Interested in purchasing investment houses in the 47862 zip code in Montezuma, IN?
The zip code 47862 is in Parke county with a latitude of -87.345520000000 and longitude of 39.770490000000, is in the state of Indiana. The average asking price of houses and condos is $76,000.00 and the average sale price was $72,667.00. this regions is classified as the Terre Haute metro area and is in the 765 area code. The location in degrees is 39° 46' 13.764" N, 87° 20' 43.872" W. The county F.I.P.S. is 18121. This zip code contains two cities including Montezuma, IN (1.46%), and Mecca, IN (0.04%) The total land area is 40.4 square miles and the water area is 0.6 square miles. The elevation in this area is 532 - 630 feet. The zip code is on eastern standard time and observes daylight savings time.
The zip 47862 is in county number 121 and is L. Sector 00, L. Segment 01, H. Sector 86, and H. Segment 86. The population was 1,405 in 2019 and 1,610 in 2010. This further breaks down to 763 males (54.3%) and 642 females (45.7%). The median age of residents is 36.2 years. The population of the greater Terre Haute, IN area is 170,594. The population density (people per square mile) is 35. This zip code has a combined total of 683 houses and condos. There are 179 rented appartments. 30% of residents rent versus the 30% 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 $40,740 and the average salary is $33,771. The median household income of individuals is $40,000.00 and the average is $46,090.00. This zip code has a mean commute time to work of 18.6 minutes. The unemployment rate is 4.1%. Income earners by percent breakdown as 65.50% (Under $50,000), 26.50% ($50,000-$100,000), and 8.10% earn over $100,000. 11.3% of residents live below poverty line versus the 11.9% in the state that are below this line. The cost of living index is 84.1. The educational breakdown is 83.8% have a high school education or higher, 10.9% have a bachelor's degree or higher, and 4.5% have some kind of profesional degree.
This area has 635 households and the average size is 2.4 people. Individuals who are single and have never been married are 16.7%, 56.7% are now married, 1.1% are separated, 5.4% are widowed, and 20.2% are divorced. The average yearly contribution amount given by people to charity was $3,350 versus the state average of $4,697. The percent of residents who gave to charity was 8.2%.
The estimated median value of houses and condos is $78,840. The median monthly owner costs of mortgage holders was $779, where as the costs for those who don't have a mortgage are $337. The median number of rooms in houses and condos are 6.7 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 $547. 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 $621. Conversely, the median housing property tax percent for residents who don't have mortgages was 0.8% which amounted to an average tax amount of $488. Reported taxable interest for persons was $767, dividends $1,591, capital gains +$2,383, and itemized deductions $18,080. The average earned income tax credit is $2,441. The percent of individuals that use a tax preparer is 68.5%. The total average income taxes paid by individuals was $6,980. Businesses reported an average profit of $6,729.
Zoomtown Bar
850 N Washington St, Montezuma, IN 47862
Montezuma Grill
114 E Crawford St, Montezuma, IN 47862
Restaurant
Highway 36, Montezuma, IN 47862
Charlie's Place
979 N Washington St, Montezuma, IN 47862
Hubs Pub
850 N Washington St, Montezuma, IN 47862
The Tasty Freeze
481 E Crawford St, Montezuma, IN 47862
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