Interested in purchasing investment houses in the 49916 zip code in Chassell, MI?
The zip code 49916 is in Houghton county with a latitude of -88.591770000000 and longitude of 46.980110000000, is in the state of Michigan. The average asking price of houses and condos is $94,000.00 and the average sale price was $62,025.00. this regions is classified as the Marquette metro area and is in the 906 area code. The location in degrees is 46° 58' 48.396" N, 88° 35' 30.372" W. The county F.I.P.S. is 26061. The total land area is 106.8 square miles and the water area is 6.5 square miles. The elevation in this area is 600 - 1224 feet. The zip code is on eastern standard time and observes daylight savings time.
The zip 49916 is in county number 061 and is L. Sector 00, L. Segment 11, H. Sector 22, and H. Segment 22. The population was 3,046 in 2019 and 2,765 in 2010. Of this, the break down in 2019 was 585 urban and 2,460 rural. This further breaks down to 1,670 males (54.8%) and 1,376 females (45.2%). The median age of residents is 39.8 years. The population of the greater Houghton, MI area is 37,262. The population density (people per square mile) is 29. This zip code has a combined total of 1,588 houses and condos. There are 164 rented appartments. 15% of residents rent versus the 15% 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 $52,815 and the average salary is $45,181. The median household income of individuals is $40,047.00 and the average is $60,260.00. This zip code has a mean commute time to work of 20.1 minutes. The unemployment rate is 3.8%. Income earners by percent breakdown as 62.20% (Under $50,000), 28.00% ($50,000-$100,000), and 9.80% earn over $100,000. 3.6% 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 96.0% have a high school education or higher, 46.0% have a bachelor's degree or higher, and 15.2% have some kind of profesional degree.
This area has 1,127 households and the average size is 2.7 people. Individuals who are single and have never been married are 27.2%, 63.8% are now married, 0.0% are separated, 2.8% are widowed, and 6.2% are divorced. The average yearly contribution amount given by people to charity was $3,891 versus the state average of $4,225. The percent of residents who gave to charity was 18.4%.
The estimated median value of houses and condos is $183,554. The median monthly owner costs of mortgage holders was $1,314, where as the costs for those who don't have a mortgage are $477. The median number of rooms in houses and condos are 6.7 versus apartments which had a median number of 3.9.
The real estate tax percent rate is 1.2% which equated to an average real estate tax amount payment of $2,245. 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 1.4% which amounted to an average tax amount of $2,528. Conversely, the median housing property tax percent for residents who don't have mortgages was 1.1% which amounted to an average tax amount of $1,982. Reported taxable interest for persons was $1,265, dividends $4,435, capital gains +$3,619, and itemized deductions $21,496. The average earned income tax credit is $1,888. The percent of individuals that use a tax preparer is 50.4%. The total average income taxes paid by individuals was $8,133. Businesses reported an average profit of $7,623.
Lacey's Curbside Bistro
42340 Wilson Memorial Dr, Chassell, MI 49916
Greenlight Restaurant Lounge
22095 7th St, Chassell, MI 49916
Iron Horse Restaurant & Bar Inc
39795 Us Highway 41, Chassell, MI 49916
Feed Mill Cafe
35009 Tapiola Rd, Chassell, MI 49916