Interested in purchasing investment houses in the 47901 zip code in Lafayette, IN?
The zip code 47901 is in Tippecanoe county with a latitude of -86.889950000000 and longitude of 40.417850000000, is in the state of Indiana. The average asking price of houses and condos is $157,909.00 and the average sale price was $63,000.00. this regions is classified as the LaFayette metro area and is in the 765 area code. The location in degrees is 40° 25' 4.26" N, 86° 53' 23.82" W. The county F.I.P.S. is 18157. The total land area is 0.6 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 47901 is in county number 157 and is L. Sector 10, L. Segment , H. Sector , and H. Segment . The population was 3,755 in 2019 and 3,518 in 2010. This further breaks down to 1,939 males (51.6%) and 1,816 females (48.4%). The median age of residents is 28.8 years. The population of the greater Lafayette, IN area is 197,958. The population density (people per square mile) is 6,336. This zip code has a combined total of 2,527 houses and condos. There are 1,831 rented appartments. 85% of residents rent versus the 85% 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 $36,292 and the average salary is $30,113. The median household income of individuals is $26,098.00 and the average is $45,770.00. This zip code has a mean commute time to work of 15.1 minutes. The unemployment rate is 4.6%. Income earners by percent breakdown as 75.70% (Under $50,000), 18.30% ($50,000-$100,000), and 6.00% earn over $100,000. 21.3% of residents live below poverty line versus the 11.9% in the state that are below this line. The cost of living index is 90.0. The educational breakdown is 92.4% have a high school education or higher, 42.2% have a bachelor's degree or higher, and 18.7% have some kind of profesional degree.
This area has 1,963 households and the average size is 1.7 people. Individuals who are single and have never been married are 60.0%, 21.9% are now married, 4.1% are separated, 1.9% are widowed, and 12.0% are divorced. The average yearly contribution amount given by people to charity was $5,080 versus the state average of $4,697. The percent of residents who gave to charity was 8.8%.
The estimated median value of houses and condos is $174,597. The median monthly owner costs of mortgage holders was $1,339, where as the costs for those who don't have a mortgage are $431. The median number of rooms in houses and condos are 6.1 versus apartments which had a median number of 3.3.
The real estate tax percent rate is 0.7% which equated to an average real estate tax amount payment of $1,297. 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 $1,274. Conversely, the median housing property tax percent for residents who don't have mortgages was 1.0% which amounted to an average tax amount of $1,597. Reported taxable interest for persons was $857, dividends $4,010, capital gains +$7,760, and itemized deductions $23,447. The average earned income tax credit is $1,763. The percent of individuals that use a tax preparer is 37.4%. The total average income taxes paid by individuals was $8,768. Businesses reported an average profit of $11,342.
La Scala
312 Main St, Lafayette, IN 47901
Toscana Italian Grill & Bar
515 South St, Lafayette, IN 47901
Bea One Korean Cuisine & Bar
220 Columbia St, Lafayette, IN 47901
Black Sparrow
223 Main St, Lafayette, IN 47901
Sunrise Diner
501 Columbia St, Lafayette, IN 47901
Buttery Shelf Eatery
927 Main St, Lafayette, IN 47901
DT Kirby's
644 Main St, Lafayette, IN 47901
Pete's Diner
601 Main St, Lafayette, IN 47901
Bistro 501
501 Main St, Lafayette, IN 47901
Spurlock's
721 Main St, Lafayette, IN 47901
Parkside Deli
1902 Scott St, Lafayette, IN 47904 (1 miles away)
Mountain Jack's
4211 South St, Lafayette, IN 47905 (1.9 miles away)
McGraw's Steak Chop and Fish House
2707 S River Rd, West Lafayette, IN 47906 (2.6 miles away)
The Dock 231
5011 Old Us Highway 231 S, Lafayette, IN 47909 (6.6 miles away)
Trish's Red Bird Cafe
696 Walnut St, Dayton, IN 47941 (6.7 miles away)