Interested in purchasing investment houses in the 48850 zip code in Lakeview, MI?
The zip code 48850 is in both Montcalm and Mecosta counties with a latitude of -85.254170000000 and longitude of 43.437840000000, is in the state of Michigan. The average asking price of houses and condos is $124,275.00 and the average sale price was $56,917.00. this regions is classified as the Grand Rapids metro area and is in the 989 area code. The location in degrees is 43° 26' 16.224" N, 85° 15' 15.012" W. The county F.I.P.S. is 26117. The total land area is 80.8 square miles and the water area is 1.3 square miles. The elevation in this area is 892 - 988 feet. The zip code is on eastern standard time and observes daylight savings time.
The zip 48850 is in county number 107 and is L. Sector 93, L. Segment 02, H. Sector 02, and H. Segment 02. The population was 4,697 in 2019 and 4,474 in 2010. This further breaks down to 2,453 males (52.2%) and 2,243 females (47.8%). The median age of residents is 39.8 years. The population density (people per square mile) is 58. This zip code has a combined total of 2,172 houses and condos. There are 329 rented appartments. 19% of residents rent versus the 19% 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 $38,175 and the average salary is $34,545. The median household income of individuals is $44,107.00 and the average is $46,110.00. This zip code has a mean commute time to work of 28.9 minutes. The unemployment rate is 3.9%. Income earners by percent breakdown as 56.60% (Under $50,000), 35.90% ($50,000-$100,000), and 7.50% earn over $100,000. 13.0% of residents live below poverty line versus the 13.0% in the state that are below this line. The cost of living index is 80.6. The educational breakdown is 83.9% have a high school education or higher, 15.1% have a bachelor's degree or higher, and 5.1% have some kind of profesional degree.
This area has 1,746 households and the average size is 2.7 people. Individuals who are single and have never been married are 23.4%, 58.1% are now married, 0.9% are separated, 7.0% are widowed, and 10.6% are divorced. The average yearly contribution amount given by people to charity was $3,096 versus the state average of $4,225. The percent of residents who gave to charity was 12.4%.
The estimated median value of houses and condos is $119,089. The median monthly owner costs of mortgage holders was $1,035, where as the costs for those who don't have a mortgage are $410. The median number of rooms in houses and condos are 6.3 versus apartments which had a median number of 4.6.
The real estate tax percent rate is 1.3% which equated to an average real estate tax amount payment of $1,583. 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 $1,527. Conversely, the median housing property tax percent for residents who don't have mortgages was 1.5% which amounted to an average tax amount of $1,669. Reported taxable interest for persons was $1,030, dividends $1,748, capital gains +$3,479, and itemized deductions $16,565. The average earned income tax credit is $2,190. The percent of individuals that use a tax preparer is 64.5%. The total average income taxes paid by individuals was $5,147. Businesses reported an average profit of $7,330.
Chapz Roadhouse
9950 N Greenville Rd, Lakeview, MI 48850
McKenna's Village Restaurant
321 N Lincoln Ave, Lakeview, MI 48850
Five Corner Store
4971 N Greenville Rd, Lakeview, MI 48850
Village Kupps
323 S Lincoln Ave, Lakeview, MI 48850
Dippity Dog Cones & Franks
337 S Lincoln Ave, Lakeview, MI 48850
Alley Cat Bar & Grill
9775 N Greenville Rd, Lakeview, MI 48850
Coral Bar Inc
4705 N Bailey Rd, Coral, MI 49322 (6.1 miles away)
La Cocina Grill Chill
1274 S Kohler Rd, Trufant, MI 49347 (8.6 miles away)
Moe Z Inn
249 N Cass St, Morley, MI 49336 (9.5 miles away)
Amble Road House
9490 Main St, Howard City, MI 49329 (9.8 miles away)
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