Interested in purchasing investment houses in the 95968 zip code in Palermo, CA?
The zip code 95968 is in Butte county with a latitude of -121.551950000000 and longitude of 39.435230000000, is in the state of California. The average asking price of houses and condos is $224,857.00 and the average sale price was $78,071.00. this regions is classified as the Chico - Redding metro area and is in the 530 area code. The location in degrees is 39° 26' 6.828" N, 121° 33' 7.02" W. The county F.I.P.S. is 06007. This zip code contains two cities including Palermo, CA (95.62%), and Oroville, CA (4.38%) The total land area is 1.5 square miles and the water area is 0.0 square miles. The zip code is on pacific standard time and observes daylight savings time.
The zip 95968 is in county number 007 and is L. Sector , L. Segment , H. Sector , and H. Segment . The population was 1,244 in 2019 and 1,412 in 2010. Of this, the break down in 2019 was 1,091 urban and 152 rural. This further breaks down to 671 males (53.9%) and 573 females (46.1%). The median age of residents is 41.3 years. The population of the greater Chico, CA area is 223,877. The population density (people per square mile) is 804. This zip code has a combined total of 469 houses and condos. There are 105 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 $33,515 and the average salary is $30,816. The median household income of individuals is $35,810.00 and the average is $41,880.00. This zip code has a mean commute time to work of 15.5 minutes. The unemployment rate is 8.4%. Income earners by percent breakdown as 72.70% (Under $50,000), 21.50% ($50,000-$100,000), and 5.80% earn over $100,000. 26.3% of residents live below poverty line versus the 11.8% in the state that are below this line. The cost of living index is 93.0. The educational breakdown is 64.3% have a high school education or higher, 7.4% have a bachelor's degree or higher, and 4.5% have some kind of profesional degree.
This area has 490 households and the average size is 2.8 people. Individuals who are single and have never been married are 32.4%, 53.6% are now married, 6.5% are separated, 3.7% are widowed, and 3.8% are divorced. The average yearly contribution amount given by people to charity was $1,620 versus the state average of $4,659. The percent of residents who gave to charity was 12.7%.
The estimated median value of houses and condos is $135,343. The median monthly owner costs of mortgage holders was $1,185, where as the costs for those who don't have a mortgage are $309. The median number of rooms in houses and condos are 5.1 versus apartments which had a median number of 4.5.
The real estate tax percent rate is 0.4% which equated to an average real estate tax amount payment of $527. 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. 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 $519. Reported taxable interest for persons was $435, dividends $1,025, and itemized deductions $18,936. The average earned income tax credit is $2,240. The percent of individuals that use a tax preparer is 69.6%. The total average income taxes paid by individuals was $4,579. Businesses reported an average profit of $6,038.
Taqueria Palermo
2020 Palermo Rd, Palermo, CA 95968
Roxy's Golden Poppy Deli
1933 Kenilworth Ave, Palermo, CA 95968
The Italian Kitchen
2275 Myers St, Oroville, CA 95966 (5.4 miles away)
Big Momma's Number 1 BBQ
490 B St, Biggs, CA 95917 (9.4 miles away)
Bangor Bake Shoppe
5704 La Porte Rd, Bangor, CA 95914 (9.7 miles away)
Black Bear Diner
1586 State Highway 99, Gridley, CA 95948 (10.7 miles away)
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