Interested in purchasing investment houses in the 61850 zip code in Indianola, IL?
The zip code 61850 is in Vermilion county with a latitude of -87.737690000000 and longitude of 39.932510000000, is in the state of Illinois. The average asking price of houses and condos is $77,500.00 and the average sale price was $33,000.00. this regions is classified as the Champaign - Springfield metro area and consists of the following area codes: 217 and 447. The location in degrees is 39° 55' 57.036" N, 87° 44' 15.684" W. The county F.I.P.S. is 17183. The total land area is 34.4 square miles and the water area is 0.0 square miles. The elevation in this area is 659 - 709 feet. The zip code is on central standard time and observes daylight savings time.
The zip 61850 is in county number 183 and is L. Sector 00, L. Segment 01, H. Sector 57, and H. Segment 57. The population was 454 in 2019 and 671 in 2010. This further breaks down to 217 males (47.8%) and 237 females (52.2%). The median age of residents is 45.0 years. The population of the greater Danville, IL area is 80,540. The population density (people per square mile) is 13. This zip code has a combined total of 246 houses and condos. There are 9 rented appartments. 5% of residents rent versus the 5% 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 $47,492 and the average salary is $40,600. The median household income of individuals is $45,443.00 and the average is $51,210.00. This zip code has a mean commute time to work of 31.3 minutes. The unemployment rate is 14.5%. Income earners by percent breakdown as 56.90% (Under $50,000), 31.80% ($50,000-$100,000), and 11.30% earn over $100,000. 7.6% of residents live below poverty line versus the 11.5% in the state that are below this line. The cost of living index is 83.9. The educational breakdown is 88.7% have a high school education or higher, 18.0% have a bachelor's degree or higher, and 11.6% have some kind of profesional degree.
This area has 267 households and the average size is 2.4 people. Individuals who are single and have never been married are 29.8%, 50.5% are now married, 1.3% are separated, 6.3% are widowed, and 12.1% are divorced.
The estimated median value of houses and condos is $64,797. The median monthly owner costs of mortgage holders was $811, where as the costs for those who don't have a mortgage are $448. The median number of rooms in houses and condos are 6.5 versus apartments which had a median number of 5.4.
The real estate tax percent rate is 1.8% which equated to an average real estate tax amount payment of $1,168. In comparision, the average real estate tax percent rate in the state is 2.2% which equated to an average real estate tax amount payment in the state of $4,527. The median housing property tax percent for residents with mortgages was 1.7% which amounted to an average tax amount of $1,004. Conversely, the median housing property tax percent for residents who don't have mortgages was 1.9% which amounted to an average tax amount of $1,371. Reported taxable interest for persons was $263, dividends $1,233, and itemized deductions $13,033. The average earned income tax credit is $2,240. The percent of individuals that use a tax preparer is 72.0%. The total average income taxes paid by individuals was $5,233. Businesses reported an average profit of $4,100.
Indian's Pizza
Indianola, IL 61850
Brick Street Cafe
302 S Gray St, Sidell, IL 61876 (4.7 miles away)
Casey's
508 N State St, Ridge Farm, IL 61870 (5.6 miles away)
Josephine's
111 W West St, Georgetown, IL 61846 (6.5 miles away)
Casey's
201 N Main St, Fairmount, IL 61841 (9.2 miles away)
Brunswick Bar
207 W Main St, Westville, IL 61883 (9.8 miles away)
When my husband passed away suddenly, I was left with a home I had to sell fast. The experts from We Buy Homes dealt with me professionally, fairly, and honestly. I didn’t have to list my house and I didn’t have to deal with strangers walking through my home. And I didn’t have to pay a realtor! They handled everything and that provided the peace of mind I needed during such a difficult time. I highly recommend them!
