Interested in purchasing investment houses in the 48706 zip code in Bay City, MI?
The zip code 48706 is in Bay county with a latitude of -83.954640000000 and longitude of 43.597150000000, is in the state of Michigan. The average asking price of houses and condos is $123,733.00 and the average sale price was $82,126.00. this regions is classified as the Flint - Saginaw metro area and is in the 989 area code. The location in degrees is 43° 35' 49.74" N, 83° 57' 16.704" W. The county F.I.P.S. is 26017. The total land area is 67.0 square miles and the water area is 7.2 square miles. The elevation in this area is 581 - 623 feet. The zip code is on eastern standard time and observes daylight savings time.
The zip 48706 is in county number 017 and is L. Sector , L. Segment , H. Sector , and H. Segment . The population was 39,929 in 2019 and 40,596 in 2010. Of this, the break down in 2019 was 34,824 urban and 5,104 rural. This further breaks down to 18,825 males (47.1%) and 21,104 females (52.9%). The median age of residents is 42.9 years. The population of the greater Bay City, MI area is 108,427. The population density (people per square mile) is 596. This zip code has a combined total of 18,555 houses and condos. There are 3,804 rented appartments. 22% of residents rent versus the 22% 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 $47,613 and the average salary is $39,152. The median household income of individuals is $49,363.00 and the average is $54,690.00. This zip code has a mean commute time to work of 21.4 minutes. The unemployment rate is 5.1%. Income earners by percent breakdown as 50.60% (Under $50,000), 31.60% ($50,000-$100,000), and 17.80% earn over $100,000. 15.5% of residents live below poverty line versus the 13.0% in the state that are below this line. The cost of living index is 80.7. The educational breakdown is 91.1% have a high school education or higher, 21.1% have a bachelor's degree or higher, and 8.0% have some kind of profesional degree.
This area has 17,125 households and the average size is 2.3 people. Individuals who are single and have never been married are 28.9%, 49.3% are now married, 0.8% are separated, 8.4% are widowed, and 12.6% are divorced. The average yearly contribution amount given by people to charity was $3,616 versus the state average of $4,225. The percent of residents who gave to charity was 20.6%.
The estimated median value of houses and condos is $120,195. The median monthly owner costs of mortgage holders was $1,043, where as the costs for those who don't have a mortgage are $472. The median number of rooms in houses and condos are 6.2 versus apartments which had a median number of 4.6.
The real estate tax percent rate is 1.6% which equated to an average real estate tax amount payment of $1,934. 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 1.6% which amounted to an average tax amount of $1,967. 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 $1,907. Reported taxable interest for persons was $1,203, dividends $4,496, capital gains +$5,136, and itemized deductions $18,765. The average earned income tax credit is $2,000. The percent of individuals that use a tax preparer is 60.8%. The total average income taxes paid by individuals was $6,742. Businesses reported an average profit of $13,716.
Lucky's Steak House
2856 Wilder Rd, Bay City, MI 48706
Ponderosa Steakhouse
2861 Wilder Rd, Bay City, MI 48706
Blossoms Asian Bistro
4124 Wilder Rd, Bay City, MI 48706
Meatys BBQ
1411 S Wenona St, Bay City, MI 48706
Latitude 43 Grill & Bar
1013 N Henry St, Bay City, MI 48706
Bier Garten
8 State Park Dr, Bay City, MI 48706
Souper Cafe
4093 N Euclid Ave, Bay City, MI 48706
Castaways
3940 Boy Scout Rd, Bay City, MI 48706
Mussel Beach Drive-In
3540 State Park Dr, Bay City, MI 48706
UNO Pizzeria & Grill
2795 Wilder Rd, Bay City, MI 48706
Cops & Doughnuts Sutherland Precinct
710 E Midland St, Bay City, MI 48706
Laskos
3966 Wilder Rd, Bay City, MI 48706
Wanigan Eatery
1905 S Wenona St, Bay City, MI 48706
Berger's Family Restaurant
6387 Westside Saginaw Rd, Bay City, MI 48706
Grampa Tony's Restaurants
4330 Wilder Rd, Bay City, MI 48706
Tropical Smoothie Cafe
4071 N Euclid Ave, Bay City, MI 48706
Uno Chicago Grill
2795 Wilder Rd, Bay City, MI 48706
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