Interested in purchasing investment houses in the 49274 zip code in Reading, MI?
The zip code 49274 is in both Hillsdale and Branch counties with a latitude of -84.762770000000 and longitude of 41.838490000000, is in the state of Michigan. The average asking price of houses and condos is $126,281.00 and the average sale price was $44,250.00. this regions is classified as the Lansing metro area and is in the 517 area code. The location in degrees is 41° 50' 18.564" N, 84° 45' 45.972" W. The county F.I.P.S. is 26059. The total land area is 59.8 square miles and the water area is 0.8 square miles. The elevation in this area is 1034 - 1165 feet. The zip code is on eastern standard time and observes daylight savings time.
The zip 49274 is in county number 059 and is L. Sector 02, L. Segment 76, H. Sector 76, and H. Segment 76. The population was 3,401 in 2019 and 3,670 in 2010. This further breaks down to 1,769 males (52.0%) and 1,632 females (48.0%). The median age of residents is 41.6 years. The population density (people per square mile) is 57. This zip code has a combined total of 1,811 houses and condos. There are 257 rented appartments. 20% of residents rent versus the 20% 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 $40,843 and the average salary is $35,540. The median household income of individuals is $43,747.00 and the average is $48,370.00. This zip code has a mean commute time to work of 24.2 minutes. The unemployment rate is 3.8%. Income earners by percent breakdown as 58.10% (Under $50,000), 33.80% ($50,000-$100,000), and 8.10% earn over $100,000. 15.5% of residents live below poverty line versus the 13.0% in the state that are below this line. The cost of living index is 81.2. The educational breakdown is 88.6% have a high school education or higher, 17.2% have a bachelor's degree or higher, and 7.5% have some kind of profesional degree.
This area has 1,371 households and the average size is 2.6 people. Individuals who are single and have never been married are 21.9%, 61.2% are now married, 1.1% are separated, 4.9% are widowed, and 10.8% are divorced. The average yearly contribution amount given by people to charity was $3,800 versus the state average of $4,225. The percent of residents who gave to charity was 11.0%.
The estimated median value of houses and condos is $131,473. The median monthly owner costs of mortgage holders was $1,061, where as the costs for those who don't have a mortgage are $423. The median number of rooms in houses and condos are 6.6 versus apartments which had a median number of 5.6.
The real estate tax percent rate is 1.1% which equated to an average real estate tax amount payment of $1,402. 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 $1,370. 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 $1,476. Reported taxable interest for persons was $946, dividends $2,400, capital gains +$3,880, and itemized deductions $17,717. The average earned income tax credit is $2,067. The percent of individuals that use a tax preparer is 62.8%. The total average income taxes paid by individuals was $5,370. Businesses reported an average profit of $4,910.
Ray's Tavern
114 S Main St, Reading, MI 49274
Lone Ranger Cafe
135 Michigan St, Reading, MI 49274
Reading Pizza Barn
222 S Main St, Reading, MI 49274
Subway
600 S Main St, Reading, MI 49274
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