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AREA INFORMATION

48867 (Owosso, MI)

Explore the real estate in 48867 (Owosso, MI)

Area Highlights

48867 (Owosso, MI) residents have a median age of 42.1 years old, with employment highest in the healthcare practitioners and administrative support industries.

28,233 Population

The population has increased by 0.3% since the year 2010.

11,684 Households

$58,327 /yr
Median Household Income

$140,000
Median Home Sale Price

24m 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

42.1 Median Age

Average Household Size

2.4
persons per
household

42.8%

Married Households

Community Population By Education

High School Graduate 34%
Some College 27%
Bachelors Degree 13%
Associates Degree 11%
Some High School 10%
Graduate Degree 5%
Of the total people surveyed, the most prevalent educational attainment level is High School Graduate, representing 34.2% 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)
25.6% of households have children

Area Schools

KG-5
0.3 MILES
B-
Central School
6-8
0.6 MILES
D-
Owosso Middle School
PK-8
1 MILES
Salem Lutheran School
KG-5
1 MILES
C-
Emerson School
KG-8
1.3 MILES
St Paul School
KG-5
1.3 MILES
C
Bryant School
9-12
1.3 MILES
B+
Owosso High School
9-12
1.7 MILES
D-
Lincoln Alternative High School
PK-12
2.9 MILES
Shiawassee Resd Student Learning Center West
KG-12
5.5 MILES
Spring Vale Christian School

Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area.

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Economics

$58,327 /yr
Median Household Income
$140,000
Median Sales Price
24 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 18.16% of the households.

Transportation to Work

  • Drive 92%
  • Work from Home 5%
  • Walk or Bike 3%
  • Public Transit 0%

Occupancy by Type

Owned 8,225 66%
Rented 3,459 28%
Vacant 850 7%

White vs Blue Collar Jobs







White Collar 62%
Blue Collar 38%

Employment

Employees by Industry

Employees by Occupation

Demographics

Community Population By Age

The median age for this area is 42.1 years old. The smallest percentage group is 55-64 years and the largest percentage is the 85+ years age range.

Community Population By Ethnicity

White 92%
Hispanic 4%
Other <1%
Black <1%
Asian <1%
Native American <1%
The most prevalent ethnicity is White at 92%, followed by Hispanic at 4%, Other at <1%, and Black 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
15°
32°
Mar
24°
43°
Apr
35°
57°
May
45°
69°
Jun
55°
79°
Jul
59°
83°
Aug
57°
81°
Sep
50°
74°
Oct
40°
62°
Nov
31°
47°
Dec
20°
34°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

Listings in the Area

$35,900
For sale

0 Bennington Greens Lot 53
Owosso, MI 48867

$35,900
For sale

00 Bennington Greens Lot 36
Owosso, MI 48867

$32,900
For sale

1 Bennington Green Lot 11 Drive
Owosso, MI 48867

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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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