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Investors
Interested in purchasing investment houses in the 49686 zip code in Traverse City, MI?
Detailed Demographic Statistics
The zip code 49686 is in Grand Traverse county, is in the state of Michigan. The total land area is 120.2 square miles and the water area is 29.0 square miles.
The zip 49686 is in county number and is L. Sector , L. Segment , H. Sector , and H. Segment . The population was 33,823 in 2019 and 32,056 in 2010. Of this, the break down in 2019 was 20,558 urban and 13,264 rural. This further breaks down to 16,190 males (47.9%) and 17,633 females (52.1%). The median age of residents is 46.0 years. The population density (people per square mile) is 281. This zip code has a combined total of 16,983 houses and condos. There are 3,551 rented appartments. 25% of residents rent versus the 25% of residents in the state who rent.
The average individual gross adjusted income is $62,960 and the average salary is $45,477. The estimated median household income of individuals is around $68,122. This zip code has a mean commute time to work of 19.5 minutes. The unemployment rate is 4.0%. 9.2% of residents live below poverty line versus the 13.0% in the state that are below this line. The cost of living index is 82.8. The educational breakdown is 97.2% have a high school education or higher, 43.8% have a bachelor's degree or higher, and 15.5% have some kind of profesional degree.
The average size of households is 2.3 people. Individuals who are single and have never been married are 27.3%, 54.1% are now married, 0.5% are separated, 5.4% are widowed, and 12.8% are divorced. The average yearly contribution amount given by people to charity was $4,948 versus the state average of $4,225. The percent of residents who gave to charity was 26.9%.
The estimated median value of houses and condos is $252,663. The median monthly owner costs of mortgage holders was $1,454, where as the costs for those who don't have a mortgage are $539. The median number of rooms in houses and condos are 6.7 versus apartments which had a median number of 4.3.
The real estate tax percent rate is 1.2% which equated to an average real estate tax amount payment of $2,930. 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 $2,889. 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 $3,015. Reported taxable interest for persons was $2,090, dividends $9,733, capital gains +$16,876, and itemized deductions $25,362. The average earned income tax credit is $1,756. The percent of individuals that use a tax preparer is 52.9%. The total average income taxes paid by individuals was $9,786. Businesses reported an average profit of $18,285.Local Restaurants
Copper Falls Steakhouse
1796 S Garfield Ave, Traverse City, MI 49686
Lan Japanese Steak House
1840 N Us Highway 31 N, Traverse City, MI 49686
Asian Buffet
1146 W South Airport Rd, Traverse City, MI 49686
Third Coast Bakery
523 Munson Ave, Traverse City, MI 49686
Smoke and Porter Public House
1752 N Us Highway 31 N, Traverse City, MI 49686
The Soup Cup
718 Munson Ave, Traverse City, MI 49686
Big Boy
3828 N Us Highway 31 N, Traverse City, MI 49686
Delamar Artisan Waterfront
615 E Front St, Traverse City, MI 49686
Smokehouse Mac Shack
439 E Front St, Traverse City, MI 49686
Jolly Pumpkin Restaurant, Brewery, Distillery
13512 Peninsula Dr, Traverse City, MI 49686
Boathouse Restaurant
14039 Peninsula Dr, Traverse City, MI 49686
Wares Bro's Frosty Treat
1409 W South Airport Rd, Traverse City, MI 49686
Sparky's Diner
1462 W South Airport Rd, Traverse City, MI 49686
Bubba's
428 E Front St, Traverse City, MI 49686
Randy's Diner Inc
1120 Carver St, Traverse City, MI 49686
Lobdell's A Teaching Restaurant
715 E Front St, Traverse City, MI 49686
Peninsula Grill
14091 Center Rd, Traverse City, MI 49686
Mission Table
13512 Peninsula Dr, Traverse City, MI 49686
Old Mission General Store
18250 Mission Rd, Traverse City, MI 49686
Dq
1660 N Us Highway 31 N, Traverse City, MI 49686
Nearby Restaurants
The Grille
100 Grand Traverse Blvd, Acme, MI 49610 (0.3 miles away)
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!
