Interested in purchasing investment houses in the 48197 zip code in Ypsilanti, MI?
The zip code 48197 is in Washtenaw county with a latitude of -83.628850000000 and longitude of 42.197140000000, is in the state of Michigan. The average asking price of houses and condos is $158,710.00 and the average sale price was $117,297.00. this regions is classified as the Detroit metro area and is in the 734 area code. The location in degrees is 42° 11' 49.704" N, 83° 37' 43.86" W. The county F.I.P.S. is 26161. The total land area is 41.9 square miles and the water area is 1.2 square miles. The elevation in this area is 679 - 810 feet. The zip code is on eastern standard time and observes daylight savings time.
The zip 48197 is in county number 163 and is L. Sector 13, L. Segment 98, H. Sector 98, and H. Segment 98. The population was 68,850 in 2019 and 61,132 in 2010. Of this, the break down in 2019 was 63,743 urban and 5,106 rural. This further breaks down to 33,772 males (49.1%) and 35,078 females (50.9%). The median age of residents is 30.6 years. The population of the greater Ann Arbor, MI area is 353,808. The population density (people per square mile) is 1,643. This zip code has a combined total of 27,393 houses and condos. There are 12,609 rented appartments. 49% of residents rent versus the 49% 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 $48,356 and the average salary is $44,396. The median household income of individuals is $55,172.00 and the average is $58,070.00. This zip code has a mean commute time to work of 24.8 minutes. The unemployment rate is 5.0%. Income earners by percent breakdown as 45.80% (Under $50,000), 30.90% ($50,000-$100,000), and 23.20% earn over $100,000. 13.6% of residents live below poverty line versus the 13.0% in the state that are below this line. The cost of living index is 93.0. The educational breakdown is 93.4% have a high school education or higher, 45.1% have a bachelor's degree or higher, and 18.9% have some kind of profesional degree.
This area has 24,488 households and the average size is 2.5 people. Individuals who are single and have never been married are 50.2%, 36.8% are now married, 1.2% are separated, 3.0% are widowed, and 8.8% are divorced. The average yearly contribution amount given by people to charity was $3,498 versus the state average of $4,225. The percent of residents who gave to charity was 26.0%.
The estimated median value of houses and condos is $218,274. The median monthly owner costs of mortgage holders was $1,607, where as the costs for those who don't have a mortgage are $631. The median number of rooms in houses and condos are 6.7 versus apartments which had a median number of 3.9.
The real estate tax percent rate is 1.8% which equated to an average real estate tax amount payment of $3,868. 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 1.8% which amounted to an average tax amount of $3,941. Conversely, the median housing property tax percent for residents who don't have mortgages was 1.9% which amounted to an average tax amount of $3,697. Reported taxable interest for persons was $692, dividends $2,652, capital gains +$3,470, and itemized deductions $18,721. The average earned income tax credit is $2,138. The percent of individuals that use a tax preparer is 48.1%. The total average income taxes paid by individuals was $6,957. Businesses reported an average profit of $8,470.
Express Seafood
2653 Ellsworth Rd, Ypsilanti, MI 48197
Cuppy's Best Seafood Shack
97 Spring St, Ypsilanti, MI 48197
Asia City Restaurant
2905 Washtenaw Rd, Ypsilanti, MI 48197
Aki Sushi Bar and Grill
1828 Whittaker Rd, Ypsilanti, MI 48197
Red Rock Downtown Barbecue
207 W Michigan Ave, Ypsilanti, MI 48197
Haab's Restaurant
18 W Michigan Ave, Ypsilanti, MI 48197
The Golden Egg
2660 Washtenaw Rd, Ypsilanti, MI 48197
Pats Tavern by the Green
3113 Carpenter Rd, Ypsilanti, MI 48197
Village Inn
1960 Whittaker Rd, Ypsilanti, MI 48197
Nu Wave Fish & Chicken
244 Joe Hall Dr, Ypsilanti, MI 48197
The View
1275 S Huron St, Ypsilanti, MI 48197
The Terrace Room
1275 S Huron St, Ypsilanti, MI 48197
K & D Bistro
1290 Anna J Stepp Dr, Ypsilanti, MI 48197
Chef Restaurant Mediterranean Grill
1098 N Huron River Dr, Ypsilanti, MI 48197
Buffalo Wild Wings
216 James L Hart Pkwy, Ypsilanti, MI 48197
Tower Inn Cafe
701 W Cross St, Ypsilanti, MI 48197
Smashburger
900 Oakwood St, Ypsilanti, MI 48197
Maria's Italian Pizzeria
3344 S Grove St, Ypsilanti, MI 48198 (2.7 miles away)
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