Interested in purchasing investment houses in the 48615 zip code in Breckenridge, MI?
The zip code 48615 is in both Gratiot and Midland counties with a latitude of -84.471450000000 and longitude of 43.429480000000, is in the state of Michigan. The average asking price of houses and condos is $93,357.00 and the average sale price was $292,000.00. this regions is classified as the Flint - Saginaw metro area and is in the 989 area code. The location in degrees is 43° 25' 46.128" N, 84° 28' 17.22" W. The county F.I.P.S. is 26057. The total land area is 57.6 square miles and the water area is 0.2 square miles. The elevation in this area is 650 - 745 feet. The zip code is on eastern standard time and observes daylight savings time.
The zip 48615 is in county number 111 and is L. Sector 96, L. Segment 00, H. Sector 00, and H. Segment 00. The population was 2,758 in 2019 and 3,058 in 2010. This further breaks down to 1,430 males (51.8%) and 1,328 females (48.2%). The median age of residents is 40.1 years. The population of the greater Alma, MI area is 42,481. The population density (people per square mile) is 48. This zip code has a combined total of 1,306 houses and condos. There are 249 rented appartments. 21% of residents rent versus the 21% 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 $43,612 and the average salary is $36,924. The median household income of individuals is $46,426.00 and the average is $47,090.00. This zip code has a mean commute time to work of 27.6 minutes. The unemployment rate is 2.6%. Income earners by percent breakdown as 54.90% (Under $50,000), 34.20% ($50,000-$100,000), and 10.80% earn over $100,000. 14.1% of residents live below poverty line versus the 13.0% in the state that are below this line. The cost of living index is 80.2. The educational breakdown is 94.5% have a high school education or higher, 16.5% have a bachelor's degree or higher, and 5.2% have some kind of profesional degree.
This area has 1,186 households and the average size is 2.3 people. Individuals who are single and have never been married are 23.9%, 56.4% are now married, 1.6% are separated, 6.2% are widowed, and 11.9% are divorced. The average yearly contribution amount given by people to charity was $2,581 versus the state average of $4,225. The percent of residents who gave to charity was 11.5%.
The estimated median value of houses and condos is $96,974. The median monthly owner costs of mortgage holders was $1,031, where as the costs for those who don't have a mortgage are $483. The median number of rooms in houses and condos are 6.7 versus apartments which had a median number of 4.8.
The real estate tax percent rate is 1.5% which equated to an average real estate tax amount payment of $1,478. 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 1.5% which amounted to an average tax amount of $1,507. 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 $1,454. Reported taxable interest for persons was $764, dividends $2,743, capital gains +$900, and itemized deductions $16,146. The average earned income tax credit is $2,125. The percent of individuals that use a tax preparer is 56.8%. The total average income taxes paid by individuals was $5,088. Businesses reported an average profit of $9,482.
Anschutz Cafe
212 E Saginaw St, Breckenridge, MI 48615
Main Street Pizza
226 E Saginaw St, Breckenridge, MI 48615
Subway
325 E Saginaw St, Breckenridge, MI 48615
Hartman Wendy
7200 E Mcgregor Rd, Wheeler, MI 48662 (3.9 miles away)
Tony's Home Of The Giant Steak Sandwich
518 W Washington St, Saint Louis, MI 48880 (5.2 miles away)
Cross Roads Bar & Grill
5957 N State Rd, Alma, MI 48801 (8.1 miles away)
Woody's Place
124 N Midland St, Merrill, MI 48637 (8.6 miles away)
J J Rubys
2862 N State Rd, Ithaca, MI 48847 (9.3 miles away)
Fireside Grille
8400 S Genuine Rd, Shepherd, MI 48883 (12.6 miles away)
Bob's Big Boy
7990 Monroe Rd, Elwell, MI 48832 (13.2 miles away)
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