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| The First and Original 1-800-932-8946 | |
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Investors
Interested in purchasing investment houses in the 48360 zip code in Lake Orion, MI?
Detailed Demographic Statistics
The zip code 48360 is in Oakland county, is in the state of Michigan. The total land area is 11.9 square miles and the water area is 0.8 square miles.
The zip 48360 is in county number and is L. Sector , L. Segment , H. Sector , and H. Segment . The population was 12,907 in 2019 and 11,651 in 2010. Of this, the break down in 2019 was 12,069 urban and 837 rural. This further breaks down to 6,240 males (48.4%) and 6,666 females (51.6%). The median age of residents is 40.8 years. The population density (people per square mile) is 1,080. This zip code has a combined total of 4,951 houses and condos. There are 825 rented appartments. 17% of residents rent versus the 17% of residents in the state who rent.
The average individual gross adjusted income is $80,264 and the average salary is $72,951. The estimated median household income of individuals is around $121,161. This zip code has a mean commute time to work of 27.7 minutes. The unemployment rate is 2.1%. 2.0% of residents live below poverty line versus the 13.0% in the state that are below this line. The cost of living index is 89.9. The educational breakdown is 100.7% have a high school education or higher, 60.6% have a bachelor's degree or higher, and 24.8% have some kind of profesional degree.
The average size of households is 2.7 people. Individuals who are single and have never been married are 28.5%, 59.2% are now married, 0.1% are separated, 3.0% are widowed, and 9.1% are divorced. The average yearly contribution amount given by people to charity was $3,562 versus the state average of $4,225. The percent of residents who gave to charity was 43.2%.
The estimated median value of houses and condos is $318,123. The median monthly owner costs of mortgage holders was $1,882, where as the costs for those who don't have a mortgage are $586. The median number of rooms in houses and condos are 7.6 versus apartments which had a median number of 4.3.
The real estate tax percent rate is 1.1% which equated to an average real estate tax amount payment of $3,570. 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 1.1% which amounted to an average tax amount of $3,779. Conversely, the median housing property tax percent for residents who don't have mortgages was 1.1% which amounted to an average tax amount of $2,981. Reported taxable interest for persons was $947, dividends $3,254, capital gains +$1,307, and itemized deductions $21,892. The average earned income tax credit is $1,684. The percent of individuals that use a tax preparer is 48.9%. The total average income taxes paid by individuals was $8,731. Businesses reported an average profit of $13,734.Local Restaurants
Speedy Cafe
1030 S Lapeer Rd, Lake Orion, MI 48360
Yates Cider Mill Store
2375 Joslyn Ct, Lake Orion, MI 48360
Dq
1083 S Lapeer Rd, Lake Orion, MI 48360
Orion Coney Express
1476 S Lapeer Rd, Lake Orion, MI 48360
G's Pizzeria
2775 S Lapeer Rd, Orion, MI 48360
Pho Stree Resturant
1206 S Lapeer Rd, Lake Orion, MI 48360
Nearby Restaurants
LongHorn Steakhouse
4965 S Baldwin Rd, Lake Orion, MI 48359 (1.4 miles away)
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!
