Interested in purchasing investment houses in the 47163 zip code in Otisco, IN?
The zip code 47163 is in Clark county with a latitude of -85.669740000000 and longitude of 38.532250000000, is in the state of Indiana. The average asking price of houses and condos is $122,909.00 and the average sale price was $16,000.00. this regions is classified as the Louisville metro area and consists of the following area codes: 812 and 930. The location in degrees is 38° 31' 56.1" N, 85° 40' 11.064" W. The county F.I.P.S. is 18019. The total land area is 20.8 square miles and the water area is 0.1 square miles. The elevation in this area is 597 - 663 feet. The zip code is on eastern standard time and observes daylight savings time.
The zip 47163 is in county number 019 and is L. Sector 00, L. Segment 01, H. Sector 18, and H. Segment 18. The population was 1,223 in 2019 and 1,746 in 2010. Of this, the break down in 2019 was 107 urban and 1,115 rural. This further breaks down to 633 males (51.8%) and 589 females (48.2%). The median age of residents is 53.1 years. The population of the greater Louisville-Jefferson County, KY-IN area is 1,273,611. The population density (people per square mile) is 59. This zip code has a combined total of 603 houses and condos. There are 24 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 middle class. The average individual gross adjusted income is $44,461 and the average salary is $39,107. The median household income of individuals is $51,622.00 and the average is $55,120.00. This zip code has a mean commute time to work of 37.3 minutes. The unemployment rate is 9.8%. Income earners by percent breakdown as 48.10% (Under $50,000), 36.40% ($50,000-$100,000), and 15.50% earn over $100,000. 8.4% of residents live below poverty line versus the 11.9% in the state that are below this line. The cost of living index is 85.4. The educational breakdown is 87.8% have a high school education or higher, 19.9% have a bachelor's degree or higher, and 5.5% have some kind of profesional degree.
This area has 643 households and the average size is 2.3 people. Individuals who are single and have never been married are 16.0%, 56.7% are now married, 0.0% are separated, 4.3% are widowed, and 23.0% are divorced. The average yearly contribution amount given by people to charity was $2,721 versus the state average of $4,697. The percent of residents who gave to charity was 20.0%.
The estimated median value of houses and condos is $156,795. The median monthly owner costs of mortgage holders was $1,069, where as the costs for those who don't have a mortgage are $340. The median number of rooms in houses and condos are 5.5.
The real estate tax percent rate is 0.6% which equated to an average real estate tax amount payment of $968. 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 0.6% which amounted to an average tax amount of $980. Conversely, the median housing property tax percent for residents who don't have mortgages was 0.8% which amounted to an average tax amount of $890. Reported taxable interest for persons was $486, dividends $925, capital gains +$2,650, and itemized deductions $18,147. The average earned income tax credit is $2,100. The percent of individuals that use a tax preparer is 60.0%. The total average income taxes paid by individuals was $5,953. Businesses reported an average profit of $7,950.
BARE Shoulder Barbeque
93 E Salem Ct, Otisco, IN 47163
Budroes Family Restaurant
210 N Ferguson St, Henryville, IN 47126 (5.9 miles away)
Charlestown Train Station
1041 Highway 62, Charlestown, IN 47111 (5.9 miles away)
Food 4 The Soul
13604 Blue Lick Rd, Memphis, IN 47143 (8.1 miles away)
Kaelin's General Store
6001 W Highway 42, Goshen, KY 40026 (10.4 miles away)
1894 Lodge
409 E Main St, New Washington, IN 47162 (11.1 miles away)