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AREA INFORMATION

48464 (Otter Lake, MI)

Explore the real estate in 48464 (Otter Lake, MI)

Area Highlights

48464 (Otter Lake, MI) residents have a median age of 50.6 years old, with employment highest in the personal care and sales industries.

2,000 Population

781 Households

$64,991 /yr
Median Household Income

$381,000
Median Home Sale Price

35m Median Commute Time

Most people in this area drive to work.

Area Map

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Median Age

Median age is the age that divides a population into two numerically equally sized groups; that is, half the people are younger than this age and half are older. It is a single index that summarizes the age distribution of a population.

LEGEND

  • 61+ years old
  • 51 to 60 years old
  • 41 to 50 years old
  • 31 to 40 years old
  • 21 to 30 years old
  • 11 to 20 years old
  • 0 to 10 years old

Median Home Price

The median sale price measures the “middle” price of homes that sold, meaning that half of the homes sold for a higher price and half sold for less.

LEGEND

  • $2,000,000+
  • $1,000,000 to $2,000,000
  • $800,000 to $1,000,000
  • $600,000 to $800,000
  • $400,000 to $600,000
  • $200,000 to $400,000
  • $0 to $200,000

Median Household Income

The median household income is the income amount that divides a population into two equal groups, half having a household income above that amount, and half having a household income below that amount.

LEGEND

  • $500,000+ per year
  • $250,000 to $500,000 per year
  • $150,000 to $250,000 per year
  • $100,000 to $150,000 per year
  • $75,000 to $100,000 per year
  • $50,000 to $75,000 per year
  • $0 to $50,000 per year

Family & Education

50.6 Median Age

Average Household Size

2.6
persons per
household

60.7%

Married Households

Community Population By Education

High School Graduate 41%
Some College 26%
Bachelors Degree 11%
Some High School 11%
Associates Degree 8%
Graduate Degree 4%
Of the total people surveyed, the most prevalent educational attainment level is High School Graduate, representing 40.84% of the population.

Household Family Expenses vs National Average

This location’s average annual expenditures compared to the national average. Index score (100=National Average)
27.4% of households have children

Economics

$64,991 /yr
Median Household Income
$381,000
Median Sales Price
35 min
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Household by Income

Out of the households in this area, the largest income group is $50-74,999k representing 22.19% of the households.

Transportation to Work

  • Drive 88%
  • Work from Home 9%
  • Public Transit 2%
  • Walk or Bike 1%

Occupancy by Type

Owned 712 80%
Vacant 110 12%
Rented 69 8%

White vs Blue Collar Jobs







White Collar 58%
Blue Collar 42%

Employment

Employees by Industry

Employees by Occupation

Demographics

Community Population By Age

The median age for this area is 50.6 years old. The smallest percentage group is 55-64 years and the largest percentage is the 0-5 years age range.

Community Population By Ethnicity

White 91%
Hispanic 4%
Other <1%
Native American <1%
Black <1%
Asian <1%
The most prevalent ethnicity is White at 91%, followed by Hispanic at 4%, Other at <1%, and Native American at <1%.

Crime & Pollution

Crime vs National Average

This location’s average annual crime rates compared to the national average. Index score (100=National Average)

Pollution vs National Average

This location’s average annual pollution rates compared to the national average. Index score (100=National Average)

Weather

83° July
Hottest Average Month
15° January
Coldest Average Month

Severe Weather

This location’s average annual severe weather events compared to the national average. Index score (100=National Average)

Average Temperature by Month

Low (°F)
High (°F)
Jan
15°
30°
Feb
16°
33°
Mar
24°
43°
Apr
35°
57°
May
45°
69°
Jun
55°
78°
Jul
59°
83°
Aug
57°
80°
Sep
50°
73°
Oct
40°
61°
Nov
31°
46°
Dec
20°
34°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

Listings in the Area

$42,400
For sale

4309 Briggs Rd
Otter Lake, MI 48464

$14,900
For sale
0.05 acres

00 BOUCHER Road
Otter Lake, MI 48464

$239,999
For sale
3 beds • 1 baths • 1 half baths • 1,100 sqft

9676 BOUCHER Road
Otter Lake, MI 48464

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Data powered by Attom Data Solutions. Copyright© 2024. Information deemed reliable but not guaranteed.

* Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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