Interested in purchasing investment houses in the 40050 zip code in New Castle, KY?
The zip code 40050 is in Henry county with a latitude of -85.190080000000 and longitude of 38.445900000000, is in the state of Kentucky. The average asking price of houses and condos is $168,750.00 and the average sale price was $324,990.00. this regions is classified as the Louisville metro area and is in the 502 area code. The location in degrees is 38° 26' 45.24" N, 85° 11' 24.288" W. The county F.I.P.S. is 21103. The total land area is 9.7 square miles and the water area is 0.1 square miles. The elevation in this area is 699 - 899 feet. The zip code is on eastern standard time and observes daylight savings time.
The zip 40050 is in county number 103 and is L. Sector 00, L. Segment 01, H. Sector 20, and H. Segment 20. The population was 1,414 in 2019 and 1,389 in 2010. This further breaks down to 609 males (43.1%) and 804 females (56.9%). The median age of residents is 47.4 years. The population of the greater Louisville-Jefferson County, KY-IN area is 1,273,611. The population density (people per square mile) is 146. This zip code has a combined total of 645 houses and condos. There are 240 rented appartments. 44% of residents rent versus the 44% 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 $40,916 and the average salary is $33,733. The median household income of individuals is $42,010.00 and the average is $48,760.00. This zip code has a mean commute time to work of 26.9 minutes. The unemployment rate is 5.1%. Income earners by percent breakdown as 54.50% (Under $50,000), 33.50% ($50,000-$100,000), and 12.10% earn over $100,000. 21.2% of residents live below poverty line versus the 16.3% in the state that are below this line. The cost of living index is 83.5. The educational breakdown is 78.6% have a high school education or higher, 10.0% have a bachelor's degree or higher, and 5.7% have some kind of profesional degree.
This area has 542 households and the average size is 2.4 people. Individuals who are single and have never been married are 24.4%, 48.4% are now married, 1.3% are separated, 10.4% are widowed, and 15.5% are divorced. The average yearly contribution amount given by people to charity was $4,500 versus the state average of $4,303. The percent of residents who gave to charity was 17.1%.
The estimated median value of houses and condos is $136,228. The median monthly owner costs of mortgage holders was $1,068, where as the costs for those who don't have a mortgage are $411. The median number of rooms in houses and condos are 6.1 versus apartments which had a median number of 4.1.
The real estate tax percent rate is 0.9% which equated to an average real estate tax amount payment of $1,215. 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 1.0% which amounted to an average tax amount of $1,252. 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 $1,029. Reported taxable interest for persons was $1,562, dividends $4,470, capital gains +$6,850, and itemized deductions $18,814. The average earned income tax credit is $2,231. The percent of individuals that use a tax preparer is 72.9%. The total average income taxes paid by individuals was $6,264. Businesses reported an average profit of $11,582.
Buddys Place
18 W Cross Main St, New Castle, KY 40050
18 Main Street Bar & Grill
18 S Main St, New Castle, KY 40050
New Castle Tavern
18 N Main St, New Castle, KY 40050
Expressoly For You Cafe
23 E Cross Main St, New Castle, KY 40050
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