Interested in purchasing investment houses in the 48309 zip code in Rochester, MI?
The zip code 48309 is in Oakland county with a latitude of -83.183640000000 and longitude of 42.658660000000, is in the state of Michigan. The average asking price of houses and condos is $231,371.00 and the average sale price was $171,343.00. 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° 39' 31.176" N, 83° 11' 1.104" W. The county F.I.P.S. is 26125. This zip code contains two cities including Rochester Hills, MI (95.41%), and Auburn Hills, MI (4.59%) The total land area is 15.5 square miles and the water area is 0.0 square miles. The elevation in this area is 778 - 932 feet. The zip code is on eastern standard time and observes daylight savings time.
The zip 48309 is in county number 125 and is L. Sector , L. Segment , H. Sector , and H. Segment . The population was 30,544 in 2019 and 29,135 in 2010. This further breaks down to 14,817 males (48.5%) and 15,727 females (51.5%). The median age of residents is 43.1 years. The population of the greater Detroit-Warren-Livonia, MI area is 4,473,111. The population density (people per square mile) is 1,976. This zip code has a combined total of 11,946 houses and condos. There are 2,130 rented appartments. 19% of residents rent versus the 19% 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 $90,788 and the average salary is $78,674. The median household income of individuals is $100,722.00 and the average is $109,710.00. This zip code has a mean commute time to work of 25.6 minutes. The unemployment rate is 2.7%. Income earners by percent breakdown as 20.70% (Under $50,000), 28.70% ($50,000-$100,000), and 50.60% earn over $100,000. 4.1% of residents live below poverty line versus the 13.0% in the state that are below this line. The cost of living index is 91.4. The educational breakdown is 97.3% have a high school education or higher, 59.9% have a bachelor's degree or higher, and 26.8% have some kind of profesional degree.
This area has 10,793 households and the average size is 2.5 people. Individuals who are single and have never been married are 29.4%, 55.9% are now married, 0.4% are separated, 5.9% are widowed, and 8.4% are divorced. The average yearly contribution amount given by people to charity was $3,820 versus the state average of $4,225. The percent of residents who gave to charity was 42.9%.
The estimated median value of houses and condos is $338,911. The median monthly owner costs of mortgage holders was $1,896, where as the costs for those who don't have a mortgage are $700. The median number of rooms in houses and condos are 7.9 versus apartments which had a median number of 3.7.
The real estate tax percent rate is 1.2% which equated to an average real estate tax amount payment of $4,198. 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 1.2% which amounted to an average tax amount of $4,336. Conversely, the median housing property tax percent for residents who don't have mortgages was 1.2% which amounted to an average tax amount of $3,971. Reported taxable interest for persons was $1,642, dividends $5,603, capital gains +$6,326, and itemized deductions $24,544. The average earned income tax credit is $1,598. The percent of individuals that use a tax preparer is 53.1%. The total average income taxes paid by individuals was $10,335. Businesses reported an average profit of $18,390.
CK Diggs
2010 W Auburn Rd, Rochester, MI 48309
Patti Finneganxe2x80x99s Pub & Grille
492 Golf View Ln, Rochester, MI 48309
Alfoccino Restaurant
2225 N Opdyke Rd, Auburn Hills, MI 48326 (2.8 miles away)
Rochester Chop House & Oyster Bar
306 S Main St, Rochester, MI 48307 (3.1 miles away)
Loccino Italian Grill and Bar
5600 Crooks Rd Ste 106, Troy, MI 48098 (4.4 miles away)
Paint Creek Cider Mill
4480 Orion Rd, Rochester, MI 48306 (4.6 miles away)
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