Interested in purchasing investment houses in the 48875 zip code in Portland, MI?
The zip code 48875 is in both Ionia and Clinton counties with a latitude of -84.929650000000 and longitude of 42.859330000000, is in the state of Michigan. The average asking price of houses and condos is $123,518.00 and the average sale price was $91,483.00. this regions is classified as the Grand Rapids metro area and is in the 517 area code. The location in degrees is 42° 51' 33.588" N, 84° 55' 46.74" W. The county F.I.P.S. is 26067. The total land area is 86.2 square miles and the water area is 1.4 square miles. The elevation in this area is 745 - 840 feet. The zip code is on eastern standard time and observes daylight savings time.
The zip 48875 is in county number 037 and is L. Sector 93, L. Segment 01, H. Sector 01, and H. Segment 01. The population was 10,545 in 2019 and 10,186 in 2010. Of this, the break down in 2019 was 4,674 urban and 5,870 rural. This further breaks down to 5,416 males (51.4%) and 5,129 females (48.6%). The median age of residents is 37.2 years. The population of the greater Grand Rapids-Wyoming, MI area is 790,673. The population density (people per square mile) is 122. This zip code has a combined total of 4,220 houses and condos. There are 876 rented appartments. 22% of residents rent versus the 22% 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 $52,888 and the average salary is $46,381. The median household income of individuals is $61,664.00 and the average is $62,580.00. This zip code has a mean commute time to work of 27.6 minutes. The unemployment rate is 1.8%. Income earners by percent breakdown as 38.20% (Under $50,000), 42.00% ($50,000-$100,000), and 19.80% earn over $100,000. 4.2% of residents live below poverty line versus the 13.0% in the state that are below this line. The cost of living index is 82.2. The educational breakdown is 94.9% have a high school education or higher, 26.0% have a bachelor's degree or higher, and 7.3% have some kind of profesional degree.
This area has 3,860 households and the average size is 2.7 people. Individuals who are single and have never been married are 26.2%, 57.5% are now married, 1.9% are separated, 5.3% are widowed, and 9.1% are divorced. The average yearly contribution amount given by people to charity was $2,702 versus the state average of $4,225. The percent of residents who gave to charity was 25.0%.
The estimated median value of houses and condos is $174,045. The median monthly owner costs of mortgage holders was $1,245, where as the costs for those who don't have a mortgage are $458. The median number of rooms in houses and condos are 6.7 versus apartments which had a median number of 4.4.
The real estate tax percent rate is 1.4% which equated to an average real estate tax amount payment of $2,368. 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 $2,460. 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 $2,178. Reported taxable interest for persons was $1,076, dividends $2,201, capital gains +$2,822, and itemized deductions $17,734. The average earned income tax credit is $1,990. The percent of individuals that use a tax preparer is 56.4%. The total average income taxes paid by individuals was $6,885. Businesses reported an average profit of $7,669.
Duke's Cajun Grill
104 W Grand River Ave, Portland, MI 48875
Creemee Ice Cream Parlor
607 E Grand River Ave, Portland, MI 48875
Olivera's Restaurant
1417 E Grand River Ave, Portland, MI 48875
Wagon Wheel Bowl
7888 E Grand River Ave, Portland, MI 48875
The Gallery Brewery
143 Kent St, Portland, MI 48875
Conflux City Brewing
110 N Water St, Portland, MI 48875
Wagonwheel American Grill
7888 E Grand River Ave, Portland, MI 48875
Mary's Cove
154 Kent St, Portland, MI 48875
Fabino Bar and Grill
104 W Grand River Ave, Portland, MI 48875
China Star Buffet
1495 E Grand River Ave, Portland, MI 48875
Red Tomato
149 Bristie St, Portland, MI 48875
Portland Party Store
607 E Grand River Ave, Portland, MI 48875
Rivers Edge
160 Kent St, Portland, MI 48875
Olivera's Pizzeria and Pub House
1417 E Grand River Ave, Portland, MI 48875
LookingGrand Cafe
117 E Grand River Ave, Portland, MI 48875
Chocolate Moose
116 E Bridge St, Portland, MI 48875
Fabiano's River House Bar & Grill
104 W Grand River Ave, Portland, MI 48875
Hot Shots Tavern
137 Kent St, Portland, MI 48875
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