Interested in purchasing investment houses in the 40351 zip code in Morehead, KY?
The zip code 40351 is in both Rowan and Fleming counties with a latitude of -83.416400000000 and longitude of 38.205480000000, is in the state of Kentucky. The average asking price of houses and condos is $170,561.00 and the average sale price was $101,022.00. this regions is classified as the Lexington metro area and is in the 606 area code. The location in degrees is 38° 12' 19.728" N, 83° 24' 59.04" W. The county F.I.P.S. is 21205. This zip code contains three cities including Morehead, KY (3.77%), Farmers, KY (0.34%), and Lakeview Heights, KY (0.05%) The total land area is 247.4 square miles and the water area is 5.8 square miles. The elevation in this area is 735 - 1132 feet. The zip code is on eastern standard time and observes daylight savings time.
The zip 40351 is in county number 205 and is L. Sector , L. Segment , H. Sector , and H. Segment . The population was 21,586 in 2019 and 20,329 in 2010. Of this, the break down in 2019 was 5,634 urban and 15,951 rural. This further breaks down to 10,526 males (48.8%) and 11,060 females (51.2%). The median age of residents is 31.2 years. The population density (people per square mile) is 87. This zip code has a combined total of 9,099 houses and condos. There are 2,988 rented appartments. 38% of residents rent versus the 38% 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 $43,216 and the average salary is $36,827. The median household income of individuals is $35,185.00 and the average is $49,990.00. This zip code has a mean commute time to work of 23.9 minutes. The unemployment rate is 3.7%. Income earners by percent breakdown as 65.70% (Under $50,000), 25.10% ($50,000-$100,000), and 9.10% earn over $100,000. 22.8% of residents live below poverty line versus the 16.3% in the state that are below this line. The cost of living index is 82.7. The educational breakdown is 85.0% have a high school education or higher, 26.6% have a bachelor's degree or higher, and 15.0% have some kind of profesional degree.
This area has 7,582 households and the average size is 2.4 people. Individuals who are single and have never been married are 40.1%, 40.9% are now married, 1.2% are separated, 5.1% are widowed, and 12.7% are divorced. The average yearly contribution amount given by people to charity was $4,225 versus the state average of $4,303. The percent of residents who gave to charity was 17.7%.
The estimated median value of houses and condos is $143,968. The median monthly owner costs of mortgage holders was $1,169, where as the costs for those who don't have a mortgage are $328. The median number of rooms in houses and condos are 6.3 versus apartments which had a median number of 4.5.
The real estate tax percent rate is 0.7% which equated to an average real estate tax amount payment of $968. In comparision, the average real estate tax percent rate in the state is 0.8% which equated to an average real estate tax amount payment in the state of $1,257. The median housing property tax percent for residents with mortgages was 0.7% which amounted to an average tax amount of $1,159. Conversely, the median housing property tax percent for residents who don't have mortgages was 0.6% which amounted to an average tax amount of $622. Reported taxable interest for persons was $1,508, dividends $3,265, capital gains +$5,618, and itemized deductions $19,583. The average earned income tax credit is $2,174. The percent of individuals that use a tax preparer is 64.2%. The total average income taxes paid by individuals was $7,083. Businesses reported an average profit of $7,139.
Ponderosa Steakhouse
1695 Flemingsburg Rd, Morehead, KY 40351
Melini's Cucina
608 E Main St, Morehead, KY 40351
Fazoli's
180 Newtowne Square Daniel Boone National Forest, Morehead, KY 40351
Pops BBQ
110 Kentucky Ave, Morehead, KY 40351
Bluegrass BBQ
178 E Main St, Morehead, KY 40351
Reno's Roadhouse
240 Kroger Ctr, Morehead, KY 40351
Speedy Cafxc3x83xc2xa9
2500 Flemingsburg Rd, Morehead, KY 40351
Wing Street
333 Flemingsburg Rd, Morehead, KY 40351
Shoney's
1617 Flemingsburg Rd, Morehead, KY 40351
David & Judy's Diner
80 Poppy Mountain Rd, Morehead, KY 40351
Down Home Diner
3333 Highway 801 Eagle Travel Plaza, Morehead, KY 40351
Don Senor
140 Toms Dr, Morehead, KY 40351
Mi Monterrey
212 Morehead Plz, Morehead, KY 40351
La Finca Mexican Restaurant
234 E Main St, Morehead, KY 40351
HomeTown Buffet
1540 Flemingsburg Rd, Morehead, KY 40351
Buffalo Wild Wings
250 Newtowne Sq, Morehead, KY 40351
Lee's Famous Recipe Chicken
411 Fraley Dr, Morehead, KY 40351
China Cafe
228 Morehead Plz, Morehead, KY 40351
Hibachi Express
408 Flemingsburg Rd, Morehead, KY 40351
Renos Roadhouse
1695 Flemingsburg Rd, Morehead, KY 40351
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