Interested in purchasing investment houses in the 48450 zip code in Lexington, MI?
The zip code 48450 is in Sanilac county with a latitude of -82.542030000000 and longitude of 43.258710000000, is in the state of Michigan. The average asking price of houses and condos is $167,786.00 and the average sale price was $201,205.00. this regions is classified as the Detroit metro area and is in the 810 area code. The location in degrees is 43° 15' 31.356" N, 82° 32' 31.308" W. The county F.I.P.S. is 26151. The total land area is 22.2 square miles and the water area is 2.3 square miles. The elevation in this area is 581 - 663 feet. The zip code is on eastern standard time and observes daylight savings time.
The zip 48450 is in county number 151 and is L. Sector 00, L. Segment 01, H. Sector 18, and H. Segment 18. The population was 4,560 in 2019 and 4,780 in 2010. Of this, the break down in 2019 was 2,827 urban and 1,732 rural. This further breaks down to 2,211 males (48.5%) and 2,348 females (51.5%). The median age of residents is 58.0 years. The population density (people per square mile) is 205. This zip code has a combined total of 4,338 houses and condos. There are 353 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 $44,229 and the average salary is $37,355. The median household income of individuals is $44,464.00 and the average is $67,440.00. This zip code has a mean commute time to work of 33.4 minutes. The unemployment rate is 5.6%. Income earners by percent breakdown as 58.20% (Under $50,000), 29.90% ($50,000-$100,000), and 11.90% earn over $100,000. 14.9% of residents live below poverty line versus the 13.0% in the state that are below this line. The cost of living index is 81.8. The educational breakdown is 92.4% have a high school education or higher, 25.7% have a bachelor's degree or higher, and 9.3% have some kind of profesional degree.
This area has 2,212 households and the average size is 1.9 people. Individuals who are single and have never been married are 25.5%, 51.5% are now married, 0.8% are separated, 8.0% are widowed, and 14.2% are divorced. The average yearly contribution amount given by people to charity was $2,802 versus the state average of $4,225. The percent of residents who gave to charity was 19.8%.
The estimated median value of houses and condos is $152,593. The median monthly owner costs of mortgage holders was $983, where as the costs for those who don't have a mortgage are $402. The median number of rooms in houses and condos are 6.1 versus apartments which had a median number of 4.3.
The real estate tax percent rate is 1.1% which equated to an average real estate tax amount payment of $1,624. 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 $1,623. 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 $1,634. Reported taxable interest for persons was $1,673, dividends $4,874, capital gains +$1,798, and itemized deductions $18,730. The average earned income tax credit is $2,009. The percent of individuals that use a tax preparer is 66.0%. The total average income taxes paid by individuals was $6,128. Businesses reported an average profit of $6,724.
Celtic Ray
7318 Huron Ave, Lexington, MI 48450
The Cadillac House Inn & Tavern
5502 Main St, Lexington, MI 48450
The Windjammer Restaurant
7420 Huron Ave, Lexington, MI 48450
Village Inn
5523 Main St, Lexington, MI 48450
Beck's Village Cafe & Ice Cream
5349 Main St, Lexington, MI 48450
Lakeview Hills Golf Resort
6560 Peck Rd, Lexington, MI 48450
Bush's Restaurant
6513 Lakeshore Rd, Lexington, MI 48450
Newman's Pub N Grub
7264 Lakeshore Rd, Lexington, MI 48450
A & W Lakeside Family Restaurant
Lexington, MI 48450
Sweet Water
7318 Huron Ave, Lexington, MI 48450
Lexington Brewing Company and Wine House
5475 Main St, Lexington, MI 48450
The Vintage
7318 Huron Ave, Lexington, MI 48450
Lakeview Donut Shop
7331 Lakeshore Rd, Lexington, MI 48450
Wimpy's Place
7270 Huron Ave, Lexington, MI 48450
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!
