Interested in purchasing investment houses in the 47616 zip code in Griffin, IN?
The zip code 47616 is in Posey county with a latitude of -87.898220000000 and longitude of 38.236640000000, is in the state of Indiana. The average asking price of houses and condos is $65,000.00 and the average sale price was $102,218.00. 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° 14' 11.904" N, 87° 53' 53.592" W. The county F.I.P.S. is 18129. The total land area is 42.8 square miles and the water area is 2.0 square miles. The elevation in this area is 364 - 400 feet. The zip code is on central standard time and observes daylight savings time.
The zip 47616 is in county number 129 and is L. Sector 00, L. Segment 11, H. Sector 24, and H. Segment 24. The population was 267 in 2019 and 364 in 2010. This further breaks down to 143 males (53.6%) and 124 females (46.4%). The median age of residents is 38.0 years. The population of the greater Evansville, IN-KY area is 355,402. The population density (people per square mile) is 6. This zip code has a combined total of 132 houses and condos. There are 36 rented appartments. 42% of residents rent versus the 42% 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 $44,015 and the average salary is $38,518. The median household income of individuals is $45,000.00 and the average is $47,140.00. This zip code has a mean commute time to work of 19.4 minutes. The unemployment rate is 3.4%. Income earners by percent breakdown as 56.00% (Under $50,000), 36.60% ($50,000-$100,000), and 7.50% earn over $100,000. 9.4% of residents live below poverty line versus the 11.9% in the state that are below this line. The cost of living index is 82.2. The educational breakdown is 91.1% have a high school education or higher, 41.5% have a bachelor's degree or higher, and 18.0% have some kind of profesional degree.
This area has 157 households and the average size is 3.1 people. Individuals who are single and have never been married are 38.6%, 49.4% are now married, 0.0% are separated, 5.2% are widowed, and 6.7% are divorced.
The estimated median value of houses and condos is $67,451. The median monthly owner costs of mortgage holders was $668, where as the costs for those who don't have a mortgage are $265. The median number of rooms in houses and condos are 5.5 versus apartments which had a median number of 10.0.
The real estate tax percent rate is 0.6% which equated to an average real estate tax amount payment of $372. 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 0.5% which amounted to an average tax amount of $365. Reported taxable interest for persons was $650 and itemized deductions $15,400. The average earned income tax credit is $2,350. The percent of individuals that use a tax preparer is 61.5%. Businesses reported an average profit of $4,000.
Depot Diner
232 S Main St, Griffin, IN 47616
Red Geranium Restaurant
504 North St, New Harmony, IN 47631 (5.7 miles away)
Chappy's Bar & Grill
116 S Main St, Grayville, IL 62844 (6.1 miles away)
The Red Wagon
6950 Frontage Rd, Poseyville, IN 47633 (6.6 miles away)
Green Onion
102 S Cross St, Crossville, IL 62827 (8.3 miles away)
Cozy Cafe
9421 W Market St, Keensburg, IL 62852 (10.4 miles away)
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