Interested in purchasing investment houses in the 48228 zip code in Detroit, MI?
The zip code 48228 is in Wayne county with a latitude of -83.216990000000 and longitude of 42.355460000000, is in the state of Michigan. The average asking price of houses and condos is $35,252.00 and the average sale price was $34,138.00. this regions is classified as the Detroit metro area and is in the 313 area code. The location in degrees is 42° 21' 19.656" N, 83° 13' 1.164" W. The county F.I.P.S. is 26163. The total land area is 8.6 square miles and the water area is 0.0 square miles. The elevation in this area is 607 - 630 feet. The zip code is on eastern standard time and observes daylight savings time.
The zip 48228 is in county number 163 and is L. Sector , L. Segment , H. Sector , and H. Segment . The population was 56,875 in 2019 and 52,130 in 2010. This further breaks down to 27,734 males (48.8%) and 29,141 females (51.2%). The median age of residents is 30.5 years. The population of the greater Detroit-Warren-Livonia, MI area is 4,473,111. The population density (people per square mile) is 6,606. This zip code has a combined total of 25,769 houses and condos. There are 10,409 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 $22,972 and the average salary is $21,353. The median household income of individuals is $40,241.00 and the average is $25,340.00. This zip code has a mean commute time to work of 28.4 minutes. The unemployment rate is 16.0%. Income earners by percent breakdown as 60.50% (Under $50,000), 30.20% ($50,000-$100,000), and 9.20% earn over $100,000. 35.9% of residents live below poverty line versus the 13.0% in the state that are below this line. The cost of living index is 87.3. The educational breakdown is 78.7% have a high school education or higher, 10.0% have a bachelor's degree or higher, and 3.2% have some kind of profesional degree.
This area has 18,506 households and the average size is 2.8 people. Individuals who are single and have never been married are 54.5%, 26.0% are now married, 3.3% are separated, 4.9% are widowed, and 11.2% are divorced. The average yearly contribution amount given by people to charity was $4,222 versus the state average of $4,225. The percent of residents who gave to charity was 10.5%.
The estimated median value of houses and condos is $38,369. The median monthly owner costs of mortgage holders was $1,037, where as the costs for those who don't have a mortgage are $428. 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 3.9% which equated to an average real estate tax amount payment of $1,483. 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 3.0% which amounted to an average tax amount of $1,702. Conversely, the median housing property tax percent for residents who don't have mortgages was 4.0% which amounted to an average tax amount of $1,406. Reported taxable interest for persons was $649, dividends $1,514, capital gains +$292, and itemized deductions $14,716. The average earned income tax credit is $3,072. The percent of individuals that use a tax preparer is 56.3%. The total average income taxes paid by individuals was $4,974. Businesses reported an average profit of $6,994.
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Beity Kitchen
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Fresh Fish House
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Roman Village
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Bangkok 96 Restaurant
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