Interested in purchasing investment houses in the 48823 zip code in East Lansing, MI?
The zip code 48823 is in both Ingham and Clinton counties with a latitude of -84.453910000000 and longitude of 42.761900000000, is in the state of Michigan. The average asking price of houses and condos is $221,727.00 and the average sale price was $157,064.00. this regions is classified as the Lansing metro area and is in the 517 area code. The location in degrees is 42° 45' 42.84" N, 84° 27' 14.076" W. The county F.I.P.S. is 26065. This zip code contains four cities including East Lansing, MI (45.11%), Haslett, MI (21.18%), Okemos, MI (3.26%), and Lansing, MI (0.50%) The total land area is 22.4 square miles and the water area is 0.2 square miles. The elevation in this area is 840 - 873 feet. The zip code is on eastern standard time and observes daylight savings time.
The zip 48823 is in county number 037 and is L. Sector 15, L. Segment 26, H. Sector 26, and H. Segment 26. The population was 52,030 in 2019 and 51,302 in 2010. Of this, the break down in 2019 was 51,341 urban and 688 rural. This further breaks down to 25,758 males (49.5%) and 26,272 females (50.5%). The median age of residents is 23.8 years. The population of the greater Lansing-East Lansing, MI area is 457,943. The population density (people per square mile) is 2,320. This zip code has a combined total of 22,700 houses and condos. There are 11,562 rented appartments. 57% of residents rent versus the 57% 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 $76,157 and the average salary is $57,762. The median household income of individuals is $41,771.00 and the average is $87,430.00. This zip code has a mean commute time to work of 18.4 minutes. The unemployment rate is 5.8%. Income earners by percent breakdown as 56.50% (Under $50,000), 23.20% ($50,000-$100,000), and 20.20% earn over $100,000. 31.8% of residents live below poverty line versus the 13.0% in the state that are below this line. The cost of living index is 87.1. The educational breakdown is 98.2% have a high school education or higher, 70.0% have a bachelor's degree or higher, and 38.4% have some kind of profesional degree.
This area has 21,492 households and the average size is 2.4 people. Individuals who are single and have never been married are 61.2%, 28.8% are now married, 0.4% are separated, 3.4% are widowed, and 6.1% are divorced. The average yearly contribution amount given by people to charity was $5,214 versus the state average of $4,225. The percent of residents who gave to charity was 33.4%.
The estimated median value of houses and condos is $218,274. The median monthly owner costs of mortgage holders was $1,624, where as the costs for those who don't have a mortgage are $757. The median number of rooms in houses and condos are 7.2 versus apartments which had a median number of 3.8.
The real estate tax percent rate is 2.3% which equated to an average real estate tax amount payment of $4,959. 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 2.3% which amounted to an average tax amount of $4,969. Conversely, the median housing property tax percent for residents who don't have mortgages was 2.3% which amounted to an average tax amount of $4,947. Reported taxable interest for persons was $1,866, dividends $8,506, capital gains +$18,744, and itemized deductions $25,144. The average earned income tax credit is $1,746. The percent of individuals that use a tax preparer is 47.8%. The total average income taxes paid by individuals was $11,538. Businesses reported an average profit of $20,148.
Taste of Thai
2838 E Grand River Ave, East Lansing, MI 48823
Bulgogi
340 Albert Ave, East Lansing, MI 48823
Ai Fusion Sushi & Grill
2827 E Grand River Ave, East Lansing, MI 48823
Sansu Sushi and Cocktails
4750 S Hagadorn Rd Ste 100, East Lansing, MI 48823
Omi Sushi
210 Mac Ave, East Lansing, MI 48823
Harper's Restaurant & Brew Pub
131 Albert Ave, East Lansing, MI 48823
El Azteco
225 Ann St, East Lansing, MI 48823
Menna's Joint
115 Albert Ave, East Lansing, MI 48823
Bagger Davexe2x80x99s Burger Tavern
1351 E Grand River Ave, East Lansing, MI 48823
City Limits
2120 E Saginaw St, East Lansing, MI 48823
Harrison Roadhouse
720 Michigan Ave, East Lansing, MI 48823
HopCat
300 Grove St, East Lansing, MI 48823
Quality Dairy Co
1109 E Grand River Ave, East Lansing, MI 48823
Lou & Harry's Grill & Bakery
1429 W Saginaw St, East Lansing, MI 48823
Groovy Donuts
3054 E Lake Lansing Rd, East Lansing, MI 48823
Black Cat Bistro
115 Albert Ave, East Lansing, MI 48823
Dublin Square
327 Abbot Rd, East Lansing, MI 48823
Noodles & Company
101 E Grand River Ave, East Lansing, MI 48823
Charlie Kang's
127 E Grand River Ave, East Lansing, MI 48823
Chichi and Papa Himalayan Cuisine
1105 E Grand River Ave, East Lansing, MI 48823
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