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| The First and Original 1-800-932-8946 | |
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Investors
Interested in purchasing investment houses in the 48381 zip code in Milford, MI?
Detailed Demographic Statistics
The zip code 48381 is in Oakland county, is in the state of Michigan. This zip code contains two cities including Milford, MI (12.13%), and Wixom, MI (0.18%) The total land area is 20.0 square miles and the water area is 0.8 square miles.
The zip 48381 is in county number and is L. Sector , L. Segment , H. Sector , and H. Segment . The population was 13,628 in 2019 and 12,605 in 2010. Of this, the break down in 2019 was 10,469 urban and 3,158 rural. This further breaks down to 6,251 males (45.9%) and 7,376 females (54.1%). The median age of residents is 46.8 years. The population density (people per square mile) is 681. This zip code has a combined total of 5,911 houses and condos. There are 1,253 rented appartments. 22% of residents rent versus the 22% of residents in the state who rent.
The average individual gross adjusted income is $76,793 and the average salary is $66,171. The estimated median household income of individuals is around $82,775. This zip code has a mean commute time to work of 32.0 minutes. The unemployment rate is 1.7%. 6.7% of residents live below poverty line versus the 13.0% in the state that are below this line. The cost of living index is 91.4. The educational breakdown is 96.7% have a high school education or higher, 43.7% have a bachelor's degree or higher, and 14.9% have some kind of profesional degree.
The average size of households is 2.4 people. Individuals who are single and have never been married are 24.0%, 56.7% are now married, 0.4% are separated, 4.2% are widowed, and 14.7% are divorced. The average yearly contribution amount given by people to charity was $3,131 versus the state average of $4,225. The percent of residents who gave to charity was 38.3%.
The estimated median value of houses and condos is $325,421. The median monthly owner costs of mortgage holders was $1,700, where as the costs for those who don't have a mortgage are $672. The median number of rooms in houses and condos are 7.4 versus apartments which had a median number of 4.7.
The real estate tax percent rate is 1.3% which equated to an average real estate tax amount payment of $4,212. 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 $4,225. 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 $4,212. Reported taxable interest for persons was $1,418, dividends $6,273, capital gains +$12,045, and itemized deductions $23,566. The average earned income tax credit is $1,848. The percent of individuals that use a tax preparer is 54.9%. The total average income taxes paid by individuals was $9,528. Businesses reported an average profit of $14,414.Local Restaurants
Coratti's On Main
335 N Main St, Milford, MI 48381
Bangkok City Thai Cuisine
427 N Main St, Milford, MI 48381
Oh Tokyo
131 S Milford Rd Ste 500, Milford, MI 48381
Milford House Bar & Grill
113 E Commerce St, Milford, MI 48381
Smoke Street
424 N Main St, Milford, MI 48381
Applewood Grill
160 S Milford Rd, Milford, MI 48381
Bakers of Milford
2025 S Milford Rd, Milford, MI 48381
Gravity Bar & Grill
340 N Main St, Milford, MI 48381
Czapski's Kitchen Cafe & Catering
210 N Main St, Milford, MI 48381
Dimitri's Coney Island
620 Highland Ave, Milford, MI 48381
Holden's Party Store
2055 S Milford Rd, Milford, MI 48381
Leoxe2x80x99s Coney Island
210 N Main St, Milford, MI 48381
Dq
2020 S Milford Rd, Milford, MI 48381
Americus Coney & Grill
167 S Milford Rd, Milford, MI 48381
Hector & Jimmy's Restaurant
780 N Milford Rd, Milford, MI 48381
Lei Ting
525 N Main St Ste 150, Milford, MI 48381
Papa Romano's
100 Milford Meadows Dr, Milford, MI 48381
Sweetwaters Coffee & Tea Milford on Main
525 N Main St Ste 250, Milford, MI 48381
Method Barre
332 N Main St, Milford, MI 48381
Leftyaxe2x82xacxe2x84xa2S Cheesesteak
131 S Milford Rd, Milford, MI 48381
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!
