Interested in purchasing investment houses in the 48401 zip code in Applegate, MI?
The zip code 48401 is in Sanilac county with a latitude of -82.667250000000 and longitude of 43.352700000000, is in the state of Michigan. The average asking price of houses and condos is $137,813.00 and the average sale price was $178,789.00. this regions is classified as the Detroit metro area and is in the 810 area code. The location in degrees is 43° 21' 9.72" N, 82° 40' 2.1" W. The county F.I.P.S. is 26151. The total land area is 33.1 square miles and the water area is 0.1 square miles. The elevation in this area is 604 - 801 feet. The zip code is on eastern standard time and observes daylight savings time.
The zip 48401 is in county number 151 and is L. Sector 00, L. Segment 01, H. Sector 19, and H. Segment 19. The population was 1,468 in 2019 and 1,439 in 2010. This further breaks down to 796 males (54.2%) and 672 females (45.8%). The median age of residents is 48.5 years. The population density (people per square mile) is 44. This zip code has a combined total of 886 houses and condos. There are 88 rented appartments. 15% of residents rent versus the 15% of residents in the state who rent.
The financial status of those living in this area is considered lower middle class. The average individual gross adjusted income is $39,835 and the average salary is $35,139. The median household income of individuals is $46,288.00 and the average is $44,320.00. This zip code has a mean commute time to work of 27.7 minutes. The unemployment rate is 8.5%. Income earners by percent breakdown as 56.90% (Under $50,000), 34.70% ($50,000-$100,000), and 8.40% earn over $100,000. 17.0% of residents live below poverty line versus the 13.0% in the state that are below this line. The cost of living index is 81.6. The educational breakdown is 90.1% have a high school education or higher, 13.4% have a bachelor's degree or higher, and 6.8% have some kind of profesional degree.
This area has 584 households and the average size is 2.5 people. Individuals who are single and have never been married are 22.9%, 63.3% are now married, 0.6% are separated, 4.7% are widowed, and 8.4% are divorced. The average yearly contribution amount given by people to charity was $2,638 versus the state average of $4,225. The percent of residents who gave to charity was 12.1%.
The estimated median value of houses and condos is $128,598. The median monthly owner costs of mortgage holders was $1,011, where as the costs for those who don't have a mortgage are $401. The median number of rooms in houses and condos are 6.2 versus apartments which had a median number of 5.8.
The real estate tax percent rate is 1.0% which equated to an average real estate tax amount payment of $1,227. 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 1.0% which amounted to an average tax amount of $1,224. Conversely, the median housing property tax percent for residents who don't have mortgages was 0.9% which amounted to an average tax amount of $1,239. Reported taxable interest for persons was $886, dividends $1,518, capital gains +$375, and itemized deductions $16,433. The average earned income tax credit is $2,315. The percent of individuals that use a tax preparer is 71.2%. The total average income taxes paid by individuals was $4,867. Businesses reported an average profit of $4,480.
The Applegate Inn
4736 Main Rd, Applegate, MI 48401
Shady Shores Inn
2504 Lakeshore Rd, Applegate, MI 48401
Triple J Cafe
4020 E Chandler St, Carsonville, MI 48419 (5 miles away)
The Camm Cafe
55 N Howard Ave, Croswell, MI 48422 (6.9 miles away)
Stone Lodge
156 S Ridge St, Port Sanilac, MI 48469 (7.1 miles away)
Celtic Ray
7318 Huron Ave, Lexington, MI 48450 (10.1 miles away)
The Vault Steakhouse And Saloon
4 W Sanilac Rd, Sandusky, MI 48471 (10.2 miles away)
Cafe Outpost
247 E Lapeer St, Peck, MI 48466 (10.7 miles away)
D-Ville Diner
3474 Main St, Deckerville, MI 48427 (11.2 miles away)