Interested in purchasing investment houses in the 48756 zip code in Prescott, MI?
The zip code 48756 is in Ogemaw county with a latitude of -83.974080000000 and longitude of 44.229390000000, is in the state of Michigan. The average asking price of houses and condos is $64,881.00 and the average sale price was $95,202.00. this regions is classified as the Flint - Saginaw metro area and is in the 989 area code. The location in degrees is 44° 13' 45.804" N, 83° 58' 26.688" W. The county F.I.P.S. is 26129. This zip code contains two cities including Skidway Lake, MI (11.20%), and Prescott, MI (1.39%) The total land area is 78.2 square miles and the water area is 1.8 square miles. The elevation in this area is 778 - 850 feet. The zip code is on eastern standard time and observes daylight savings time.
The zip 48756 is in county number 129 and is L. Sector 00, L. Segment 01, H. Sector 50, and H. Segment 50. The population was 4,680 in 2019 and 4,640 in 2010. This further breaks down to 2,389 males (51.0%) and 2,291 females (49.0%). The median age of residents is 46.9 years. The population density (people per square mile) is 60. This zip code has a combined total of 3,523 houses and condos. There are 433 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 $28,143 and the average salary is $21,812. The median household income of individuals is $28,367.00 and the average is $34,150.00. This zip code has a mean commute time to work of 28.8 minutes. The unemployment rate is 8.4%. Income earners by percent breakdown as 75.10% (Under $50,000), 20.30% ($50,000-$100,000), and 4.60% earn over $100,000. 20.6% 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 79.9% have a high school education or higher, 6.8% have a bachelor's degree or higher, and 2.4% have some kind of profesional degree.
This area has 1,965 households and the average size is 2.4 people. Individuals who are single and have never been married are 24.9%, 46.6% are now married, 1.7% are separated, 10.3% are widowed, and 16.5% are divorced. The average yearly contribution amount given by people to charity was $2,662 versus the state average of $4,225. The percent of residents who gave to charity was 8.3%.
The estimated median value of houses and condos is $75,301. The median monthly owner costs of mortgage holders was $837, where as the costs for those who don't have a mortgage are $320. The median number of rooms in houses and condos are 5.7 versus apartments which had a median number of 4.4.
The real estate tax percent rate is 1.0% which equated to an average real estate tax amount payment of $789. 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 $817. Conversely, the median housing property tax percent for residents who don't have mortgages was 1.2% which amounted to an average tax amount of $753. Reported taxable interest for persons was $621, dividends $1,721, capital gains +$3,955, and itemized deductions $16,638. The average earned income tax credit is $2,210. The percent of individuals that use a tax preparer is 61.8%. The total average income taxes paid by individuals was $3,930. Businesses reported an average profit of $4,720.
Cafe' International
4761 Sage Lake Rd, Prescott, MI 48756
Lumberjacks Landing Inc
3980 Henderson Lake Rd, Prescott, MI 48756
McGregor's Country Store
3980 Henderson Lake Rd, Prescott, MI 48756
Stone Rose
710 Prescott St, Prescott, MI 48756
Flippin Frog
5197 Park St, Prescott, MI 48756
Dee's Pizza Pad
2100 Greenwood Rd, Prescott, MI 48756
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!
