Interested in purchasing investment houses in the 47305 zip code in Muncie, IN?
The zip code 47305 is in Delaware county with a latitude of -85.386030000000 and longitude of 40.193760000000, is in the state of Indiana. The average asking price of houses and condos is $74,600.00 and the average sale price was $85,000.00. this regions is classified as the Indianapolis metro area and is in the 765 area code. The location in degrees is 40° 11' 37.536" N, 85° 23' 9.708" W. The county F.I.P.S. is 18035. The total land area is 1.3 square miles and the water area is 0.0 square miles. The elevation in this area is 948 - 948 feet. The zip code is on eastern standard time and observes daylight savings time.
The zip 47305 is in county number 035 and is L. Sector , L. Segment , H. Sector , and H. Segment . The population was 3,542 in 2019 and 4,106 in 2010. This further breaks down to 1,787 males (50.5%) and 1,754 females (49.5%). The median age of residents is 41.0 years. The population of the greater Muncie, IN area is 114,557. The population density (people per square mile) is 2,653. This zip code has a combined total of 2,644 houses and condos. There are 1,113 rented appartments. 64% of residents rent versus the 64% 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 $27,151 and the average salary is $22,964. The median household income of individuals is $21,995.00 and the average is $32,050.00. This zip code has a mean commute time to work of 18.7 minutes. The unemployment rate is 7.4%. Income earners by percent breakdown as 81.40% (Under $50,000), 15.70% ($50,000-$100,000), and 2.90% earn over $100,000. 35.8% of residents live below poverty line versus the 11.9% in the state that are below this line. The cost of living index is 84.2. The educational breakdown is 82.6% have a high school education or higher, 18.1% have a bachelor's degree or higher, and 8.2% have some kind of profesional degree.
This area has 1,803 households and the average size is 1.9 people. Individuals who are single and have never been married are 35.8%, 33.8% are now married, 4.5% are separated, 4.1% are widowed, and 21.8% are divorced. The average yearly contribution amount given by people to charity was $4,683 versus the state average of $4,697. The percent of residents who gave to charity was 4.1%.
The estimated median value of houses and condos is $61,369. The median monthly owner costs of mortgage holders was $858, where as the costs for those who don't have a mortgage are $360. The median number of rooms in houses and condos are 6.8 versus apartments which had a median number of 4.1.
The real estate tax percent rate is 0.9% which equated to an average real estate tax amount payment of $573. 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 0.7% which amounted to an average tax amount of $536. Conversely, the median housing property tax percent for residents who don't have mortgages was 1.4% which amounted to an average tax amount of $647. Reported taxable interest for persons was $1,050, dividends $1,489, capital gains +$2,233, and itemized deductions $22,000. The average earned income tax credit is $2,180. The percent of individuals that use a tax preparer is 42.5%. The total average income taxes paid by individuals was $6,380. Businesses reported an average profit of $10,733.
Tuppee Tong Thai Restaurant
310 W Main St, Muncie, IN 47305
Vera Mae's Bistro
209 S Walnut St, Muncie, IN 47305
Savage's Alehouse
127 N High St, Muncie, IN 47305
Barn Brasserie
117 W Charles St, Muncie, IN 47305
The Neely House
617 E Adams St, Muncie, IN 47305
Fickle Peach
117 E Charles St, Muncie, IN 47305
625 Taphouse
625 S High St, Muncie, IN 47305
Ron Lahody Trust Your Butcher Steakhouse
231 South Walnut, Muncie, IN 47305
McCormick & Schmick's
3708 W Ewing Dr, Muncie, IN 47302 (1.7 miles away)