Interested in purchasing investment houses in the 48761 zip code in South Branch, MI?
The zip code 48761 is in both Alcona and Ogemaw counties with a latitude of -83.892360000000 and longitude of 44.511940000000, is in the state of Michigan. The average asking price of houses and condos is $93,760.00 and the average sale price was $106,448.00. this regions is classified as the Flint - Saginaw metro area and is in the 989 area code. The location in degrees is 44° 30' 42.984" N, 83° 53' 32.496" W. The county F.I.P.S. is 26069. The total land area is 87.4 square miles and the water area is 1.2 square miles. The elevation in this area is 827 - 1286 feet. The zip code is on eastern standard time and observes daylight savings time.
The zip 48761 is in county number 069 and is L. Sector 95, L. Segment 02, H. Sector 02, and H. Segment 02. The population was 850 in 2019 and 1,026 in 2010. This further breaks down to 423 males (49.8%) and 426 females (50.2%). The median age of residents is 61.4 years. The population density (people per square mile) is 10. This zip code has a combined total of 1,542 houses and condos. There are 47 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 $33,333 and the average salary is $18,813. The median household income of individuals is $34,126.00 and the average is $38,810.00. This zip code has a mean commute time to work of 31.0 minutes. The unemployment rate is 6.3%. Income earners by percent breakdown as 68.90% (Under $50,000), 24.50% ($50,000-$100,000), and 6.60% earn over $100,000. 14.1% of residents live below poverty line versus the 13.0% in the state that are below this line. The cost of living index is 79.3. The educational breakdown is 82.6% have a high school education or higher, 12.3% have a bachelor's degree or higher, and 3.5% have some kind of profesional degree.
This area has 511 households and the average size is 2.0 people. Individuals who are single and have never been married are 16.0%, 59.0% are now married, 0.0% are separated, 11.0% are widowed, and 13.9% are divorced. The average yearly contribution amount given by people to charity was $1,575 versus the state average of $4,225. The percent of residents who gave to charity was 12.1%.
The estimated median value of houses and condos is $82,931. The median monthly owner costs of mortgage holders was $828, where as the costs for those who don't have a mortgage are $295. The median number of rooms in houses and condos are 5.0 versus apartments which had a median number of 3.4.
The real estate tax percent rate is 1.1% which equated to an average real estate tax amount payment of $894. 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 1.1% which amounted to an average tax amount of $970. Conversely, the median housing property tax percent for residents who don't have mortgages was 1.1% which amounted to an average tax amount of $806. Reported taxable interest for persons was $391, dividends $925, and itemized deductions $17,700. The average earned income tax credit is $1,850. The percent of individuals that use a tax preparer is 60.6%. The total average income taxes paid by individuals was $3,760. Businesses reported an average profit of $2,575.
Sung Yong Kitchen
6507 Iosco St, South Branch, MI 48761
Hale Area Fish
102 E Main St, Hale, MI 48739 (8.4 miles away)
Swine Meister BBQ
2575 Rose City Rd, Lupton, MI 48635 (9.4 miles away)
Eagle Ridge Golf Club of Glennie, Inc.
3501 State Rd, Glennie, MI 48737 (9.6 miles away)
Rose Valley Lanes Bar & Grill
605 N Williams St, Rose City, MI 48654 (14 miles away)
Rainbow Gardens Inc
1539 S National City Rd, National City, MI 48748 (15.9 miles away)
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