Interested in purchasing investment houses in the 49768 zip code in Paradise, MI?
The zip code 49768 is in Chippewa county with a latitude of -85.133050000000 and longitude of 46.644270000000, is in the state of Michigan. The average asking price of houses and condos is $203,714.00 and the average sale price was $136,146.00. this regions is classified as the Traverse City metro area and is in the 906 area code. The location in degrees is 46° 38' 39.372" N, 85° 7' 58.98" W. The county F.I.P.S. is 26033. The total land area is 164.7 square miles and the water area is 31.2 square miles. The elevation in this area is 600 - 846 feet. The zip code is on eastern standard time and observes daylight savings time.
The zip 49768 is in county number 033 and is L. Sector 00, L. Segment 01, H. Sector 59, and H. Segment 59. The population was 452 in 2019 and 476 in 2010. This further breaks down to 232 males (51.3%) and 220 females (48.7%). The median age of residents is 55.3 years. The population of the greater Sault Ste. Marie, MI area is 38,837. The population density (people per square mile) is 3. This zip code has a combined total of 1,106 houses and condos. There are 33 rented appartments. 18% of residents rent versus the 18% 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 $35,204 and the average salary is $23,540. The median household income of individuals is $37,025.00 and the average is $48,630.00. This zip code has a mean commute time to work of 12.0 minutes. The unemployment rate is 7.2%. Income earners by percent breakdown as 64.00% (Under $50,000), 29.80% ($50,000-$100,000), and 6.20% earn over $100,000. 26.1% of residents live below poverty line versus the 13.0% in the state that are below this line. The cost of living index is 84.2. The educational breakdown is 96.6% have a high school education or higher, 30.7% have a bachelor's degree or higher, and 10.4% have some kind of profesional degree.
This area has 240 households and the average size is 2.4 people. Individuals who are single and have never been married are 24.7%, 59.3% are now married, 1.0% are separated, 8.1% are widowed, and 6.9% are divorced. The average yearly contribution amount given by people to charity was $1,400 versus the state average of $4,225. The percent of residents who gave to charity was 13.0%.
The estimated median value of houses and condos is $154,583. The median monthly owner costs of mortgage holders was $1,218, where as the costs for those who don't have a mortgage are $404. The median number of rooms in houses and condos are 5.4 versus apartments which had a median number of 7.6.
The real estate tax percent rate is 1.1% which equated to an average real estate tax amount payment of $1,639. 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 $2,209. Conversely, the median housing property tax percent for residents who don't have mortgages was 1.0% which amounted to an average tax amount of $1,459. Reported taxable interest for persons was $664, dividends $1,620, and itemized deductions $15,620. The average earned income tax credit is $1,533. The percent of individuals that use a tax preparer is 56.5%. The total average income taxes paid by individuals was $4,600. Businesses reported an average profit of $975.
Wheelhouse Diner Inc
32520 W M 123, Paradise, MI 49768
Berry Patch Gifts & Bakery & Restaurant
8234 N M 123, Paradise, MI 49768
Brown Fisheries Fish House
32638 W M 123, Paradise, MI 49768
Tahquamenon Falls Brewery & Pub
39924 W M 123, Paradise, MI 49768
Tahquamenon Falls Brewery & Pub
Paradise, MI 49768
Ebbys
8234 N M 123, Paradise, MI 49768
The Inn Gastropub & Smokehouse
8112 N M 123, Paradise, MI 49768
Fresh Coast Cafe
8239 N M 123, Paradise, MI 49768