Interested in purchasing investment houses in the 48731 zip code in Elkton, MI?
The zip code 48731 is in Huron county with a latitude of -83.158700000000 and longitude of 43.840840000000, is in the state of Michigan. The average asking price of houses and condos is $119,889.00 and the average sale price was $81,820.00. this regions is classified as the Flint - Saginaw metro area and is in the 989 area code. The location in degrees is 43° 50' 27.024" N, 83° 9' 31.32" W. The county F.I.P.S. is 26063. The total land area is 48.6 square miles and the water area is 0.1 square miles. The elevation in this area is 623 - 676 feet. The zip code is on eastern standard time and observes daylight savings time.
The zip 48731 is in county number 069 and is L. Sector 98, L. Segment 01, H. Sector 01, and H. Segment 01. The population was 1,550 in 2019 and 1,683 in 2010. This further breaks down to 777 males (50.1%) and 773 females (49.9%). The median age of residents is 45.8 years. The population density (people per square mile) is 32. This zip code has a combined total of 821 houses and condos. There are 153 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 $37,105 and the average salary is $32,694. The median household income of individuals is $38,950.00 and the average is $44,040.00. This zip code has a mean commute time to work of 21.7 minutes. The unemployment rate is 7.0%. Income earners by percent breakdown as 62.60% (Under $50,000), 32.40% ($50,000-$100,000), and 5.00% earn over $100,000. 9.0% of residents live below poverty line versus the 13.0% in the state that are below this line. The cost of living index is 80.1. The educational breakdown is 88.7% have a high school education or higher, 13.4% have a bachelor's degree or higher, and 2.6% have some kind of profesional degree.
This area has 696 households and the average size is 2.3 people. Individuals who are single and have never been married are 25.3%, 55.8% are now married, 0.2% are separated, 6.4% are widowed, and 12.3% are divorced. The average yearly contribution amount given by people to charity was $3,800 versus the state average of $4,225. The percent of residents who gave to charity was 7.1%.
The estimated median value of houses and condos is $94,099. The median monthly owner costs of mortgage holders was $950, where as the costs for those who don't have a mortgage are $402. The median number of rooms in houses and condos are 6.4 versus apartments which had a median number of 4.9.
The real estate tax percent rate is 1.5% which equated to an average real estate tax amount payment of $1,392. 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 $1,384. Conversely, the median housing property tax percent for residents who don't have mortgages was 1.5% which amounted to an average tax amount of $1,407. Reported taxable interest for persons was $1,119, dividends $833, capital gains +$4,000, and itemized deductions $17,438. The average earned income tax credit is $2,406. The percent of individuals that use a tax preparer is 63.1%. The total average income taxes paid by individuals was $3,889. Businesses reported an average profit of $5,467.
Phil's Diner
4975 Railroad St, Elkton, MI 48731
Hitching Post Inn
79 N Main St, Elkton, MI 48731
Lunch Bucket
44 Railroad St., Elkton, MI 48731
Lunch Bucket
48 N Main St, Elkton, MI 48731
Subway
5083 Whalen St, Elkton, MI 48731
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