Interested in purchasing investment houses in the 40371 zip code in Salt Lick, KY?
The zip code 40371 is in Bath county with a latitude of -83.598750000000 and longitude of 38.081600000000, is in the state of Kentucky. The average asking price of houses and condos is $109,500.00 and the average sale price was $27,000.00. this regions is classified as the Lexington metro area and is in the 606 area code. The location in degrees is 38° 4' 53.76" N, 83° 35' 55.5" W. The county F.I.P.S. is 21011. The total land area is 74.3 square miles and the water area is 5.0 square miles. The elevation in this area is 676 - 958 feet. The zip code is on eastern standard time and observes daylight savings time.
The zip 40371 is in county number 165 and is L. Sector 96, L. Segment 01, H. Sector 01, and H. Segment 01. The population was 3,047 in 2019 and 2,838 in 2010. This further breaks down to 1,445 males (47.4%) and 1,602 females (52.6%). The median age of residents is 42.1 years. The population of the greater Mount Sterling, KY area is 44,771. The population density (people per square mile) is 41. This zip code has a combined total of 1,343 houses and condos. There are 228 rented appartments. 19% of residents rent versus the 19% 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 $36,017 and the average salary is $33,216. The median household income of individuals is $29,315.00 and the average is $41,980.00. This zip code has a mean commute time to work of 35.7 minutes. The unemployment rate is 10.1%. Income earners by percent breakdown as 74.00% (Under $50,000), 19.50% ($50,000-$100,000), and 6.50% earn over $100,000. 25.9% of residents live below poverty line versus the 16.3% in the state that are below this line. The cost of living index is 81.4. The educational breakdown is 74.6% have a high school education or higher, 10.1% have a bachelor's degree or higher, and 4.4% have some kind of profesional degree.
This area has 1,145 households and the average size is 2.5 people. Individuals who are single and have never been married are 20.4%, 53.8% are now married, 1.9% are separated, 7.1% are widowed, and 16.8% are divorced. The average yearly contribution amount given by people to charity was $3,200 versus the state average of $4,303. The percent of residents who gave to charity was 10.9%.
The estimated median value of houses and condos is $79,614. The median monthly owner costs of mortgage holders was $921, where as the costs for those who don't have a mortgage are $315. The median number of rooms in houses and condos are 6.0 versus apartments which had a median number of 4.3.
The real estate tax percent rate is 0.8% which equated to an average real estate tax amount payment of $623. 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 1.1% which amounted to an average tax amount of $957. Conversely, the median housing property tax percent for residents who don't have mortgages was 0.7% which amounted to an average tax amount of $436. Reported taxable interest for persons was $716, dividends $1,275, capital gains +$2,000, and itemized deductions $16,744. The average earned income tax credit is $2,591. The percent of individuals that use a tax preparer is 77.2%. The total average income taxes paid by individuals was $5,317. Businesses reported an average profit of $4,294.
Pop's Southern Style Bbq
11435 E Highway 60, Salt Lick, KY 40371
Clear Creek Market
865 Clear Creek Rd, Salt Lick, KY 40371
Pancake Annie's
11435 E Highway 60, Salt Lick, KY 40371
Midland Grocery-Frostee Freeze
11295 E Highway 60, Salt Lick, KY 40371
Pickles Place
3882 Mudlick Rd, Salt Lick, KY 40371
When my husband passed away suddenly, I was left with a home I had to sell fast. The experts from We Buy Homes dealt with me professionally, fairly, and honestly. I didn’t have to list my house and I didn’t have to deal with strangers walking through my home. And I didn’t have to pay a realtor! They handled everything and that provided the peace of mind I needed during such a difficult time. I highly recommend them!
