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| The First and Original 1-800-932-8946 | |
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Investors
Interested in purchasing investment houses in the 48371 zip code in Oxford, MI?
Detailed Demographic Statistics
The zip code 48371, is in the state of Michigan. The total land area is 42.7 square miles and the water area is 1.6 square miles.
The zip 48371 is in county number and is L. Sector , L. Segment , H. Sector , and H. Segment . The population was 25,740 in 2019 and 23,155 in 2010. Of this, the break down in 2019 was 19,177 urban and 6,562 rural. This further breaks down to 12,991 males (50.5%) and 12,748 females (49.5%). The median age of residents is 39.9 years. The population density (people per square mile) is 602. This zip code has a combined total of 9,576 houses and condos. There are 1,342 rented appartments. 14% of residents rent versus the 14% of residents in the state who rent.
The average individual gross adjusted income is $69,330 and the average salary is $62,073. The estimated median household income of individuals is around $90,982. This zip code has a mean commute time to work of 32.1 minutes. The unemployment rate is 3.6%. 4.7% of residents live below poverty line versus the 13.0% in the state that are below this line. The cost of living index is 89.6. The educational breakdown is 97.1% have a high school education or higher, 41.1% have a bachelor's degree or higher, and 14.4% have some kind of profesional degree.
The average size of households is 2.8 people. Individuals who are single and have never been married are 25.4%, 60.0% are now married, 0.8% are separated, 4.6% are widowed, and 9.3% are divorced. The average yearly contribution amount given by people to charity was $2,837 versus the state average of $4,225. The percent of residents who gave to charity was 38.8%.
The estimated median value of houses and condos is $280,528. The median monthly owner costs of mortgage holders was $1,795, where as the costs for those who don't have a mortgage are $632. The median number of rooms in houses and condos are 7.1 versus apartments which had a median number of 4.5.
The real estate tax percent rate is 1.3% which equated to an average real estate tax amount payment of $3,712. 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 1.3% which amounted to an average tax amount of $3,827. Conversely, the median housing property tax percent for residents who don't have mortgages was 1.3% which amounted to an average tax amount of $3,361. Reported taxable interest for persons was $1,132, dividends $2,966, capital gains +$2,908, and itemized deductions $21,702. The average earned income tax credit is $1,945. The percent of individuals that use a tax preparer is 54.4%. The total average income taxes paid by individuals was $8,512. Businesses reported an average profit of $13,313.Local Restaurants
Italia Gardens Restaurant
1076 S Lapeer Rd, Oxford, MI 48371
Thai Cuisine
180 S Washington St, Oxford, MI 48371
Oxford Sushi and Habachi Express
51 S Washington St, Oxford, MI 48371
The Burning Oak
595 N Lapeer Rd, Oxford, MI 48371
Concho Pearl BBQ
955 S Lapeer Rd, Oxford, MI 48371
Oxford Sports Bar & Grill
23 S Washington St, Oxford, MI 48371
Red Knapps American Grill
2 N Washington St, Oxford, MI 48371
Victoria's Delights
12 S Washington St, Oxford, MI 48371
Nugget Restaurant
1055 S Lapeer Rd, Oxford, MI 48371
Leoxe2x80x99s Coney Island
587 N Lapeer Rd, Oxford, MI 48371
925 Social
925 N Lapeer Rd Ste 193, Oxford, MI 48371
Country Coney
1040 S Lapeer Rd, Oxford, MI 48371
5-1 Diner
51 S Washington St, Oxford, MI 48371
Jonmarx Steak and Seafood Restaurant
235 S Washington St, Oxford, MI 48371
Tami's Grille
1386 S Lapeer Rd, Oxford, MI 48371
Tropical Smoothie Cafe
595 N Lapeer Rd, Oxford, MI 48371
On The Border Mexican Grill & Cantina
2950 Stanton Rd, Oxford, MI 48371
Sullivan's Public House
23 N Washington St, Oxford, MI 48371
Oxford Tap Room
36 S Washington St, Oxford, MI 48371
Golden Dragon
32 S Washington St, Oxford, MI 48371
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!
