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| The First and Original 1-800-932-8946 | |
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Investors
Interested in purchasing investment houses in the 48162 zip code in Monroe, MI?
Detailed Demographic Statistics
The zip code 48162 is in Monroe county, is in the state of Michigan. This zip code contains four cities including Monroe, MI (11.36%), Detroit Beach, MI (1.13%), Woodland Beach, MI (0.89%), and Maybee, MI (0.37%) The total land area is 57.2 square miles and the water area is 1.5 square miles.
The zip 48162 is in county number and is L. Sector , L. Segment , H. Sector , and H. Segment . The population was 27,960 in 2019 and 29,344 in 2010. Of this, the break down in 2019 was 22,653 urban and 5,306 rural. This further breaks down to 13,317 males (47.6%) and 14,643 females (52.4%). The median age of residents is 44.0 years. The population density (people per square mile) is 489. This zip code has a combined total of 12,700 houses and condos. There are 3,687 rented appartments. 31% of residents rent versus the 31% of residents in the state who rent.
The average individual gross adjusted income is $50,447 and the average salary is $44,332. The estimated median household income of individuals is around $58,930. This zip code has a mean commute time to work of 24.5 minutes. The unemployment rate is 4.3%. 11.9% of residents live below poverty line versus the 13.0% in the state that are below this line. The cost of living index is 88.7. The educational breakdown is 91.6% have a high school education or higher, 21.6% have a bachelor's degree or higher, and 7.3% have some kind of profesional degree.
The average size of households is 2.3 people. Individuals who are single and have never been married are 28.8%, 49.5% are now married, 1.1% are separated, 7.8% are widowed, and 12.9% are divorced. The average yearly contribution amount given by people to charity was $3,113 versus the state average of $4,225. The percent of residents who gave to charity was 24.7%.
The estimated median value of houses and condos is $163,540. The median monthly owner costs of mortgage holders was $1,224, where as the costs for those who don't have a mortgage are $458. The median number of rooms in houses and condos are 6.4 versus apartments which had a median number of 4.3.
The real estate tax percent rate is 1.4% which equated to an average real estate tax amount payment of $2,262. 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 1.4% which amounted to an average tax amount of $2,345. Conversely, the median housing property tax percent for residents who don't have mortgages was 1.3% which amounted to an average tax amount of $2,085. Reported taxable interest for persons was $1,047, dividends $3,653, capital gains +$5,026, and itemized deductions $18,640. The average earned income tax credit is $2,133. The percent of individuals that use a tax preparer is 59.3%. The total average income taxes paid by individuals was $6,715. Businesses reported an average profit of $8,699.Local Restaurants
Red Lobster
1553 N Dixie Hwy, Monroe, MI 48162
Detroit Beach Restaurant & Pizzeria
2630 Grand Blvd, Monroe, MI 48162
Joe's French Italian Inn
2896 N Dixie Hwy, Monroe, MI 48162
Dolce Vita Italian Grille
391 N Telegraph Rd, Monroe, MI 48162
Fuji hibachi & sushi
1559 N Telegraph Rd, Monroe, MI 48162
Kiku
403 N Telegraph Rd, Monroe, MI 48162
Olga's Kitchen
2121 N Monroe St, Monroe, MI 48162
Pete's Garage
930 N Telegraph Rd, Monroe, MI 48162
Wing Street
551 N Telegraph Rd, Monroe, MI 48162
Brass Monkey
391 N Telegraph Rd, Monroe, MI 48162
Business Name to Public House Food + Drink
138 N Monroe St, Monroe, MI 48162
Vaquero's
1270 Stewart Rd, Monroe, MI 48162
Taqueria Nena's
1620 N Monroe St, Monroe, MI 48162
El Maguey Mexican Restaurant
1096 N Dixie Hwy, Monroe, MI 48162
The Other Place Bar and Grill
1090 N Dixie Hwy, Monroe, MI 48162
Magic Wok
424 N Telegraph Rd, Monroe, MI 48162
Panda
3541 N Dixie Hwy, Monroe, MI 48162
Nick & Nino's Coal Fired Grill
391 N Telegraph Rd, Monroe, MI 48162
Northside Bar & Grill
3475 N Monroe St, Monroe, MI 48162
Jerry's Bar & Grill
2932 N Dixie Hwy, Monroe, MI 48162
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!
