Interested in purchasing investment houses in the 48915 zip code in Lansing, MI?
The zip code 48915 is in Ingham county with a latitude of -84.570990000000 and longitude of 42.738200000000, is in the state of Michigan. The average asking price of houses and condos is $56,265.00 and the average sale price was $46,019.00. this regions is classified as the Lansing metro area and is in the 517 area code. The location in degrees is 42° 44' 17.52" N, 84° 34' 15.564" W. The county F.I.P.S. is 26065. The total land area is 1.8 square miles and the water area is 0.1 square miles. The elevation in this area is 856 - 856 feet. The zip code is on eastern standard time and observes daylight savings time.
The zip 48915 is in county number 065 and is L. Sector 10, L. Segment , H. Sector , and H. Segment . The population was 10,857 in 2019 and 9,218 in 2010. This further breaks down to 5,142 males (47.4%) and 5,715 females (52.6%). The median age of residents is 30.7 years. The population of the greater Lansing-East Lansing, MI area is 457,943. The population density (people per square mile) is 5,983. This zip code has a combined total of 4,648 houses and condos. There are 1,991 rented appartments. 51% of residents rent versus the 51% 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 $34,576 and the average salary is $30,759. The median household income of individuals is $40,943.00 and the average is $39,010.00. This zip code has a mean commute time to work of 19.4 minutes. The unemployment rate is 8.9%. Income earners by percent breakdown as 59.20% (Under $50,000), 28.30% ($50,000-$100,000), and 12.50% earn over $100,000. 22.5% of residents live below poverty line versus the 13.0% in the state that are below this line. The cost of living index is 84.0. The educational breakdown is 86.4% have a high school education or higher, 30.3% have a bachelor's degree or higher, and 8.2% have some kind of profesional degree.
This area has 3,641 households and the average size is 2.7 people. Individuals who are single and have never been married are 48.7%, 30.2% are now married, 1.7% are separated, 4.8% are widowed, and 14.5% are divorced. The average yearly contribution amount given by people to charity was $3,128 versus the state average of $4,225. The percent of residents who gave to charity was 16.9%.
The estimated median value of houses and condos is $84,590. The median monthly owner costs of mortgage holders was $991, where as the costs for those who don't have a mortgage are $485. The median number of rooms in houses and condos are 6.5 versus apartments which had a median number of 4.9.
The real estate tax percent rate is 2.5% which equated to an average real estate tax amount payment of $2,117. 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 2.5% which amounted to an average tax amount of $2,123. Conversely, the median housing property tax percent for residents who don't have mortgages was 2.3% which amounted to an average tax amount of $2,116. Reported taxable interest for persons was $508, dividends $2,427, capital gains +$1,900, and itemized deductions $16,169. The average earned income tax credit is $2,620. The percent of individuals that use a tax preparer is 49.9%. The total average income taxes paid by individuals was $5,539. Businesses reported an average profit of $7,305.
Troppo
111 E Michigan Ave, Lansing, MI 48933 (0.8 miles away)
Piazzano's
1825 N Grand River Ave, Lansing, MI 48906 (1.8 miles away)
The Best Steak House
3020 E Kalamazoo St, Lansing, MI 48912 (2.3 miles away)
Outback Steakhouse
617 N. Canal Road, Lansing, MI 48917 (2.7 miles away)
Fresh Fish
3140 S Martin Luther King Jr Blvd, Lansing, MI 48910 (2.9 miles away)
Texas Roadhouse
280 East Edgewood Boulevard, Lansing, MI 48911 (4.1 miles away)
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