Interested in purchasing investment houses in the 48416 zip code in Brown City, MI?
The zip code 48416 is in both Sanilac and Lapeer counties with a latitude of -82.984440000000 and longitude of 43.216700000000, is in the state of Michigan. The average asking price of houses and condos is $98,565.00 and the average sale price was $96,250.00. this regions is classified as the Detroit metro area and is in the 810 area code. The location in degrees is 43° 13' 0.12" N, 82° 59' 3.984" W. The county F.I.P.S. is 26151. The total land area is 112.1 square miles and the water area is 0.8 square miles. The elevation in this area is 758 - 886 feet. The zip code is on eastern standard time and observes daylight savings time.
The zip 48416 is in county number 147 and is L. Sector 95, L. Segment 01, H. Sector 01, and H. Segment 01. The population was 5,235 in 2019 and 5,002 in 2010. This further breaks down to 2,488 males (47.5%) and 2,747 females (52.5%). The median age of residents is 37.7 years. The population of the greater Detroit-Warren-Livonia, MI area is 4,473,111. The population density (people per square mile) is 47. This zip code has a combined total of 2,108 houses and condos. There are 368 rented appartments. 19% of residents rent versus the 19% 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 $41,724 and the average salary is $35,608. The median household income of individuals is $46,861.00 and the average is $48,670.00. This zip code has a mean commute time to work of 35.2 minutes. The unemployment rate is 6.9%. Income earners by percent breakdown as 54.20% (Under $50,000), 33.80% ($50,000-$100,000), and 12.10% earn over $100,000. 13.5% of residents live below poverty line versus the 13.0% in the state that are below this line. The cost of living index is 81.4. The educational breakdown is 85.3% have a high school education or higher, 9.4% have a bachelor's degree or higher, and 4.3% have some kind of profesional degree.
This area has 1,850 households and the average size is 2.7 people. Individuals who are single and have never been married are 29.0%, 55.4% are now married, 1.1% are separated, 4.6% are widowed, and 9.8% are divorced. The average yearly contribution amount given by people to charity was $2,912 versus the state average of $4,225. The percent of residents who gave to charity was 15.4%.
The estimated median value of houses and condos is $143,526. The median monthly owner costs of mortgage holders was $1,152, where as the costs for those who don't have a mortgage are $407. The median number of rooms in houses and condos are 6.4 versus apartments which had a median number of 4.9.
The real estate tax percent rate is 1.1% which equated to an average real estate tax amount payment of $1,538. 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 $1,613. 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 $1,445. Reported taxable interest for persons was $1,291, dividends $1,718, capital gains +$4,888, and itemized deductions $17,195. The average earned income tax credit is $2,234. The percent of individuals that use a tax preparer is 69.2%. The total average income taxes paid by individuals was $4,837. Businesses reported an average profit of $7,750.
Linda Lou's Bar & Grill
4397 Main St, Brown City, MI 48416
The Horseshoe Grill
4000 Main St, Brown City, MI 48416
Champs Chicken
4436 Main St, Brown City, MI 48416
Horseshoe Creamery & Bake Shop
4233 Main St, Brown City, MI 48416
Green Devil Grill
4254 Main St, Brown City, MI 48416
Ginny 2 Shooz Coffee Shop
4237 Main St, Brown City, MI 48416
Ginger's Cafe
4046 Main St, Brown City, MI 48416
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