Interested in purchasing investment houses in the 49747 zip code in Hubbard Lake, MI?
The zip code 49747 is in both Alpena and Alcona counties with a latitude of -83.642060000000 and longitude of 44.851120000000, is in the state of Michigan. The average asking price of houses and condos is $163,500.00 and the average sale price was $83,608.00. this regions is classified as the Alpena metro area and is in the 989 area code. The location in degrees is 44° 51' 4.032" N, 83° 38' 31.416" W. The county F.I.P.S. is 26007. The total land area is 96.7 square miles and the water area is 0.2 square miles. The elevation in this area is 728 - 896 feet. The zip code is on eastern standard time and observes daylight savings time.
The zip 49747 is in county number 001 and is L. Sector 96, L. Segment 00, H. Sector 00, and H. Segment 00. The population was 1,974 in 2019 and 1,921 in 2010. This further breaks down to 990 males (50.2%) and 983 females (49.8%). The median age of residents is 57.6 years. The population of the greater Alpena, MI area is 29,370. The population density (people per square mile) is 20. This zip code has a combined total of 1,827 houses and condos. There are 126 rented appartments. 14% of residents rent versus the 14% 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 $42,034 and the average salary is $29,565. The median household income of individuals is $42,768.00 and the average is $54,570.00. This zip code has a mean commute time to work of 31.2 minutes. The unemployment rate is 6.2%. Income earners by percent breakdown as 60.20% (Under $50,000), 30.20% ($50,000-$100,000), and 9.70% earn over $100,000. 13.0% of residents live below poverty line versus the 13.0% in the state that are below this line. The cost of living index is 82.6. The educational breakdown is 89.7% have a high school education or higher, 18.7% have a bachelor's degree or higher, and 7.6% have some kind of profesional degree.
This area has 856 households and the average size is 2.2 people. Individuals who are single and have never been married are 17.6%, 59.4% are now married, 1.0% are separated, 8.3% are widowed, and 13.8% are divorced. The average yearly contribution amount given by people to charity was $2,900 versus the state average of $4,225. The percent of residents who gave to charity was 17.7%.
The estimated median value of houses and condos is $154,252. The median monthly owner costs of mortgage holders was $1,080, where as the costs for those who don't have a mortgage are $381. The median number of rooms in houses and condos are 5.8 versus apartments which had a median number of 5.5.
The real estate tax percent rate is 0.9% which equated to an average real estate tax amount payment of $1,422. 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 $1,520. Conversely, the median housing property tax percent for residents who don't have mortgages was 0.8% which amounted to an average tax amount of $1,331. Reported taxable interest for persons was $1,028, dividends $2,874, capital gains +$5,886, and itemized deductions $17,179. The average earned income tax credit is $2,045. The percent of individuals that use a tax preparer is 67.1%. The total average income taxes paid by individuals was $5,500. Businesses reported an average profit of $9,900.
North End Restaurant
1575 Hubert Rd, Hubbard Lake, MI 49747
Cedar Grove Bar & Grill
14502 Hubbard Lake Rd, Hubbard Lake, MI 49747
Churchill Pointe Inn
5700 Bennett Rd, Hubbard Lake, MI 49747
The Stone Bar & Grill
7002 Hubert Rd, Hubbard Lake, MI 49747
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