Interested in purchasing investment houses in the 48462 zip code in Ortonville, MI?
The zip code 48462 is in both Oakland and Lapeer counties with a latitude of -83.426650000000 and longitude of 42.848910000000, is in the state of Michigan. The average asking price of houses and condos is $162,625.00 and the average sale price was $125,791.00. this regions is classified as the Detroit metro area and consists of the following area codes: 248 and 947. The location in degrees is 42° 50' 56.076" N, 83° 25' 35.94" W. The county F.I.P.S. is 26125. The total land area is 47.6 square miles and the water area is 1.3 square miles. The elevation in this area is 929 - 1102 feet. The zip code is on eastern standard time and observes daylight savings time.
The zip 48462 is in county number 127 and is L. Sector 97, L. Segment 40, H. Sector 40, and H. Segment 40. The population was 14,011 in 2019 and 13,266 in 2010. Of this, the break down in 2019 was 3,652 urban and 10,358 rural. This further breaks down to 7,248 males (51.7%) and 6,762 females (48.3%). The median age of residents is 44.3 years. The population of the greater Detroit-Warren-Livonia, MI area is 4,473,111. The population density (people per square mile) is 294. This zip code has a combined total of 5,092 houses and condos. There are 300 rented appartments. 6% of residents rent versus the 6% 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 $65,919 and the average salary is $57,943. The median household income of individuals is $90,375.00 and the average is $82,080.00. This zip code has a mean commute time to work of 38.2 minutes. The unemployment rate is 4.7%. Income earners by percent breakdown as 19.60% (Under $50,000), 36.80% ($50,000-$100,000), and 43.70% earn over $100,000. 4.8% of residents live below poverty line versus the 13.0% in the state that are below this line. The cost of living index is 85.1. The educational breakdown is 95.9% have a high school education or higher, 30.4% have a bachelor's degree or higher, and 11.5% have some kind of profesional degree.
This area has 4,632 households and the average size is 2.8 people. Individuals who are single and have never been married are 25.9%, 58.9% are now married, 0.3% are separated, 4.8% are widowed, and 10.1% are divorced. The average yearly contribution amount given by people to charity was $2,747 versus the state average of $4,225. The percent of residents who gave to charity was 37.3%.
The estimated median value of houses and condos is $279,201. The median monthly owner costs of mortgage holders was $1,624, where as the costs for those who don't have a mortgage are $630. The median number of rooms in houses and condos are 6.7 versus apartments which had a median number of 4.9.
The real estate tax percent rate is 1.3% which equated to an average real estate tax amount payment of $3,646. 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 1.3% which amounted to an average tax amount of $3,630. 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 $3,700. Reported taxable interest for persons was $903, dividends $2,633, capital gains +$1,503, and itemized deductions $20,178. The average earned income tax credit is $1,767. The percent of individuals that use a tax preparer is 56.2%. The total average income taxes paid by individuals was $7,895. Businesses reported an average profit of $10,955.
O'Malley's Galley Restaurant
1595 S Ortonville Rd, Ortonville, MI 48462
Amigo's
39 N Ortonville Rd, Ortonville, MI 48462
Ken's Coney Island Restaurant
100 S Ortonville Rd, Ortonville, MI 48462
Tropical Smoothie Cafe
1152 S Ortonville Rd Ste 1, Ortonville, MI 48462
Escamilla Amigos
39 N Ortonville Rd, Ortonville, MI 48462
Village Pub
411 Mill St, Ortonville, MI 48462
HomeTown Buffet
930 S Ortonville Rd, Ortonville, MI 48462
Bullfrogs
2225 S Ortonville Rd, Ortonville, MI 48462
Fortitude Fitness
1660 S Ortonville Rd, Ortonville, MI 48462
Boat Bar
2000 S Ortonville Rd, Ortonville, MI 48462
A&W All-American Food
470 South St, Ortonville, MI 48462
Frosty Boy of Ortonville
955 S Ortonville Rd, Ortonville, MI 48462
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