Interested in purchasing investment houses in the 49795 zip code in Vanderbilt, MI?
The zip code 49795 is in both Otsego and Cheboygan counties with a latitude of -84.576570000000 and longitude of 45.158770000000, is in the state of Michigan. The average asking price of houses and condos is $120,122.00 and the average sale price was $52,000.00. this regions is classified as the Traverse City metro area and is in the 989 area code. The location in degrees is 45° 9' 31.572" N, 84° 34' 35.652" W. The county F.I.P.S. is 26031. The total land area is 130.6 square miles and the water area is 0.8 square miles. The elevation in this area is 915 - 1335 feet. The zip code is on eastern standard time and observes daylight savings time.
The zip 49795 is in county number 031 and is L. Sector 96, L. Segment 01, H. Sector 01, and H. Segment 01. The population was 1,958 in 2019 and 2,097 in 2010. This further breaks down to 1,053 males (53.8%) and 904 females (46.2%). The median age of residents is 47.1 years. The population density (people per square mile) is 15. This zip code has a combined total of 1,317 houses and condos. There are 161 rented appartments. 19% of residents rent versus the 19% 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 $36,828 and the average salary is $30,597. The median household income of individuals is $38,348.00 and the average is $43,540.00. This zip code has a mean commute time to work of 21.1 minutes. The unemployment rate is 5.6%. Income earners by percent breakdown as 65.70% (Under $50,000), 28.60% ($50,000-$100,000), and 5.70% earn over $100,000. 16.3% of residents live below poverty line versus the 13.0% in the state that are below this line. The cost of living index is 81.3. The educational breakdown is 86.6% have a high school education or higher, 12.3% have a bachelor's degree or higher, and 3.1% have some kind of profesional degree.
This area has 875 households and the average size is 2.3 people. Individuals who are single and have never been married are 22.2%, 53.1% are now married, 1.8% are separated, 4.7% are widowed, and 18.2% are divorced. The average yearly contribution amount given by people to charity was $2,490 versus the state average of $4,225. The percent of residents who gave to charity was 10.9%.
The estimated median value of houses and condos is $124,618. The median monthly owner costs of mortgage holders was $936, where as the costs for those who don't have a mortgage are $359. The median number of rooms in houses and condos are 5.6 versus apartments which had a median number of 4.2.
The real estate tax percent rate is 1.0% which equated to an average real estate tax amount payment of $1,225. 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 1.0% which amounted to an average tax amount of $1,294. 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 $1,056. Reported taxable interest for persons was $733, dividends $1,473, capital gains +$933, and itemized deductions $16,629. The average earned income tax credit is $2,127. The percent of individuals that use a tax preparer is 47.8%. The total average income taxes paid by individuals was $4,494. Businesses reported an average profit of $4,600.
Elkhorn Grill
8270 Mill Street, Vanderbilt, MI 49795
Cyber Cafe
540 E Main St, Vanderbilt, MI 49795
Gateway Restaurant
533 E Main St, Vanderbilt, MI 49795
Granny's Kitchen
7800 Mill St, Vanderbilt, MI 49795
The Whippy Dip
10946 Old 27 Hwy N, Vanderbilt, MI 49795
Mill Street Pizza
7800 Mill St, Vanderbilt, MI 49795