Interested in purchasing investment houses in the 48723 zip code in Caro, MI?
The zip code 48723 is in Tuscola county with a latitude of -83.387010000000 and longitude of 43.485590000000, is in the state of Michigan. The average asking price of houses and condos is $103,030.00 and the average sale price was $108,540.00. this regions is classified as the Flint - Saginaw metro area and is in the 989 area code. The location in degrees is 43° 29' 8.124" N, 83° 23' 13.236" W. The county F.I.P.S. is 26157. The total land area is 129.4 square miles and the water area is 3.4 square miles. The elevation in this area is 653 - 778 feet. The zip code is on eastern standard time and observes daylight savings time.
The zip 48723 is in county number 157 and is L. Sector , L. Segment , H. Sector , and H. Segment . The population was 12,181 in 2019 and 12,479 in 2010. Of this, the break down in 2019 was 4,947 urban and 7,233 rural. This further breaks down to 5,964 males (49.0%) and 6,216 females (51.0%). The median age of residents is 45.9 years. The population density (people per square mile) is 94. This zip code has a combined total of 5,526 houses and condos. There are 1,119 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 $42,718 and the average salary is $34,039. The median household income of individuals is $44,011.00 and the average is $48,270.00. This zip code has a mean commute time to work of 28.9 minutes. The unemployment rate is 3.8%. Income earners by percent breakdown as 56.60% (Under $50,000), 31.80% ($50,000-$100,000), and 11.60% earn over $100,000. 14.7% of residents live below poverty line versus the 13.0% in the state that are below this line. The cost of living index is 80.7. The educational breakdown is 88.6% have a high school education or higher, 15.5% have a bachelor's degree or higher, and 5.9% have some kind of profesional degree.
This area has 4,873 households and the average size is 2.3 people. Individuals who are single and have never been married are 27.8%, 47.2% are now married, 0.9% are separated, 8.8% are widowed, and 15.3% are divorced. The average yearly contribution amount given by people to charity was $3,911 versus the state average of $4,225. The percent of residents who gave to charity was 14.0%.
The estimated median value of houses and condos is $103,719. The median monthly owner costs of mortgage holders was $1,091, where as the costs for those who don't have a mortgage are $419. The median number of rooms in houses and condos are 6.0 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 $1,689. 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 $1,764. 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 $1,608. Reported taxable interest for persons was $1,475, dividends $2,601, capital gains +$4,660, and itemized deductions $18,366. The average earned income tax credit is $2,023. The percent of individuals that use a tax preparer is 66.4%. The total average income taxes paid by individuals was $6,277. Businesses reported an average profit of $7,230.
Samuel Mancinos Italian Eatery
1144 Cleaver Rd, Caro, MI 48723
Star Brite Restaurant & Coney
831 S State St, Caro, MI 48723
Wing Street
815 S State St, Caro, MI 48723
The Rails End
1781 Rails End Blvd, Caro, MI 48723
Caro State Street Diner
373 N State St, Caro, MI 48723
Big Boy
1901 W Caro Rd, Caro, MI 48723
Brentwood
178 Park Dr, Caro, MI 48723
China Buffet
1536 W Caro Rd, Caro, MI 48723
The Oven
875 S State St, Caro, MI 48723
Capri Pizzeria Restaurant Inc
1110 Weeden Rd, Caro, MI 48723
Caro Pub
133 S State St, Caro, MI 48723
Oasis Tavern
261 N State St, Caro, MI 48723
Club24 Sports Bar and Grill
1354 Mertz Rd, Caro, MI 48723
Intermission Deli
157 N State St, Caro, MI 48723
Murdogs
1252 E Caro Rd, Caro, MI 48723
Fast Food Forms
1526 E Deckerville Rd, Caro, MI 48723
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