Interested in purchasing investment houses in the 48738 zip code in Greenbush, MI?
The zip code 48738 is in both Alcona and Iosco counties with a latitude of -83.332870000000 and longitude of 44.551900000000, is in the state of Michigan. The average asking price of houses and condos is $199,974.00 and the average sale price was $74,899.00. this regions is classified as the Alpena metro area and is in the 989 area code. The location in degrees is 44° 33' 6.84" N, 83° 19' 58.332" W. The county F.I.P.S. is 26001. The total land area is 10.9 square miles and the water area is 2.8 square miles. The elevation in this area is 594 - 637 feet. The zip code is on eastern standard time and observes daylight savings time.
The zip 48738 is in county number 069 and is L. Sector 92, L. Segment 01, H. Sector 01, and H. Segment 01. The population was 1,096 in 2019 and 1,269 in 2010. Of this, the break down in 2019 was 237 urban and 858 rural. This further breaks down to 595 males (54.3%) and 501 females (45.7%). The median age of residents is 60.6 years. The population density (people per square mile) is 101. This zip code has a combined total of 1,584 houses and condos. There are 60 rented appartments. 11% of residents rent versus the 11% 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 $36,916 and the average salary is $24,965. The median household income of individuals is $39,169.00 and the average is $50,850.00. This zip code has a mean commute time to work of 22.1 minutes. The unemployment rate is 10.3%. Income earners by percent breakdown as 66.10% (Under $50,000), 26.60% ($50,000-$100,000), and 7.30% earn over $100,000. 16.2% of residents live below poverty line versus the 13.0% in the state that are below this line. The cost of living index is 80.8. The educational breakdown is 93.8% have a high school education or higher, 20.1% have a bachelor's degree or higher, and 4.3% have some kind of profesional degree.
This area has 638 households and the average size is 1.9 people. Individuals who are single and have never been married are 18.4%, 56.2% are now married, 0.3% are separated, 11.3% are widowed, and 13.8% are divorced. The average yearly contribution amount given by people to charity was $1,964 versus the state average of $4,225. The percent of residents who gave to charity was 20.0%.
The estimated median value of houses and condos is $129,594. The median monthly owner costs of mortgage holders was $874, where as the costs for those who don't have a mortgage are $308. The median number of rooms in houses and condos are 5.6 versus apartments which had a median number of 3.7.
The real estate tax percent rate is 0.9% which equated to an average real estate tax amount payment of $1,191. 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 1.0% which amounted to an average tax amount of $1,209. Conversely, the median housing property tax percent for residents who don't have mortgages was 0.8% which amounted to an average tax amount of $1,147. Reported taxable interest for persons was $1,007, dividends $2,861, and itemized deductions $17,250. The average earned income tax credit is $2,288. The percent of individuals that use a tax preparer is 63.6%. The total average income taxes paid by individuals was $5,408. Businesses reported an average profit of $3,914.
Cedar Lake Grocery
3448 S Us Highway 23, Greenbush, MI 48738
The Red Fork
3228 S Us Highway 23, Greenbush, MI 48738
Red Rooster
3228 S Us Highway 23, Greenbush, MI 48738
Sharry's Cafe
4949 Main St, Greenbush, MI 48738
When my husband passed away suddenly, I was left with a home I had to sell fast. The experts from We Buy Homes dealt with me professionally, fairly, and honestly. I didn’t have to list my house and I didn’t have to deal with strangers walking through my home. And I didn’t have to pay a realtor! They handled everything and that provided the peace of mind I needed during such a difficult time. I highly recommend them!
