Interested in purchasing investment houses in the 48649 zip code in Oakley, MI?
The zip code 48649 is in both Saginaw and Shiawassee counties with a latitude of -84.215340000000 and longitude of 43.155770000000, is in the state of Michigan. The average asking price of houses and condos is $113,000.00 and the average sale price was $45,636.00. this regions is classified as the Flint - Saginaw metro area and is in the 989 area code. The location in degrees is 43° 9' 20.772" N, 84° 12' 55.224" W. The county F.I.P.S. is 26145. The total land area is 25.9 square miles and the water area is 0.2 square miles. The elevation in this area is 650 - 696 feet. The zip code is on eastern standard time and observes daylight savings time.
The zip 48649 is in county number 155 and is L. Sector 96, L. Segment 03, H. Sector 03, and H. Segment 03. The population was 1,266 in 2019 and 1,576 in 2010. This further breaks down to 641 males (50.7%) and 624 females (49.3%). The median age of residents is 47.1 years. The population of the greater Saginaw-Saginaw Township North, MI area is 203,006. The population density (people per square mile) is 49. This zip code has a combined total of 565 houses and condos. There are 53 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 lower middle class. The average individual gross adjusted income is $41,517 and the average salary is $34,931. The median household income of individuals is $46,551.00 and the average is $47,790.00. This zip code has a mean commute time to work of 33.4 minutes. The unemployment rate is 4.0%. Income earners by percent breakdown as 54.40% (Under $50,000), 34.40% ($50,000-$100,000), and 11.10% earn over $100,000. 11.7% 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 90.5% have a high school education or higher, 11.6% have a bachelor's degree or higher, and 3.5% have some kind of profesional degree.
This area has 608 households and the average size is 2.4 people. Individuals who are single and have never been married are 24.4%, 60.6% are now married, 1.1% are separated, 5.6% are widowed, and 8.2% are divorced. The average yearly contribution amount given by people to charity was $1,917 versus the state average of $4,225. The percent of residents who gave to charity was 14.8%.
The estimated median value of houses and condos is $117,099. The median monthly owner costs of mortgage holders was $1,209, where as the costs for those who don't have a mortgage are $421. 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 1.6% which equated to an average real estate tax amount payment of $1,882. 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 $1,893. 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 $1,879. Reported taxable interest for persons was $1,224, dividends $1,853, capital gains +$591, and itemized deductions $16,653. The average earned income tax credit is $2,300. The percent of individuals that use a tax preparer is 69.1%. The total average income taxes paid by individuals was $5,112. Businesses reported an average profit of $5,113.
Crossroads Cafe
104 N Main St, Oakley, MI 48649
Granny's Kitchen
104 N Main St, Oakley, MI 48649
Fortune House Restaurant
212 W Main, Henderson, MI 48841 (2.9 miles away)
Riverfront Grille
128 N Front St, Chesaning, MI 48616 (5.4 miles away)
Linda's Happy Hour
201 W Main St, Bannister, MI 48807 (7.6 miles away)
B & L's Shed Inc
11995 S Merrill Rd, Brant, MI 48614 (8.5 miles away)
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