Interested in purchasing investment houses in the 40962 zip code in Manchester, KY?
The zip code 40962 is in both Clay and Laurel counties with a latitude of -83.740610000000 and longitude of 37.145870000000, is in the state of Kentucky. The average asking price of houses and condos is $234,778.00 and the average sale price was $77,804.00. this regions is classified as the Lexington metro area and is in the 606 area code. The location in degrees is 37° 8' 45.132" N, 83° 44' 26.196" W. The county F.I.P.S. is 21051. The total land area is 371.0 square miles and the water area is 1.2 square miles. The elevation in this area is 951 - 1732 feet. The zip code is on eastern standard time and observes daylight savings time.
The zip 40962 is in county number 151 and is L. Sector 12, L. Segment 89, H. Sector 89, and H. Segment 89. The population was 17,634 in 2019 and 19,143 in 2010. Of this, the break down in 2019 was 4,144 urban and 13,489 rural. This further breaks down to 9,274 males (52.6%) and 8,359 females (47.4%). The median age of residents is 40.0 years. The population density (people per square mile) is 48. This zip code has a combined total of 7,608 houses and condos. There are 2,011 rented appartments. 31% of residents rent versus the 31% 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 $35,599 and the average salary is $32,391. The median household income of individuals is $20,355.00 and the average is $38,840.00. This zip code has a mean commute time to work of 33.1 minutes. The unemployment rate is 8.8%. Income earners by percent breakdown as 79.20% (Under $50,000), 16.00% ($50,000-$100,000), and 4.80% earn over $100,000. 35.0% of residents live below poverty line versus the 16.3% in the state that are below this line. The cost of living index is 80.6. The educational breakdown is 64.0% have a high school education or higher, 9.8% have a bachelor's degree or higher, and 5.9% have some kind of profesional degree.
This area has 6,723 households and the average size is 2.5 people. Individuals who are single and have never been married are 23.6%, 52.1% are now married, 4.7% are separated, 8.8% are widowed, and 10.8% are divorced. The average yearly contribution amount given by people to charity was $5,064 versus the state average of $4,303. The percent of residents who gave to charity was 9.7%.
The estimated median value of houses and condos is $59,268. The median monthly owner costs of mortgage holders was $820, where as the costs for those who don't have a mortgage are $285. The median number of rooms in houses and condos are 5.8 versus apartments which had a median number of 4.6.
The real estate tax percent rate is 0.8% which equated to an average real estate tax amount payment of $461. 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 1.0% which amounted to an average tax amount of $739. 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 $355. Reported taxable interest for persons was $1,648, dividends $2,053, capital gains +$2,962, and itemized deductions $18,256. The average earned income tax credit is $2,630. The percent of individuals that use a tax preparer is 76.6%. The total average income taxes paid by individuals was $6,345. Businesses reported an average profit of $9,941.
Wing Street
518 Manchester Square Shpg Ctr, Manchester, KY 40962
Mi Cabana
2727 S Highway 421, Manchester, KY 40962
Lee's Famous Recipe Chicken
118 Clay County Shopping Ctr, Manchester, KY 40962
Krispy Krunchy Chicken
15850 S Highway 421, Manchester, KY 40962
Green Pine Restaurant - CLOSED
106 Clay County Shopping Ctr, Manchester, KY 40962
D R Bar & Grill
105 Anderson St, Manchester, KY 40962
Country Cookin & More
105 Anderson St, Manchester, KY 40962
Starwood Mountain Dining Company
15 Manchester Square Shpg Ctr, Manchester, KY 40962
El Dorados
376 Manchester Square Shpg Ctr, Manchester, KY 40962
The Axis Coffee Shop and Gathering Place
38 Owens Rd, Manchester, KY 40962
Pat's Snack Bar
112 Town Branch Rd, Manchester, KY 40962
Big Tom's Burgers & Dawgs
2475 S Highway 421, Manchester, KY 40962
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