Interested in purchasing investment houses in the 47564 zip code in Otwell, IN?
The zip code 47564 is in both Pike and Dubois counties with a latitude of -87.094140000000 and longitude of 38.482470000000, is in the state of Indiana. The average asking price of houses and condos is $89,800.00 and the average sale price was $147,580.00. this regions is classified as the Evansville metro area and consists of the following area codes: 812 and 930. The location in degrees is 38° 28' 56.892" N, 87° 5' 38.904" W. The county F.I.P.S. is 18125. The total land area is 36.8 square miles and the water area is 0.5 square miles. The elevation in this area is 453 - 499 feet. The zip code is on eastern standard time and observes daylight savings time.
The zip 47564 is in county number 037 and is L. Sector 96, L. Segment 01, H. Sector 01, and H. Segment 01. The population was 1,237 in 2019 and 1,352 in 2010. This further breaks down to 599 males (48.4%) and 638 females (51.6%). The median age of residents is 53.0 years. The population of the greater Jasper, IN area is 54,691. The population density (people per square mile) is 34. This zip code has a combined total of 665 houses and condos. There are 52 rented appartments. 9% of residents rent versus the 9% 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 $50,630 and the average salary is $43,587. The median household income of individuals is $45,383.00 and the average is $59,920.00. This zip code has a mean commute time to work of 21.8 minutes. The unemployment rate is 4.2%. Income earners by percent breakdown as 53.50% (Under $50,000), 37.20% ($50,000-$100,000), and 9.30% earn over $100,000. 5.3% of residents live below poverty line versus the 11.9% in the state that are below this line. The cost of living index is 83.6. The educational breakdown is 88.2% have a high school education or higher, 21.7% have a bachelor's degree or higher, and 6.8% have some kind of profesional degree.
This area has 580 households and the average size is 2.1 people. Individuals who are single and have never been married are 22.1%, 54.0% are now married, 0.4% are separated, 12.0% are widowed, and 11.5% are divorced. The average yearly contribution amount given by people to charity was $2,829 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 $161,218. The median monthly owner costs of mortgage holders was $1,094, where as the costs for those who don't have a mortgage are $374. The median number of rooms in houses and condos are 6.0 versus apartments which had a median number of 4.2.
The real estate tax percent rate is 0.7% which equated to an average real estate tax amount payment of $1,087. 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 0.8% which amounted to an average tax amount of $1,230. Conversely, the median housing property tax percent for residents who don't have mortgages was 0.6% which amounted to an average tax amount of $1,014. Reported taxable interest for persons was $1,081, dividends $1,907, capital gains +$5,656, and itemized deductions $19,017. The average earned income tax credit is $1,950. The percent of individuals that use a tax preparer is 74.6%. The total average income taxes paid by individuals was $5,683. Businesses reported an average profit of $5,071.
Village Inn
242 S State Road 57, Petersburg, IN 47567 (10.3 miles away)
Yamato Japanese Steakhouse
3015 Newton St, Jasper, IN 47546 (11.7 miles away)
Stop & Sea
6504 E Us Highway 50, Montgomery, IN 47558 (13.1 miles away)
Ponderosa Steakhouse
2020 State St, Washington, IN 47501 (13.5 miles away)
Mama T's Italian Steakhouse
320 E 4th St, Huntingburg, IN 47542 (14 miles away)
Perkins Restaurant & Bakery
8697 E 100 N, Cannelburg, IN 47519 (16 miles away)