Interested in purchasing investment houses in the 48933 zip code in Lansing, MI?
The zip code 48933 is in Ingham county with a latitude of -84.554280000000 and longitude of 42.732500000000, is in the state of Michigan. The average asking price of houses and condos is $162,143.00 and the average sale price was $82,000.00. this regions is classified as the Lansing metro area and is in the 517 area code. The location in degrees is 42° 43' 57" N, 84° 33' 15.408" W. The county F.I.P.S. is 26065. The total land area is 0.8 square miles and the water area is 0.0 square miles. The elevation in this area is 863 - 863 feet. The zip code is on eastern standard time and observes daylight savings time.
The zip 48933 is in county number 065 and is L. Sector 10, L. Segment , H. Sector , and H. Segment . The population was 2,665 in 2019 and 2,530 in 2010. This further breaks down to 1,361 males (51.1%) and 1,304 females (48.9%). The median age of residents is 28.9 years. The population of the greater Lansing-East Lansing, MI area is 457,943. The population density (people per square mile) is 3,534. This zip code has a combined total of 1,815 houses and condos. There are 1,420 rented appartments. 96% of residents rent versus the 96% 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 $26,073 and the average salary is $26,076. The median household income of individuals is $20,804.00 and the average is $39,360.00. This zip code has a mean commute time to work of 16.1 minutes. The unemployment rate is 5.0%. Income earners by percent breakdown as 79.20% (Under $50,000), 16.70% ($50,000-$100,000), and 4.10% earn over $100,000. 36.7% of residents live below poverty line versus the 13.0% in the state that are below this line. The cost of living index is 85.0. The educational breakdown is 87.6% have a high school education or higher, 39.3% have a bachelor's degree or higher, and 15.1% have some kind of profesional degree.
This area has 1,659 households and the average size is 1.8 people. Individuals who are single and have never been married are 61.6%, 19.6% are now married, 1.1% are separated, 3.0% are widowed, and 14.7% are divorced. The average yearly contribution amount given by people to charity was $5,033 versus the state average of $4,225. The percent of residents who gave to charity was 7.8%.
The estimated median value of houses and condos is $127,714. The median monthly owner costs of mortgage holders was $1,292, where as the costs for those who don't have a mortgage are $533. The median number of rooms in houses and condos are 7.7 versus apartments which had a median number of 3.2.
The real estate tax percent rate is 2.5% which equated to an average real estate tax amount payment of $3,224. 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 2.0% which amounted to an average tax amount of $2,869. Conversely, the median housing property tax percent for residents who don't have mortgages was 3.6% which amounted to an average tax amount of $4,484. Reported taxable interest for persons was $625, dividends $4,878, capital gains +$883, and itemized deductions $23,714. The average earned income tax credit is $1,357. The percent of individuals that use a tax preparer is 35.3%. The total average income taxes paid by individuals was $6,993. Businesses reported an average profit of $6,443.
Troppo
111 E Michigan Ave, Lansing, MI 48933
The Best Steak House
3020 E Kalamazoo St, Lansing, MI 48912 (1.7 miles away)
Piazzano's
1825 N Grand River Ave, Lansing, MI 48906 (2.1 miles away)
Fresh Fish
3140 S Martin Luther King Jr Blvd, Lansing, MI 48910 (2.3 miles away)
Outback Steakhouse
617 N. Canal Road, Lansing, MI 48917 (3.4 miles away)
Michigan State University
219 S Harrison Rd, East Lansing, MI 48824 (3.5 miles away)
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