Interested in purchasing investment houses in the 47970 zip code in Otterbein, IN?
The zip code 47970 is in both Warren and Benton counties with a latitude of -87.131420000000 and longitude of 40.473250000000, is in the state of Indiana. The average asking price of houses and condos is $122,824.00 and the average sale price was $20,000.00. this regions is classified as the LaFayette metro area and is in the 765 area code. The location in degrees is 40° 28' 23.7" N, 87° 7' 53.112" W. The county F.I.P.S. is 18007. The total land area is 58.7 square miles and the water area is 0.4 square miles. The elevation in this area is 584 - 755 feet. The zip code is on eastern standard time and observes daylight savings time.
The zip 47970 is in county number 157 and is L. Sector 96, L. Segment 00, H. Sector 00, and H. Segment 00. The population was 1,798 in 2019 and 2,034 in 2010. This further breaks down to 896 males (49.8%) and 901 females (50.2%). The median age of residents is 44.1 years. The population of the greater Lafayette, IN area is 197,958. The population density (people per square mile) is 31. This zip code has a combined total of 843 houses and condos. There are 182 rented appartments. 24% of residents rent versus the 24% of residents in the state who rent.
The financial status of those living in this area is considered middle class. The average individual gross adjusted income is $47,343 and the average salary is $39,649. The median household income of individuals is $52,934.00 and the average is $55,250.00. This zip code has a mean commute time to work of 26.7 minutes. The unemployment rate is 5.7%. Income earners by percent breakdown as 46.40% (Under $50,000), 40.10% ($50,000-$100,000), and 13.50% 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 86.1. The educational breakdown is 95.1% have a high school education or higher, 25.6% have a bachelor's degree or higher, and 7.0% have some kind of profesional degree.
This area has 773 households and the average size is 2.4 people. Individuals who are single and have never been married are 21.6%, 52.9% are now married, 0.6% are separated, 6.6% are widowed, and 18.3% are divorced. The average yearly contribution amount given by people to charity was $3,693 versus the state average of $4,697. The percent of residents who gave to charity was 14.4%.
The estimated median value of houses and condos is $133,685. The median monthly owner costs of mortgage holders was $1,067, where as the costs for those who don't have a mortgage are $444. The median number of rooms in houses and condos are 6.2 versus apartments which had a median number of 5.0.
The real estate tax percent rate is 0.6% which equated to an average real estate tax amount payment of $738. 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 $752. Conversely, the median housing property tax percent for residents who don't have mortgages was 0.5% which amounted to an average tax amount of $701. Reported taxable interest for persons was $638, dividends $1,493, capital gains +$7,100, and itemized deductions $17,316. The average earned income tax credit is $2,033. The percent of individuals that use a tax preparer is 49.5%. The total average income taxes paid by individuals was $6,347. Businesses reported an average profit of $7,207.
DNR Nite Owl
112 S Main St, Otterbein, IN 47970
Pizza King Inc.
109 S Main St, Otterbein, IN 47970
Pizza King
109 S Main St, Otterbein, IN 47970
Subway
9150 W 500 N, Otterbein, IN 47970
Cooking With the Troops
Montmorenci, IN 47962 (5.8 miles away)
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