Interested in purchasing investment houses in the 49853 zip code in Mc Millan, MI?
The zip code 49853 is in Luce county with a latitude of -85.745040000000 and longitude of 46.359410000000, is in the state of Michigan. The average asking price of houses and condos is $161,273.00 and the average sale price was $93,512.00. this regions is classified as the Traverse City metro area and is in the 906 area code. The location in degrees is 46° 21' 33.876" N, 85° 44' 42.144" W. The county F.I.P.S. is 26095. The total land area is 169.6 square miles and the water area is 10.8 square miles. The elevation in this area is 702 - 984 feet. The zip code is on eastern standard time and observes daylight savings time.
The zip 49853 is in county number 097 and is L. Sector 96, L. Segment 01, H. Sector 01, and H. Segment 01. The population was 1,153 in 2019 and 1,278 in 2010. This further breaks down to 610 males (52.9%) and 542 females (47.1%). The median age of residents is 62.5 years. The population density (people per square mile) is 7. This zip code has a combined total of 1,500 houses and condos. There are 20 rented appartments. 4% of residents rent versus the 4% 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 $48,811 and the average salary is $36,513. The median household income of individuals is $38,111.00 and the average is $53,580.00. This zip code has a mean commute time to work of 20.3 minutes. The unemployment rate is 6.0%. Income earners by percent breakdown as 66.30% (Under $50,000), 27.30% ($50,000-$100,000), and 6.40% earn over $100,000. 12.4% of residents live below poverty line versus the 13.0% in the state that are below this line. The cost of living index is 81.2. The educational breakdown is 90.3% have a high school education or higher, 22.3% have a bachelor's degree or higher, and 4.6% have some kind of profesional degree.
This area has 566 households and the average size is 2.1 people. Individuals who are single and have never been married are 13.1%, 65.8% are now married, 0.1% are separated, 10.8% are widowed, and 10.1% are divorced. The average yearly contribution amount given by people to charity was $3,238 versus the state average of $4,225. The percent of residents who gave to charity was 14.5%.
The estimated median value of houses and condos is $130,699. The median monthly owner costs of mortgage holders was $966, where as the costs for those who don't have a mortgage are $362. The median number of rooms in houses and condos are 5.8 versus apartments which had a median number of 5.1.
The real estate tax percent rate is 0.9% which equated to an average real estate tax amount payment of $1,150. 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 $1,291. 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 $984. Reported taxable interest for persons was $636, dividends $1,060, capital gains +$3,543, and itemized deductions $19,660. The average earned income tax credit is $2,129. The percent of individuals that use a tax preparer is 65.5%. The total average income taxes paid by individuals was $4,950. Businesses reported an average profit of $6,000.
Ten Curves Rustic Inn
24896 County Road 98, Mc Millan, MI 49853
Triangle Restaurant
21053 State Highway M28, Mc Millan, MI 49853
Cobblestone Bar & Grill
7481 County Road 415, Mc Millan, MI 49853
Moose Du Nord
23924 County Road 98, Mc Millan, MI 49853
Chamberlin's Ole Forest Inn
N9450 Manistique Lakes Rd, Curtis, MI 49820 (6.9 miles away)
Beary Patch Restaurant
W14740 Us Highway 2, Engadine, MI 49827 (8.9 miles away)