Interested in purchasing investment houses in the 62476 zip code in West Salem, IL?
The zip code 62476 is in both Edwards and Wabash counties with a latitude of -88.009260000000 and longitude of 38.534020000000, is in the state of Illinois. The average asking price of houses and condos is $153,730.00 and the average sale price was $104,180.00. this regions is classified as the Evansville metro area and consists of the following area codes: 618 and 730. The location in degrees is 38° 32' 2.472" N, 88° 0' 33.336" W. The county F.I.P.S. is 17047. The total land area is 75.2 square miles and the water area is 0.1 square miles. The elevation in this area is 400 - 489 feet. The zip code is on central standard time and observes daylight savings time.
The zip 62476 is in county number 185 and is L. Sector 95, L. Segment 00, H. Sector 00, and H. Segment 00. The population was 1,549 in 2019 and 1,734 in 2010. This further breaks down to 791 males (51.1%) and 758 females (48.9%). The median age of residents is 46.6 years. The population density (people per square mile) is 21. This zip code has a combined total of 784 houses and condos. There are 69 rented appartments. 11% of residents rent versus the 11% 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 $44,532 and the average salary is $36,429. The median household income of individuals is $39,403.00 and the average is $49,600.00. This zip code has a mean commute time to work of 25.0 minutes. The unemployment rate is 4.5%. Income earners by percent breakdown as 62.00% (Under $50,000), 31.30% ($50,000-$100,000), and 6.70% earn over $100,000. 9.7% of residents live below poverty line versus the 11.5% in the state that are below this line. The cost of living index is 83.1. The educational breakdown is 93.1% have a high school education or higher, 11.7% have a bachelor's degree or higher, and 2.1% have some kind of profesional degree.
This area has 717 households and the average size is 2.3 people. Individuals who are single and have never been married are 22.3%, 60.0% are now married, 1.8% are separated, 5.5% are widowed, and 10.4% are divorced. The average yearly contribution amount given by people to charity was $4,550 versus the state average of $4,525. The percent of residents who gave to charity was 8.0%.
The estimated median value of houses and condos is $80,941. The median monthly owner costs of mortgage holders was $882, where as the costs for those who don't have a mortgage are $397. The median number of rooms in houses and condos are 6.0 versus apartments which had a median number of 5.6.
The real estate tax percent rate is 1.4% which equated to an average real estate tax amount payment of $1,124. 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 1.6% which amounted to an average tax amount of $1,339. Conversely, the median housing property tax percent for residents who don't have mortgages was 1.3% which amounted to an average tax amount of $1,026. Reported taxable interest for persons was $740, dividends $1,895, capital gains +$1,685, and itemized deductions $15,200. The average earned income tax credit is $2,114. The percent of individuals that use a tax preparer is 88.0%. The total average income taxes paid by individuals was $5,722. Businesses reported an average profit of $6,770.
D & R Family Restaurant
5191 E Short Ln, Parkersburg, IL 62452 (5.3 miles away)
Crystal's Country Cream
2731 County Road 1480 N, Mount Erie, IL 62446 (10.1 miles away)
Moore Barbeque Inc
315 E Walnut St, Albion, IL 62806 (10.1 miles away)
Cozy Cafe
9421 W Market St, Keensburg, IL 62852 (14.6 miles away)
Hogg Heaven BBQ
411 W 9th St, Mount Carmel, IL 62863 (14.9 miles away)