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| The First and Original 1-800-932-8946 | |
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Investors
Interested in purchasing investment houses in the 48340 zip code in Pontiac, MI?
Detailed Demographic Statistics
The zip code 48340 is in Oakland county, is in the state of Michigan. The total land area is 7.5 square miles and the water area is 0.1 square miles.
The zip 48340 is in county number and is L. Sector , L. Segment , H. Sector , and H. Segment . The population was 25,663 in 2019 and 24,307 in 2010. This further breaks down to 12,511 males (48.8%) and 13,152 females (51.2%). The median age of residents is 30.5 years. The population density (people per square mile) is 3,417. This zip code has a combined total of 10,928 houses and condos. There are 5,860 rented appartments. 60% of residents rent versus the 60% of residents in the state who rent.
The average individual gross adjusted income is $26,709 and the average salary is $24,123. The estimated median household income of individuals is around $37,517. This zip code has a mean commute time to work of 24.2 minutes. The unemployment rate is 9.0%. 28.8% of residents live below poverty line versus the 13.0% in the state that are below this line. The cost of living index is 87.7. The educational breakdown is 75.9% have a high school education or higher, 13.7% have a bachelor's degree or higher, and 4.6% have some kind of profesional degree.
The average size of households is 2.6 people. Individuals who are single and have never been married are 47.7%, 31.1% are now married, 1.9% are separated, 5.0% are widowed, and 14.3% are divorced. The average yearly contribution amount given by people to charity was $3,247 versus the state average of $4,225. The percent of residents who gave to charity was 9.5%.
The estimated median value of houses and condos is $65,681. The median monthly owner costs of mortgage holders was $1,040, where as the costs for those who don't have a mortgage are $378. The median number of rooms in houses and condos are 5.5 versus apartments which had a median number of 4.3.
The real estate tax percent rate is 1.8% which equated to an average real estate tax amount payment of $1,155. 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 1.8% which amounted to an average tax amount of $1,514. Conversely, the median housing property tax percent for residents who don't have mortgages was 1.8% which amounted to an average tax amount of $938. Reported taxable interest for persons was $572, dividends $2,278, and itemized deductions $14,505. The average earned income tax credit is $2,741. The percent of individuals that use a tax preparer is 53.1%. The total average income taxes paid by individuals was $4,154. Businesses reported an average profit of $7,444.Local Restaurants
Altadona
1035 N Perry St, Pontiac, MI 48340
Oakland Diner
940 Joslyn Ave, Pontiac, MI 48340
Dq
1525 Baldwin Ave, Pontiac, MI 48340
My Nana's Kitchen
760 E Walton Blvd, Pontiac, MI 48340
Bob E's Super Chief
340 W Walton Blvd, Pontiac, MI 48340
Blue Star Coney
54 E Walton Blvd, Pontiac, MI 48340
Lipis Restaurant
991 Baldwin Ave, Pontiac, MI 48340
Lyles Family Grill
760 E Walton Blvd, Pontiac, MI 48340
Pontiac Fresh Fish & Chicken
775 Baldwin Ave, Pontiac, MI 48340
Wing Ming Chinese Restaurant
1045 Baldwin Ave, Pontiac, MI 48340
Hing Wing Chinese
1045 Baldwin Ave, Pontiac, MI 48340
New Garden Chinese Restaurant
1899 N Perry St, Pontiac, MI 48340
When my husband passed away suddenly, I was left with a home I had to sell fast. The experts from We Buy Homes dealt with me professionally, fairly, and honestly. I didn’t have to list my house and I didn’t have to deal with strangers walking through my home. And I didn’t have to pay a realtor! They handled everything and that provided the peace of mind I needed during such a difficult time. I highly recommend them!
