Interested in purchasing investment houses in the 32948 zip code in Fellsmere, FL?
The zip code 32948 is in Indian River county with a latitude of -80.733470000000 and longitude of 27.889420000000, is in the state of Florida. The average asking price of houses and condos is $209,467.00 and the average sale price was $69,606.00. this regions is classified as the West Palm Beach metro area and is in the 772 area code. The location in degrees is 27° 53' 21.912" N, 80° 44' 0.492" W. The county F.I.P.S. is 12061. This zip code contains two cities including Fellsmere, FL (13.97%), and Palm Bay, FL (0.75%) The total land area is 264.2 square miles and the water area is 1.9 square miles. The elevation in this area is 13 - 30 feet. The zip code is on eastern standard time and observes daylight savings time.
The zip 32948 is in county number 061 and is L. Sector 00, L. Segment 01, H. Sector 37, and H. Segment 37. The population was 7,646 in 2019 and 6,773 in 2010. Of this, the break down in 2019 was 6,043 urban and 1,602 rural. This further breaks down to 3,808 males (49.8%) and 3,838 females (50.2%). The median age of residents is 32.2 years. The population of the greater Sebastian-Vero Beach, FL area is 143,385. The population density (people per square mile) is 29. This zip code has a combined total of 2,199 houses and condos. There are 545 rented appartments. 29% of residents rent versus the 29% 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 $32,256 and the average salary is $28,300. The median household income of individuals is $39,514.00 and the average is $39,830.00. This zip code has a mean commute time to work of 29.0 minutes. The unemployment rate is 10.9%. Income earners by percent breakdown as 64.50% (Under $50,000), 26.70% ($50,000-$100,000), and 8.80% earn over $100,000. 12.2% of residents live below poverty line versus the 12.7% in the state that are below this line. The cost of living index is 88.7. The educational breakdown is 61.9% have a high school education or higher, 8.1% have a bachelor's degree or higher, and 1.9% have some kind of profesional degree.
This area has 1,821 households and the average size is 4.0 people. Individuals who are single and have never been married are 48.6%, 38.1% are now married, 0.7% are separated, 4.2% are widowed, and 8.4% are divorced. The average yearly contribution amount given by people to charity was $2,306 versus the state average of $5,698. The percent of residents who gave to charity was 6.0%.
The estimated median value of houses and condos is $155,026. The median monthly owner costs of mortgage holders was $1,057, where as the costs for those who don't have a mortgage are $249. The median number of rooms in houses and condos are 5.2 versus apartments which had a median number of 4.6.
The real estate tax percent rate is 0.6% which equated to an average real estate tax amount payment of $923. 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 $2,035. The median housing property tax percent for residents with mortgages was 0.6% which amounted to an average tax amount of $1,010. Conversely, the median housing property tax percent for residents who don't have mortgages was 0.5% which amounted to an average tax amount of $688. Reported taxable interest for persons was $1,111, dividends $3,206, capital gains +$4,891, and itemized deductions $18,268. The average earned income tax credit is $2,634. The percent of individuals that use a tax preparer is 54.9%. The total average income taxes paid by individuals was $3,257. Businesses reported an average profit of $4,874.
Giuseppe's Italian Restaurant
4 S Bay St, Fellsmere, FL 32948
Marsh Landing Restaurant
44 N Broadway St, Fellsmere, FL 32948
Americana Restaurant
5 S Elm St, Fellsmere, FL 32948
Garcia Plaza Bakery
2 S Pine St, Fellsmere, FL 32948
Las Tapatias
12798 County Road 512, Fellsmere, FL 32948
Brokenspoke Bar
130 N Broadway St, Fellsmere, FL 32948
Jet Oil Inc
10950 County Road 512, Fellsmere, FL 32948
Mulligan's Beach House
806 Indian River Dr, Sebastian, FL 32958 (7.8 miles away)