Interested in purchasing investment houses in the 48463 zip code in Otisville, MI?
The zip code 48463 is in Genesee county with a latitude of -83.523010000000 and longitude of 43.165870000000, is in the state of Michigan. The average asking price of houses and condos is $91,806.00 and the average sale price was $77,474.00. this regions is classified as the Flint - Saginaw metro area and is in the 810 area code. The location in degrees is 43° 9' 57.132" N, 83° 31' 22.836" W. The county F.I.P.S. is 26049. The total land area is 34.9 square miles and the water area is 0.6 square miles. The elevation in this area is 764 - 896 feet. The zip code is on eastern standard time and observes daylight savings time.
The zip 48463 is in county number 049 and is L. Sector 00, L. Segment 01, H. Sector 87, and H. Segment 87. The population was 4,493 in 2019 and 4,627 in 2010. This further breaks down to 2,181 males (48.6%) and 2,311 females (51.4%). The median age of residents is 48.1 years. The population of the greater Flint, MI area is 424,800. The population density (people per square mile) is 129. This zip code has a combined total of 1,857 houses and condos. There are 179 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 $44,378 and the average salary is $33,645. The median household income of individuals is $59,735.00 and the average is $52,710.00. This zip code has a mean commute time to work of 32.6 minutes. The unemployment rate is 6.0%. Income earners by percent breakdown as 40.40% (Under $50,000), 41.30% ($50,000-$100,000), and 18.30% earn over $100,000. 9.1% 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 92.4% have a high school education or higher, 17.9% have a bachelor's degree or higher, and 6.9% have some kind of profesional degree.
This area has 1,813 households and the average size is 2.6 people. Individuals who are single and have never been married are 23.0%, 59.5% are now married, 0.2% are separated, 5.9% are widowed, and 11.3% are divorced. The average yearly contribution amount given by people to charity was $2,460 versus the state average of $4,225. The percent of residents who gave to charity was 19.7%.
The estimated median value of houses and condos is $145,848. The median monthly owner costs of mortgage holders was $1,207, where as the costs for those who don't have a mortgage are $489. The median number of rooms in houses and condos are 6.6 versus apartments which had a median number of 5.2.
The real estate tax percent rate is 1.4% which equated to an average real estate tax amount payment of $2,073. 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 $2,072. Conversely, the median housing property tax percent for residents who don't have mortgages was 1.6% which amounted to an average tax amount of $2,081. Reported taxable interest for persons was $645, dividends $1,916, capital gains +$161, and itemized deductions $16,228. The average earned income tax credit is $1,997. The percent of individuals that use a tax preparer is 66.1%. The total average income taxes paid by individuals was $5,646. Businesses reported an average profit of $6,969.
Otie's
229 S State Rd, Otisville, MI 48463
Arlene's Diner
101 E Main St, Otisville, MI 48463
Newtons Sports Bar
9504 Vienna Rd, Otisville, MI 48463
K&J's Pizzeria
377 N State Rd, Otisville, MI 48463
Down Home Diner
9504 Vienna Rd, Otisville, MI 48463
H & S Meat Market
6401 Detroit St, Otter Lake, MI 48464 (5.7 miles away)
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