Interested in purchasing investment houses in the 48166 zip code in Newport, MI?
The zip code 48166 is in Monroe county with a latitude of -83.294080000000 and longitude of 41.986310000000, is in the state of Michigan. The average asking price of houses and condos is $134,258.00 and the average sale price was $93,466.00. this regions is classified as the Detroit metro area and is in the 734 area code. The location in degrees is 41° 59' 10.716" N, 83° 17' 38.688" W. The county F.I.P.S. is 26115. This zip code contains two cities including Stony Point, MI (4.03%), and Estral Beach, MI (1.67%) The total land area is 26.6 square miles and the water area is 1.2 square miles. The elevation in this area is 571 - 600 feet. The zip code is on eastern standard time and observes daylight savings time.
The zip 48166 is in county number 115 and is L. Sector 00, L. Segment 01, H. Sector 89, and H. Segment 89. The population was 11,886 in 2019 and 11,569 in 2010. Of this, the break down in 2019 was 7,062 urban and 4,823 rural. This further breaks down to 5,919 males (49.8%) and 5,966 females (50.2%). The median age of residents is 36.5 years. The population of the greater Monroe, MI area is 155,856. The population density (people per square mile) is 447. This zip code has a combined total of 4,739 houses and condos. There are 671 rented appartments. 15% of residents rent versus the 15% 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 $52,485 and the average salary is $47,198. The median household income of individuals is $61,908.00 and the average is $58,830.00. This zip code has a mean commute time to work of 26.1 minutes. The unemployment rate is 4.4%. Income earners by percent breakdown as 38.20% (Under $50,000), 37.70% ($50,000-$100,000), and 24.20% earn over $100,000. 17.8% of residents live below poverty line versus the 13.0% in the state that are below this line. The cost of living index is 89.4. The educational breakdown is 91.7% have a high school education or higher, 15.7% have a bachelor's degree or higher, and 5.2% have some kind of profesional degree.
This area has 4,170 households and the average size is 2.7 people. Individuals who are single and have never been married are 29.8%, 50.5% are now married, 2.5% are separated, 3.7% are widowed, and 13.6% are divorced. The average yearly contribution amount given by people to charity was $2,628 versus the state average of $4,225. The percent of residents who gave to charity was 25.6%.
The estimated median value of houses and condos is $147,949. The median monthly owner costs of mortgage holders was $1,302, where as the costs for those who don't have a mortgage are $576. The median number of rooms in houses and condos are 6.3 versus apartments which had a median number of 5.7.
The real estate tax percent rate is 1.5% which equated to an average real estate tax amount payment of $2,154. 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 1.3% which amounted to an average tax amount of $2,140. Conversely, the median housing property tax percent for residents who don't have mortgages was 3.6% which amounted to an average tax amount of $2,218. Reported taxable interest for persons was $692, dividends $3,119, capital gains +$873, and itemized deductions $18,858. The average earned income tax credit is $2,279. The percent of individuals that use a tax preparer is 58.5%. The total average income taxes paid by individuals was $6,499. Businesses reported an average profit of $6,437.
Swirls
8707 Swan Creek Rd, Newport, MI 48166
Village Inn
8794 Swan Creek Rd, Newport, MI 48166
Fifth Wheel Truck Stop
8500 N Telegraph Rd, Newport, MI 48166
El Maguey
5144 N Dixie Hwy, Newport, MI 48166
The Point
4717 Dewey Rd, Newport, MI 48166
Original Buscemi's
5071 N Dixie Hwy, Newport, MI 48166
The Mitten Cafe & Bakeshop
8799 Swan Creek Rd, Newport, MI 48166
Verna's Tavern
7900 N Dixie Hwy, Newport, MI 48166
New Port Inn
7990 N Telegraph Rd, Newport, MI 48166
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