Interested in purchasing investment houses in the 48160 zip code in Milan, MI?
The zip code 48160 is in both Monroe and Washtenaw counties with a latitude of -83.678860000000 and longitude of 42.080850000000, is in the state of Michigan. The average asking price of houses and condos is $119,105.00 and the average sale price was $102,681.00. this regions is classified as the Detroit metro area and is in the 734 area code. The location in degrees is 42° 4' 51.06" N, 83° 40' 43.896" W. The county F.I.P.S. is 26161. The total land area is 80.5 square miles and the water area is 0.4 square miles. The elevation in this area is 656 - 778 feet. The zip code is on eastern standard time and observes daylight savings time.
The zip 48160 is in county number 115 and is L. Sector , L. Segment , H. Sector , and H. Segment . The population was 13,712 in 2019 and 13,785 in 2010. Of this, the break down in 2019 was 7,753 urban and 5,958 rural. This further breaks down to 7,285 males (53.1%) and 6,426 females (46.9%). The median age of residents is 41.0 years. The population of the greater Monroe, MI area is 155,856. The population density (people per square mile) is 170. This zip code has a combined total of 5,018 houses and condos. There are 837 rented appartments. 18% of residents rent versus the 18% 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 $55,202 and the average salary is $48,446. The median household income of individuals is $68,977.00 and the average is $65,660.00. This zip code has a mean commute time to work of 28.1 minutes. The unemployment rate is 2.2%. Income earners by percent breakdown as 34.30% (Under $50,000), 38.70% ($50,000-$100,000), and 27.00% earn over $100,000. 3.9% of residents live below poverty line versus the 13.0% in the state that are below this line. The cost of living index is 89.3. The educational breakdown is 93.7% have a high school education or higher, 25.0% have a bachelor's degree or higher, and 8.5% have some kind of profesional degree.
This area has 4,677 households and the average size is 2.6 people. Individuals who are single and have never been married are 28.0%, 50.1% are now married, 1.0% are separated, 5.0% are widowed, and 16.0% are divorced. The average yearly contribution amount given by people to charity was $2,963 versus the state average of $4,225. The percent of residents who gave to charity was 29.2%.
The estimated median value of houses and condos is $210,534. The median monthly owner costs of mortgage holders was $1,454, where as the costs for those who don't have a mortgage are $578. The median number of rooms in houses and condos are 6.7 versus apartments which had a median number of 4.8.
The real estate tax percent rate is 1.5% which equated to an average real estate tax amount payment of $3,208. 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 $3,347. Conversely, the median housing property tax percent for residents who don't have mortgages was 1.4% which amounted to an average tax amount of $2,957. Reported taxable interest for persons was $947, dividends $2,505, capital gains +$2,770, and itemized deductions $18,689. The average earned income tax credit is $1,985. The percent of individuals that use a tax preparer is 56.3%. The total average income taxes paid by individuals was $6,806. Businesses reported an average profit of $10,085.
Station 3 BBQ
309 Dexter St, Milan, MI 48160
Ann Arbor Restaurant Equipment
Northwood, Milan, MI 48160
Original Gravity Brewing Compnay
440 County St, Milan, MI 48160
China One
29 E Main St, Milan, MI 48160
Hungry Howie's
6 W Main St, Milan, MI 48160
JR's Hometown Grill & Pub
1000 Dexter St, Milan, MI 48160
Cone Deli & Catering
20130 Cone Rd, Milan, MI 48160
The Morning Owl Coffee Corp.
9 W Main St, Milan, MI 48160
The Owl, Morning 'til Night
9 W Main St, Milan, MI 48160
Peet's Coffee & Tea
531 W Main St, Milan, MI 48160
Milan Coney Island
1152 Dexter St, Milan, MI 48160
Milan Coffee Works
508 County St, Milan, MI 48160
Brooklyn's Sidetrack
422 Wabash St, Milan, MI 48160
Royss BBQ N Burgers
25 Wabash St, Milan, MI 48160
Wasem Fruit Farm
6580 Judd Rd, Milan, MI 48160
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