Interested in purchasing investment houses in the 31405 zip code in Savannah, GA?
The zip code 31405 is in Chatham county with a latitude of -81.172560000000 and longitude of 32.039490000000, is in the state of Georgia. The average asking price of houses and condos is $246,169.00 and the average sale price was $195,768.00. this regions is classified as the Savannah metro area and is in the 912 area code. The location in degrees is 32° 2' 22.164" N, 81° 10' 21.216" W. The county F.I.P.S. is 13051. This zip code contains three cities including Savannah, GA (46.12%), Garden City, GA (11.35%), and Pooler, GA (0.24%) The total land area is 30.0 square miles and the water area is 0.9 square miles. The elevation in this area is 10 - 20 feet. The zip code is on eastern standard time and observes daylight savings time.
The zip 31405 is in county number 051 and is L. Sector 10, L. Segment 00, H. Sector 00, and H. Segment 00. The population was 37,806 in 2019 and 37,207 in 2010. Of this, the break down in 2019 was 35,543 urban and 2,262 rural. This further breaks down to 18,073 males (47.8%) and 19,733 females (52.2%). The median age of residents is 36.1 years. The population of the greater Savannah, GA area is 346,746. The population density (people per square mile) is 1,258. This zip code has a combined total of 16,105 houses and condos. There are 6,640 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 $57,230 and the average salary is $42,975. The median household income of individuals is $41,063.00 and the average is $64,980.00. This zip code has a mean commute time to work of 21.2 minutes. The unemployment rate is 7.9%. Income earners by percent breakdown as 58.90% (Under $50,000), 27.60% ($50,000-$100,000), and 13.50% earn over $100,000. 17.6% of residents live below poverty line versus the 13.3% in the state that are below this line. The cost of living index is 94.4. The educational breakdown is 88.5% have a high school education or higher, 34.7% have a bachelor's degree or higher, and 13.2% have some kind of profesional degree.
This area has 13,950 households and the average size is 2.5 people. Individuals who are single and have never been married are 38.3%, 39.1% are now married, 2.5% are separated, 5.9% are widowed, and 14.3% are divorced. The average yearly contribution amount given by people to charity was $5,635 versus the state average of $5,507. The percent of residents who gave to charity was 28.0%.
The estimated median value of houses and condos is $219,380. The median monthly owner costs of mortgage holders was $1,528, where as the costs for those who don't have a mortgage are $491. The median number of rooms in houses and condos are 6.6 versus apartments which had a median number of 4.9.
The real estate tax percent rate is 1.0% which equated to an average real estate tax amount payment of $2,196. In comparision, the average real estate tax percent rate in the state is 0.9% which equated to an average real estate tax amount payment in the state of $1,771. The median housing property tax percent for residents with mortgages was 1.1% which amounted to an average tax amount of $2,688. Conversely, the median housing property tax percent for residents who don't have mortgages was 0.9% which amounted to an average tax amount of $1,498. Reported taxable interest for persons was $2,032, dividends $7,294, capital gains +$12,046, and itemized deductions $24,695. The average earned income tax credit is $2,631. The percent of individuals that use a tax preparer is 46.7%. The total average income taxes paid by individuals was $8,379. Businesses reported an average profit of $12,956.
Sweet Potatoes Kitchen
531 Stephenson Ave, Savannah, GA 31405
Ruth's Chris Steak House
111 W Bay St, Savannah, GA 31401 (3.2 miles away)
Sam Snead's Oak Grill & Tavern
7 Sylvester C Formey Dr, Savannah, GA 31408 (5.6 miles away)
Love's Seafood
6817 Chief O F Love Rd, Savannah, GA 31419 (7.2 miles away)
Wiley's Championship BBQ
4700 US Highway 80 E, Savannah, GA 31410 (7.6 miles away)
LongHorn Steakhouse
300 Pooler Pkwy, Pooler, GA 31322 (9.1 miles away)