Interested in purchasing investment houses in the 40322 zip code in Frenchburg, KY?
The zip code 40322 is in Menifee county with a latitude of -83.633550000000 and longitude of 37.937040000000, is in the state of Kentucky. The average asking price of houses and condos is $108,857.00 and the average sale price was $85,386.00. this regions is classified as the Lexington metro area and is in the 606 area code. The location in degrees is 37° 56' 13.344" N, 83° 38' 0.78" W. The county F.I.P.S. is 21165. The total land area is 116.8 square miles and the water area is 0.6 square miles. The elevation in this area is 820 - 1211 feet. The zip code is on eastern standard time and observes daylight savings time.
The zip 40322 is in county number 165 and is L. Sector 00, L. Segment 01, H. Sector 77, and H. Segment 77. The population was 3,425 in 2019 and 3,328 in 2010. This further breaks down to 1,757 males (51.3%) and 1,668 females (48.7%). The median age of residents is 43.4 years. The population of the greater Mount Sterling, KY area is 44,771. The population density (people per square mile) is 29. This zip code has a combined total of 1,819 houses and condos. There are 276 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 $33,509 and the average salary is $30,819. The median household income of individuals is $26,527.00 and the average is $38,400.00. This zip code has a mean commute time to work of 30.5 minutes. The unemployment rate is 2.4%. Income earners by percent breakdown as 77.20% (Under $50,000), 18.70% ($50,000-$100,000), and 4.10% earn over $100,000. 22.0% of residents live below poverty line versus the 16.3% in the state that are below this line. The cost of living index is 80.4. The educational breakdown is 80.6% have a high school education or higher, 11.9% have a bachelor's degree or higher, and 1.9% have some kind of profesional degree.
This area has 1,252 households and the average size is 2.5 people. Individuals who are single and have never been married are 18.4%, 60.1% are now married, 2.3% are separated, 9.8% are widowed, and 9.3% are divorced. The average yearly contribution amount given by people to charity was $2,910 versus the state average of $4,303. The percent of residents who gave to charity was 8.7%.
The estimated median value of houses and condos is $81,272. The median monthly owner costs of mortgage holders was $741, where as the costs for those who don't have a mortgage are $311. The median number of rooms in houses and condos are 6.0 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 $465. 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 0.7% which amounted to an average tax amount of $579. 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 $399. Reported taxable interest for persons was $715, dividends $540, capital gains +$2,878, and itemized deductions $16,513. The average earned income tax credit is $2,472. The percent of individuals that use a tax preparer is 83.5%. The total average income taxes paid by individuals was $4,463. Businesses reported an average profit of $4,721.
Granny's Diner
316 Frank Hurt Rd, Frenchburg, KY 40322
Sugar Shack Cafe
569 Highway 36, Frenchburg, KY 40322
Burg
59 Main St, Frenchburg, KY 40322
Shawna's Snack Shop
3001 Tarr Ridge Rd, Frenchburg, KY 40322
Small Town Cafe
15 Main St, Frenchburg, KY 40322
Larry's Fast Food
1175 Highway 36, Frenchburg, KY 40322
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