Interested in purchasing investment houses in the 48848 zip code in Laingsburg, MI?
The zip code 48848 is in both Shiawassee and Clinton counties with a latitude of -84.355630000000 and longitude of 42.887210000000, is in the state of Michigan. The average asking price of houses and condos is $144,276.00 and the average sale price was $110,292.00. this regions is classified as the Flint - Saginaw metro area and is in the 517 area code. The location in degrees is 42° 53' 13.956" N, 84° 21' 20.268" W. The county F.I.P.S. is 26155. This zip code contains two cities including Laingsburg, MI (2.39%), and Lake Victoria, MI (1.48%) The total land area is 65.9 square miles and the water area is 4.9 square miles. The elevation in this area is 768 - 863 feet. The zip code is on eastern standard time and observes daylight savings time.
The zip 48848 is in county number 037 and is L. Sector 87, L. Segment 29, H. Sector 29, and H. Segment 29. The population was 7,525 in 2019 and 7,789 in 2010. This further breaks down to 3,693 males (49.1%) and 3,831 females (50.9%). The median age of residents is 44.4 years. The population of the greater Owosso, MI area is 70,760. The population density (people per square mile) is 114. This zip code has a combined total of 3,082 houses and condos. There are 302 rented appartments. 10% of residents rent versus the 10% 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 $58,365 and the average salary is $50,138. The median household income of individuals is $63,124.00 and the average is $69,800.00. This zip code has a mean commute time to work of 29.0 minutes. The unemployment rate is 2.4%. Income earners by percent breakdown as 38.30% (Under $50,000), 39.90% ($50,000-$100,000), and 21.80% earn over $100,000. 6.0% of residents live below poverty line versus the 13.0% in the state that are below this line. The cost of living index is 81.6. The educational breakdown is 96.5% have a high school education or higher, 31.6% have a bachelor's degree or higher, and 10.2% have some kind of profesional degree.
This area has 2,880 households and the average size is 2.6 people. Individuals who are single and have never been married are 21.4%, 64.0% are now married, 0.5% are separated, 6.7% are widowed, and 7.3% are divorced. The average yearly contribution amount given by people to charity was $3,014 versus the state average of $4,225. The percent of residents who gave to charity was 29.8%.
The estimated median value of houses and condos is $195,717. The median monthly owner costs of mortgage holders was $1,397, where as the costs for those who don't have a mortgage are $528. The median number of rooms in houses and condos are 6.8 versus apartments which had a median number of 5.4.
The real estate tax percent rate is 1.4% which equated to an average real estate tax amount payment of $2,656. 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 1.4% which amounted to an average tax amount of $2,718. 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 $2,564. Reported taxable interest for persons was $794, dividends $2,175, capital gains +$5,153, and itemized deductions $18,945. The average earned income tax credit is $1,867. The percent of individuals that use a tax preparer is 55.6%. The total average income taxes paid by individuals was $7,123. Businesses reported an average profit of $9,998.
Cinder's Grill
232 E Grand River Rd, Laingsburg, MI 48848
PDP's Pizzeria
110 Railroad St, Laingsburg, MI 48848
Boondocks Saloon & Grill
104 E Grand River Rd, Laingsburg, MI 48848
Twilliger's
116 E Grand River Rd, Laingsburg, MI 48848
Tammy's Bakery & Cafe
232 E Grand River Rd, Laingsburg, MI 48848
P D P Pizzaria
110 Railroad St, Laingsburg, MI 48848
Bath Village Diner
13631 Main St, Bath, MI 48808 (5.9 miles away)
Johnny V's Real Michigan BBQ
3062 Britton Rd, Perry, MI 48872 (6.8 miles away)