Interested in purchasing investment houses in the 48857 zip code in Morrice, MI?
The zip code 48857 is in Shiawassee county with a latitude of -84.155290000000 and longitude of 42.842500000000, is in the state of Michigan. The average asking price of houses and condos is $79,294.00 and the average sale price was $64,250.00. this regions is classified as the Flint - Saginaw metro area and is in the 517 area code. The location in degrees is 42° 50' 33" N, 84° 9' 19.044" W. The county F.I.P.S. is 26155. The total land area is 22.9 square miles and the water area is 0.6 square miles. The elevation in this area is 840 - 883 feet. The zip code is on eastern standard time and observes daylight savings time.
The zip 48857 is in county number 155 and is L. Sector 00, L. Segment 01, H. Sector 20, and H. Segment 20. The population was 3,236 in 2019 and 2,453 in 2010. Of this, the break down in 2019 was 1,096 urban and 2,139 rural. This further breaks down to 1,626 males (50.2%) and 1,610 females (49.8%). The median age of residents is 40.2 years. The population of the greater Owosso, MI area is 70,760. The population density (people per square mile) is 141. This zip code has a combined total of 1,160 houses and condos. There are 222 rented appartments. 20% of residents rent versus the 20% 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 $42,514 and the average salary is $38,858. The median household income of individuals is $53,577.00 and the average is $54,630.00. This zip code has a mean commute time to work of 29.9 minutes. The unemployment rate is 2.5%. Income earners by percent breakdown as 44.90% (Under $50,000), 41.80% ($50,000-$100,000), and 13.30% earn over $100,000. 4.9% 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 93.8% have a high school education or higher, 17.2% have a bachelor's degree or higher, and 3.6% have some kind of profesional degree.
This area has 921 households and the average size is 3.0 people. Individuals who are single and have never been married are 27.3%, 62.8% are now married, 0.6% are separated, 5.4% are widowed, and 3.9% are divorced. The average yearly contribution amount given by people to charity was $2,548 versus the state average of $4,225. The percent of residents who gave to charity was 19.3%.
The estimated median value of houses and condos is $149,939. The median monthly owner costs of mortgage holders was $1,233, where as the costs for those who don't have a mortgage are $475. The median number of rooms in houses and condos are 6.2 versus apartments which had a median number of 5.9.
The real estate tax percent rate is 1.3% which equated to an average real estate tax amount payment of $1,981. 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 $1,919. Conversely, the median housing property tax percent for residents who don't have mortgages was 1.6% which amounted to an average tax amount of $2,185. Reported taxable interest for persons was $661, dividends $1,208, capital gains +$233, and itemized deductions $16,429. The average earned income tax credit is $2,084. The percent of individuals that use a tax preparer is 57.1%. The total average income taxes paid by individuals was $5,294. Businesses reported an average profit of $4,113.
Diane's Country Kitchen
329 Main St, Morrice, MI 48857
Mulholland Bar
318 W Britton Rd, Morrice, MI 48857
Charlie's Bar & Grill
136 Main St, Morrice, MI 48857
Morrice Superette
320 Main St, Morrice, MI 48857
Boondoggles
136 Main St, Morrice, MI 48857
Jake's Place
328 Main St, Morrice, MI 48857
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