Interested in purchasing investment houses in the 40472 zip code in Ravenna, KY?
The zip code 40472 is in both Estill and Powell counties with a latitude of -83.860250000000 and longitude of 37.716810000000, is in the state of Kentucky. The average asking price of houses and condos is $133,500.00 and the average sale price was $92,560.00. this regions is classified as the Lexington metro area and is in the 606 area code. The location in degrees is 37° 43' 0.516" N, 83° 51' 36.9" W. The county F.I.P.S. is 21065. The total land area is 52.3 square miles and the water area is 0.2 square miles. The elevation in this area is 850 - 1243 feet. The zip code is on eastern standard time and observes daylight savings time.
The zip 40472 is in county number 065 and is L. Sector , L. Segment , H. Sector , and H. Segment . The population was 1,593 in 2019 and 1,679 in 2010. Of this, the break down in 2019 was 800 urban and 792 rural. This further breaks down to 874 males (54.9%) and 718 females (45.1%). The median age of residents is 55.1 years. The population density (people per square mile) is 30. This zip code has a combined total of 926 houses and condos. There are 144 rented appartments. 22% of residents rent versus the 22% 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 $33,170 and the average salary is $31,965. The median household income of individuals is $32,052.00 and the average is $38,210.00. This zip code has a mean commute time to work of 29.3 minutes. The unemployment rate is 6.9%. Income earners by percent breakdown as 67.00% (Under $50,000), 27.50% ($50,000-$100,000), and 5.40% earn over $100,000. 18.5% of residents live below poverty line versus the 16.3% in the state that are below this line. The cost of living index is 80.7. The educational breakdown is 70.4% have a high school education or higher, 6.5% have a bachelor's degree or higher, and 1.9% have some kind of profesional degree.
This area has 716 households and the average size is 2.4 people. Individuals who are single and have never been married are 21.0%, 49.0% are now married, 5.5% are separated, 6.3% are widowed, and 18.2% are divorced. The average yearly contribution amount given by people to charity was $3,800 versus the state average of $4,303. The percent of residents who gave to charity was 11.1%.
The estimated median value of houses and condos is $68,446. The median monthly owner costs of mortgage holders was $807, where as the costs for those who don't have a mortgage are $281. The median number of rooms in houses and condos are 5.5 versus apartments which had a median number of 5.2.
The real estate tax percent rate is 0.9% which equated to an average real estate tax amount payment of $604. 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 $1,020. 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 $449. Reported taxable interest for persons was $278, dividends $200, capital gains +$750, and itemized deductions $17,688. The average earned income tax credit is $2,239. The percent of individuals that use a tax preparer is 75.9%. The total average income taxes paid by individuals was $5,275. Businesses reported an average profit of $6,220.
Old Timers Restaurant
735 Main St, Ravenna, KY 40472
Wigwam Drive-In
419 3rd St, Ravenna, KY 40472
House of 'Cue
77 River Dr, Irvine, KY 40336 (2.6 miles away)
Kathy's Country Kitchen
20 Black Creek Rd, Clay City, KY 40312 (11.5 miles away)
The Side Porch Cafe & Bakery
225 Waco Loop Rd, Waco, KY 40385 (11.5 miles away)
R & B Country Kitchen
602 Darrell Randall Rd, Stanton, KY 40380 (12.6 miles away)
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