Interested in purchasing investment houses in the 48435 zip code in Fostoria, MI?
The zip code 48435 is in both Tuscola and Lapeer counties with a latitude of -83.358110000000 and longitude of 43.248290000000, is in the state of Michigan. The average asking price of houses and condos is $100,150.00 and the average sale price was $68,500.00. this regions is classified as the Flint - Saginaw metro area and is in the 989 area code. The location in degrees is 43° 14' 53.844" N, 83° 21' 29.196" W. The county F.I.P.S. is 26157. The total land area is 25.0 square miles and the water area is 0.1 square miles. The elevation in this area is 787 - 915 feet. The zip code is on eastern standard time and observes daylight savings time.
The zip 48435 is in county number 087 and is L. Sector 96, L. Segment 00, H. Sector 00, and H. Segment 00. The population was 1,961 in 2019 and 2,083 in 2010. This further breaks down to 1,058 males (54.0%) and 902 females (46.0%). The median age of residents is 42.2 years. The population density (people per square mile) is 78. This zip code has a combined total of 795 houses and condos. There are 71 rented appartments. 10% of residents rent versus the 10% of residents in the state who rent.
The financial status of those living in this area is considered middle class. The average individual gross adjusted income is $40,003 and the average salary is $33,760. The median household income of individuals is $51,419.00 and the average is $43,450.00. This zip code has a mean commute time to work of 38.2 minutes. The unemployment rate is 5.9%. Income earners by percent breakdown as 48.20% (Under $50,000), 35.60% ($50,000-$100,000), and 16.20% earn over $100,000. 16.6% of residents live below poverty line versus the 13.0% in the state that are below this line. The cost of living index is 80.5. The educational breakdown is 90.1% have a high school education or higher, 11.1% have a bachelor's degree or higher, and 2.9% have some kind of profesional degree.
This area has 756 households and the average size is 2.6 people. Individuals who are single and have never been married are 22.8%, 57.5% are now married, 1.8% are separated, 4.6% are widowed, and 13.3% are divorced. The average yearly contribution amount given by people to charity was $2,340 versus the state average of $4,225. The percent of residents who gave to charity was 16.3%.
The estimated median value of houses and condos is $131,031. The median monthly owner costs of mortgage holders was $1,176, where as the costs for those who don't have a mortgage are $564. The median number of rooms in houses and condos are 6.3 versus apartments which had a median number of 4.6.
The real estate tax percent rate is 1.1% which equated to an average real estate tax amount payment of $1,482. 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 $1,448. 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 $1,545. Reported taxable interest for persons was $836, dividends $625, and itemized deductions $15,418. The average earned income tax credit is $2,189. The percent of individuals that use a tax preparer is 67.4%. The total average income taxes paid by individuals was $4,773. Businesses reported an average profit of $6,636.
Fire Escape
9258 Foster St, Fostoria, MI 48435
H & S Meat Market
6401 Detroit St, Otter Lake, MI 48464 (3.9 miles away)
Maria's Pizzeria
230 W Main St, Mayville, MI 48744 (6.3 miles away)
Hollywood & Vine
9975 Silverwood Rd, Silverwood, MI 48760 (6.4 miles away)
Italian Village Market
4794 Lapeer Rd, Columbiaville, MI 48421 (7.9 miles away)
BBQ Guys
5716 Falkenbury Rd, North Branch, MI 48461 (8.7 miles away)
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