Interested in purchasing investment houses in the 49630 zip code in Empire, MI?
The zip code 49630 is in Leelanau county with a latitude of -85.992730000000 and longitude of 44.813780000000, is in the state of Michigan. The average asking price of houses and condos is $278,825.00 and the average sale price was $267,507.00. this regions is classified as the Traverse City metro area and is in the 231 area code. The location in degrees is 44° 48' 49.608" N, 85° 59' 33.828" W. The county F.I.P.S. is 26089. This zip code contains two cities including Empire, MI (2.37%), and Glen Arbor, MI (0.05%) The total land area is 45.2 square miles and the water area is 7.1 square miles. The elevation in this area is 584 - 912 feet. The zip code is on eastern standard time and observes daylight savings time.
The zip 49630 is in county number 019 and is L. Sector 96, L. Segment 03, H. Sector 03, and H. Segment 03. The population was 1,490 in 2019 and 1,429 in 2010. This further breaks down to 748 males (50.3%) and 741 females (49.7%). The median age of residents is 59.6 years. The population of the greater Traverse City, MI area is 145,897. The population density (people per square mile) is 33. This zip code has a combined total of 1,377 houses and condos. There are 53 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 $63,486 and the average salary is $40,943. The median household income of individuals is $49,525.00 and the average is $88,520.00. This zip code has a mean commute time to work of 25.8 minutes. The unemployment rate is 1.2%. Income earners by percent breakdown as 50.60% (Under $50,000), 35.40% ($50,000-$100,000), and 14.00% earn over $100,000. 5.8% of residents live below poverty line versus the 13.0% in the state that are below this line. The cost of living index is 81.9. The educational breakdown is 97.9% have a high school education or higher, 50.5% have a bachelor's degree or higher, and 22.1% have some kind of profesional degree.
This area has 677 households and the average size is 2.1 people. Individuals who are single and have never been married are 22.5%, 58.7% are now married, 0.6% are separated, 4.0% are widowed, and 14.2% are divorced. The average yearly contribution amount given by people to charity was $3,648 versus the state average of $4,225. The percent of residents who gave to charity was 32.9%.
The estimated median value of houses and condos is $317,018. The median monthly owner costs of mortgage holders was $1,449, where as the costs for those who don't have a mortgage are $562. The median number of rooms in houses and condos are 6.4 versus apartments which had a median number of 4.9.
The real estate tax percent rate is 0.8% which equated to an average real estate tax amount payment of $2,533. 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 0.7% which amounted to an average tax amount of $2,331. Conversely, the median housing property tax percent for residents who don't have mortgages was 0.9% which amounted to an average tax amount of $2,909. Reported taxable interest for persons was $1,611, dividends $6,030, capital gains +$5,013, and itemized deductions $24,439. The average earned income tax credit is $1,688. The percent of individuals that use a tax preparer is 59.2%. The total average income taxes paid by individuals was $8,894. Businesses reported an average profit of $9,633.
Tiffany's Cafe
10213 W Front St, Empire, MI 49630
Village Inn
11601 S Lacore Rd, Empire, MI 49630
Horizons & Sunsets
11590 S Lacore Rd, Empire, MI 49630
The Manor On Glen Lake
7345 W Glenmere Rd, Empire, MI 49630
Shipwreck Cafe
11691 S Lacore Rd, Empire, MI 49630
When my husband passed away suddenly, I was left with a home I had to sell fast. The experts from We Buy Homes dealt with me professionally, fairly, and honestly. I didn’t have to list my house and I didn’t have to deal with strangers walking through my home. And I didn’t have to pay a realtor! They handled everything and that provided the peace of mind I needed during such a difficult time. I highly recommend them!
