Interested in purchasing investment houses in the 21545 zip code in Mount Savage, MD?
The zip code 21545 is in Allegany county with a latitude of -78.863700000000 and longitude of 39.700930000000, is in the state of Maryland. The average asking price of houses and condos is $90,563.00 and the average sale price was $64,071.00. this regions is classified as the Washington D and consists of the following area codes: 227, 240, and 301. The location in degrees is 39° 42' 3.348" N, 78° 51' 49.32" W. The county F.I.P.S. is 24001. This zip code contains two cities including Mount Savage, MD (6.40%), and Barrelville, MD (0.31%) The total land area is 14.4 square miles and the water area is 0.0 square miles. The elevation in this area is 1030 - 2412 feet. The zip code is on eastern standard time and observes daylight savings time.
The zip 21545 is in county number 001 and is L. Sector 03, L. Segment 50, H. Sector 19, and H. Segment 19. The population was 1,758 in 2019 and 1,940 in 2010. Of this, the break down in 2019 was 588 urban and 1,169 rural. This further breaks down to 862 males (49.0%) and 896 females (51.0%). The median age of residents is 48.4 years. The population of the greater Cumberland, MD-WV area is 100,373. The population density (people per square mile) is 122. This zip code has a combined total of 915 houses and condos. There are 119 rented appartments. 15% of residents rent versus the 15% 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 $38,182 and the average salary is $35,505. The median household income of individuals is $40,574.00 and the average is $45,420.00. This zip code has a mean commute time to work of 24.0 minutes. The unemployment rate is 7.1%. Income earners by percent breakdown as 65.80% (Under $50,000), 25.60% ($50,000-$100,000), and 8.60% earn over $100,000. 9.3% of residents live below poverty line versus the 9.0% in the state that are below this line. The cost of living index is 90.4. The educational breakdown is 89.4% have a high school education or higher, 9.6% have a bachelor's degree or higher, and 4.1% have some kind of profesional degree.
This area has 767 households and the average size is 2.2 people. Individuals who are single and have never been married are 24.1%, 55.4% are now married, 2.6% are separated, 8.7% are widowed, and 9.3% are divorced. The average yearly contribution amount given by people to charity was $2,454 versus the state average of $4,452. The percent of residents who gave to charity was 14.4%.
The estimated median value of houses and condos is $122,738. The median monthly owner costs of mortgage holders was $860, where as the costs for those who don't have a mortgage are $385. The median number of rooms in houses and condos are 6.5 versus apartments which had a median number of 6.5.
The real estate tax percent rate is 0.9% which equated to an average real estate tax amount payment of $1,116. In comparision, the average real estate tax percent rate in the state is 1.1% which equated to an average real estate tax amount payment in the state of $3,515. The median housing property tax percent for residents with mortgages was 0.8% which amounted to an average tax amount of $1,096. Conversely, the median housing property tax percent for residents who don't have mortgages was 1.0% which amounted to an average tax amount of $1,144. Reported taxable interest for persons was $426, dividends $860, capital gains +$1,014, and itemized deductions $17,524. The average earned income tax credit is $2,075. The percent of individuals that use a tax preparer is 54.4%. The total average income taxes paid by individuals was $6,276. Businesses reported an average profit of $4,760.
Iron Rail Diner
15800 Mount Savage Rd NW, Mount Savage, MD 21545
Mario's Italian Eatery
314 E Main St, Frostburg, MD 21532 (4.6 miles away)
The Seafood Shack
15706 Mcmullen Hwy SW, Cumberland, MD 21502 (7.1 miles away)
Runway Cafe
RR 1 Box 98, Wiley Ford, WV 26767 (7.9 miles away)
The Morguen Toole Company
130 Center St, Meyersdale, PA 15552 (10.3 miles away)
Zebs Barbeque
51 Potomac St, Ridgeley, WV 26753 (10.4 miles away)