Interested in purchasing investment houses in the 41650 zip code in Melvin, KY?
The zip code 41650 is in Floyd county with a latitude of -82.683340000000 and longitude of 37.354510000000, is in the state of Kentucky. The average asking price of houses and condos is $12,000.00 and the average sale price was $76,083.00. this regions is classified as the Charleston metro area and is in the 606 area code. The location in degrees is 37° 21' 16.236" N, 82° 41' 0.024" W. The county F.I.P.S. is 21071. The total land area is 3.5 square miles and the water area is 0.0 square miles. The zip code is on eastern standard time and observes daylight savings time.
The zip 41650 is in county number 071 and is L. Sector 00, L. Segment 01, H. Sector 56, and H. Segment 56. The population was 413 in 2019 and 534 in 2010. This further breaks down to 176 males (42.8%) and 236 females (57.2%). The median age of residents is 32.9 years. The population density (people per square mile) is 119. This zip code has a combined total of 158 houses and condos. There are 23 rented appartments. 16% of residents rent versus the 16% 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 $30,800 and the average salary is $29,145. The median household income of individuals is $18,946.00 and the average is $32,510.00. The unemployment rate is 10.9%. Income earners by percent breakdown as 85.40% (Under $50,000), 11.70% ($50,000-$100,000), and 2.90% earn over $100,000. 13.7% of residents live below poverty line versus the 16.3% in the state that are below this line. The cost of living index is 79.4. The educational breakdown is 86.2% have a high school education or higher, 12.5% have a bachelor's degree or higher, and 6.2% have some kind of profesional degree.
This area has 216 households and the average size is 2.8 people. Individuals who are single and have never been married are 14.0%, 53.0% are now married, 0.0% are separated, 19.8% are widowed, and 13.1% are divorced.
The estimated median value of houses and condos is $42,240. The median monthly owner costs of mortgage holders was $686, where as the costs for those who don't have a mortgage are $284. The median number of rooms in houses and condos are 6.5.
The real estate tax percent rate is 1.1% which equated to an average real estate tax amount payment of $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. Reported taxable interest for persons was $100. The average earned income tax credit is $2,633. The percent of individuals that use a tax preparer is 64.0%. Businesses reported an average profit of $6,167.
Melvin Restaurant
23081 Ky Route 122, Melvin, KY 41650
Granny Flo's
139 Ky Route 306, Bypro, KY 41612 (2.3 miles away)
Hometown Pizza
396 Lower Caleb Frk, Weeksbury, KY 41667 (3 miles away)
Fat Daddys
20295 Ky Route 122, Bevinsville, KY 41606 (3.6 miles away)
Sunshine Diner
165 Longfork Rd, Virgie, KY 41572 (4.3 miles away)
Fountain Pizzeria
9575 Ky Route 122, Mc Dowell, KY 41647 (6.2 miles away)
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