Interested in purchasing investment houses in the 40387 zip code in Wellington, KY?
The zip code 40387 is in Menifee county with a latitude of -83.492680000000 and longitude of 37.935350000000, is in the state of Kentucky. The average asking price of houses and condos is $73,125.00 and the average sale price was $48,000.00. this regions is classified as the Lexington metro area and is in the 606 area code. The location in degrees is 37° 56' 7.26" N, 83° 29' 33.648" W. The county F.I.P.S. is 21165. The total land area is 72.3 square miles and the water area is 1.6 square miles. The elevation in this area is 856 - 1161 feet. The zip code is on eastern standard time and observes daylight savings time.
The zip 40387 is in county number 165 and is L. Sector 00, L. Segment 01, H. Sector 40, and H. Segment 40. The population was 1,960 in 2019 and 2,046 in 2010. This further breaks down to 1,117 males (57.0%) and 842 females (43.0%). The median age of residents is 45.9 years. The population of the greater Mount Sterling, KY area is 44,771. The population density (people per square mile) is 27. This zip code has a combined total of 1,754 houses and condos. There are 205 rented appartments. 23% of residents rent versus the 23% 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 $30,851 and the average salary is $30,277. The median household income of individuals is $28,930.00 and the average is $36,730.00. This zip code has a mean commute time to work of 44.6 minutes. The unemployment rate is 2.5%. Income earners by percent breakdown as 79.00% (Under $50,000), 18.10% ($50,000-$100,000), and 2.90% earn over $100,000. 23.1% 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 74.5% have a high school education or higher, 13.2% have a bachelor's degree or higher, and 4.6% have some kind of profesional degree.
This area has 843 households and the average size is 2.2 people. Individuals who are single and have never been married are 26.4%, 48.2% are now married, 1.7% are separated, 10.4% are widowed, and 13.4% are divorced. The average yearly contribution amount given by people to charity was $1,267 versus the state average of $4,303. The percent of residents who gave to charity was 9.2%.
The estimated median value of houses and condos is $85,917. The median monthly owner costs of mortgage holders was $859, where as the costs for those who don't have a mortgage are $272. The median number of rooms in houses and condos are 5.6 versus apartments which had a median number of 4.7.
The real estate tax percent rate is 0.6% which equated to an average real estate tax amount payment of $513. 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 0.9% which amounted to an average tax amount of $835. Conversely, the median housing property tax percent for residents who don't have mortgages was 0.4% which amounted to an average tax amount of $305. Reported taxable interest for persons was $406, dividends $167, capital gains +$3,871, and itemized deductions $17,930. The average earned income tax credit is $2,427. The percent of individuals that use a tax preparer is 80.0%. The total average income taxes paid by individuals was $4,260. Businesses reported an average profit of $4,627.
The Bull Stop Inc
9230 Highway 1274, Wellington, KY 40387
B & E Frosty Freeze
14299 Highway 460 W, Ezel, KY 41425 (6.7 miles away)
Granny's Diner
316 Frank Hurt Rd, Frenchburg, KY 40322 (8 miles away)
Pop's Southern Style Bbq
11435 E Highway 60, Salt Lick, KY 40371 (12.5 miles away)
Chop Shop
126 Ky 205 N, Hazel Green, KY 41332 (12.7 miles away)
Freezer Fresh Dairy
598 Prestonsburg St, West Liberty, KY 41472 (14.7 miles away)
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