Interested in purchasing investment houses in the 48212 zip code in Hamtramck, MI?
The zip code 48212 is in Wayne county with a latitude of -83.056010000000 and longitude of 42.409420000000, is in the state of Michigan. The average asking price of houses and condos is $45,903.00 and the average sale price was $26,364.00. this regions is classified as the Detroit metro area and is in the 313 area code. The location in degrees is 42° 24' 33.912" N, 83° 3' 21.636" W. The county F.I.P.S. is 26163. This zip code contains two cities including Detroit, MI (68.29%), and Hamtramck, MI (31.71%) The total land area is 5.3 square miles and the water area is 0.0 square miles. The elevation in this area is 630 - 637 feet. The zip code is on eastern standard time and observes daylight savings time.
The zip 48212 is in county number 163 and is L. Sector , L. Segment , H. Sector , and H. Segment . The population was 38,578 in 2019 and 39,038 in 2010. This further breaks down to 19,953 males (51.7%) and 18,624 females (48.3%). The median age of residents is 29.3 years. The population of the greater Detroit-Warren-Livonia, MI area is 4,473,111. The population density (people per square mile) is 7,212. This zip code has a combined total of 14,763 houses and condos. There are 4,595 rented appartments. 42% of residents rent versus the 42% 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 $20,490 and the average salary is $19,693. The median household income of individuals is $31,602.00 and the average is $25,190.00. This zip code has a mean commute time to work of 26.2 minutes. The unemployment rate is 11.2%. Income earners by percent breakdown as 69.80% (Under $50,000), 23.30% ($50,000-$100,000), and 6.90% earn over $100,000. 42.3% of residents live below poverty line versus the 13.0% in the state that are below this line. The cost of living index is 88.1. The educational breakdown is 70.5% have a high school education or higher, 12.6% have a bachelor's degree or higher, and 4.1% have some kind of profesional degree.
This area has 11,965 households and the average size is 3.4 people. Individuals who are single and have never been married are 43.6%, 44.8% are now married, 1.3% are separated, 3.9% are widowed, and 6.4% are divorced. The average yearly contribution amount given by people to charity was $3,293 versus the state average of $4,225. The percent of residents who gave to charity was 4.3%.
The estimated median value of houses and condos is $66,124. The median monthly owner costs of mortgage holders was $916, where as the costs for those who don't have a mortgage are $425. The median number of rooms in houses and condos are 5.9 versus apartments which had a median number of 5.2.
The real estate tax percent rate is 2.1% which equated to an average real estate tax amount payment of $1,370. 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 1.9% which amounted to an average tax amount of $1,444. 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 $1,348. Reported taxable interest for persons was $942, dividends $1,742, capital gains +$538, and itemized deductions $14,232. The average earned income tax credit is $3,106. The percent of individuals that use a tax preparer is 70.0%. The total average income taxes paid by individuals was $4,462. Businesses reported an average profit of $8,821.
Bumbo's
3001 Holbrook St, Hamtramck, MI 48212
Marcus Hamburgers
6349 E Mcnichols Rd, Hamtramck, MI 48212
Hamtramck Coney Island
9741 Joseph Campau St, Hamtramck, MI 48212
Holbrook Market
3201 Holbrook St, Hamtramck, MI 48212
Polish Village Cafe
2990 Yemans St, Hamtramck, MI 48212
Maine Street Restaurant
11650 Joseph Campau St, Hamtramck, MI 48212
Palma Restaurant
3028 Caniff St, Hamtramck, MI 48212
Sheeba Restaurant
8752 Joseph Campau St, Hamtramck, MI 48212
Royal Kabob
3236 Caniff St, Hamtramck, MI 48212
Motor City Sports Bar
9122 Joseph Campau St, Hamtramck, MI 48212
Metro Pub
11667 Joseph Campau St, Hamtramck, MI 48212
Kelly's Bar
2403 Holbrook St, Hamtramck, MI 48212
Yemen Cafe
8735 Joseph Campau St, Hamtramck, MI 48212
Polonia Restaurant
2934 Yemans St, Hamtramck, MI 48212
Krakus Restaurant
12900 Joseph Campau St, Hamtramck, MI 48212
Cafe 1923
2287 Holbrook St, Hamtramck, MI 48212
Yemans Street
2995 Yemans St, Hamtramck, MI 48212
Stan's Grocery
11325 Joseph Campau St, Hamtramck, MI 48212
New Palace Bakery
9833 Joseph Campau St, Hamtramck, MI 48212
New Martha Washington Bakery
10335 Joseph Campau St, Hamtramck, MI 48212