Interested in purchasing investment houses in the 48842 zip code in Holt, MI?
The zip code 48842 is in both Ingham and Eaton counties with a latitude of -84.538660000000 and longitude of 42.633840000000, is in the state of Michigan. The average asking price of houses and condos is $137,234.00 and the average sale price was $98,525.00. this regions is classified as the Lansing metro area and is in the 517 area code. The location in degrees is 42° 38' 1.824" N, 84° 32' 19.176" W. The county F.I.P.S. is 26065. This zip code contains two cities including Holt, MI (65.54%), and Lansing, MI (0.70%) The total land area is 18.0 square miles and the water area is 0.2 square miles. The elevation in this area is 869 - 899 feet. The zip code is on eastern standard time and observes daylight savings time.
The zip 48842 is in county number 065 and is L. Sector 00, L. Segment 01, H. Sector 16, and H. Segment 16. The population was 22,213 in 2019 and 20,432 in 2010. Of this, the break down in 2019 was 20,486 urban and 1,726 rural. This further breaks down to 10,791 males (48.6%) and 11,422 females (51.4%). The median age of residents is 39.2 years. The population of the greater Lansing-East Lansing, MI area is 457,943. The population density (people per square mile) is 1,235. This zip code has a combined total of 9,543 houses and condos. There are 2,644 rented appartments. 29% of residents rent versus the 29% 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 $52,580 and the average salary is $47,335. The median household income of individuals is $60,021.00 and the average is $65,090.00. This zip code has a mean commute time to work of 21.4 minutes. The unemployment rate is 5.4%. Income earners by percent breakdown as 39.10% (Under $50,000), 37.40% ($50,000-$100,000), and 23.50% earn over $100,000. 10.6% of residents live below poverty line versus the 13.0% in the state that are below this line. The cost of living index is 84.9. The educational breakdown is 96.2% have a high school education or higher, 39.4% have a bachelor's degree or higher, and 13.3% have some kind of profesional degree.
This area has 8,179 households and the average size is 2.4 people. Individuals who are single and have never been married are 30.3%, 47.3% are now married, 1.1% are separated, 6.1% are widowed, and 15.2% are divorced. The average yearly contribution amount given by people to charity was $3,360 versus the state average of $4,225. The percent of residents who gave to charity was 29.4%.
The estimated median value of houses and condos is $174,929. The median monthly owner costs of mortgage holders was $1,451, where as the costs for those who don't have a mortgage are $550. The median number of rooms in houses and condos are 6.6 versus apartments which had a median number of 4.2.
The real estate tax percent rate is 2.1% which equated to an average real estate tax amount payment of $3,740. 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 2.1% which amounted to an average tax amount of $4,014. Conversely, the median housing property tax percent for residents who don't have mortgages was 2.2% which amounted to an average tax amount of $2,848. Reported taxable interest for persons was $742, dividends $2,766, capital gains +$2,667, and itemized deductions $18,860. The average earned income tax credit is $2,151. The percent of individuals that use a tax preparer is 48.7%. The total average income taxes paid by individuals was $7,620. Businesses reported an average profit of $10,716.
Kazumi Japanese Steak House
2457 Cedar St, Holt, MI 48842
Claude's Culinary Creation
1967 Aurelius Rd, Holt, MI 48842
Charlie's Bar & Grill
1957 Cedar St, Holt, MI 48842
Gravity Smokehouse & BBQ
1850 Cedar St, Holt, MI 48842
Famous Dave's
2457 Cedar St, Holt, MI 48842
Delhi Cafe
4625 Willoughby Rd, Holt, MI 48842
Buddies Grill
2040 Aurelius Rd, Holt, MI 48842
Village Inn Motel Holt
2211 Cedar St, Holt, MI 48842
Tacos E Mas
1850 Cedar St, Holt, MI 48842
El Vella Mexican Restaurant
1979 Aurelius Rd, Holt, MI 48842
Zaytoon
1979 Aurelius Rd, Holt, MI 48842
Ingcredible
2454 Cedar St, Holt, MI 48842
Jade Garden
1979 Aurelius Rd, Holt, MI 48842
Gravity Smokehouse & BBQ
2440 Cedar St, Holt, MI 48842
Sushi Ya
4452 Cricket Ridge Dr Apt 201, Holt, MI 48842
Champions Sports Bar & Grill
2440 Cedar St, Holt, MI 48842
Coffee Barrel
2237 Aurelius Rd # 1, Holt, MI 48842
Peet's Coffee & Tea
2495 Cedar St, Holt, MI 48842
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