Interested in purchasing investment houses in the 47959 zip code in Monon, IN?
The zip code 47959 is in both White and Jasper counties with a latitude of -86.901530000000 and longitude of 40.864860000000, is in the state of Indiana. The average asking price of houses and condos is $149,214.00 and the average sale price was $91,163.00. this regions is classified as the Indianapolis metro area and is in the 219 area code. The location in degrees is 40° 51' 53.496" N, 86° 54' 5.508" W. The county F.I.P.S. is 18181. The total land area is 68.4 square miles and the water area is 0.2 square miles. The elevation in this area is 659 - 686 feet. The zip code is on eastern standard time and observes daylight savings time.
The zip 47959 is in county number 073 and is L. Sector 96, L. Segment 00, H. Sector 00, and H. Segment 00. The population was 2,937 in 2019 and 2,822 in 2010. Of this, the break down in 2019 was 265 urban and 2,671 rural. This further breaks down to 1,577 males (53.7%) and 1,360 females (46.3%). The median age of residents is 37.1 years. The population density (people per square mile) is 43. This zip code has a combined total of 1,382 houses and condos. There are 294 rented appartments. 27% of residents rent versus the 27% 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 $36,919 and the average salary is $31,739. The median household income of individuals is $38,883.00 and the average is $42,710.00. This zip code has a mean commute time to work of 27.0 minutes. The unemployment rate is 6.2%. Income earners by percent breakdown as 63.50% (Under $50,000), 29.20% ($50,000-$100,000), and 7.30% earn over $100,000. 18.2% of residents live below poverty line versus the 11.9% in the state that are below this line. The cost of living index is 85.2. The educational breakdown is 68.9% have a high school education or higher, 10.1% have a bachelor's degree or higher, and 2.8% have some kind of profesional degree.
This area has 1,033 households and the average size is 2.7 people. Individuals who are single and have never been married are 32.7%, 45.0% are now married, 0.9% are separated, 5.4% are widowed, and 16.0% are divorced. The average yearly contribution amount given by people to charity was $3,475 versus the state average of $4,697. The percent of residents who gave to charity was 9.0%.
The estimated median value of houses and condos is $99,517. The median monthly owner costs of mortgage holders was $945, where as the costs for those who don't have a mortgage are $390. The median number of rooms in houses and condos are 6.6 versus apartments which had a median number of 5.3.
The real estate tax percent rate is 0.6% which equated to an average real estate tax amount payment of $589. 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 $618. 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 $544. Reported taxable interest for persons was $900, dividends $2,669, and itemized deductions $18,827. The average earned income tax credit is $2,296. The percent of individuals that use a tax preparer is 67.2%. The total average income taxes paid by individuals was $5,807. Businesses reported an average profit of $5,008.
Monon Family Restaurant
104 E 4th St, Monon, IN 47959
Nancy's Mexican Grocery
100 E 4th St, Monon, IN 47959
Viking Restaurant
803 N Lincoln St, Monon, IN 47959
Whistle Stop
10012 N Us Highway 421, Monon, IN 47959
Monon Pizza Pub
106 E 4th St, Monon, IN 47959
Pizza King
210 N Market St, Monon, IN 47959
USA Restaurant
401 E 2nd St, Reynolds, IN 47980 (7 miles away)