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Investors
Interested in purchasing investment houses in the 48390 zip code in Walled Lake, MI?
Detailed Demographic Statistics
The zip code 48390 is in Oakland county, is in the state of Michigan. This zip code contains two cities including Walled Lake, MI (17.48%), and Wolverine Lake, MI (12.45%) The total land area is 12.5 square miles and the water area is 1.0 square miles.
The zip 48390 is in county number and is L. Sector , L. Segment , H. Sector , and H. Segment . The population was 24,140 in 2019 and 22,898 in 2010. This further breaks down to 12,048 males (49.9%) and 12,091 females (50.1%). The median age of residents is 43.0 years. The population density (people per square mile) is 1,927. This zip code has a combined total of 11,118 houses and condos. There are 2,933 rented appartments. 28% of residents rent versus the 28% of residents in the state who rent.
The average individual gross adjusted income is $67,345 and the average salary is $56,035. The estimated median household income of individuals is around $76,370. This zip code has a mean commute time to work of 27.7 minutes. The unemployment rate is 3.6%. 6.0% of residents live below poverty line versus the 13.0% in the state that are below this line. The cost of living index is 90.5. The educational breakdown is 94.0% have a high school education or higher, 42.4% have a bachelor's degree or higher, and 15.4% have some kind of profesional degree.
The average size of households is 2.3 people. Individuals who are single and have never been married are 28.7%, 51.9% are now married, 0.7% are separated, 5.5% are widowed, and 13.2% are divorced. The average yearly contribution amount given by people to charity was $2,926 versus the state average of $4,225. The percent of residents who gave to charity was 34.4%.
The estimated median value of houses and condos is $235,303. The median monthly owner costs of mortgage holders was $1,488, where as the costs for those who don't have a mortgage are $607. The median number of rooms in houses and condos are 6.1 versus apartments which had a median number of 4.2.
The real estate tax percent rate is 1.3% which equated to an average real estate tax amount payment of $2,996. 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 $3,033. 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 $2,899. Reported taxable interest for persons was $1,443, dividends $3,866, capital gains +$31,415, and itemized deductions $20,362. The average earned income tax credit is $1,948. The percent of individuals that use a tax preparer is 56.2%. The total average income taxes paid by individuals was $8,190. Businesses reported an average profit of $12,384.Local Restaurants
Bar Verona
500 Loop Rd, Commerce Township, MI 48390
Johnny Carino's
500 Loop Rd, Commerce Township, MI 48390
Nino's Italian Bakery
115 E Walled Lake Dr, Walled Lake, MI 48390
Spicy Bangkok
40270 W 14 Mile Rd, Commerce Township, MI 48390
Haang's Bistro
225 E Walled Lake Dr, Walled Lake, MI 48390
Sushi Den
716 N Pontiac Trl, Walled Lake, MI 48390
Uptown Grille
3100 E West Maple Rd, Commerce Township, MI 48390
Sidecar Commerce
2215 Haggerty Hwy, Walled Lake, MI 48390
C.A.Y.A Smokehouse Grill
1403 S Commerce Rd, Walled Lake, MI 48390
Lulu's Of Commerce
1001 Welch Rd Ste 114, Commerce Township, MI 48390
Gest Omelettes Restaurant
39560 W 14 Mile Rd, Commerce Township, MI 48390
Jennifer's Cafe
4052 Haggerty Hwy, Commerce Township, MI 48390
Eddie's Coney Island
1749 Haggerty Hwy, Commerce Township, MI 48390
Leoxe2x80x99s Coney Island
40290 W 14 Mile Rd, Commerce Township, MI 48390
Dave & Amy's
800 N Pontiac Trl, Walled Lake, MI 48390
Lakeside Coney Island
602 N Pontiac Trl, Walled Lake, MI 48390
Dq
551 N Pontiac Trl, Walled Lake, MI 48390
Oakland County Business Association inc Michigan
Box 222, Walled Lake, MI 48390
Laziz Mediterranean Cuisine
39650 W 14 Mile Rd, Commerce Township, MI 48390
Pepino's Restaurant
118 W Walled Lake Dr, Walled Lake, MI 48390
Nearby Restaurants
Tokyo Sushi
2240 Union Lake Rd, Commerce Township, MI 48382 (2.1 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!
