Interested in purchasing investment houses in the 48461 zip code in North Branch, MI?
The zip code 48461 is in Lapeer county with a latitude of -83.204480000000 and longitude of 43.203990000000, is in the state of Michigan. The average asking price of houses and condos is $123,101.00 and the average sale price was $73,238.00. this regions is classified as the Detroit metro area and is in the 810 area code. The location in degrees is 43° 12' 14.364" N, 83° 12' 16.128" W. The county F.I.P.S. is 26087. This zip code contains two cities including North Branch, MI (1.58%), and Barnes Lake-Millers Lake, MI (0.46%) The total land area is 83.6 square miles and the water area is 0.6 square miles. The elevation in this area is 794 - 873 feet. The zip code is on eastern standard time and observes daylight savings time.
The zip 48461 is in county number 087 and is L. Sector 00, L. Segment 01, H. Sector 90, and H. Segment 90. The population was 8,328 in 2019 and 8,428 in 2010. This further breaks down to 4,160 males (50.0%) and 4,168 females (50.0%). The median age of residents is 39.8 years. The population of the greater Detroit-Warren-Livonia, MI area is 4,473,111. The population density (people per square mile) is 100. This zip code has a combined total of 3,369 houses and condos. There are 573 rented appartments. 18% of residents rent versus the 18% of residents in the state who rent.
The financial status of those living in this area is considered middle class. The average individual gross adjusted income is $45,679 and the average salary is $39,149. The median household income of individuals is $54,316.00 and the average is $53,080.00. This zip code has a mean commute time to work of 39.2 minutes. The unemployment rate is 4.8%. Income earners by percent breakdown as 44.50% (Under $50,000), 39.90% ($50,000-$100,000), and 15.60% earn over $100,000. 9.2% of residents live below poverty line versus the 13.0% in the state that are below this line. The cost of living index is 84.2. The educational breakdown is 91.3% have a high school education or higher, 18.3% have a bachelor's degree or higher, and 5.9% have some kind of profesional degree.
This area has 2,927 households and the average size is 2.6 people. Individuals who are single and have never been married are 25.3%, 55.4% are now married, 1.4% are separated, 5.2% are widowed, and 12.7% are divorced. The average yearly contribution amount given by people to charity was $2,808 versus the state average of $4,225. The percent of residents who gave to charity was 21.9%.
The estimated median value of houses and condos is $166,857. The median monthly owner costs of mortgage holders was $1,160, where as the costs for those who don't have a mortgage are $433. The median number of rooms in houses and condos are 6.5 versus apartments which had a median number of 5.5.
The real estate tax percent rate is 1.1% which equated to an average real estate tax amount payment of $1,770. 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 $1,781. Conversely, the median housing property tax percent for residents who don't have mortgages was 1.3% which amounted to an average tax amount of $1,736. Reported taxable interest for persons was $917, dividends $1,380, capital gains +$1,878, and itemized deductions $17,766. The average earned income tax credit is $2,339. The percent of individuals that use a tax preparer is 61.9%. The total average income taxes paid by individuals was $5,500. Businesses reported an average profit of $7,655.
BBQ Guys
5716 Falkenbury Rd, North Branch, MI 48461
Sundance Grill
4348 Snoblin Rd, North Branch, MI 48461
North Branch Bakery
4098 Huron St, North Branch, MI 48461
Brown's Family Dining
4084 Huron St, North Branch, MI 48461
Bob & Jodie's Restaurant
5836 N Lapeer Rd, North Branch, MI 48461
Taste Buds Restaurant
5836 N Lapeer Rd Ste C, North Branch, MI 48461
Brass Lamp Villa
4022 Huron St, North Branch, MI 48461
Beech Hille Diner
4084 Huron St, North Branch, MI 48461
North Branch Custard Cabin
4119 Huron St, North Branch, MI 48461
North Branch Bar & Grill
4029 Huron St, North Branch, MI 48461
Bryan's Supermarket
6002 N Lapeer Rd, North Branch, MI 48461
Hollywood & Vine
9975 Silverwood Rd, Silverwood, MI 48760 (7.8 miles away)
Fire Escape
9258 Foster St, Fostoria, MI 48435 (8.7 miles away)
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