Interested in purchasing investment houses in the 41016 zip code in Covington, KY?
The zip code 41016 is in Kenton county with a latitude of -84.549150000000 and longitude of 39.087090000000, is in the state of Kentucky. The average asking price of houses and condos is $121,427.00 and the average sale price was $64,495.00. this regions is classified as the Cincinnati metro area and is in the 859 area code. The location in degrees is 39° 5' 13.524" N, 84° 32' 56.94" W. The county F.I.P.S. is 21117. This zip code contains three cities including Ludlow, KY (54.33%), Covington, KY (28.14%), and Bromley, KY (17.53%) The total land area is 1.6 square miles and the water area is 0.5 square miles. The elevation in this area is 610 - 614 feet. The zip code is on eastern standard time and observes daylight savings time.
The zip 41016 is in county number 117 and is L. Sector , L. Segment , H. Sector , and H. Segment . The population was 5,933 in 2019 and 6,075 in 2010. This further breaks down to 2,811 males (47.4%) and 3,121 females (52.6%). The median age of residents is 38.1 years. The population of the greater Cincinnati-Middletown, OH-KY-IN area is 2,180,823. The population density (people per square mile) is 3,693. This zip code has a combined total of 3,000 houses and condos. There are 831 rented appartments. 34% of residents rent versus the 34% 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 $42,069 and the average salary is $38,599. The median household income of individuals is $45,357.00 and the average is $51,440.00. This zip code has a mean commute time to work of 21.6 minutes. The unemployment rate is 2.8%. Income earners by percent breakdown as 54.40% (Under $50,000), 35.00% ($50,000-$100,000), and 10.60% earn over $100,000. 14.8% of residents live below poverty line versus the 16.3% in the state that are below this line. The cost of living index is 87.1. The educational breakdown is 89.9% have a high school education or higher, 23.1% have a bachelor's degree or higher, and 10.0% have some kind of profesional degree.
This area has 2,543 households and the average size is 2.4 people. Individuals who are single and have never been married are 38.0%, 38.0% are now married, 3.0% are separated, 5.2% are widowed, and 15.9% are divorced. The average yearly contribution amount given by people to charity was $2,191 versus the state average of $4,303. The percent of residents who gave to charity was 19.7%.
The estimated median value of houses and condos is $118,978. The median monthly owner costs of mortgage holders was $1,107, where as the costs for those who don't have a mortgage are $402. The median number of rooms in houses and condos are 5.8 versus apartments which had a median number of 4.8.
The real estate tax percent rate is 1.3% which equated to an average real estate tax amount payment of $1,531. 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 1.3% which amounted to an average tax amount of $1,643. Conversely, the median housing property tax percent for residents who don't have mortgages was 1.3% which amounted to an average tax amount of $1,298. Reported taxable interest for persons was $414, dividends $1,762, capital gains +$1,820, and itemized deductions $15,922. The average earned income tax credit is $2,186. The percent of individuals that use a tax preparer is 48.4%. The total average income taxes paid by individuals was $7,392. Businesses reported an average profit of $10,043.
Peppe Cucina
39 W Pike St, Covington, KY 41011 (1.9 miles away)
Veracruz Mexican Grill Inc
3108 Price Ave, Cincinnati, OH 45205 (2.1 miles away)
Boi Na Braza Brazilian Steak House
441 Vine St, Cincinnati, OH 45202 (2.9 miles away)
Thai Express
213 W Mcmillan St, Cincinnati, OH 45219 (3.4 miles away)
Price Hill Chili
4920 Glenway Ave, Cincinnati, OH 45238 (3.6 miles away)
Joe's Crab Shack
25 Fairfield Ave, Bellevue, KY 41073 (3.9 miles away)
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