Interested in purchasing investment houses in the 49431 zip code in Ludington, MI?
The zip code 49431 is in Mason county with a latitude of -86.400190000000 and longitude of 43.982180000000, is in the state of Michigan. The average asking price of houses and condos is $156,331.00 and the average sale price was $110,412.00. this regions is classified as the Traverse City metro area and is in the 231 area code. The location in degrees is 43° 58' 55.848" N, 86° 24' 0.684" W. The county F.I.P.S. is 26105. The total land area is 103.9 square miles and the water area is 19.6 square miles. The elevation in this area is 594 - 837 feet. The zip code is on eastern standard time and observes daylight savings time.
The zip 49431 is in county number 081 and is L. Sector 99, L. Segment 87, H. Sector 87, and H. Segment 87. The population was 17,462 in 2019 and 16,875 in 2010. Of this, the break down in 2019 was 10,322 urban and 7,139 rural. This further breaks down to 8,429 males (48.3%) and 9,032 females (51.7%). The median age of residents is 47.3 years. The population density (people per square mile) is 168. This zip code has a combined total of 10,100 houses and condos. There are 2,116 rented appartments. 28% of residents rent versus the 28% 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 $49,239 and the average salary is $37,515. The median household income of individuals is $41,451.00 and the average is $56,990.00. This zip code has a mean commute time to work of 14.8 minutes. The unemployment rate is 3.3%. Income earners by percent breakdown as 58.80% (Under $50,000), 30.20% ($50,000-$100,000), and 11.00% earn over $100,000. 12.5% of residents live below poverty line versus the 13.0% in the state that are below this line. The cost of living index is 78.8. The educational breakdown is 93.5% have a high school education or higher, 27.3% have a bachelor's degree or higher, and 11.9% have some kind of profesional degree.
This area has 7,163 households and the average size is 2.2 people. Individuals who are single and have never been married are 24.3%, 52.7% are now married, 0.6% are separated, 8.1% are widowed, and 14.3% are divorced. The average yearly contribution amount given by people to charity was $4,603 versus the state average of $4,225. The percent of residents who gave to charity was 19.5%.
The estimated median value of houses and condos is $168,737. The median monthly owner costs of mortgage holders was $1,123, where as the costs for those who don't have a mortgage are $467. The median number of rooms in houses and condos are 6.8 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 $2,221. 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 1.4% which amounted to an average tax amount of $2,343. 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 $2,052. Reported taxable interest for persons was $1,139, dividends $4,608, capital gains +$8,960, and itemized deductions $20,831. The average earned income tax credit is $2,119. The percent of individuals that use a tax preparer is 57.5%. The total average income taxes paid by individuals was $7,448. Businesses reported an average profit of $9,607.
Ponderosa Steakhouse
4687 W Us Highway 10, Ludington, MI 49431
Walters Fishery
4728 W 6th St, Ludington, MI 49431
Luciano Restorante
103 W Ludington Ave, Ludington, MI 49431
Thai Mango
106 N James St, Ludington, MI 49431
Crown & Cork
502 W Loomis St, Ludington, MI 49431
Scotty's
5910 W Us Highway 10, Ludington, MI 49431
Old Hamlin Restaurant
122 W Ludington Ave, Ludington, MI 49431
Blu Moon
125 S James St, Ludington, MI 49431
Chef John's Bakery & Cafe
110 W Filer St, Ludington, MI 49431
Cafe 106
106 N Rath Ave, Ludington, MI 49431
Dq
66 S Pere Marquette Hwy, Ludington, MI 49431
Kuntry Kubbard
5474 W Us Highway 10, Ludington, MI 49431
Barnhart's Resort & Marina
6006 Barnhart Rd, Ludington, MI 49431
House Of Flavors
402 W Ludington Ave, Ludington, MI 49431
House Of Flavors, Inc.
110 N William St, Ludington, MI 49431
The Q Smokehouse Inc
225 S James St, Ludington, MI 49431
Bud's Tap Room
519 E Dowland St, Ludington, MI 49431
Wing Street
5953 W Us Highway 10, Ludington, MI 49431
Brenda Harbor Cafe
2606 N Lakeshore Dr, Ludington, MI 49431
El Rancho
4743 W Us Highway 10 Ste 1, Ludington, MI 49431