Interested in purchasing investment houses in the 48801 zip code in Alma, MI?
The zip code 48801 is in Gratiot county with a latitude of -84.679740000000 and longitude of 43.377690000000, is in the state of Michigan. The average asking price of houses and condos is $110,584.00 and the average sale price was $76,440.00. this regions is classified as the Flint - Saginaw metro area and is in the 989 area code. The location in degrees is 43° 22' 39.684" N, 84° 40' 47.064" W. The county F.I.P.S. is 26057. This zip code contains two cities including Alma, MI (8.45%), and St. Louis, MI (0.07%) The total land area is 71.4 square miles and the water area is 0.6 square miles. The elevation in this area is 745 - 784 feet. The zip code is on eastern standard time and observes daylight savings time.
The zip 48801 is in county number 057 and is L. Sector 00, L. Segment 01, H. Sector 12, and H. Segment 12. The population was 12,829 in 2019 and 12,923 in 2010. Of this, the break down in 2019 was 9,804 urban and 3,024 rural. This further breaks down to 6,154 males (48.0%) and 6,674 females (52.0%). The median age of residents is 35.8 years. The population of the greater Alma, MI area is 42,481. The population density (people per square mile) is 180. This zip code has a combined total of 5,598 houses and condos. There are 1,753 rented appartments. 34% of residents rent versus the 34% 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 $50,604 and the average salary is $41,596. The median household income of individuals is $43,717.00 and the average is $58,910.00. This zip code has a mean commute time to work of 19.4 minutes. The unemployment rate is 7.1%. Income earners by percent breakdown as 57.10% (Under $50,000), 30.50% ($50,000-$100,000), and 12.40% earn over $100,000. 19.0% of residents live below poverty line versus the 13.0% in the state that are below this line. The cost of living index is 76.8. The educational breakdown is 93.7% have a high school education or higher, 22.3% have a bachelor's degree or higher, and 9.6% have some kind of profesional degree.
This area has 4,845 households and the average size is 2.2 people. Individuals who are single and have never been married are 38.2%, 40.4% are now married, 0.9% are separated, 7.0% are widowed, and 13.6% are divorced. The average yearly contribution amount given by people to charity was $5,178 versus the state average of $4,225. The percent of residents who gave to charity was 15.4%.
The estimated median value of houses and condos is $98,854. The median monthly owner costs of mortgage holders was $984, where as the costs for those who don't have a mortgage are $435. The median number of rooms in houses and condos are 6.5 versus apartments which had a median number of 4.5.
The real estate tax percent rate is 1.9% which equated to an average real estate tax amount payment of $1,847. 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 2.0% which amounted to an average tax amount of $1,969. Conversely, the median housing property tax percent for residents who don't have mortgages was 1.6% which amounted to an average tax amount of $1,550. Reported taxable interest for persons was $1,877, dividends $6,055, capital gains +$4,946, and itemized deductions $21,223. The average earned income tax credit is $2,313. The percent of individuals that use a tax preparer is 58.7%. The total average income taxes paid by individuals was $8,537. Businesses reported an average profit of $9,366.
Cross Roads Bar & Grill
5957 N State Rd, Alma, MI 48801
Big Boy
7990 N Alger Rd, Alma, MI 48801
Shifters Restaurant
3130 W Monroe Rd, Alma, MI 48801
Oscar's Restaurant
3000 W Monroe Rd, Alma, MI 48801
Terry's Tex Mex Takeout
204 E Superior St, Alma, MI 48801
Cancun Mexican Grill Inc
1590 Wright Ave, Alma, MI 48801
CMG Inc
1590 Wright Ave, Alma, MI 48801
El Vaquero
330 E Center St, Alma, MI 48801
Nay's Bamboo Kitchen
7421 N Alger Rd, Alma, MI 48801
China Buffet
413 Wright Ave, Alma, MI 48801
Pipers Grill And Brew
7990 N Alger Rd, Alma, MI 48801
Jimmy John'
1480 Wright Ave Ste A, Alma, MI 48801
Petticoat Junction
2400 W Monroe Rd, Alma, MI 48801
Alma Main Cafe
117 E Superior St, Alma, MI 48801
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