Interested in purchasing investment houses in the 47981 zip code in Romney, IN?
The zip code 47981 is in both Tippecanoe and Montgomery counties with a latitude of -86.930400000000 and longitude of 40.245000000000, is in the state of Indiana. The average asking price of houses and condos is $140,500.00 and the average sale price was $146,984.00. this regions is classified as the LaFayette metro area and is in the 765 area code. The location in degrees is 40° 14' 42" N, 86° 55' 49.44" W. The county F.I.P.S. is 18157. The total land area is 36.4 square miles and the water area is 0.0 square miles. The elevation in this area is 719 - 797 feet. The zip code is on eastern standard time and observes daylight savings time.
The zip 47981 is in county number 107 and is L. Sector 96, L. Segment 01, H. Sector 01, and H. Segment 01. The population was 1,142 in 2019 and 849 in 2010. This further breaks down to 584 males (51.1%) and 558 females (48.9%). The median age of residents is 33.9 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 385 houses and condos. There are 45 rented appartments. 12% of residents rent versus the 12% 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 $53,805 and the average salary is $44,814. The median household income of individuals is $52,891.00 and the average is $66,200.00. This zip code has a mean commute time to work of 23.4 minutes. Income earners by percent breakdown as 47.40% (Under $50,000), 32.10% ($50,000-$100,000), and 20.60% earn over $100,000. 2.9% of residents live below poverty line versus the 11.9% in the state that are below this line. The cost of living index is 86.5. The educational breakdown is 97.1% have a high school education or higher, 29.2% have a bachelor's degree or higher, and 6.1% have some kind of profesional degree.
This area has 310 households and the average size is 3.0 people. Individuals who are single and have never been married are 31.4%, 55.4% are now married, 0.0% are separated, 2.9% are widowed, and 10.3% are divorced. The average yearly contribution amount given by people to charity was $3,700 versus the state average of $4,697. The percent of residents who gave to charity was 22.5%.
The estimated median value of houses and condos is $246,471. The median monthly owner costs of mortgage holders was $1,360, where as the costs for those who don't have a mortgage are $695. The median number of rooms in houses and condos are 7.6 versus apartments which had a median number of 6.0.
The real estate tax percent rate is 0.6% which equated to an average real estate tax amount payment of $1,385. 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. Reported taxable interest for persons was $423, dividends $1,014, capital gains +$150, and itemized deductions $18,555. The average earned income tax credit is $2,100. The percent of individuals that use a tax preparer is 55.0%. The total average income taxes paid by individuals was $6,464. Businesses reported an average profit of $6,500.
Pit Stop Diner
4 State Road 28 W, Romney, IN 47981
Southern Rita & Dana
11312 Us Highway 231 S, Romney, IN 47981
The Dock 231
5011 Old Us Highway 231 S, Lafayette, IN 47909 (4.8 miles away)
Station 308
308 S Main St, Linden, IN 47955 (5.4 miles away)
Hickory Cafe
102 E Washington St, New Richmond, IN 47967 (6.1 miles away)
The Sidewalk Cafe
9020 Yorktown St Suite 110, Stockwell, IN 47983 (8 miles away)