Interested in purchasing investment houses in the 48831 zip code in Elsie, MI?
The zip code 48831 is in both Clinton and Shiawassee counties with a latitude of -84.371690000000 and longitude of 43.102890000000, is in the state of Michigan. The average asking price of houses and condos is $102,652.00 and the average sale price was $51,235.00. this regions is classified as the Lansing metro area and is in the 989 area code. The location in degrees is 43° 6' 10.404" N, 84° 22' 18.084" W. The county F.I.P.S. is 26037. The total land area is 72.8 square miles and the water area is 0.2 square miles. The elevation in this area is 643 - 751 feet. The zip code is on eastern standard time and observes daylight savings time.
The zip 48831 is in county number 155 and is L. Sector 94, L. Segment 01, H. Sector 01, and H. Segment 01. The population was 3,510 in 2019 and 3,512 in 2010. This further breaks down to 1,782 males (50.8%) and 1,728 females (49.2%). The median age of residents is 42.4 years. The population of the greater Lansing-East Lansing, MI area is 457,943. The population density (people per square mile) is 48. This zip code has a combined total of 1,493 houses and condos. There are 318 rented appartments. 23% of residents rent versus the 23% 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 $40,241 and the average salary is $36,498. The median household income of individuals is $48,134.00 and the average is $46,890.00. This zip code has a mean commute time to work of 32.5 minutes. The unemployment rate is 3.7%. Income earners by percent breakdown as 52.90% (Under $50,000), 38.30% ($50,000-$100,000), and 8.80% earn over $100,000. 13.3% of residents live below poverty line versus the 13.0% in the state that are below this line. The cost of living index is 81.5. The educational breakdown is 91.2% have a high school education or higher, 14.7% have a bachelor's degree or higher, and 2.8% have some kind of profesional degree.
This area has 1,324 households and the average size is 2.6 people. Individuals who are single and have never been married are 25.2%, 57.0% are now married, 1.3% are separated, 6.3% are widowed, and 10.2% are divorced. The average yearly contribution amount given by people to charity was $2,875 versus the state average of $4,225. The percent of residents who gave to charity was 15.5%.
The estimated median value of houses and condos is $125,171. The median monthly owner costs of mortgage holders was $1,132, where as the costs for those who don't have a mortgage are $459. The median number of rooms in houses and condos are 6.7 versus apartments which had a median number of 6.3.
The real estate tax percent rate is 1.2% which equated to an average real estate tax amount payment of $1,555. 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 $1,682. Conversely, the median housing property tax percent for residents who don't have mortgages was 1.2% which amounted to an average tax amount of $1,470. Reported taxable interest for persons was $974, dividends $2,176, capital gains +$7,194, and itemized deductions $16,406. The average earned income tax credit is $2,089. The percent of individuals that use a tax preparer is 69.0%. The total average income taxes paid by individuals was $5,019. Businesses reported an average profit of $3,490.
Cooter's Bar & Grill
123 E Main St, Elsie, MI 48831
HomeTown Buffet
118 W Main St, Elsie, MI 48831
Foo-G's Pizza
113 E Main St, Elsie, MI 48831
Linda's Happy Hour
201 W Main St, Bannister, MI 48807 (7 miles away)
Country Kitchen
8875 E M 21, Ovid, MI 48866 (7.1 miles away)
Schall's Burger Barn
111 S Sterling St, Ashley, MI 48806 (7.7 miles away)
Lil G's Italian Restaurant
2459 Ontario Dr, Saint Johns, MI 48879 (8.2 miles away)
Fortune House Restaurant
212 W Main, Henderson, MI 48841 (10.8 miles away)
Village Pizzeria
112 W Main St, Maple Rapids, MI 48853 (12.4 miles away)
Crossroads Cafe
104 N Main St, Oakley, MI 48649 (12.8 miles away)