and the average size is 2.6 people. Individuals who are single and have never been married are 36.7%, 41.1% are now married, 1.4% are separated, 7.6% are widowed, and 13.2% are divorced. The average yearly contribution amount given by people to charity was $2,288 versus the state average of $4,225. The percent of residents who gave to charity was 17.1%.
The estimated median value of houses and condos is $86,580. The median monthly owner costs of mortgage holders was $1,016, where as the costs for those who don't have a mortgage are $430. The median number of rooms in houses and condos are 5.5 versus apartments which had a median number of 5.1.
The real estate tax percent rate is 2.3% which equated to an average real estate tax amount payment of $1,997. 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 2.5% which amounted to an average tax amount of $2,135. Conversely, the median housing property tax percent for residents who don't have mortgages was 2.1% which amounted to an average tax amount of $1,899. Reported taxable interest for persons was $731, dividends $1,903, capital gains +$45, and itemized deductions $14,630. The average earned income tax credit is $2,374. The percent of individuals that use a tax preparer is 59.9%. The total average income taxes paid by individuals was $4,846. Businesses reported an average profit of $7,731.
Ponderosa Steakhouse
19014 Van Born Rd, Dearborn Heights, MI 48125
Ram's Horn Restaurant
4900 S Telegraph Rd, Dearborn Heights, MI 48125
Lenny's
5152 S Beech Daly St, Dearborn Heights, MI 48125
Lum's Chop Suey
23634 Van Born Rd, Dearborn Heights, MI 48125
Bangkok 96 Restaurant
2450 S Telegraph Rd, Dearborn, MI 48124 (1.2 miles away)
Glenwood
29803 Glenwood St, Inkster, MI 48141 (3 miles away)
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