Interested in purchasing investment houses in the 48198 zip code in Ypsilanti, MI?
The zip code 48198 is in Washtenaw county with a latitude of -83.588350000000 and longitude of 42.275480000000, is in the state of Michigan. The average asking price of houses and condos is $96,663.00 and the average sale price was $72,538.00. this regions is classified as the Detroit metro area and is in the 734 area code. The location in degrees is 42° 16' 31.728" N, 83° 35' 18.06" W. The county F.I.P.S. is 26161. The total land area is 33.6 square miles and the water area is 0.9 square miles. The elevation in this area is 702 - 840 feet. The zip code is on eastern standard time and observes daylight savings time.
The zip 48198 is in county number 161 and is L. Sector , L. Segment , H. Sector , and H. Segment . The population was 38,870 in 2019 and 38,186 in 2010. Of this, the break down in 2019 was 37,783 urban and 1,086 rural. This further breaks down to 18,429 males (47.4%) and 20,441 females (52.6%). The median age of residents is 34.9 years. The population of the greater Ann Arbor, MI area is 353,808. The population density (people per square mile) is 1,158. This zip code has a combined total of 17,751 houses and condos. There are 6,982 rented appartments. 43% of residents rent versus the 43% 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 $40,120 and the average salary is $35,948. The median household income of individuals is $50,260.00 and the average is $49,620.00. This zip code has a mean commute time to work of 27.4 minutes. The unemployment rate is 5.0%. Income earners by percent breakdown as 49.70% (Under $50,000), 34.70% ($50,000-$100,000), and 15.60% earn over $100,000. 19.6% of residents live below poverty line versus the 13.0% in the state that are below this line. The cost of living index is 91.8. The educational breakdown is 89.6% have a high school education or higher, 29.6% have a bachelor's degree or higher, and 11.6% have some kind of profesional degree.
This area has 15,657 households and the average size is 2.4 people. Individuals who are single and have never been married are 43.3%, 36.7% are now married, 1.7% are separated, 5.3% are widowed, and 13.0% are divorced. The average yearly contribution amount given by people to charity was $3,548 versus the state average of $4,225. The percent of residents who gave to charity was 18.1%.
The estimated median value of houses and condos is $125,613. The median monthly owner costs of mortgage holders was $1,226, where as the costs for those who don't have a mortgage are $476. The median number of rooms in houses and condos are 5.8 versus apartments which had a median number of 4.3.
The real estate tax percent rate is 1.8% which equated to an average real estate tax amount payment of $2,284. 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 $2,606. 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 $1,853. Reported taxable interest for persons was $795, dividends $3,029, capital gains +$4,142, and itemized deductions $18,501. The average earned income tax credit is $2,462. The percent of individuals that use a tax preparer is 53.2%. The total average income taxes paid by individuals was $6,620. Businesses reported an average profit of $7,778.
Maria's Italian Pizzeria
3344 S Grove St, Ypsilanti, MI 48198
Hana Korean Restaurant
1346 E Michigan Ave, Ypsilanti, MI 48198
American Grille
1450 Holmes Rd, Ypsilanti, MI 48198
Bomber Restaurant
306 E Michigan Ave, Ypsilanti, MI 48198
Full House
57 Ecorse Rd, Ypsilanti, MI 48198
Big Sky Diner
1340 Ecorse Rd, Ypsilanti, MI 48198
Aubree's Saloon
39 E Cross St, Ypsilanti, MI 48198
Chick Inn Drive in
501 Holmes Rd, Ypsilanti, MI 48198
Roy's Squeeze Inn
1315 E Michigan Ave, Ypsilanti, MI 48198
Los Amigos Mexican Restaurant & Cantina
2851 E Michigan Ave, Ypsilanti, MI 48198
Maiz Mexican Cantina
36 E Cross St, Ypsilanti, MI 48198
Express Fish & Chicken
3015 E Michigan Ave, Ypsilanti, MI 48198