Interested in purchasing investment houses in the 40475 zip code in Richmond, KY?
The zip code 40475 is in Madison county with a latitude of -84.313700000000 and longitude of 37.766580000000, is in the state of Kentucky. The average asking price of houses and condos is $177,129.00 and the average sale price was $152,692.00. this regions is classified as the Lexington metro area and is in the 859 area code. The location in degrees is 37° 45' 59.688" N, 84° 18' 49.32" W. The county F.I.P.S. is 21151. The total land area is 273.0 square miles and the water area is 4.1 square miles. The elevation in this area is 692 - 991 feet. The zip code is on eastern standard time and observes daylight savings time.
The zip 40475 is in county number 151 and is L. Sector , L. Segment , H. Sector , and H. Segment . The population was 62,929 in 2019 and 55,803 in 2010. Of this, the break down in 2019 was 39,925 urban and 23,003 rural. This further breaks down to 30,376 males (48.3%) and 32,552 females (51.7%). The median age of residents is 33.8 years. The population of the greater Richmond-Berea, KY area is 100,706. The population density (people per square mile) is 231. This zip code has a combined total of 25,877 houses and condos. There are 10,410 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 $50,656 and the average salary is $43,810. The median household income of individuals is $41,404.00 and the average is $57,850.00. This zip code has a mean commute time to work of 24.1 minutes. The unemployment rate is 5.1%. Income earners by percent breakdown as 58.40% (Under $50,000), 29.20% ($50,000-$100,000), and 12.40% earn over $100,000. 18.4% of residents live below poverty line versus the 16.3% in the state that are below this line. The cost of living index is 82.8. The educational breakdown is 89.1% have a high school education or higher, 34.3% have a bachelor's degree or higher, and 14.7% have some kind of profesional degree.
This area has 21,736 households and the average size is 2.5 people. Individuals who are single and have never been married are 38.1%, 42.9% are now married, 2.0% are separated, 4.8% are widowed, and 12.2% are divorced. The average yearly contribution amount given by people to charity was $3,867 versus the state average of $4,303. The percent of residents who gave to charity was 25.3%.
The estimated median value of houses and condos is $188,198. The median monthly owner costs of mortgage holders was $1,252, where as the costs for those who don't have a mortgage are $408. The median number of rooms in houses and condos are 6.9 versus apartments which had a median number of 4.2.
The real estate tax percent rate is 0.8% which equated to an average real estate tax amount payment of $1,473. 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 0.8% which amounted to an average tax amount of $1,586. 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 $1,238. Reported taxable interest for persons was $1,164, dividends $4,026, capital gains +$6,401, and itemized deductions $20,472. The average earned income tax credit is $2,157. The percent of individuals that use a tax preparer is 59.7%. The total average income taxes paid by individuals was $8,228. Businesses reported an average profit of $9,079.
Outback Steakhouse
400 Highland Park Dr, Richmond, KY 40475
Red Lobster
828 Eastern Byp, Richmond, KY 40475
Koto Japanese Bistro
2127 Lantern Ridge Dr, Richmond, KY 40475
Khin's Sushi
839B Eastern Bypass, Richmond, KY 40475
Brady's Sushi and Hibachi
525 Eastern Byp, Richmond, KY 40475
Texas Roadhouse
2019 Colby Taylor Dr, Richmond, KY 40475
Gridiron Barbq
711 Big Hill Ave, Richmond, KY 40475
Smitty's Southern Style Bbq
474 E Irvine St, Richmond, KY 40475
Straight Shot Bar
218 S Porter Dr, Richmond, KY 40475
Logan's Roadhouse
2146 Lantern Ridge Dr, Richmond, KY 40475
O'Charley's
815 Eastern Byp, Richmond, KY 40475
Jackson's Restaurant
203 S 3rd St, Richmond, KY 40475
Tussey's Round Hill Gen Store
801 Kirksville Rd, Richmond, KY 40475
Wing Street
946 Commercial Dr, Richmond, KY 40475
Four Sisters
830 Eastern Byp, Richmond, KY 40475
Dq
1007 Sylvia Dr, Richmond, KY 40475
Purdy's Coffee Co
444 Big Hill Ave Ste B, Richmond, KY 40475
Newby Grocery
435 Newby Rd, Richmond, KY 40475
First Watch
2222 Lantern Ridge Dr, Richmond, KY 40475
Danielle's Country Sandwiches
1019 Ival James Blvd, Richmond, KY 40475
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