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| The First and Original 1-800-932-8946 | |
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Investors
Interested in purchasing investment houses in the 48342 zip code in Pontiac, MI?
Detailed Demographic Statistics
The zip code 48342 is in Oakland county, is in the state of Michigan. The total land area is 5.7 square miles and the water area is 0.1 square miles.
The zip 48342 is in county number and is L. Sector , L. Segment , H. Sector , and H. Segment . The population was 16,833 in 2019 and 18,407 in 2010. This further breaks down to 7,656 males (45.5%) and 9,177 females (54.5%). The median age of residents is 30.6 years. The population density (people per square mile) is 2,935. This zip code has a combined total of 8,287 houses and condos. There are 4,228 rented appartments. 63% of residents rent versus the 63% of residents in the state who rent.
The average individual gross adjusted income is $22,834 and the average salary is $18,725. The estimated median household income of individuals is around $29,192. This zip code has a mean commute time to work of 20.8 minutes. The unemployment rate is 13.0%. 32.8% of residents live below poverty line versus the 13.0% in the state that are below this line. The cost of living index is 88.0. The educational breakdown is 80.5% have a high school education or higher, 10.1% have a bachelor's degree or higher, and 3.5% have some kind of profesional degree.
The average size of households is 2.5 people. Individuals who are single and have never been married are 52.3%, 22.8% are now married, 3.6% are separated, 7.9% are widowed, and 13.4% are divorced. The average yearly contribution amount given by people to charity was $4,378 versus the state average of $4,225. The percent of residents who gave to charity was 8.4%.
The estimated median value of houses and condos is $68,999. The median monthly owner costs of mortgage holders was $994, where as the costs for those who don't have a mortgage are $392. The median number of rooms in houses and condos are 6.0 versus apartments which had a median number of 4.7.
The real estate tax percent rate is 1.4% which equated to an average real estate tax amount payment of $936. 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 $1,049. Conversely, the median housing property tax percent for residents who don't have mortgages was 1.6% which amounted to an average tax amount of $874. Reported taxable interest for persons was $497, dividends $1,472, capital gains +$282, and itemized deductions $14,458. The average earned income tax credit is $2,861. The percent of individuals that use a tax preparer is 51.8%. The total average income taxes paid by individuals was $3,715. Businesses reported an average profit of $6,553.Local Restaurants
M1 Grill
50501 Woodward Ave, Pontiac, MI 48342
Charlies S&S Seafoodand Soul Food
47 S Glenwood Ave, Pontiac, MI 48342
Slows Barbq Pontiac
8 N Saginaw St, Pontiac, MI 48342
Smokehouse Grill
557 Auburn Ave, Pontiac, MI 48342
Menagerie Lounge
155 N Saginaw St, Pontiac, MI 48342
Vera's Diner
29 N Saginaw St, Pontiac, MI 48342
Little Mo
51 N Saginaw St, Pontiac, MI 48342
Nick's Corner
225 Auburn Ave, Pontiac, MI 48342
Great Wall
654 Auburn Ave, Pontiac, MI 48342
Liberty Bar
85 N Saginaw St, Pontiac, MI 48342
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!
