Interested in purchasing investment houses in the 47460 zip code in Spencer, IN?
The zip code 47460 is in both Owen and Monroe counties with a latitude of -86.790230000000 and longitude of 39.283800000000, is in the state of Indiana. The average asking price of houses and condos is $124,810.00 and the average sale price was $120,395.00. this regions is classified as the Indianapolis metro area and consists of the following area codes: 812 and 930. The location in degrees is 39° 17' 1.68" N, 86° 47' 24.828" W. The county F.I.P.S. is 18119. The total land area is 150.4 square miles and the water area is 0.8 square miles. The elevation in this area is 607 - 840 feet. The zip code is on eastern standard time and observes daylight savings time.
The zip 47460 is in county number 055 and is L. Sector 93, L. Segment 01, H. Sector 01, and H. Segment 01. The population was 11,036 in 2019 and 11,471 in 2010. This further breaks down to 5,457 males (49.5%) and 5,578 females (50.5%). The median age of residents is 47.6 years. The population of the greater Bloomington, IN area is 186,094. The population density (people per square mile) is 73. This zip code has a combined total of 5,354 houses and condos. There are 1,024 rented appartments. 21% of residents rent versus the 21% 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 $42,158 and the average salary is $36,693. The median household income of individuals is $44,399.00 and the average is $49,920.00. This zip code has a mean commute time to work of 28.3 minutes. The unemployment rate is 4.1%. Income earners by percent breakdown as 56.00% (Under $50,000), 32.50% ($50,000-$100,000), and 11.50% earn over $100,000. 13.2% of residents live below poverty line versus the 11.9% in the state that are below this line. The cost of living index is 85.6. The educational breakdown is 85.7% have a high school education or higher, 14.8% have a bachelor's degree or higher, and 5.5% have some kind of profesional degree.
This area has 4,529 households and the average size is 2.3 people. Individuals who are single and have never been married are 22.1%, 54.0% are now married, 1.0% are separated, 4.8% are widowed, and 18.1% are divorced. The average yearly contribution amount given by people to charity was $3,551 versus the state average of $4,697. The percent of residents who gave to charity was 13.8%.
The estimated median value of houses and condos is $139,877. The median monthly owner costs of mortgage holders was $1,117, where as the costs for those who don't have a mortgage are $400. The median number of rooms in houses and condos are 6.1 versus apartments which had a median number of 3.8.
The real estate tax percent rate is 0.7% which equated to an average real estate tax amount payment of $914. 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 $921. 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 $901. Reported taxable interest for persons was $1,595, dividends $2,520, capital gains +$3,979, and itemized deductions $17,587. The average earned income tax credit is $2,169. The percent of individuals that use a tax preparer is 59.3%. The total average income taxes paid by individuals was $5,438. Businesses reported an average profit of $8,948.
Hilltop Restaurant
2434 N Us Highway 231, Spencer, IN 47460
Jit's Thai Bistro
6 E Market St, Spencer, IN 47460
Wing Street
310 W Morgan St, Spencer, IN 47460
Sweet Owen Family Restaurant
661 W Morgan St, Spencer, IN 47460
El Ranchero
405 E Franklin St, Spencer, IN 47460
Civilian Brewing Corps
14 N Washington St, Spencer, IN 47460
HomeTown Buffet
376 W State Highway 46, Spencer, IN 47460
China Wok
641 W Morgan St, Spencer, IN 47460
Carrols Corporation
873 W Morgan St, Spencer, IN 47460
Crossroads 46 Diner
661 W Morgan St, Spencer, IN 47460
Ferkinhoff Tom
404 E Morgan St, Spencer, IN 47460
Main Street Coffee
1 N Main St, Spencer, IN 47460
Spencer Coffee House
10 N Main St, Spencer, IN 47460
When my husband passed away suddenly, I was left with a home I had to sell fast. The experts from We Buy Homes dealt with me professionally, fairly, and honestly. I didn’t have to list my house and I didn’t have to deal with strangers walking through my home. And I didn’t have to pay a realtor! They handled everything and that provided the peace of mind I needed during such a difficult time. I highly recommend them!
