Interested in purchasing investment houses in the 49930 zip code in Hancock, MI?
The zip code 49930 is in Houghton county with a latitude of -88.539970000000 and longitude of 47.162470000000, is in the state of Michigan. The average asking price of houses and condos is $122,484.00 and the average sale price was $65,840.00. this regions is classified as the Marquette metro area and is in the 906 area code. The location in degrees is 47° 9' 44.892" N, 88° 32' 23.892" W. The county F.I.P.S. is 26061. This zip code contains two cities including Hancock, MI (5.54%), and Dollar Bay, MI (4.92%) The total land area is 48.9 square miles and the water area is 4.7 square miles. The elevation in this area is 607 - 1191 feet. The zip code is on eastern standard time and observes daylight savings time.
The zip 49930 is in county number 061 and is L. Sector , L. Segment , H. Sector , and H. Segment . The population was 7,337 in 2019 and 6,987 in 2010. Of this, the break down in 2019 was 5,479 urban and 1,857 rural. This further breaks down to 3,826 males (52.2%) and 3,510 females (47.8%). The median age of residents is 37.4 years. The population of the greater Houghton, MI area is 37,262. The population density (people per square mile) is 150. This zip code has a combined total of 3,406 houses and condos. There are 1,097 rented appartments. 40% of residents rent versus the 40% 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 $46,098 and the average salary is $38,708. The median household income of individuals is $34,841.00 and the average is $55,680.00. This zip code has a mean commute time to work of 14.2 minutes. The unemployment rate is 2.8%. Income earners by percent breakdown as 67.60% (Under $50,000), 25.10% ($50,000-$100,000), and 7.30% earn over $100,000. 16.4% of residents live below poverty line versus the 13.0% in the state that are below this line. The cost of living index is 77.8. The educational breakdown is 92.5% have a high school education or higher, 37.5% have a bachelor's degree or higher, and 16.0% have some kind of profesional degree.
This area has 2,763 households and the average size is 2.5 people. Individuals who are single and have never been married are 38.5%, 41.7% are now married, 0.5% are separated, 8.0% are widowed, and 11.3% are divorced. The average yearly contribution amount given by people to charity was $3,668 versus the state average of $4,225. The percent of residents who gave to charity was 14.3%.
The estimated median value of houses and condos is $135,675. The median monthly owner costs of mortgage holders was $1,036, where as the costs for those who don't have a mortgage are $484. The median number of rooms in houses and condos are 6.8 versus apartments which had a median number of 3.8.
The real estate tax percent rate is 1.6% which equated to an average real estate tax amount payment of $2,178. 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 1.5% which amounted to an average tax amount of $2,180. Conversely, the median housing property tax percent for residents who don't have mortgages was 1.6% which amounted to an average tax amount of $2,185. Reported taxable interest for persons was $1,266, dividends $4,175, capital gains +$4,663, and itemized deductions $20,557. The average earned income tax credit is $1,650. The percent of individuals that use a tax preparer is 46.3%. The total average income taxes paid by individuals was $7,815. Businesses reported an average profit of $11,388.
Peterson's Fish Market
49813 Us Highway 41 Quincy Hill, Hancock, MI 49930
Gemignani's Italian Restaurant
512 Quincy St, Hancock, MI 49930
Racers Burger Bistro
787 Market St, Hancock, MI 49930
La Cantina
101 E Quincy St, Hancock, MI 49930
Bleachers Sports Bar
307 Quincy St, Hancock, MI 49930
The Goal Post
300 Reservation St, Hancock, MI 49930
Nutini's Supper Club
321 Quincy St, Hancock, MI 49930
Milly's
108 Quincy St, Hancock, MI 49930
Copper Country Senior Meals
821 W Water St, Hancock, MI 49930
Daily Grind Cafe
200 Michigan St, Hancock, MI 49930
Amy J's Pasty
1000 N Lincoln Dr, Hancock, MI 49930
Gino's Restaurant & Cocktail Lounge
800 Quincy St, Hancock, MI 49930
Kaleva Cafe
234 Quincy St, Hancock, MI 49930
K.C. Bonkers Toys and Coffee
119 Quincy St, Hancock, MI 49930