Interested in purchasing investment houses in the 48234 zip code in Detroit, MI?
The zip code 48234 is in Wayne county with a latitude of -83.039560000000 and longitude of 42.431260000000, is in the state of Michigan. The average asking price of houses and condos is $31,916.00 and the average sale price was $33,731.00. this regions is classified as the Detroit metro area and is in the 313 area code. The location in degrees is 42° 25' 52.536" N, 83° 2' 22.416" W. The county F.I.P.S. is 26163. The total land area is 7.8 square miles and the water area is 0.0 square miles. The elevation in this area is 623 - 633 feet. The zip code is on eastern standard time and observes daylight savings time.
The zip 48234 is in county number 163 and is L. Sector , L. Segment , H. Sector , and H. Segment . The population was 34,681 in 2019 and 36,140 in 2010. This further breaks down to 16,387 males (47.3%) and 18,293 females (52.7%). The median age of residents is 35.1 years. The population of the greater Detroit-Warren-Livonia, MI area is 4,473,111. The population density (people per square mile) is 4,427. This zip code has a combined total of 17,905 houses and condos. There are 6,033 rented appartments. 46% of residents rent versus the 46% 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 $24,000 and the average salary is $21,582. The median household income of individuals is $41,391.00 and the average is $26,850.00. This zip code has a mean commute time to work of 28.8 minutes. The unemployment rate is 22.6%. Income earners by percent breakdown as 58.30% (Under $50,000), 30.60% ($50,000-$100,000), and 11.10% 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 87.3. The educational breakdown is 81.0% have a high school education or higher, 8.9% have a bachelor's degree or higher, and 2.3% have some kind of profesional degree.
This area has 13,301 households and the average size is 2.6 people. Individuals who are single and have never been married are 58.5%, 21.2% are now married, 2.7% are separated, 6.5% are widowed, and 11.1% are divorced. The average yearly contribution amount given by people to charity was $4,439 versus the state average of $4,225. The percent of residents who gave to charity was 11.7%.
The estimated median value of houses and condos is $41,576. The median monthly owner costs of mortgage holders was $986, where as the costs for those who don't have a mortgage are $397. The median number of rooms in houses and condos are 5.8 versus apartments which had a median number of 5.2.
The real estate tax percent rate is 3.2% which equated to an average real estate tax amount payment of $1,343. 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 2.7% which amounted to an average tax amount of $1,527. Conversely, the median housing property tax percent for residents who don't have mortgages was 3.3% which amounted to an average tax amount of $1,284. Reported taxable interest for persons was $1,380, dividends $1,442, and itemized deductions $14,590. The average earned income tax credit is $2,982. The percent of individuals that use a tax preparer is 56.3%. The total average income taxes paid by individuals was $4,775. Businesses reported an average profit of $6,318.
Bumbo's
3001 Holbrook St, Hamtramck, MI 48212 (1.9 miles away)
Falling Down Beer Co
2270 E 10 Mile Rd, Warren, MI 48091 (2.4 miles away)
Manhattan Fish & Chicken
13224 Woodward Ave, Highland Park, MI 48203 (3.1 miles away)
Lucky R Market
8324 E 10 Mile Rd, Center Line, MI 48015 (3.3 miles away)
Firenze Restaurant
11028 E 10 Mile Rd, Warren, MI 48089 (3.4 miles away)
Pi's Thai Cuisine
24940 John R Rd, Hazel Park, MI 48030 (3.4 miles away)
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