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| The First and Original 1-800-932-8946 | |
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Investors
Interested in purchasing investment houses in the 48642 zip code in Midland, MI?
Detailed Demographic Statistics
The zip code 48642, is in the state of Michigan. The total land area is 114.3 square miles and the water area is 0.6 square miles.
The zip 48642 is in county number and is L. Sector , L. Segment , H. Sector , and H. Segment . The population was 33,621 in 2019 and 32,277 in 2010. Of this, the break down in 2019 was 24,019 urban and 9,601 rural. This further breaks down to 16,486 males (49.0%) and 17,135 females (51.0%). The median age of residents is 40.8 years. The population density (people per square mile) is 294. This zip code has a combined total of 14,627 houses and condos. There are 3,607 rented appartments. 26% of residents rent versus the 26% of residents in the state who rent.
The average individual gross adjusted income is $72,536 and the average salary is $65,427. The estimated median household income of individuals is around $70,763. This zip code has a mean commute time to work of 20.1 minutes. The unemployment rate is 3.0%. 7.8% of residents live below poverty line versus the 13.0% in the state that are below this line. The cost of living index is 78.6. The educational breakdown is 95.5% have a high school education or higher, 43.3% have a bachelor's degree or higher, and 18.8% have some kind of profesional degree.
The average size of households is 2.4 people. Individuals who are single and have never been married are 25.4%, 57.9% are now married, 0.5% are separated, 5.0% are widowed, and 11.1% are divorced. The average yearly contribution amount given by people to charity was $5,149 versus the state average of $4,225. The percent of residents who gave to charity was 29.7%.
The estimated median value of houses and condos is $164,203. The median monthly owner costs of mortgage holders was $1,329, where as the costs for those who don't have a mortgage are $515. The median number of rooms in houses and condos are 6.9 versus apartments which had a median number of 4.1.
The real estate tax percent rate is 1.8% which equated to an average real estate tax amount payment of $2,904. 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 1.7% which amounted to an average tax amount of $2,992. Conversely, the median housing property tax percent for residents who don't have mortgages was 1.9% which amounted to an average tax amount of $2,742. Reported taxable interest for persons was $1,032, dividends $5,646, capital gains +$4,721, and itemized deductions $22,953. The average earned income tax credit is $1,981. The percent of individuals that use a tax preparer is 50.7%. The total average income taxes paid by individuals was $9,795. Businesses reported an average profit of $13,994.Local Restaurants
Lucky's Steakhouse
830 Joe Mann Blvd, Midland, MI 48642
Yummy Japan
6800 Eastman Ave Ste 10, Midland, MI 48642
Sunny Japan
6800 Eastman Ave, Midland, MI 48642
Fuji Sushi
1512 Joe Mann Blvd, Midland, MI 48642
Logan's Roadhouse
7135 Eastman Ave, Midland, MI 48642
Big E's Sports Grill - Midland, MI
810 Cinema Dr, Midland, MI 48642
Bennigan's
6603 Eastman Ave, Midland, MI 48642
Noodles & Company
7007 Eastman Ave, Midland, MI 48642
Beer & Brats Inc
4562 N Eastman Rd, Midland, MI 48642
Buffalo Wild Wings
6728 Eastman Ave, Midland, MI 48642
When my husband passed away suddenly, I was left with a home I had to sell fast. The experts from We Buy Homes dealt with me professionally, fairly, and honestly. I didn’t have to list my house and I didn’t have to deal with strangers walking through my home. And I didn’t have to pay a realtor! They handled everything and that provided the peace of mind I needed during such a difficult time. I highly recommend them!
