Interested in purchasing investment houses in the 40037 zip code in Loretto, KY?
The zip code 40037 is in both Marion and Nelson counties with a latitude of -85.411580000000 and longitude of 37.654680000000, is in the state of Kentucky. The average asking price of houses and condos is $115,667.00 and the average sale price was $187,401.00. this regions is classified as the Louisville metro area and consists of the following area codes: 270 and 364. The location in degrees is 37° 39' 16.848" N, 85° 24' 41.688" W. The county F.I.P.S. is 21155. The total land area is 49.1 square miles and the water area is 0.6 square miles. The elevation in this area is 633 - 732 feet. The zip code is on eastern standard time and observes daylight savings time.
The zip 40037 is in county number 179 and is L. Sector 95, L. Segment 01, H. Sector 01, and H. Segment 01. The population was 2,794 in 2019 and 2,864 in 2010. This further breaks down to 1,212 males (43.4%) and 1,581 females (56.6%). The median age of residents is 38.2 years. The population density (people per square mile) is 57. This zip code has a combined total of 1,189 houses and condos. There are 101 rented appartments. 10% of residents rent versus the 10% 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 $39,255 and the average salary is $36,245. The median household income of individuals is $41,026.00 and the average is $49,420.00. This zip code has a mean commute time to work of 24.6 minutes. The unemployment rate is 3.9%. Income earners by percent breakdown as 60.50% (Under $50,000), 31.00% ($50,000-$100,000), and 8.50% earn over $100,000. 7.9% of residents live below poverty line versus the 16.3% in the state that are below this line. The cost of living index is 81.7. The educational breakdown is 84.1% have a high school education or higher, 7.1% have a bachelor's degree or higher, and 1.5% have some kind of profesional degree.
This area has 1,076 households and the average size is 2.7 people. Individuals who are single and have never been married are 25.3%, 55.1% are now married, 1.6% are separated, 6.5% are widowed, and 11.6% are divorced. The average yearly contribution amount given by people to charity was $1,800 versus the state average of $4,303. The percent of residents who gave to charity was 13.2%.
The estimated median value of houses and condos is $129,483. The median monthly owner costs of mortgage holders was $1,060, where as the costs for those who don't have a mortgage are $325. The median number of rooms in houses and condos are 6.0 versus apartments which had a median number of 4.7.
The real estate tax percent rate is 0.7% which equated to an average real estate tax amount payment of $898. 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 $1,257. The median housing property tax percent for residents with mortgages was 0.8% which amounted to an average tax amount of $1,078. 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 $609. Reported taxable interest for persons was $1,263, dividends $1,940, capital gains +$2,012, and itemized deductions $15,336. The average earned income tax credit is $2,421. The percent of individuals that use a tax preparer is 75.2%. The total average income taxes paid by individuals was $5,218. Businesses reported an average profit of $5,719.
Bourbon Barrell Steak House
4925 Highway 52, Loretto, KY 40037
Star Hill Provisions
3350 Burkes Spring Rd On The Grounds Of Maker's Mark Distillery, Loretto, KY 40037
Big Momma's Buffet and Bar
4925 Highway 52, Loretto, KY 40037
Backyard Bar Bq & Grill
1565 Spencer Hamilton Rd, Loretto, KY 40037
Cozy Corner Tavern & Liquor
4950 Highway 52, Loretto, KY 40037
Bubba's Pizza
6715 Highway 52, Loretto, KY 40037
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