Interested in purchasing investment houses in the 48209 zip code in Detroit, MI?
The zip code 48209 is in Wayne county with a latitude of -83.116260000000 and longitude of 42.305350000000, is in the state of Michigan. The average asking price of houses and condos is $37,298.00 and the average sale price was $27,684.00. this regions is classified as the Detroit metro area and is in the 313 area code. The location in degrees is 42° 18' 19.26" N, 83° 6' 58.536" W. The county F.I.P.S. is 26163. The total land area is 6.8 square miles and the water area is 0.1 square miles. The elevation in this area is 577 - 597 feet. The zip code is on eastern standard time and observes daylight savings time.
The zip 48209 is in county number 163 and is L. Sector , L. Segment , H. Sector , and H. Segment . The population was 31,968 in 2019 and 32,262 in 2010. This further breaks down to 15,736 males (49.2%) and 16,232 females (50.8%). The median age of residents is 28.8 years. The population of the greater Detroit-Warren-Livonia, MI area is 4,473,111. The population density (people per square mile) is 4,731. This zip code has a combined total of 12,725 houses and condos. There are 5,073 rented appartments. 51% of residents rent versus the 51% 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 $22,859 and the average salary is $22,247. The median household income of individuals is $32,696.00 and the average is $28,250.00. This zip code has a mean commute time to work of 26.6 minutes. The unemployment rate is 10.7%. Income earners by percent breakdown as 68.40% (Under $50,000), 23.70% ($50,000-$100,000), and 7.80% earn over $100,000. 39.6% of residents live below poverty line versus the 13.0% in the state that are below this line. The cost of living index is 87.0. The educational breakdown is 55.2% have a high school education or higher, 6.1% have a bachelor's degree or higher, and 1.2% have some kind of profesional degree.
This area has 9,808 households and the average size is 3.2 people. Individuals who are single and have never been married are 45.3%, 38.9% are now married, 2.6% are separated, 3.9% are widowed, and 9.3% are divorced. The average yearly contribution amount given by people to charity was $2,438 versus the state average of $4,225. The percent of residents who gave to charity was 2.4%.
The estimated median value of houses and condos is $52,412. The median monthly owner costs of mortgage holders was $1,015, where as the costs for those who don't have a mortgage are $432. The median number of rooms in houses and condos are 6.3 versus apartments which had a median number of 5.1.
The real estate tax percent rate is 2.3% which equated to an average real estate tax amount payment of $1,190. 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 2.3% which amounted to an average tax amount of $1,440. Conversely, the median housing property tax percent for residents who don't have mortgages was 2.2% which amounted to an average tax amount of $1,151. Reported taxable interest for persons was $415, dividends $1,406, capital gains +$3,682, and itemized deductions $15,386. The average earned income tax credit is $3,106. The percent of individuals that use a tax preparer is 60.9%. The total average income taxes paid by individuals was $4,219. Businesses reported an average profit of $9,634.
El Rancho Restaurant
5900 W Vernor Hwy, Detroit, MI 48209
Mexican Village Restaurant
2600 Bagley St, Detroit, MI 48216 (2.1 miles away)
Roman Village
9924 Dix, Dearborn, MI 48120 (2.3 miles away)
Vickies Food
3845 W Warren Ave, Detroit, MI 48208 (3 miles away)
River Rouge Coney Island
10490 W Jefferson Ave, River Rouge, MI 48218 (3 miles away)
Giovanni's Ristorante
330 S Oakwood, Detroit, MI 48217 (3.3 miles away)
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