Interested in purchasing investment houses in the 48659 zip code in Sterling, MI?
The zip code 48659 is in both Arenac and Bay counties with a latitude of -84.050490000000 and longitude of 44.066860000000, is in the state of Michigan. The average asking price of houses and condos is $98,154.00 and the average sale price was $47,067.00. this regions is classified as the Flint - Saginaw metro area and is in the 989 area code. The location in degrees is 44° 4' 0.696" N, 84° 3' 1.764" W. The county F.I.P.S. is 26011. The total land area is 79.7 square miles and the water area is 0.3 square miles. The elevation in this area is 679 - 856 feet. The zip code is on eastern standard time and observes daylight savings time.
The zip 48659 is in county number 017 and is L. Sector 96, L. Segment 01, H. Sector 01, and H. Segment 01. The population was 2,788 in 2019 and 2,850 in 2010. This further breaks down to 1,436 males (51.5%) and 1,351 females (48.5%). The median age of residents is 44.3 years. The population density (people per square mile) is 35. This zip code has a combined total of 1,410 houses and condos. There are 165 rented appartments. 15% of residents rent versus the 15% 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 $38,462 and the average salary is $32,602. The median household income of individuals is $40,758.00 and the average is $43,110.00. This zip code has a mean commute time to work of 27.3 minutes. The unemployment rate is 4.4%. Income earners by percent breakdown as 60.90% (Under $50,000), 30.70% ($50,000-$100,000), and 8.40% earn over $100,000. 15.0% of residents live below poverty line versus the 13.0% in the state that are below this line. The cost of living index is 80.9. The educational breakdown is 88.4% have a high school education or higher, 9.5% have a bachelor's degree or higher, and 3.5% have some kind of profesional degree.
This area has 1,077 households and the average size is 2.6 people. Individuals who are single and have never been married are 24.9%, 55.4% are now married, 0.2% are separated, 6.6% are widowed, and 12.9% are divorced. The average yearly contribution amount given by people to charity was $2,079 versus the state average of $4,225. The percent of residents who gave to charity was 11.3%.
The estimated median value of houses and condos is $100,623. The median monthly owner costs of mortgage holders was $1,067, where as the costs for those who don't have a mortgage are $373. The median number of rooms in houses and condos are 6.0 versus apartments which had a median number of 5.4.
The real estate tax percent rate is 1.4% which equated to an average real estate tax amount payment of $1,446. 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 $1,595. Conversely, the median housing property tax percent for residents who don't have mortgages was 1.4% which amounted to an average tax amount of $1,270. Reported taxable interest for persons was $584, dividends $1,764, capital gains +$4,870, and itemized deductions $17,857. The average earned income tax credit is $2,222. The percent of individuals that use a tax preparer is 66.1%. The total average income taxes paid by individuals was $5,381. Businesses reported an average profit of $6,563.
Iva's Chicken Dinners
201 Chestnut St, Sterling, MI 48659
Miss Michele's
2005 N Melita Rd, Sterling, MI 48659
Glory Days
112 Main St, Sterling, MI 48659
Country Diner
530 Saginaw St, Sterling, MI 48659
Cliff's Bar
108 Main St, Sterling, MI 48659
Wheelers Restaurant
111 S Main St, Standish, MI 48658 (8.4 miles away)
Home Pub
5827 S M 76, Alger, MI 48610 (8.4 miles away)
Cafe' International
4761 Sage Lake Rd, Prescott, MI 48756 (10 miles away)