Interested in purchasing investment houses in the 23964 zip code in Red Oak, VA?
The zip code 23964 is in both Charlotte and Mecklenburg counties with a latitude of -78.628820000000 and longitude of 36.774520000000, is in the state of Virginia. The average asking price of houses and condos is $166,636.00 and the average sale price was $152,501.00. this regions is classified as the Roanoke metro area and is in the 434 area code. The location in degrees is 36° 46' 28.272" N, 78° 37' 43.752" W. The county F.I.P.S. is 51037. The total land area is 44.1 square miles and the water area is 0.8 square miles. The elevation in this area is 377 - 449 feet. The zip code is on eastern standard time and observes daylight savings time.
The zip 23964 is in county number 037 and is L. Sector 00, L. Segment 01, H. Sector 81, and H. Segment 81. The population was 1,291 in 2019 and 1,138 in 2010. This further breaks down to 770 males (59.6%) and 521 females (40.4%). The median age of residents is 55.1 years. The population density (people per square mile) is 29. This zip code has a combined total of 672 houses and condos. There are 135 rented appartments. 24% of residents rent versus the 24% 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 $34,554 and the average salary is $31,517. The median household income of individuals is $30,513.00 and the average is $41,110.00. This zip code has a mean commute time to work of 42.4 minutes. The unemployment rate is 8.8%. Income earners by percent breakdown as 74.00% (Under $50,000), 22.00% ($50,000-$100,000), and 4.00% earn over $100,000. 9.0% of residents live below poverty line versus the 9.9% in the state that are below this line. The cost of living index is 83.6. The educational breakdown is 70.9% have a high school education or higher, 9.7% have a bachelor's degree or higher, and 4.7% have some kind of profesional degree.
This area has 470 households and the average size is 2.3 people. Individuals who are single and have never been married are 37.8%, 42.0% are now married, 4.8% are separated, 11.8% are widowed, and 3.5% are divorced. The average yearly contribution amount given by people to charity was $2,871 versus the state average of $4,443. The percent of residents who gave to charity was 14.6%.
The estimated median value of houses and condos is $95,426. The median monthly owner costs of mortgage holders was $861, where as the costs for those who don't have a mortgage are $283. The median number of rooms in houses and condos are 5.9 versus apartments which had a median number of 5.2.
The real estate tax percent rate is 0.4% which equated to an average real estate tax amount payment of $379. 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 $2,322. The median housing property tax percent for residents with mortgages was 0.6% which amounted to an average tax amount of $551. Conversely, the median housing property tax percent for residents who don't have mortgages was 0.4% which amounted to an average tax amount of $366. Reported taxable interest for persons was $681, dividends $800, capital gains +$4,000, and itemized deductions $15,022. The average earned income tax credit is $2,458. The percent of individuals that use a tax preparer is 56.3%. The total average income taxes paid by individuals was $3,589. Businesses reported an average profit of $4,217.
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