Interested in purchasing investment houses in the 48847 zip code in Ithaca, MI?
The zip code 48847 is in Gratiot county with a latitude of -84.574740000000 and longitude of 43.271110000000, is in the state of Michigan. The average asking price of houses and condos is $75,647.00 and the average sale price was $82,963.00. this regions is classified as the Flint - Saginaw metro area and is in the 989 area code. The location in degrees is 43° 16' 15.996" N, 84° 34' 29.064" W. The county F.I.P.S. is 26057. The total land area is 122.5 square miles and the water area is 0.2 square miles. The elevation in this area is 663 - 781 feet. The zip code is on eastern standard time and observes daylight savings time.
The zip 48847 is in county number 057 and is L. Sector , L. Segment , H. Sector , and H. Segment . The population was 5,874 in 2019 and 6,041 in 2010. Of this, the break down in 2019 was 2,514 urban and 3,359 rural. This further breaks down to 2,833 males (48.2%) and 3,040 females (51.8%). The median age of residents is 39.4 years. The population of the greater Alma, MI area is 42,481. The population density (people per square mile) is 48. This zip code has a combined total of 2,532 houses and condos. There are 532 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 $47,634 and the average salary is $38,156. The median household income of individuals is $45,514.00 and the average is $50,150.00. This zip code has a mean commute time to work of 27.1 minutes. The unemployment rate is 1.8%. Income earners by percent breakdown as 55.00% (Under $50,000), 34.10% ($50,000-$100,000), and 11.00% earn over $100,000. 15.5% of residents live below poverty line versus the 13.0% in the state that are below this line. The cost of living index is 80.9. The educational breakdown is 91.3% have a high school education or higher, 16.5% have a bachelor's degree or higher, and 5.7% have some kind of profesional degree.
This area has 2,396 households and the average size is 2.5 people. Individuals who are single and have never been married are 26.1%, 55.8% are now married, 0.3% are separated, 5.9% are widowed, and 12.0% are divorced. The average yearly contribution amount given by people to charity was $6,255 versus the state average of $4,225. The percent of residents who gave to charity was 14.5%.
The estimated median value of houses and condos is $115,108. The median monthly owner costs of mortgage holders was $1,082, where as the costs for those who don't have a mortgage are $435. The median number of rooms in houses and condos are 7.1 versus apartments which had a median number of 5.3.
The real estate tax percent rate is 1.2% which equated to an average real estate tax amount payment of $1,431. 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 1.2% which amounted to an average tax amount of $1,443. Conversely, the median housing property tax percent for residents who don't have mortgages was 1.3% which amounted to an average tax amount of $1,417. Reported taxable interest for persons was $1,528, dividends $2,718, capital gains +$19,584, and itemized deductions $17,833. The average earned income tax credit is $2,227. The percent of individuals that use a tax preparer is 64.5%. The total average income taxes paid by individuals was $5,137. Businesses reported an average profit of $5,534.
J J Rubys
2862 N State Rd, Ithaca, MI 48847
Country Chef Cafe
157 E Center St, Ithaca, MI 48847
Hearthstone Oven
126 S Pine River St, Ithaca, MI 48847
Grub A Dubs Restaurant
142 E Center St, Ithaca, MI 48847
Four7 Food and Spirits
121 S Pine River St, Ithaca, MI 48847
Los Hermanos Mexican Restaurant
161 E Center St, Ithaca, MI 48847
The Hardwoods
1091 E Center St, Ithaca, MI 48847
Rozena's Recipiez
1210 E Center St, Ithaca, MI 48847
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