Interested in purchasing investment houses in the 47451 zip code in Oolitic, IN?
The zip code 47451 is in Lawrence county with a latitude of -86.523510000000 and longitude of 38.892850000000, is in the state of Indiana. The average asking price of houses and condos is $75,000.00 and the average sale price was $51,857.00. this regions is classified as the Indianapolis metro area and consists of the following area codes: 812 and 930. The location in degrees is 38° 53' 34.26" N, 86° 31' 24.636" W. The county F.I.P.S. is 18093. The total land area is 1.9 square miles and the water area is 0.0 square miles. The zip code is on eastern standard time and observes daylight savings time.
The zip 47451 is in county number 093 and is L. Sector 00, L. Segment 01, H. Sector 46, and H. Segment 46. The population was 1,123 in 2019 and 1,228 in 2010. Of this, the break down in 2019 was 991 urban and 131 rural. This further breaks down to 592 males (52.7%) and 530 females (47.3%). The median age of residents is 41.0 years. The population of the greater Bedford, IN area is 45,372. The population density (people per square mile) is 605. This zip code has a combined total of 532 houses and condos. There are 167 rented appartments. 35% of residents rent versus the 35% 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 $38,471 and the average salary is $33,989. The median household income of individuals is $38,956.00 and the average is $44,960.00. This zip code has a mean commute time to work of 24.9 minutes. The unemployment rate is 2.6%. Income earners by percent breakdown as 64.10% (Under $50,000), 24.60% ($50,000-$100,000), and 11.30% earn over $100,000. 15.4% of residents live below poverty line versus the 11.9% in the state that are below this line. The cost of living index is 75.1. The educational breakdown is 83.9% have a high school education or higher, 10.4% have a bachelor's degree or higher, and 2.9% have some kind of profesional degree.
This area has 557 households and the average size is 2.3 people. Individuals who are single and have never been married are 19.7%, 53.6% are now married, 2.8% are separated, 7.3% are widowed, and 16.7% are divorced. The average yearly contribution amount given by people to charity was $3,757 versus the state average of $4,697. The percent of residents who gave to charity was 11.1%.
The estimated median value of houses and condos is $103,719. The median monthly owner costs of mortgage holders was $938, where as the costs for those who don't have a mortgage are $373. The median number of rooms in houses and condos are 5.7 versus apartments which had a median number of 4.3.
The real estate tax percent rate is 0.6% which equated to an average real estate tax amount payment of $651. 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 $676. 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 $604. Reported taxable interest for persons was $672, dividends $1,029, capital gains +$375, and itemized deductions $14,410. The average earned income tax credit is $2,127. The percent of individuals that use a tax preparer is 58.7%. The total average income taxes paid by individuals was $4,760. Businesses reported an average profit of $4,900.
Jen's Kitchen
310 Hoosier Ave, Oolitic, IN 47451
Rusty's West End Steakhouse
1414 Leatherwood Rd, Bedford, IN 47421 (2.5 miles away)
Haymaker's
10477 Williams Rd, Williams, IN 47470 (10 miles away)
A&W Restaurants
3827 State Road 37, Mitchell, IN 47446 (10.8 miles away)
Roberts Restaurant
Owensburg, IN 47453 (13.6 miles away)
Southern Stone
405 W Patterson Dr, Bloomington, IN 47403 (16.3 miles away)