Interested in purchasing investment houses in the 46616 zip code in South Bend, IN?
The zip code 46616 is in Saint Joseph county with a latitude of -86.266540000000 and longitude of 41.697930000000, is in the state of Indiana. The average asking price of houses and condos is $68,859.00 and the average sale price was $99,457.00. this regions is classified as the Southbend metro area and is in the 574 area code. The location in degrees is 41° 41' 52.548" N, 86° 15' 59.544" W. The county F.I.P.S. is 18141. The total land area is 1.5 square miles and the water area is 0.1 square miles. The elevation in this area is 705 - 705 feet. The zip code is on eastern standard time and observes daylight savings time.
The zip 46616 is in county number 141 and is L. Sector 10, L. Segment , H. Sector , and H. Segment . The population was 5,516 in 2019 and 5,667 in 2010. This further breaks down to 2,688 males (48.7%) and 2,828 females (51.3%). The median age of residents is 32.8 years. The population of the greater South Bend-Mishawaka, IN-MI area is 321,329. The population density (people per square mile) is 3,757. This zip code has a combined total of 2,714 houses and condos. There are 1,002 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 $34,765 and the average salary is $32,500. The median household income of individuals is $41,811.00 and the average is $43,070.00. This zip code has a mean commute time to work of 19.3 minutes. The unemployment rate is 5.3%. Income earners by percent breakdown as 58.10% (Under $50,000), 29.50% ($50,000-$100,000), and 12.40% earn over $100,000. 21.6% of residents live below poverty line versus the 11.9% in the state that are below this line. The cost of living index is 84.5. The educational breakdown is 81.7% have a high school education or higher, 28.3% have a bachelor's degree or higher, and 14.4% have some kind of profesional degree.
This area has 2,254 households and the average size is 2.6 people. Individuals who are single and have never been married are 43.6%, 38.4% are now married, 3.6% are separated, 3.6% are widowed, and 10.8% are divorced. The average yearly contribution amount given by people to charity was $5,293 versus the state average of $4,697. The percent of residents who gave to charity was 10.6%.
The estimated median value of houses and condos is $88,349. The median monthly owner costs of mortgage holders was $925, where as the costs for those who don't have a mortgage are $352. The median number of rooms in houses and condos are 6.8 versus apartments which had a median number of 5.2.
The real estate tax percent rate is 1.0% which equated to an average real estate tax amount payment of $871. 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 $1,263. The median housing property tax percent for residents with mortgages was 1.0% which amounted to an average tax amount of $888. Conversely, the median housing property tax percent for residents who don't have mortgages was 1.0% which amounted to an average tax amount of $853. Reported taxable interest for persons was $702, dividends $3,360, capital gains +$331, and itemized deductions $18,270. The average earned income tax credit is $2,547. The percent of individuals that use a tax preparer is 36.1%. The total average income taxes paid by individuals was $5,392. Businesses reported an average profit of $7,638.
Madison Oyster Bar
129 N Main St, South Bend, IN 46601 (1.4 miles away)
East Bank Emporium Restaurant
121 S Niles Ave, South Bend, IN 46617 (1.6 miles away)
Volcano Restaurant
3700 Lincoln Way W, South Bend, IN 46628 (1.7 miles away)
Kitchenette Restaurant
2221 S Michigan St, South Bend, IN 46613 (2.7 miles away)
Weiss Gast Haus
115 N Dixie Way, South Bend, IN 46637 (2.9 miles away)
Pitts BBQ
1526 Mishawaka Ave, South Bend, IN 46615 (3.1 miles away)
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