Interested in purchasing investment houses in the 49861 zip code in Michigamme, MI?
The zip code 49861 is in both Marquette and Baraga counties with a latitude of -88.169340000000 and longitude of 46.568630000000, is in the state of Michigan. The average asking price of houses and condos is $336,818.00 and the average sale price was $54,558.00. this regions is classified as the Marquette metro area and is in the 906 area code. The location in degrees is 46° 34' 7.068" N, 88° 10' 9.624" W. The county F.I.P.S. is 26103. The total land area is 196.4 square miles and the water area is 14.1 square miles. The elevation in this area is 600 - 1834 feet. The zip code is on eastern standard time and observes daylight savings time.
The zip 49861 is in county number 013 and is L. Sector 96, L. Segment 01, H. Sector 01, and H. Segment 01. The population was 523 in 2019 and 616 in 2010. This further breaks down to 267 males (51.1%) and 255 females (48.9%). The median age of residents is 60.2 years. The population of the greater Marquette, MI area is 66,194. The population density (people per square mile) is 3. This zip code has a combined total of 753 houses and condos. There are 11 rented appartments. 5% of residents rent versus the 5% 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 $50,338 and the average salary is $35,112. The median household income of individuals is $44,234.00 and the average is $65,050.00. This zip code has a mean commute time to work of 36.1 minutes. The unemployment rate is 5.1%. Income earners by percent breakdown as 56.40% (Under $50,000), 34.00% ($50,000-$100,000), and 9.60% earn over $100,000. 9.8% of residents live below poverty line versus the 13.0% in the state that are below this line. The cost of living index is 81.4. The educational breakdown is 97.4% have a high school education or higher, 27.7% have a bachelor's degree or higher, and 14.7% have some kind of profesional degree.
This area has 279 households and the average size is 2.1 people. Individuals who are single and have never been married are 16.1%, 69.2% are now married, 0.0% are separated, 5.6% are widowed, and 9.1% are divorced. The average yearly contribution amount given by people to charity was $2,525 versus the state average of $4,225. The percent of residents who gave to charity was 15.4%.
The estimated median value of houses and condos is $171,391. The median monthly owner costs of mortgage holders was $1,324, where as the costs for those who don't have a mortgage are $423. The median number of rooms in houses and condos are 6.0 versus apartments which had a median number of 4.3.
The real estate tax percent rate is 1.0% which equated to an average real estate tax amount payment of $1,798. 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 $2,103. 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 $1,668. Reported taxable interest for persons was $817, dividends $5,200, capital gains +$6,120, and itemized deductions $24,280. The average earned income tax credit is $1,700. The percent of individuals that use a tax preparer is 61.5%. The total average income taxes paid by individuals was $9,580. Businesses reported an average profit of $3,533.
Cozy Inn
26498 Us Highway 41, Michigamme, MI 49861
Mount Shasta
290 US Highway 41, Michigamme, MI 49861
Norms Black Rail Bar
141 Kloman Ave, Republic, MI 49879 (12.2 miles away)
Forty One Steak House
9965 Us Highway 41, Champion, MI 49814 (13.1 miles away)
Ralph's Italian Deli
601 Palms Ave, Ishpeming, MI 49849 (19.3 miles away)
Hilltop Family Restaurant
18047 Us Highway 41, Lanse, MI 49946 (22.8 miles away)
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