Interested in purchasing investment houses in the 47360 zip code in Mooreland, IN?
The zip code 47360 is in both Henry and Wayne counties with a latitude of -85.262690000000 and longitude of 40.015340000000, is in the state of Indiana. The average asking price of houses and condos is $116,286.00 and the average sale price was $50,981.00. this regions is classified as the Indianapolis metro area and is in the 765 area code. The location in degrees is 40° 0' 55.224" N, 85° 15' 45.684" W. The county F.I.P.S. is 18065. The total land area is 34.4 square miles and the water area is 0.6 square miles. The elevation in this area is 1083 - 1165 feet. The zip code is on eastern standard time and observes daylight savings time.
The zip 47360 is in county number 177 and is L. Sector 96, L. Segment 01, H. Sector 01, and H. Segment 01. The population was 1,272 in 2019 and 1,546 in 2010. This further breaks down to 662 males (52.1%) and 609 females (47.9%). The median age of residents is 50.6 years. The population of the greater New Castle, IN area is 47,758. The population density (people per square mile) is 37. This zip code has a combined total of 570 houses and condos. There are 77 rented appartments. 16% of residents rent versus the 16% 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 $47,062 and the average salary is $38,839. The median household income of individuals is $48,069.00 and the average is $55,860.00. This zip code has a mean commute time to work of 30.4 minutes. The unemployment rate is 8.1%. Income earners by percent breakdown as 52.90% (Under $50,000), 36.00% ($50,000-$100,000), and 11.10% earn over $100,000. 10.8% of residents live below poverty line versus the 11.9% in the state that are below this line. The cost of living index is 85.9. The educational breakdown is 86.8% have a high school education or higher, 15.4% have a bachelor's degree or higher, and 9.0% have some kind of profesional degree.
This area has 602 households and the average size is 2.6 people. Individuals who are single and have never been married are 26.0%, 58.6% are now married, 0.3% are separated, 2.8% are widowed, and 12.3% are divorced. The average yearly contribution amount given by people to charity was $3,338 versus the state average of $4,697. The percent of residents who gave to charity was 11.8%.
The estimated median value of houses and condos is $148,723. The median monthly owner costs of mortgage holders was $1,056, where as the costs for those who don't have a mortgage are $433. The median number of rooms in houses and condos are 6.6 versus apartments which had a median number of 3.5.
The real estate tax percent rate is 0.7% which equated to an average real estate tax amount payment of $991. 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 $1,067. Conversely, the median housing property tax percent for residents who don't have mortgages was 0.7% which amounted to an average tax amount of $942. Reported taxable interest for persons was $591, dividends $1,320, capital gains +$1,088, and itemized deductions $19,564. The average earned income tax credit is $2,109. The percent of individuals that use a tax preparer is 61.8%. The total average income taxes paid by individuals was $7,255. Businesses reported an average profit of $9,260.
Pizza King
205 S Broad St, Mooreland, IN 47360
Pizza Barn
9757 S Us Highway 35, Losantville, IN 47354 (4.5 miles away)
Summit Mart
101 W Main St, Mount Summit, IN 47361 (6.8 miles away)
Beckers Restaurant
475 E Main St, Hagerstown, IN 47346 (7.2 miles away)
Primo
1326 Broad St, New Castle, IN 47362 (7.7 miles away)
Pizza Hut Express
5884 S. Wilbur Wright Road Travel Centers Of America, New Lisbon, IN 47366 (8.6 miles away)