Interested in purchasing investment houses in the 48768 zip code in Vassar, MI?
The zip code 48768 is in Tuscola county with a latitude of -83.577890000000 and longitude of 43.371360000000, is in the state of Michigan. The average asking price of houses and condos is $85,237.00 and the average sale price was $113,421.00. this regions is classified as the Flint - Saginaw metro area and is in the 989 area code. The location in degrees is 43° 22' 16.896" N, 83° 34' 40.404" W. The county F.I.P.S. is 26157. The total land area is 104.8 square miles and the water area is 0.8 square miles. The elevation in this area is 620 - 768 feet. The zip code is on eastern standard time and observes daylight savings time.
The zip 48768 is in county number 145 and is L. Sector 93, L. Segment 01, H. Sector 01, and H. Segment 01. The population was 9,802 in 2019 and 9,832 in 2010. Of this, the break down in 2019 was 3,197 urban and 6,604 rural. This further breaks down to 4,934 males (50.3%) and 4,867 females (49.7%). The median age of residents is 40.9 years. The population density (people per square mile) is 94. This zip code has a combined total of 4,389 houses and condos. There are 819 rented appartments. 20% of residents rent versus the 20% of residents in the state who rent.
The financial status of those living in this area is considered middle class. The average individual gross adjusted income is $41,181 and the average salary is $33,959. The median household income of individuals is $50,752.00 and the average is $48,280.00. This zip code has a mean commute time to work of 28.2 minutes. The unemployment rate is 6.6%. Income earners by percent breakdown as 49.00% (Under $50,000), 38.60% ($50,000-$100,000), and 12.40% earn over $100,000. 15.3% of residents live below poverty line versus the 13.0% in the state that are below this line. The cost of living index is 81.0. The educational breakdown is 89.2% have a high school education or higher, 12.0% have a bachelor's degree or higher, and 3.3% have some kind of profesional degree.
This area has 3,759 households and the average size is 2.4 people. Individuals who are single and have never been married are 25.5%, 54.6% are now married, 0.8% are separated, 8.3% are widowed, and 10.8% are divorced. The average yearly contribution amount given by people to charity was $4,171 versus the state average of $4,225. The percent of residents who gave to charity was 16.8%.
The estimated median value of houses and condos is $118,978. The median monthly owner costs of mortgage holders was $1,055, where as the costs for those who don't have a mortgage are $433. The median number of rooms in houses and condos are 6.5 versus apartments which had a median number of 4.4.
The real estate tax percent rate is 1.3% which equated to an average real estate tax amount payment of $1,582. 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 1.3% which amounted to an average tax amount of $1,594. Conversely, the median housing property tax percent for residents who don't have mortgages was 1.4% which amounted to an average tax amount of $1,578. Reported taxable interest for persons was $1,038, dividends $2,322, capital gains +$1,875, and itemized deductions $17,757. The average earned income tax credit is $2,208. The percent of individuals that use a tax preparer is 68.5%. The total average income taxes paid by individuals was $5,599. Businesses reported an average profit of $4,919.
Riverside Grill
194 E Huron Ave, Vassar, MI 48768
Vassar Bar
122 E Huron Ave, Vassar, MI 48768
Dragon Palace
610 State Rd, Vassar, MI 48768
Karr's Kafe
1221 W Saginaw Rd, Vassar, MI 48768
Sam & Ruby's The Corner Deli
100 N Main St, Vassar, MI 48768
Pogos Place
8892 Van Cleve Rd, Vassar, MI 48768
Chef DS Sandwich Emporium
100 N Main St, Vassar, MI 48768
Sambuca Cafe
139 E Huron Ave, Vassar, MI 48768