Interested in purchasing investment houses in the 49331 zip code in Lowell, MI?
The zip code 49331 is in both Kent and Ionia counties with a latitude of -85.352160000000 and longitude of 42.951450000000, is in the state of Michigan. The average asking price of houses and condos is $174,390.00 and the average sale price was $119,533.00. this regions is classified as the Grand Rapids metro area and is in the 616 area code. The location in degrees is 42° 57' 5.22" N, 85° 21' 7.776" W. The county F.I.P.S. is 26081. This zip code contains three cities including Lowell, MI (3.32%), Forest Hills, MI (0.52%), and Saranac, MI (0.12%) The total land area is 90.5 square miles and the water area is 2.8 square miles. The elevation in this area is 689 - 899 feet. The zip code is on eastern standard time and observes daylight savings time.
The zip 49331 is in county number 067 and is L. Sector 92, L. Segment 01, H. Sector 01, and H. Segment 01. The population was 18,224 in 2019 and 16,627 in 2010. Of this, the break down in 2019 was 7,718 urban and 10,505 rural. This further breaks down to 8,822 males (48.4%) and 9,401 females (51.6%). The median age of residents is 40.9 years. The population of the greater Grand Rapids-Wyoming, MI area is 790,673. The population density (people per square mile) is 201. This zip code has a combined total of 7,018 houses and condos. There are 1,204 rented appartments. 18% of residents rent versus the 18% 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 $55,656 and the average salary is $49,140. The median household income of individuals is $61,614.00 and the average is $72,240.00. This zip code has a mean commute time to work of 24.8 minutes. The unemployment rate is 2.9%. Income earners by percent breakdown as 38.00% (Under $50,000), 43.00% ($50,000-$100,000), and 18.90% earn over $100,000. 6.4% of residents live below poverty line versus the 13.0% in the state that are below this line. The cost of living index is 82.3. The educational breakdown is 95.9% have a high school education or higher, 30.2% have a bachelor's degree or higher, and 8.4% have some kind of profesional degree.
This area has 5,988 households and the average size is 2.6 people. Individuals who are single and have never been married are 27.9%, 54.9% are now married, 0.5% are separated, 4.7% are widowed, and 12.0% are divorced. The average yearly contribution amount given by people to charity was $3,715 versus the state average of $4,225. The percent of residents who gave to charity was 28.3%.
The estimated median value of houses and condos is $227,342. The median monthly owner costs of mortgage holders was $1,425, where as the costs for those who don't have a mortgage are $520. The median number of rooms in houses and condos are 7.0 versus apartments which had a median number of 4.2.
The real estate tax percent rate is 1.3% which equated to an average real estate tax amount payment of $2,909. 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 $2,951. Conversely, the median housing property tax percent for residents who don't have mortgages was 1.3% which amounted to an average tax amount of $2,831. Reported taxable interest for persons was $1,048, dividends $2,978, capital gains +$7,482, and itemized deductions $19,249. The average earned income tax credit is $1,980. The percent of individuals that use a tax preparer is 53.3%. The total average income taxes paid by individuals was $7,314. Businesses reported an average profit of $9,702.
Fry Daddy's
608 W Main St, Lowell, MI 49331
Main Street BBQ
210 E Main St, Lowell, MI 49331
Flat River Grill
201 E Main St, Lowell, MI 49331
Keiser's Kitchen
700 E Main St, Lowell, MI 49331
Sneaker's
211 E Main St, Lowell, MI 49331
Ball's Softee Creme
503 E Main St, Lowell, MI 49331
Larkin's Restaurant
301 W Main St, Lowell, MI 49331
Mynt Fusion Bistro
800 W Main St, Lowell, MI 49331
Century Post Pub
203 E Main St, Lowell, MI 49331
Hong Kong Buffet
2155 W Main St, Lowell, MI 49331
Red Tomato
2001 W Main St, Lowell, MI 49331
Hunan Garden
11656 Fulton St E, Lowell, MI 49331
Big Boiler Brewing
318 E Main St Suite B, Lowell, MI 49331
Jersey Giant Subs
2001 W Main St, Lowell, MI 49331
Sweet Seasons
307 E Main St, Lowell, MI 49331
Peet's Coffee & Tea
11901 Fulton St E, Lowell, MI 49331
Nonna's The Trattoria
584 Ada Dr SE, Ada, MI 49301 (5.9 miles away)
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