Interested in purchasing investment houses in the 47987 zip code in Veedersburg, IN?
The zip code 47987 is in Fountain county with a latitude of -87.226610000000 and longitude of 40.123440000000, is in the state of Indiana. The average asking price of houses and condos is $82,462.00 and the average sale price was $134,403.00. this regions is classified as the Indianapolis metro area and is in the 765 area code. The location in degrees is 40° 7' 24.384" N, 87° 13' 35.796" W. The county F.I.P.S. is 18045. This zip code contains two cities including Veedersburg, IN (2.20%), and Newtown, IN (0.24%) The total land area is 123.6 square miles and the water area is 0.0 square miles. The elevation in this area is 610 - 748 feet. The zip code is on eastern standard time and observes daylight savings time.
The zip 47987 is in county number 045 and is L. Sector 00, L. Segment 01, H. Sector 46, and H. Segment 46. The population was 4,118 in 2019 and 4,049 in 2010. This further breaks down to 2,028 males (49.3%) and 2,090 females (50.7%). The median age of residents is 44.4 years. The population density (people per square mile) is 33. This zip code has a combined total of 1,970 houses and condos. There are 343 rented appartments. 20% of residents rent versus the 20% 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 $43,269 and the average salary is $37,702. The median household income of individuals is $47,647.00 and the average is $49,340.00. This zip code has a mean commute time to work of 23.9 minutes. The unemployment rate is 3.4%. Income earners by percent breakdown as 53.30% (Under $50,000), 38.10% ($50,000-$100,000), and 8.50% earn over $100,000. 8.2% of residents live below poverty line versus the 11.9% in the state that are below this line. The cost of living index is 84.8. The educational breakdown is 87.3% have a high school education or higher, 11.1% have a bachelor's degree or higher, and 4.6% have some kind of profesional degree.
This area has 1,623 households and the average size is 2.4 people. Individuals who are single and have never been married are 22.4%, 55.2% are now married, 1.7% are separated, 5.9% are widowed, and 14.9% are divorced. The average yearly contribution amount given by people to charity was $5,133 versus the state average of $4,697. The percent of residents who gave to charity was 9.7%.
The estimated median value of houses and condos is $111,902. The median monthly owner costs of mortgage holders was $972, where as the costs for those who don't have a mortgage are $347. The median number of rooms in houses and condos are 6.2 versus apartments which had a median number of 5.2.
The real estate tax percent rate is 0.6% which equated to an average real estate tax amount payment of $655. 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 0.6% which amounted to an average tax amount of $724. 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 $561. Reported taxable interest for persons was $878, dividends $1,645, capital gains +$5,229, and itemized deductions $17,458. The average earned income tax credit is $2,052. The percent of individuals that use a tax preparer is 71.0%. The total average income taxes paid by individuals was $5,662. Businesses reported an average profit of $7,955.
Family Pizzeria
818 N Sterling Ave, Veedersburg, IN 47987
Payton's Barbecue
119 E Washington St, Veedersburg, IN 47987
Mainstreet Cafe
211 N Main St, Veedersburg, IN 47987
Apple Tree
1100 E 2nd St, Veedersburg, IN 47987
Mustang Room Restaurant
1100 E 2nd St, Veedersburg, IN 47987
Suzie Q's
420 E Us Highway 136, Veedersburg, IN 47987
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