Interested in purchasing investment houses in the 49621 zip code in Cedar, MI?
The zip code 49621 is in Leelanau county with a latitude of -85.775560000000 and longitude of 44.863400000000, is in the state of Michigan. The average asking price of houses and condos is $291,778.00 and the average sale price was $303,522.00. this regions is classified as the Traverse City metro area and is in the 231 area code. The location in degrees is 44° 51' 48.24" N, 85° 46' 32.016" W. The county F.I.P.S. is 26089. This zip code contains two cities including Cedar, MI (0.27%), and Greilickville, MI (0.20%) The total land area is 58.7 square miles and the water area is 7.5 square miles. The elevation in this area is 597 - 922 feet. The zip code is on eastern standard time and observes daylight savings time.
The zip 49621 is in county number 089 and is L. Sector 00, L. Segment 01, H. Sector 17, and H. Segment 17. The population was 3,950 in 2019 and 3,096 in 2010. This further breaks down to 2,030 males (51.4%) and 1,920 females (48.6%). The median age of residents is 47.1 years. The population of the greater Traverse City, MI area is 145,897. The population density (people per square mile) is 67. This zip code has a combined total of 2,246 houses and condos. There are 154 rented appartments. 10% of residents rent versus the 10% 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 $53,236 and the average salary is $39,441. The median household income of individuals is $52,207.00 and the average is $65,000.00. This zip code has a mean commute time to work of 25.7 minutes. The unemployment rate is 4.9%. Income earners by percent breakdown as 46.80% (Under $50,000), 39.50% ($50,000-$100,000), and 13.70% earn over $100,000. 6.6% of residents live below poverty line versus the 13.0% in the state that are below this line. The cost of living index is 84.8. The educational breakdown is 97.5% have a high school education or higher, 41.3% have a bachelor's degree or higher, and 15.4% have some kind of profesional degree.
This area has 1,259 households and the average size is 2.6 people. Individuals who are single and have never been married are 24.5%, 59.8% are now married, 0.2% are separated, 4.1% are widowed, and 11.4% are divorced. The average yearly contribution amount given by people to charity was $3,860 versus the state average of $4,225. The percent of residents who gave to charity was 25.5%.
The estimated median value of houses and condos is $256,644. The median monthly owner costs of mortgage holders was $1,246, where as the costs for those who don't have a mortgage are $440. The median number of rooms in houses and condos are 6.3 versus apartments which had a median number of 5.0.
The real estate tax percent rate is 0.7% which equated to an average real estate tax amount payment of $1,895. 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 0.8% which amounted to an average tax amount of $1,909. Conversely, the median housing property tax percent for residents who don't have mortgages was 0.7% which amounted to an average tax amount of $1,881. Reported taxable interest for persons was $1,303, dividends $7,859, capital gains +$9,629, and itemized deductions $20,931. The average earned income tax credit is $1,865. The percent of individuals that use a tax preparer is 56.7%. The total average income taxes paid by individuals was $7,015. Businesses reported an average profit of $12,597.
Cedar Sol Hydro Farm
9452 S Cedar Rd, Cedar, MI 49621
Big Cat Brewing Co
8699 S Good Harbor Trl, Cedar, MI 49621
Patisserie D'Genevieve
6136 E Hackett Dr, Cedar, MI 49621
Cedar Tavern
9039 S Kasson St, Cedar, MI 49621
Funistrada
4566 Mcfarlane Rd W, Maple City, MI 49664 (3.3 miles away)
Western Avenue Grill
6410 Western Ave, Glen Arbor, MI 49636 (8.6 miles away)
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