Interested in purchasing investment houses in the 49931 zip code in Houghton, MI?
The zip code 49931 is in Houghton county with a latitude of -88.603770000000 and longitude of 47.130470000000, is in the state of Michigan. The average asking price of houses and condos is $127,699.00 and the average sale price was $65,000.00. this regions is classified as the Marquette metro area and is in the 906 area code. The location in degrees is 47° 7' 49.692" N, 88° 36' 13.572" W. The county F.I.P.S. is 26061. The total land area is 28.4 square miles and the water area is 2.7 square miles. The elevation in this area is 719 - 968 feet. The zip code is on eastern standard time and observes daylight savings time.
The zip 49931 is in county number 061 and is L. Sector , L. Segment , H. Sector , and H. Segment . The population was 9,704 in 2019 and 9,630 in 2010. Of this, the break down in 2019 was 8,176 urban and 1,527 rural. This further breaks down to 5,948 males (61.3%) and 3,755 females (38.7%). The median age of residents is 23.3 years. The population of the greater Houghton, MI area is 37,262. The population density (people per square mile) is 342. This zip code has a combined total of 3,813 houses and condos. There are 1,909 rented appartments. 58% of residents rent versus the 58% 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 $49,053 and the average salary is $41,112. The median household income of individuals is $30,873.00 and the average is $60,740.00. This zip code has a mean commute time to work of 14.2 minutes. The unemployment rate is 4.7%. Income earners by percent breakdown as 67.10% (Under $50,000), 24.10% ($50,000-$100,000), and 8.80% earn over $100,000. 30.0% of residents live below poverty line versus the 13.0% in the state that are below this line. The cost of living index is 84.3. The educational breakdown is 96.7% have a high school education or higher, 49.1% have a bachelor's degree or higher, and 27.9% have some kind of profesional degree.
This area has 3,164 households and the average size is 2.3 people. Individuals who are single and have never been married are 66.0%, 24.4% are now married, 0.6% are separated, 3.1% are widowed, and 6.0% are divorced. The average yearly contribution amount given by people to charity was $3,702 versus the state average of $4,225. The percent of residents who gave to charity was 19.2%.
The estimated median value of houses and condos is $180,790. The median monthly owner costs of mortgage holders was $1,291, where as the costs for those who don't have a mortgage are $514. The median number of rooms in houses and condos are 6.4 versus apartments which had a median number of 3.3.
The real estate tax percent rate is 1.4% which equated to an average real estate tax amount payment of $2,554. 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 $2,735. Conversely, the median housing property tax percent for residents who don't have mortgages was 1.4% which amounted to an average tax amount of $2,405. Reported taxable interest for persons was $1,279, dividends $5,692, capital gains +$4,181, and itemized deductions $20,897. The average earned income tax credit is $1,621. The percent of individuals that use a tax preparer is 43.1%. The total average income taxes paid by individuals was $8,389. Businesses reported an average profit of $11,739.
Pilgrim River Steakhouse
47409 Us Highway 41, Houghton, MI 49931
Sky Sushi
401 Shelden Ave, Houghton, MI 49931
Baby E's BBQ
850 W Sharon Ave, Houghton, MI 49931
Baby E's BBQ
501 Memorial Rd, Houghton, MI 49931
Victoria's Kitchen
518 Shelden Ave, Houghton, MI 49931
Roy's Pasties & Bakery
305 W Lakeshore Dr, Houghton, MI 49931
Ambassador Restaurant
126 Shelden Ave, Houghton, MI 49931
Rock House Grille and Tavern
915 Razorback Dr, Houghton, MI 49931
Dq
902 Razorback Dr, Houghton, MI 49931
Armandos Inc
517 Shelden Ave, Houghton, MI 49931
Schmidt's Corner Bar & Grill
16810 Fire Hall Rd, Houghton, MI 49931
Four Seasons Tea Room
606 Shelden Ave, Houghton, MI 49931
Rodeo Mexican Kitchen
200 Pearl St Ste 7, Houghton, MI 49931
Keweenaw Brewing Company
408 Shelden Ave, Houghton, MI 49931
Jj's Wok N Grill
200 Pearl St, Houghton, MI 49931
Hunan Garden
301 Shelden Ave, Houghton, MI 49931
Ming's Asian Bistro
901 W Sharon Ave, Houghton, MI 49931
Joey's Seafood & Grill
304 Shelden Ave, Houghton, MI 49931
Downtowner Lounge
100 Shelden Ave, Houghton, MI 49931
Suomi Home Bakery & Restaurant
54 Huron St, Houghton, MI 49931