Interested in purchasing investment houses in the 49220 zip code in Addison, MI?
The zip code 49220 is in both Lenawee and Hillsdale counties with a latitude of -84.342430000000 and longitude of 41.994590000000, is in the state of Michigan. The average asking price of houses and condos is $167,840.00 and the average sale price was $39,000.00. this regions is classified as the Toledo metro area and is in the 517 area code. The location in degrees is 41° 59' 40.524" N, 84° 20' 32.748" W. The county F.I.P.S. is 26091. This zip code contains two cities including Addison, MI (3.50%), and Manitou Beach-Devils Lake, MI (0.80%) The total land area is 28.3 square miles and the water area is 0.3 square miles. The elevation in this area is 1020 - 1066 feet. The zip code is on eastern standard time and observes daylight savings time.
The zip 49220 is in county number 059 and is L. Sector 97, L. Segment 87, H. Sector 87, and H. Segment 87. The population was 2,441 in 2019 and 2,290 in 2010. This further breaks down to 1,273 males (52.2%) and 1,167 females (47.8%). The median age of residents is 45.1 years. The population of the greater Adrian, MI area is 102,586. The population density (people per square mile) is 86. This zip code has a combined total of 1,226 houses and condos. There are 223 rented appartments. 21% of residents rent versus the 21% 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 $41,756 and the average salary is $37,491. The median household income of individuals is $48,134.00 and the average is $50,860.00. This zip code has a mean commute time to work of 29.5 minutes. The unemployment rate is 7.6%. Income earners by percent breakdown as 52.20% (Under $50,000), 31.60% ($50,000-$100,000), and 16.20% earn over $100,000. 11.0% of residents live below poverty line versus the 13.0% in the state that are below this line. The cost of living index is 84.8. The educational breakdown is 93.8% have a high school education or higher, 14.1% have a bachelor's degree or higher, and 4.7% have some kind of profesional degree.
This area has 902 households and the average size is 2.4 people. Individuals who are single and have never been married are 26.1%, 52.8% are now married, 2.3% are separated, 5.1% are widowed, and 13.8% are divorced. The average yearly contribution amount given by people to charity was $2,178 versus the state average of $4,225. The percent of residents who gave to charity was 16.4%.
The estimated median value of houses and condos is $171,612. The median monthly owner costs of mortgage holders was $1,176, where as the costs for those who don't have a mortgage are $430. The median number of rooms in houses and condos are 6.3 versus apartments which had a median number of 4.8.
The real estate tax percent rate is 1.0% which equated to an average real estate tax amount payment of $1,705. 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 1.0% which amounted to an average tax amount of $1,806. Conversely, the median housing property tax percent for residents who don't have mortgages was 1.0% which amounted to an average tax amount of $1,532. Reported taxable interest for persons was $709, dividends $1,289, capital gains +$914, and itemized deductions $16,681. The average earned income tax credit is $1,921. The percent of individuals that use a tax preparer is 63.6%. The total average income taxes paid by individuals was $5,556. Businesses reported an average profit of $8,793.
Willow Lake Restaurant
17126 Us Highway 223, Addison, MI 49220
Woodstock Wine & Cheese
6409 Us Highway 223, Addison, MI 49220
Woodstock Wine & Cheese
6409 Us Highway 223, Addison, MI 49220
Vettes Pizza
8511 US Highway 127, Addison, MI 49220
Luigi's Pizza
6395 Us Highway 223, Addison, MI 49220
Manitou Bar & Grill
3541 Geneva Hwy, Manitou Beach, MI 49253 (3.1 miles away)
When my husband passed away suddenly, I was left with a home I had to sell fast. The experts from We Buy Homes dealt with me professionally, fairly, and honestly. I didn’t have to list my house and I didn’t have to deal with strangers walking through my home. And I didn’t have to pay a realtor! They handled everything and that provided the peace of mind I needed during such a difficult time. I highly recommend them!
