Interested in purchasing investment houses in the 48203 zip code in Highland Park, MI?
The zip code 48203 is in Wayne county with a latitude of -83.102320000000 and longitude of 42.421660000000, is in the state of Michigan. The average asking price of houses and condos is $69,025.00 and the average sale price was $40,356.00. this regions is classified as the Detroit metro area and is in the 313 area code. The location in degrees is 42° 25' 17.976" N, 83° 6' 8.352" W. The county F.I.P.S. is 26163. This zip code contains two cities including Detroit, MI (63.07%), and Highland Park, MI (36.93%) The total land area is 8.0 square miles and the water area is 0.0 square miles. The elevation in this area is 637 - 643 feet. The zip code is on eastern standard time and observes daylight savings time.
The zip 48203 is in county number 163 and is L. Sector , L. Segment , H. Sector , and H. Segment . The population was 23,314 in 2019 and 28,409 in 2010. This further breaks down to 11,320 males (48.6%) and 11,994 females (51.4%). The median age of residents is 39.4 years. The population of the greater Detroit-Warren-Livonia, MI area is 4,473,111. The population density (people per square mile) is 2,909. This zip code has a combined total of 17,045 houses and condos. There are 5,941 rented appartments. 59% of residents rent versus the 59% of residents in the state who rent.
The financial status of those living in this area is considered lower middle class. The average individual gross adjusted income is $27,554 and the average salary is $24,029. The median household income of individuals is $26,085.00 and the average is $37,340.00. This zip code has a mean commute time to work of 24.9 minutes. The unemployment rate is 15.7%. Income earners by percent breakdown as 72.10% (Under $50,000), 19.10% ($50,000-$100,000), and 8.80% earn over $100,000. 36.2% of residents live below poverty line versus the 13.0% in the state that are below this line. The cost of living index is 87.4. The educational breakdown is 79.9% have a high school education or higher, 14.7% have a bachelor's degree or higher, and 6.5% have some kind of profesional degree.
This area has 11,374 households and the average size is 2.3 people. Individuals who are single and have never been married are 56.4%, 20.9% are now married, 3.2% are separated, 7.6% are widowed, and 11.9% are divorced. The average yearly contribution amount given by people to charity was $5,748 versus the state average of $4,225. The percent of residents who gave to charity was 11.3%.
The estimated median value of houses and condos is $50,090. The median monthly owner costs of mortgage holders was $1,143, where as the costs for those who don't have a mortgage are $491. The median number of rooms in houses and condos are 6.6 versus apartments which had a median number of 4.4.
The real estate tax percent rate is 2.8% which equated to an average real estate tax amount payment of $1,390. 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 2.1% which amounted to an average tax amount of $1,715. Conversely, the median housing property tax percent for residents who don't have mortgages was 3.2% which amounted to an average tax amount of $1,333. Reported taxable interest for persons was $829, dividends $3,079, capital gains +$1,250, and itemized deductions $21,123. The average earned income tax credit is $2,874. The percent of individuals that use a tax preparer is 55.8%. The total average income taxes paid by individuals was $8,137. Businesses reported an average profit of $8,761.
Manhattan Fish & Chicken
13224 Woodward Ave, Highland Park, MI 48203
Fresh Fish House
11820 Woodward Ave, Highland Park, MI 48203
Aunt Bessie's Bbq & Soul
1141 E 7 Mile Rd, Highland Park, MI 48203
Knowledge Cafe
71 Oakman Blvd, Highland Park, MI 48203
I A M Supper Club
12111 Hamilton Ave, Highland Park, MI 48203
T & J Coney Island
136 W 7 Mile Rd, Highland Park, MI 48203
Holy Moly Donut Shop
201 W 8 Mile Rd, Highland Park, MI 48203
Stonehouse Bar
19803 Ralston St, Highland Park, MI 48203
La Coney Island
1700 E Mcnichols Rd, Highland Park, MI 48203
Parkside Coney Island
17050 Hamilton Ave, Highland Park, MI 48203
Red Hots Coney Island
12 Victor St, Highland Park, MI 48203
Fish King Restaurant
1627 E 7 Mile Rd, Highland Park, MI 48203
Sullas Restaurant
814 W 7 Mile Rd, Highland Park, MI 48203
Beijing
1136 E 7 Mile Rd, Highland Park, MI 48203
China Star
14431 Woodward Ave, Highland Park, MI 48203
The Chatroom
16000 Woodward Ave, Highland Park, MI 48203
The Cornerstone Bistro
13130 Woodward Ave, Highland Park, MI 48203
Woodward Bistro Inc
12891 Woodward Ave, Highland Park, MI 48203
6 Mile Coney Island
17050 Hamilton Ave, Highland Park, MI 48203
Woodward Southern Cafe
12007 Woodward Ave, Highland Park, MI 48203
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