Interested in purchasing investment houses in the 48227 zip code in Detroit, MI?
The zip code 48227 is in Wayne county with a latitude of -83.192560000000 and longitude of 42.387240000000, is in the state of Michigan. The average asking price of houses and condos is $38,395.00 and the average sale price was $34,498.00. this regions is classified as the Detroit metro area and is in the 313 area code. The location in degrees is 42° 23' 14.064" N, 83° 11' 33.216" W. The county F.I.P.S. is 26163. The total land area is 7.5 square miles and the water area is 0.0 square miles. The elevation in this area is 640 - 653 feet. The zip code is on eastern standard time and observes daylight savings time.
The zip 48227 is in county number 163 and is L. Sector , L. Segment , H. Sector , and H. Segment . The population was 41,804 in 2019 and 45,380 in 2010. This further breaks down to 19,269 males (46.1%) and 22,534 females (53.9%). The median age of residents is 35.9 years. The population of the greater Detroit-Warren-Livonia, MI area is 4,473,111. The population density (people per square mile) is 5,551. This zip code has a combined total of 22,270 houses and condos. There are 7,591 rented appartments. 47% of residents rent versus the 47% 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 $24,867 and the average salary is $22,111. The median household income of individuals is $39,514.00 and the average is $27,570.00. This zip code has a mean commute time to work of 26.9 minutes. The unemployment rate is 11.8%. Income earners by percent breakdown as 61.00% (Under $50,000), 27.90% ($50,000-$100,000), and 11.20% earn over $100,000. 31.5% of residents live below poverty line versus the 13.0% in the state that are below this line. The cost of living index is 88.0. The educational breakdown is 81.8% have a high school education or higher, 10.2% have a bachelor's degree or higher, and 4.5% have some kind of profesional degree.
This area has 16,605 households and the average size is 2.6 people. Individuals who are single and have never been married are 54.4%, 22.0% are now married, 3.1% are separated, 6.9% are widowed, and 13.6% are divorced. The average yearly contribution amount given by people to charity was $4,593 versus the state average of $4,225. The percent of residents who gave to charity was 12.7%.
The estimated median value of houses and condos is $55,287. The median monthly owner costs of mortgage holders was $1,016, where as the costs for those who don't have a mortgage are $466. The median number of rooms in houses and condos are 6.2 versus apartments which had a median number of 5.5.
The real estate tax percent rate is 2.6% which equated to an average real estate tax amount payment of $1,451. 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 $1,644. Conversely, the median housing property tax percent for residents who don't have mortgages was 2.7% which amounted to an average tax amount of $1,376. Reported taxable interest for persons was $533, dividends $2,015, and itemized deductions $14,920. The average earned income tax credit is $2,988. The percent of individuals that use a tax preparer is 55.0%. The total average income taxes paid by individuals was $5,118. Businesses reported an average profit of $5,854.
Uptown Barbecue
15700 Livernois Ave, Detroit, MI 48238 (2.7 miles away)
Hook Fish and Chicken
10600 W 7 Mile Rd, Detroit, MI 48221 (3.4 miles away)
Alcamo's Market
4423 Schaefer Rd, Dearborn, MI 48126 (3.8 miles away)
Fresh Fish House
9015 Telegraph Rd, Redford, MI 48239 (4.9 miles away)
Manhattan Fish & Chicken
13224 Woodward Ave, Highland Park, MI 48203 (5.3 miles away)
Walleyes Fish Fry
13701 W 9 Mile Rd, Oak Park, MI 48237 (5.4 miles away)
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