Interested in purchasing investment houses in the 49256 zip code in Morenci, MI?
The zip code 49256 is in Lenawee county with a latitude of -84.218590000000 and longitude of 41.749980000000, is in the state of Michigan. The average asking price of houses and condos is $75,903.00 and the average sale price was $56,727.00. this regions is classified as the Toledo metro area and is in the 517 area code. The location in degrees is 41° 44' 59.928" N, 84° 13' 6.924" W. The county F.I.P.S. is 26091. The total land area is 58.9 square miles and the water area is 0.1 square miles. The elevation in this area is 751 - 866 feet. The zip code is on eastern standard time and observes daylight savings time.
The zip 49256 is in county number 091 and is L. Sector 00, L. Segment 01, H. Sector 17, and H. Segment 17. The population was 3,790 in 2019 and 3,888 in 2010. This further breaks down to 1,877 males (49.5%) and 1,913 females (50.5%). The median age of residents is 40.9 years. The population of the greater Adrian, MI area is 102,586. The population density (people per square mile) is 64. This zip code has a combined total of 1,695 houses and condos. There are 385 rented appartments. 25% of residents rent versus the 25% 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 $40,377 and the average salary is $35,376. The median household income of individuals is $49,359.00 and the average is $45,170.00. This zip code has a mean commute time to work of 29.0 minutes. The unemployment rate is 5.3%. Income earners by percent breakdown as 50.70% (Under $50,000), 39.20% ($50,000-$100,000), and 10.00% earn over $100,000. 17.4% of residents live below poverty line versus the 13.0% in the state that are below this line. The cost of living index is 83.5. The educational breakdown is 87.5% have a high school education or higher, 12.0% have a bachelor's degree or higher, and 2.9% have some kind of profesional degree.
This area has 1,458 households and the average size is 2.4 people. Individuals who are single and have never been married are 28.7%, 49.2% are now married, 0.8% are separated, 8.0% are widowed, and 13.3% are divorced. The average yearly contribution amount given by people to charity was $2,932 versus the state average of $4,225. The percent of residents who gave to charity was 11.4%.
The estimated median value of houses and condos is $95,758. The median monthly owner costs of mortgage holders was $975, where as the costs for those who don't have a mortgage are $457. The median number of rooms in houses and condos are 6.8 versus apartments which had a median number of 4.7.
The real estate tax percent rate is 1.8% which equated to an average real estate tax amount payment of $1,757. 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 1.9% which amounted to an average tax amount of $1,858. Conversely, the median housing property tax percent for residents who don't have mortgages was 1.7% which amounted to an average tax amount of $1,633. Reported taxable interest for persons was $693, dividends $1,895, capital gains +$17,067, and itemized deductions $17,010. The average earned income tax credit is $2,229. The percent of individuals that use a tax preparer is 68.9%. The total average income taxes paid by individuals was $5,438. Businesses reported an average profit of $4,621.
Village Inn
121 W Main St, Morenci, MI 49256
Morenci Pub
113 North St, Morenci, MI 49256
Jerry's Beef & Deli
12455 Silver Creek Ln, Morenci, MI 49256
Pizza Box
142 W Main St, Morenci, MI 49256
Pearl's Pizza Palace
129 W Main St, Morenci, MI 49256
Mel's Place
106 E Main St, Fayette, OH 43521 (7.2 miles away)
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