Interested in purchasing investment houses in the 95340 zip code in Merced, CA?
The zip code 95340 is in both Merced and Mariposa counties with a latitude of -120.424260000000 and longitude of 37.339050000000, is in the state of California. The average asking price of houses and condos is $262,244.00 and the average sale price was $138,374.00. this regions is classified as the Fresno - Visalia metro area and is in the 209 area code. The location in degrees is 37° 20' 20.58" N, 120° 25' 27.336" W. The county F.I.P.S. is 06047. This zip code contains four cities including Merced, CA (15.74%), Tuttle, CA (2.53%), University of California Merced, CA (1.79%), and Bear Creek, CA (0.14%) The total land area is 39.7 square miles and the water area is 0.7 square miles. The elevation in this area is 184 - 627 feet. The zip code is on pacific standard time and observes daylight savings time.
The zip 95340 is in county number 047 and is L. Sector , L. Segment , H. Sector , and H. Segment . The population was 36,217 in 2019 and 33,931 in 2010. Of this, the break down in 2019 was 32,908 urban and 3,308 rural. This further breaks down to 17,619 males (48.6%) and 18,598 females (51.4%). The median age of residents is 32.9 years. The population of the greater Merced, CA area is 257,087. The population density (people per square mile) is 911. This zip code has a combined total of 12,861 houses and condos. There are 5,671 rented appartments. 47% of residents rent versus the 47% 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 $56,915 and the average salary is $43,337. The median household income of individuals is $40,013.00 and the average is $64,720.00. This zip code has a mean commute time to work of 22.8 minutes. The unemployment rate is 13.5%. Income earners by percent breakdown as 58.10% (Under $50,000), 28.10% ($50,000-$100,000), and 13.80% earn over $100,000. 19.9% of residents live below poverty line versus the 11.8% in the state that are below this line. The cost of living index is 93.9. The educational breakdown is 84.6% have a high school education or higher, 25.4% have a bachelor's degree or higher, and 11.9% have some kind of profesional degree.
This area has 11,546 households and the average size is 2.8 people. Individuals who are single and have never been married are 39.7%, 42.8% are now married, 2.0% are separated, 4.9% are widowed, and 10.6% are divorced. The average yearly contribution amount given by people to charity was $4,525 versus the state average of $4,659. The percent of residents who gave to charity was 24.8%.
The estimated median value of houses and condos is $301,648. The median monthly owner costs of mortgage holders was $1,690, where as the costs for those who don't have a mortgage are $520. The median number of rooms in houses and condos are 6.6 versus apartments which had a median number of 4.7.
The real estate tax percent rate is 0.7% which equated to an average real estate tax amount payment of $2,045. In comparision, the average real estate tax percent rate in the state is 0.7% which equated to an average real estate tax amount payment in the state of $4,142. The median housing property tax percent for residents with mortgages was 0.8% which amounted to an average tax amount of $2,311. 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 $1,723. Reported taxable interest for persons was $2,068, dividends $6,147, capital gains +$16,108, and itemized deductions $26,318. The average earned income tax credit is $2,366. The percent of individuals that use a tax preparer is 56.5%. The total average income taxes paid by individuals was $9,136. Businesses reported an average profit of $18,508.
Strings Italian Cafe
731 E Yosemite Ave, Merced, CA 95340
Bangkok Thai Restaurant
235 W Main St, Merced, CA 95340
Thai Cuisine
23 E 16th St, Merced, CA 95340
New Thai Cuisine
909 W 16th St, Merced, CA 95340
Teriyaki Don
755 E Yosemite Ave Ste H, Merced, CA 95340
Dickey's Barbecue Pit
1459 Martin Luther King Jr Way, Merced, CA 95340
Bbq-Pros
440 W 18th St, Merced, CA 95340
Paul's Place Restaurant & Bakery
2991 G St, Merced, CA 95340
Gateway Gardens
560 W 18th St, Merced, CA 95340
Black Bear Diner Merced
1435 V St, Merced, CA 95340
Five Ten Bistro
510 W Main St, Merced, CA 95340
Mainzer
655 W Main St, Merced, CA 95340
Five Star Burger
1725 Yosemite Pkwy, Merced, CA 95340
Frozen World
779 E Yosemite Ave, Merced, CA 95340
Quickly
731 E Yosemite Ave, Merced, CA 95340
Taqueria El Rincon Potosino
1711 I St, Merced, CA 95340
Maries Mexican Kitchen
259 W Main St, Merced, CA 95340
Fiesta Mexicana
1615 Martin Luther King Jr Way, Merced, CA 95340
Turmeric Indian Cuisine
731 E Yosemite Ave Ste C, Merced, CA 95340
China caff
2840 G St, Merced, CA 95340