Interested in purchasing investment houses in the 49614 zip code in Bear Lake, MI?
The zip code 49614 is in Manistee county with a latitude of -86.116430000000 and longitude of 44.438730000000, is in the state of Michigan. The average asking price of houses and condos is $203,452.00 and the average sale price was $91,000.00. this regions is classified as the Traverse City metro area and is in the 231 area code. The location in degrees is 44° 26' 19.428" N, 86° 6' 59.148" W. The county F.I.P.S. is 26101. The total land area is 84.4 square miles and the water area is 3.2 square miles. The elevation in this area is 748 - 968 feet. The zip code is on eastern standard time and observes daylight savings time.
The zip 49614 is in county number 101 and is L. Sector 00, L. Segment 01, H. Sector 89, and H. Segment 89. The population was 2,974 in 2019 and 2,790 in 2010. This further breaks down to 1,511 males (50.8%) and 1,462 females (49.2%). The median age of residents is 50.3 years. The population density (people per square mile) is 35. This zip code has a combined total of 1,883 houses and condos. There are 89 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 lower middle class. The average individual gross adjusted income is $41,372 and the average salary is $33,653. The median household income of individuals is $41,334.00 and the average is $48,840.00. This zip code has a mean commute time to work of 24.2 minutes. The unemployment rate is 3.7%. Income earners by percent breakdown as 61.60% (Under $50,000), 30.60% ($50,000-$100,000), and 7.70% earn over $100,000. 13.4% of residents live below poverty line versus the 13.0% in the state that are below this line. The cost of living index is 82.4. The educational breakdown is 92.1% have a high school education or higher, 26.2% have a bachelor's degree or higher, and 10.2% have some kind of profesional degree.
This area has 1,142 households and the average size is 2.8 people. Individuals who are single and have never been married are 28.4%, 51.2% are now married, 1.3% are separated, 7.8% are widowed, and 11.4% are divorced. The average yearly contribution amount given by people to charity was $2,585 versus the state average of $4,225. The percent of residents who gave to charity was 15.9%.
The estimated median value of houses and condos is $155,136. The median monthly owner costs of mortgage holders was $1,167, where as the costs for those who don't have a mortgage are $426. The median number of rooms in houses and condos are 6.2 versus apartments which had a median number of 5.9.
The real estate tax percent rate is 1.1% which equated to an average real estate tax amount payment of $1,743. 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 1.1% which amounted to an average tax amount of $1,803. 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 $1,685. Reported taxable interest for persons was $647, dividends $2,496, capital gains +$2,432, and itemized deductions $16,976. The average earned income tax credit is $2,170. The percent of individuals that use a tax preparer is 57.9%. The total average income taxes paid by individuals was $5,886. Businesses reported an average profit of $7,943.
Country Kitchen
7789 Lake St, Bear Lake, MI 49614
Grille 44
12951 Pleasanton Hwy, Bear Lake, MI 49614
Hubbell's Lakeside Restaurant
7833 Lake St, Bear Lake, MI 49614
Traverse City Munson Home
11660 Chippewa Hwy, Bear Lake, MI 49614
Rosie's Place
9567 Chippewa Hwy, Bear Lake, MI 49614
Hot Stuff Pizza
12348 W, Bear Lake, MI 49614
The Glenwood
4604 Main St, Onekama, MI 49675 (5.7 miles away)
That Place In Kaleva
14021 9 Mile Rd, Kaleva, MI 49645 (6.4 miles away)