Interested in purchasing investment houses in the 48457 zip code in Montrose, MI?
The zip code 48457 is in both Genesee and Saginaw counties with a latitude of -83.895660000000 and longitude of 43.189440000000, is in the state of Michigan. The average asking price of houses and condos is $99,352.00 and the average sale price was $64,313.00. this regions is classified as the Flint - Saginaw metro area and is in the 810 area code. The location in degrees is 43° 11' 21.984" N, 83° 53' 44.376" W. The county F.I.P.S. is 26049. This zip code contains two cities including Montrose, MI (2.18%), and Burt, MI (0.14%) The total land area is 43.9 square miles and the water area is 0.9 square miles. The elevation in this area is 594 - 679 feet. The zip code is on eastern standard time and observes daylight savings time.
The zip 48457 is in county number 145 and is L. Sector 93, L. Segment 00, H. Sector 00, and H. Segment 00. The population was 8,206 in 2019 and 8,436 in 2010. This further breaks down to 4,280 males (52.2%) and 3,926 females (47.8%). The median age of residents is 47.7 years. The population of the greater Flint, MI area is 424,800. The population density (people per square mile) is 187. This zip code has a combined total of 3,369 houses and condos. There are 391 rented appartments. 13% of residents rent versus the 13% 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 $38,779 and the average salary is $32,503. The median household income of individuals is $54,538.00 and the average is $45,750.00. This zip code has a mean commute time to work of 30.0 minutes. The unemployment rate is 5.5%. Income earners by percent breakdown as 44.60% (Under $50,000), 39.10% ($50,000-$100,000), and 16.20% earn over $100,000. 13.0% of residents live below poverty line versus the 13.0% in the state that are below this line. The cost of living index is 81.0. The educational breakdown is 86.6% have a high school education or higher, 13.9% have a bachelor's degree or higher, and 3.9% have some kind of profesional degree.
This area has 3,060 households and the average size is 2.6 people. Individuals who are single and have never been married are 24.6%, 56.0% are now married, 0.8% are separated, 6.5% are widowed, and 12.1% are divorced. The average yearly contribution amount given by people to charity was $2,723 versus the state average of $4,225. The percent of residents who gave to charity was 18.5%.
The estimated median value of houses and condos is $126,608. The median monthly owner costs of mortgage holders was $1,226, where as the costs for those who don't have a mortgage are $499. The median number of rooms in houses and condos are 6.2 versus apartments which had a median number of 4.9.
The real estate tax percent rate is 1.6% which equated to an average real estate tax amount payment of $2,068. 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 1.6% which amounted to an average tax amount of $2,156. Conversely, the median housing property tax percent for residents who don't have mortgages was 1.7% which amounted to an average tax amount of $1,972. Reported taxable interest for persons was $891, dividends $2,748, capital gains +$717, and itemized deductions $16,878. The average earned income tax credit is $2,202. The percent of individuals that use a tax preparer is 63.1%. The total average income taxes paid by individuals was $5,236. Businesses reported an average profit of $4,942.
Naples Pizzeria & Restaurant
103 W State St, Montrose, MI 48457
Roxy's Diner
355 E State St, Montrose, MI 48457
Naples Pizzeria & Restaurant
124 W State St, Montrose, MI 48457
El Agave Mexican Restaurant
113 W State St, Montrose, MI 48457
50's Pizza
288 E State St, Montrose, MI 48457
Backwoods Bar & Grill of Burt
12201 Albee Rd, Burt, MI 48417 (5.7 miles away)
New Lothrop Tavern
9513 Genesee St, New Lothrop, MI 48460 (5.8 miles away)
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