Interested in purchasing investment houses in the 49240 zip code in Grass Lake, MI?
The zip code 49240 is in both Jackson and Washtenaw counties with a latitude of -84.178710000000 and longitude of 42.279840000000, is in the state of Michigan. The average asking price of houses and condos is $160,892.00 and the average sale price was $136,442.00. this regions is classified as the Lansing metro area and is in the 517 area code. The location in degrees is 42° 16' 47.424" N, 84° 10' 43.356" W. The county F.I.P.S. is 26075. The total land area is 105.7 square miles and the water area is 3.7 square miles. The elevation in this area is 915 - 1047 feet. The zip code is on eastern standard time and observes daylight savings time.
The zip 49240 is in county number 075 and is L. Sector 00, L. Segment 01, H. Sector 20, and H. Segment 20. The population was 9,793 in 2019 and 8,703 in 2010. This further breaks down to 5,158 males (52.7%) and 4,635 females (47.3%). The median age of residents is 45.8 years. The population of the greater Jackson, MI area is 162,926. The population density (people per square mile) is 93. This zip code has a combined total of 3,998 houses and condos. There are 286 rented appartments. 8% of residents rent versus the 8% 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 $59,022 and the average salary is $53,749. The median household income of individuals is $66,503.00 and the average is $72,990.00. This zip code has a mean commute time to work of 29.2 minutes. The unemployment rate is 1.9%. Income earners by percent breakdown as 32.80% (Under $50,000), 43.20% ($50,000-$100,000), and 24.00% earn over $100,000. 2.5% of residents live below poverty line versus the 13.0% in the state that are below this line. The cost of living index is 82.1. The educational breakdown is 96.8% have a high school education or higher, 35.6% have a bachelor's degree or higher, and 11.5% have some kind of profesional degree.
This area has 3,267 households and the average size is 2.6 people. Individuals who are single and have never been married are 24.3%, 63.0% are now married, 1.1% are separated, 3.7% are widowed, and 7.9% are divorced. The average yearly contribution amount given by people to charity was $2,519 versus the state average of $4,225. The percent of residents who gave to charity was 30.9%.
The estimated median value of houses and condos is $239,726. The median monthly owner costs of mortgage holders was $1,549, where as the costs for those who don't have a mortgage are $527. The median number of rooms in houses and condos are 6.8 versus apartments which had a median number of 4.7.
The real estate tax percent rate is 1.3% which equated to an average real estate tax amount payment of $3,143. 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 $3,266. Conversely, the median housing property tax percent for residents who don't have mortgages was 1.2% which amounted to an average tax amount of $2,793. Reported taxable interest for persons was $1,097, dividends $2,915, capital gains +$3,736, and itemized deductions $19,620. The average earned income tax credit is $1,814. The percent of individuals that use a tax preparer is 52.5%. The total average income taxes paid by individuals was $7,371. Businesses reported an average profit of $9,835.
Barney's BBQ
108 E Michigan Ave, Grass Lake, MI 49240
Village Inn
12000 E Michigan Ave, Grass Lake, MI 49240
Little Grass Shack
100 E Michigan Ave, Grass Lake, MI 49240
Ryan's
114 W Michigan Ave, Grass Lake, MI 49240
Branch's Chick-N-Bake
108 E Michigan Ave, Grass Lake, MI 49240
Portage Lake Parlor
12227 Seymour Rd, Grass Lake, MI 49240
Jams Deli Sandwiches
119 E Michigan Ave, Grass Lake, MI 49240
Grass Lake Cafe
114 W Michigan Ave, Grass Lake, MI 49240
The Picnic Basket Cafe
108 E Michigan Ave, Grass Lake, MI 49240
Loven Spoonful
119 W Michigan Ave, Grass Lake, MI 49240
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