Interested in purchasing investment houses in the 47371 zip code in Portland, IN?
The zip code 47371 is in both Jay and Mercer counties with a latitude of -84.960030000000 and longitude of 40.418560000000, is in the state of Indiana. The average asking price of houses and condos is $80,588.00 and the average sale price was $50,901.00. this regions is classified as the Fort Wayne metro area and is in the 260 area code. The location in degrees is 40° 25' 6.816" N, 84° 57' 36.108" W. The county F.I.P.S. is 18075. This zip code contains two cities including Portland, IN (2.13%), and Salamonia, IN (0.03%) The total land area is 218.3 square miles and the water area is 0.1 square miles. The elevation in this area is 856 - 1011 feet. The zip code is on eastern standard time and observes daylight savings time.
The zip 47371 is in county number 075 and is L. Sector , L. Segment , H. Sector , and H. Segment . The population was 12,333 in 2019 and 12,226 in 2010. Of this, the break down in 2019 was 6,698 urban and 5,634 rural. This further breaks down to 6,261 males (50.8%) and 6,071 females (49.2%). The median age of residents is 40.3 years. The population density (people per square mile) is 56. This zip code has a combined total of 5,439 houses and condos. There are 1,364 rented appartments. 28% of residents rent versus the 28% 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 $40,125 and the average salary is $36,042. The median household income of individuals is $45,120.00 and the average is $50,220.00. This zip code has a mean commute time to work of 17.6 minutes. The unemployment rate is 3.1%. Income earners by percent breakdown as 56.10% (Under $50,000), 34.60% ($50,000-$100,000), and 9.20% earn over $100,000. 12.9% of residents live below poverty line versus the 11.9% in the state that are below this line. The cost of living index is 85.3. The educational breakdown is 87.9% have a high school education or higher, 12.1% have a bachelor's degree or higher, and 5.6% have some kind of profesional degree.
This area has 4,796 households and the average size is 2.5 people. Individuals who are single and have never been married are 29.0%, 47.9% are now married, 1.5% are separated, 7.7% are widowed, and 13.8% are divorced. The average yearly contribution amount given by people to charity was $5,028 versus the state average of $4,697. The percent of residents who gave to charity was 9.6%.
The estimated median value of houses and condos is $112,454. The median monthly owner costs of mortgage holders was $934, where as the costs for those who don't have a mortgage are $339. The median number of rooms in houses and condos are 6.5 versus apartments which had a median number of 5.0.
The real estate tax percent rate is 0.5% which equated to an average real estate tax amount payment of $589. 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 $662. Conversely, the median housing property tax percent for residents who don't have mortgages was 0.5% which amounted to an average tax amount of $502. Reported taxable interest for persons was $1,162, dividends $2,274, capital gains +$12,134, and itemized deductions $18,956. The average earned income tax credit is $2,108. The percent of individuals that use a tax preparer is 63.6%. The total average income taxes paid by individuals was $6,801. Businesses reported an average profit of $7,717.
Ponderosa Steakhouse
1002 N Meridian St, Portland, IN 47371
Briskets & Butts BBQ Supply
807 N Meridian St, Portland, IN 47371
Jay Smokin' BBQ
124 N Commerce St, Portland, IN 47371
Dq
1403 N Meridian St, Portland, IN 47371
Wing Street
1502 N Meridian St, Portland, IN 47371
Richards Restaurant
1615 N Meridian St, Portland, IN 47371
El Camino Real
220 W Lincoln Ave, Portland, IN 47371
Margaritas Grill
1604 N Meridian St, Portland, IN 47371
Buffalo Wings & Rings Portland
1204 W Votaw St, Portland, IN 47371
Great Wall Chinese Restaurant
1508 N Meridian St, Portland, IN 47371
Greeks Portland
1607 N Meridian St, Portland, IN 47371
The White Cottage
1043 W Votaw St, Portland, IN 47371
Joes Eatery
1511 N Meridian St, Portland, IN 47371
Corner Cafe
301 N Meridian St, Portland, IN 47371
Joe's Eatery
124 N Commerce St, Portland, IN 47371
Norm's Place
224 S Meridian St, Portland, IN 47371
Norm's Place
224 W Lincoln Ave, Portland, IN 47371
South Side Carry Out
501 S Meridian St, Portland, IN 47371
North Side Carry Out
1226 N Meridian St, Portland, IN 47371
Koffee Kup Diner
301 Meridian Hts, Portland, IN 47371
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