Interested in purchasing investment houses in the 48762 zip code in Spruce, MI?
The zip code 48762 is in both Alcona and Alpena counties with a latitude of -83.488790000000 and longitude of 44.817430000000, is in the state of Michigan. The average asking price of houses and condos is $195,842.00 and the average sale price was $65,562.00. this regions is classified as the Alpena metro area and is in the 989 area code. The location in degrees is 44° 49' 2.748" N, 83° 29' 19.644" W. The county F.I.P.S. is 26001. The total land area is 45.0 square miles and the water area is 0.1 square miles. The elevation in this area is 653 - 919 feet. The zip code is on eastern standard time and observes daylight savings time.
The zip 48762 is in county number 007 and is L. Sector 96, L. Segment 01, H. Sector 01, and H. Segment 01. The population was 1,108 in 2019 and 1,139 in 2010. This further breaks down to 528 males (47.7%) and 580 females (52.3%). The median age of residents is 59.7 years. The population density (people per square mile) is 25. This zip code has a combined total of 1,003 houses and condos. There are 16 rented appartments. 3% of residents rent versus the 3% 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 $41,881 and the average salary is $31,942. The median household income of individuals is $41,494.00 and the average is $50,740.00. This zip code has a mean commute time to work of 29.5 minutes. The unemployment rate is 8.1%. Income earners by percent breakdown as 63.40% (Under $50,000), 27.10% ($50,000-$100,000), and 9.50% earn over $100,000. 18.7% of residents live below poverty line versus the 13.0% in the state that are below this line. The cost of living index is 83.9. The educational breakdown is 92.0% have a high school education or higher, 16.9% have a bachelor's degree or higher, and 5.8% have some kind of profesional degree.
This area has 523 households and the average size is 2.2 people. Individuals who are single and have never been married are 20.2%, 59.5% are now married, 1.5% are separated, 9.5% are widowed, and 9.2% are divorced. The average yearly contribution amount given by people to charity was $2,155 versus the state average of $4,225. The percent of residents who gave to charity was 20.4%.
The estimated median value of houses and condos is $154,473. The median monthly owner costs of mortgage holders was $999, where as the costs for those who don't have a mortgage are $387. The median number of rooms in houses and condos are 5.7 versus apartments which had a median number of 5.8.
The real estate tax percent rate is 0.9% which equated to an average real estate tax amount payment of $1,329. 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 0.9% which amounted to an average tax amount of $1,318. 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 $1,342. Reported taxable interest for persons was $975, dividends $2,931, capital gains +$1,260, and itemized deductions $19,750. The average earned income tax credit is $1,700. The percent of individuals that use a tax preparer is 66.7%. The total average income taxes paid by individuals was $5,908. Businesses reported an average profit of $6,344.
Smokeys Bar
5982 N Hubbard Lake Rd, Spruce, MI 48762
The Couzins
214 W Mount Maria Rd, Spruce, MI 48762
Rosa's Lookout Inn
6808 N Us Highway 23, Spruce, MI 48762
Baba-Ruskis South Shore
214 W Mount Maria Rd, Spruce, MI 48762
Kathy's Family Kitchen
214 W Mount Maria Rd, Spruce, MI 48762
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