Interested in purchasing investment houses in the 49677 zip code in Reed City, MI?
The zip code 49677 is in both Osceola and Lake counties with a latitude of -85.548270000000 and longitude of 43.896830000000, is in the state of Michigan. The average asking price of houses and condos is $101,469.00 and the average sale price was $40,000.00. this regions is classified as the Traverse City metro area and is in the 231 area code. The location in degrees is 43° 53' 48.588" N, 85° 32' 53.772" W. The county F.I.P.S. is 26133. The total land area is 131.8 square miles and the water area is 1.1 square miles. The elevation in this area is 1079 - 1342 feet. The zip code is on eastern standard time and observes daylight savings time.
The zip 49677 is in county number 123 and is L. Sector 94, L. Segment 01, H. Sector 01, and H. Segment 01. The population was 7,233 in 2019 and 6,631 in 2010. Of this, the break down in 2019 was 2,693 urban and 4,539 rural. This further breaks down to 3,479 males (48.1%) and 3,753 females (51.9%). The median age of residents is 44.0 years. The population density (people per square mile) is 55. This zip code has a combined total of 3,697 houses and condos. There are 669 rented appartments. 23% of residents rent versus the 23% 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 $41,348 and the average salary is $35,971. The median household income of individuals is $42,636.00 and the average is $46,730.00. This zip code has a mean commute time to work of 25.6 minutes. The unemployment rate is 6.2%. Income earners by percent breakdown as 59.20% (Under $50,000), 32.20% ($50,000-$100,000), and 8.60% earn over $100,000. 15.9% of residents live below poverty line versus the 13.0% in the state that are below this line. The cost of living index is 80.4. The educational breakdown is 89.2% have a high school education or higher, 15.4% have a bachelor's degree or higher, and 6.1% have some kind of profesional degree.
This area has 2,665 households and the average size is 2.5 people. Individuals who are single and have never been married are 28.7%, 49.7% are now married, 0.8% are separated, 8.2% are widowed, and 12.6% are divorced. The average yearly contribution amount given by people to charity was $4,042 versus the state average of $4,225. The percent of residents who gave to charity was 11.6%.
The estimated median value of houses and condos is $98,743. The median monthly owner costs of mortgage holders was $989, where as the costs for those who don't have a mortgage are $407. The median number of rooms in houses and condos are 6.2 versus apartments which had a median number of 4.1.
The real estate tax percent rate is 1.4% which equated to an average real estate tax amount payment of $1,343. 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 $1,373. Conversely, the median housing property tax percent for residents who don't have mortgages was 1.4% which amounted to an average tax amount of $1,294. Reported taxable interest for persons was $1,035, dividends $3,862, capital gains +$3,763, and itemized deductions $18,121. The average earned income tax credit is $2,193. The percent of individuals that use a tax preparer is 53.0%. The total average income taxes paid by individuals was $5,502. Businesses reported an average profit of $6,561.
Sunny's Sports Bar & Grill
122 W Upton Ave, Reed City, MI 49677
H & D Chuckwagon
20221 Us Highway 10, Reed City, MI 49677
Reed City Brewing Company
141 W Upton Ave, Reed City, MI 49677
China King
21793 N Park St, Reed City, MI 49677
Pompeiis
113 S Chestnut St, Reed City, MI 49677
Wright's Last Chance Saloon
13645 N Cottonwood Ave, Reed City, MI 49677
Seven Slot Grille
113 N Chestnut St, Reed City, MI 49677
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