Interested in purchasing investment houses in the 48602 zip code in Saginaw, MI?
The zip code 48602 is in Saginaw county with a latitude of -83.974680000000 and longitude of 43.419740000000, is in the state of Michigan. The average asking price of houses and condos is $57,254.00 and the average sale price was $39,855.00. this regions is classified as the Flint - Saginaw metro area and is in the 989 area code. The location in degrees is 43° 25' 11.064" N, 83° 58' 28.848" W. The county F.I.P.S. is 26145. The total land area is 7.8 square miles and the water area is 0.3 square miles. The elevation in this area is 600 - 607 feet. The zip code is on eastern standard time and observes daylight savings time.
The zip 48602 is in county number 145 and is L. Sector , L. Segment , H. Sector , and H. Segment . The population was 30,528 in 2019 and 30,119 in 2010. This further breaks down to 14,920 males (48.9%) and 15,608 females (51.1%). The median age of residents is 36.2 years. The population of the greater Saginaw-Saginaw Township North, MI area is 203,006. The population density (people per square mile) is 3,899. This zip code has a combined total of 14,346 houses and condos. There are 5,148 rented appartments. 41% of residents rent versus the 41% 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 $34,488 and the average salary is $27,759. The median household income of individuals is $41,998.00 and the average is $35,730.00. This zip code has a mean commute time to work of 19.2 minutes. The unemployment rate is 9.3%. Income earners by percent breakdown as 58.80% (Under $50,000), 30.80% ($50,000-$100,000), and 10.40% earn over $100,000. 27.4% of residents live below poverty line versus the 13.0% in the state that are below this line. The cost of living index is 81.7. The educational breakdown is 85.4% have a high school education or higher, 14.4% have a bachelor's degree or higher, and 4.7% have some kind of profesional degree.
This area has 11,713 households and the average size is 2.4 people. Individuals who are single and have never been married are 43.6%, 34.1% are now married, 2.4% are separated, 5.5% are widowed, and 14.5% are divorced. The average yearly contribution amount given by people to charity was $4,977 versus the state average of $4,225. The percent of residents who gave to charity was 12.1%.
The estimated median value of houses and condos is $56,283. The median monthly owner costs of mortgage holders was $870, where as the costs for those who don't have a mortgage are $415. The median number of rooms in houses and condos are 6.1 versus apartments which had a median number of 4.8.
The real estate tax percent rate is 2.6% which equated to an average real estate tax amount payment of $1,447. 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 2.5% which amounted to an average tax amount of $1,536. Conversely, the median housing property tax percent for residents who don't have mortgages was 2.7% which amounted to an average tax amount of $1,333. Reported taxable interest for persons was $805, dividends $4,033, capital gains +$3,740, and itemized deductions $18,727. The average earned income tax credit is $2,571. The percent of individuals that use a tax preparer is 52.1%. The total average income taxes paid by individuals was $7,271. Businesses reported an average profit of $7,613.
Pasong's Restaurant
114 N Michigan Ave, Saginaw, MI 48602
Fralia's
422 Hancock St, Saginaw, MI 48602
Fuzzy's
1924 Court St, Saginaw, MI 48602
Jake's Old City Grill
100 S Hamilton St, Saginaw, MI 48602
El Rancho Grande
2403 N Michigan Ave, Saginaw, MI 48602
Panda House
1134 N Niagara St, Saginaw, MI 48602
Tony's Original Restaurant
2612 State St, Saginaw, MI 48602
Intermission Deli
2128 Bay St, Saginaw, MI 48602
Spatz Bakery
1120 State St, Saginaw, MI 48602
Hokkaido
1818 Lawndale Rd, Saginaw, MI 48638 (1.9 miles away)
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