Interested in purchasing investment houses in the 48884 zip code in Sheridan, MI?
The zip code 48884 is in Montcalm county with a latitude of -85.043240000000 and longitude of 43.208300000000, is in the state of Michigan. The average asking price of houses and condos is $120,395.00 and the average sale price was $49,857.00. this regions is classified as the Grand Rapids metro area and is in the 989 area code. The location in degrees is 43° 12' 29.88" N, 85° 2' 35.664" W. The county F.I.P.S. is 26117. The total land area is 60.9 square miles and the water area is 0.9 square miles. The elevation in this area is 797 - 883 feet. The zip code is on eastern standard time and observes daylight savings time.
The zip 48884 is in county number 073 and is L. Sector 93, L. Segment 00, H. Sector 00, and H. Segment 00. The population was 4,488 in 2019 and 4,427 in 2010. This further breaks down to 2,226 males (49.6%) and 2,261 females (50.4%). The median age of residents is 44.6 years. The population density (people per square mile) is 74. This zip code has a combined total of 1,974 houses and condos. There are 211 rented appartments. 13% of residents rent versus the 13% 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 $36,033 and the average salary is $34,785. The median household income of individuals is $41,601.00 and the average is $44,590.00. This zip code has a mean commute time to work of 31.4 minutes. The unemployment rate is 5.3%. Income earners by percent breakdown as 59.50% (Under $50,000), 33.70% ($50,000-$100,000), and 6.90% earn over $100,000. 12.4% 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 86.2% have a high school education or higher, 11.3% have a bachelor's degree or higher, and 3.6% have some kind of profesional degree.
This area has 1,704 households and the average size is 2.7 people. Individuals who are single and have never been married are 25.5%, 55.9% are now married, 1.4% are separated, 6.1% are widowed, and 11.2% are divorced. The average yearly contribution amount given by people to charity was $3,050 versus the state average of $4,225. The percent of residents who gave to charity was 10.9%.
The estimated median value of houses and condos is $126,829. The median monthly owner costs of mortgage holders was $1,103, where as the costs for those who don't have a mortgage are $428. The median number of rooms in houses and condos are 6.4 versus apartments which had a median number of 5.1.
The real estate tax percent rate is 1.2% which equated to an average real estate tax amount payment of $1,537. 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 1.3% which amounted to an average tax amount of $1,689. Conversely, the median housing property tax percent for residents who don't have mortgages was 1.1% which amounted to an average tax amount of $1,360. Reported taxable interest for persons was $815, dividends $1,482, and itemized deductions $15,477. The average earned income tax credit is $2,312. The percent of individuals that use a tax preparer is 59.6%. The total average income taxes paid by individuals was $4,793. Businesses reported an average profit of $7,681.
Dog Town Smoke House
206 S Main St, Sheridan, MI 48884
Rj's Sports Bar
7033 S Sheridan Rd, Sheridan, MI 48884
Jan's Chat & Chew
206 N Main St, Sheridan, MI 48884
CrossRoads Cafe
3105 S Sheridan Rd, Sheridan, MI 48884
Sidney Tavern
3045 S Derby Rd, Sidney, MI 48885 (4.1 miles away)
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