Interested in purchasing investment houses in the 48304 zip code in Bloomfield Hills, MI?
The zip code 48304 is in Oakland county with a latitude of -83.234630000000 and longitude of 42.587650000000, is in the state of Michigan. The average asking price of houses and condos is $674,611.00 and the average sale price was $316,872.00. this regions is classified as the Detroit metro area and consists of the following area codes: 248 and 947. The location in degrees is 42° 35' 15.54" N, 83° 14' 4.668" W. The county F.I.P.S. is 26125. The total land area is 11.3 square miles and the water area is 0.1 square miles. The elevation in this area is 807 - 886 feet. The zip code is on eastern standard time and observes daylight savings time.
The zip 48304 is in county number 125 and is L. Sector 80, L. Segment 01, H. Sector 36, and H. Segment 36. The population was 16,414 in 2019 and 16,009 in 2010. This further breaks down to 7,947 males (48.4%) and 8,466 females (51.6%). The median age of residents is 52.8 years. The population of the greater Detroit-Warren-Livonia, MI area is 4,473,111. The population density (people per square mile) is 1,452. This zip code has a combined total of 7,103 houses and condos. There are 449 rented appartments. 7% of residents rent versus the 7% of residents in the state who rent.
The financial status of those living in this area is considered middle class. The average individual gross adjusted income is $307,738 and the average salary is $172,341. The median household income of individuals is $125,762.00 and the average is $363,140.00. This zip code has a mean commute time to work of 24.6 minutes. The unemployment rate is 2.7%. Income earners by percent breakdown as 17.30% (Under $50,000), 21.60% ($50,000-$100,000), and 61.10% earn over $100,000. 3.6% of residents live below poverty line versus the 13.0% in the state that are below this line. The cost of living index is 92.1. The educational breakdown is 98.2% have a high school education or higher, 68.8% have a bachelor's degree or higher, and 36.6% have some kind of profesional degree.
This area has 6,481 households and the average size is 2.5 people. Individuals who are single and have never been married are 22.3%, 60.5% are now married, 0.8% are separated, 6.5% are widowed, and 9.9% are divorced. The average yearly contribution amount given by people to charity was $17,665 versus the state average of $4,225. The percent of residents who gave to charity was 55.6%.
The estimated median value of houses and condos is $415,540. The median monthly owner costs of mortgage holders was $2,358, where as the costs for those who don't have a mortgage are $951. The median number of rooms in houses and condos are 8.1 versus apartments which had a median number of 5.3.
The real estate tax percent rate is 1.4% which equated to an average real estate tax amount payment of $5,862. 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 1.4% which amounted to an average tax amount of $5,886. Conversely, the median housing property tax percent for residents who don't have mortgages was 1.4% which amounted to an average tax amount of $5,843. Reported taxable interest for persons was $14,205, dividends $27,582, capital gains +$99,114, and itemized deductions $64,209. The average earned income tax credit is $1,529. The percent of individuals that use a tax preparer is 65.3%. The total average income taxes paid by individuals was $28,760. Businesses reported an average profit of $53,029.
Eddie Merlot's
37000 Woodward Ave, Bloomfield Hills, MI 48304
Sushi Hana
42656 Woodward Ave, Bloomfield Hills, MI 48304
Bill's
39556 Woodward Ave, Bloomfield Hills, MI 48304
Little Daddy's
39500 Woodward Ave, Bloomfield Hills, MI 48304
Chicken Shack
42857 Woodward Ave, Bloomfield Hills, MI 48304
China Village
1655 S Opdyke Rd, Bloomfield Hills, MI 48304
Zalman's on Woodward
39475 Woodward Ave, Bloomfield Hills, MI 48304