Interested in purchasing investment houses in the 48708 zip code in Bay City, MI?
The zip code 48708 is in Bay county with a latitude of -83.845050000000 and longitude of 43.561900000000, is in the state of Michigan. The average asking price of houses and condos is $67,420.00 and the average sale price was $53,610.00. this regions is classified as the Flint - Saginaw metro area and is in the 989 area code. The location in degrees is 43° 33' 42.84" N, 83° 50' 42.18" W. The county F.I.P.S. is 26017. This zip code contains two cities including Bay City, MI (23.24%), and Essexville, MI (0.06%) The total land area is 27.9 square miles and the water area is 0.8 square miles. The elevation in this area is 587 - 614 feet. The zip code is on eastern standard time and observes daylight savings time.
The zip 48708 is in county number 017 and is L. Sector , L. Segment , H. Sector , and H. Segment . The population was 26,108 in 2019 and 27,262 in 2010. Of this, the break down in 2019 was 24,611 urban and 1,496 rural. This further breaks down to 13,188 males (50.5%) and 12,919 females (49.5%). The median age of residents is 41.6 years. The population of the greater Bay City, MI area is 108,427. The population density (people per square mile) is 937. This zip code has a combined total of 12,492 houses and condos. There are 3,449 rented appartments. 31% of residents rent versus the 31% 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 $37,285 and the average salary is $32,413. The median household income of individuals is $39,517.00 and the average is $43,850.00. This zip code has a mean commute time to work of 21.3 minutes. The unemployment rate is 7.0%. Income earners by percent breakdown as 60.60% (Under $50,000), 27.80% ($50,000-$100,000), and 11.60% earn over $100,000. 20.6% of residents live below poverty line versus the 13.0% in the state that are below this line. The cost of living index is 79.9. The educational breakdown is 88.7% have a high school education or higher, 17.6% have a bachelor's degree or higher, and 5.4% have some kind of profesional degree.
This area has 11,231 households and the average size is 2.3 people. Individuals who are single and have never been married are 34.1%, 40.5% are now married, 1.7% are separated, 6.8% are widowed, and 16.9% are divorced. The average yearly contribution amount given by people to charity was $3,423 versus the state average of $4,225. The percent of residents who gave to charity was 13.7%.
The estimated median value of houses and condos is $80,941. The median monthly owner costs of mortgage holders was $950, where as the costs for those who don't have a mortgage are $432. The median number of rooms in houses and condos are 6.3 versus apartments which had a median number of 4.1.
The real estate tax percent rate is 2.1% which equated to an average real estate tax amount payment of $1,714. 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 2.1% which amounted to an average tax amount of $1,707. Conversely, the median housing property tax percent for residents who don't have mortgages was 2.1% which amounted to an average tax amount of $1,728. Reported taxable interest for persons was $1,074, dividends $3,476, capital gains +$3,042, and itemized deductions $18,099. The average earned income tax credit is $2,129. The percent of individuals that use a tax preparer is 56.4%. The total average income taxes paid by individuals was $6,185. Businesses reported an average profit of $10,034.
Gatsby's Seafood & Steakhouse
203 Center Ave, Bay City, MI 48708
Costela Brazilian Steak House
110 Uptown Dr, Bay City, MI 48708
Real Seafood Company - Bay City
199 Uptown Dr, Bay City, MI 48708
G's Pizzeria & Deli
1005 Saginaw St, Bay City, MI 48708
Sushi Remix
152 Uptown Dr, Bay City, MI 48708
Bare Bones BBQ
807 Columbus Ave, Bay City, MI 48708
Kook's
400 Washington Ave, Bay City, MI 48708
Barquebc
818 Washington Ave, Bay City, MI 48708
The Black Pearl
1019 N Water St, Bay City, MI 48708
Old City Hall Restaurant
814 Saginaw St, Bay City, MI 48708
Krzysiak House
1605 Michigan Ave, Bay City, MI 48708
Riverfront Grille
1 Wenonah Park Pl, Bay City, MI 48708
Hub
1004 N Johnson St, Bay City, MI 48708
Zef's Coney Island Restaurant
201 3rd St, Bay City, MI 48708
Old Tyme Broadway
1602 Broadway St, Bay City, MI 48708
Uptown Grill
3 E Main St, Bay City, MI 48708
MI Table
213 Center Ave Ste 101, Bay City, MI 48708
Duece's Char House Restaurant
432 N Tuscola Rd, Bay City, MI 48708
Coonan's Irish Hub
1004 N Johnson St, Bay City, MI 48708
Asian Noodle
200 Center Ave, Bay City, MI 48708
Big Boy
3111 Center Ave, Essexville, MI 48732 (3.3 miles away)
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