Interested in purchasing investment houses in the 01109 zip code in Springfield, MA?
The zip code 01109 is in Hampden county with a latitude of -72.548750000000 and longitude of 42.118370000000, is in the state of Massachusetts. The average asking price of houses and condos is $102,458.00 and the average sale price was $62,492.00. this regions is classified as the Springfield, MA metro area and is in the 413 area code. The location in degrees is 42° 7' 6.132" N, 72° 32' 55.5" W. The county F.I.P.S. is 25013. The total land area is 5.4 square miles and the water area is 0.2 square miles. The elevation in this area is 190 - 200 feet. The zip code is on eastern standard time and observes daylight savings time.
The zip 01109 is in county number 013 and is L. Sector 10, L. Segment , H. Sector , and H. Segment . The population was 30,714 in 2019 and 30,250 in 2010. This further breaks down to 14,685 males (47.8%) and 16,028 females (52.2%). The median age of residents is 29.1 years. The population of the greater Springfield, MA area is 691,379. The population density (people per square mile) is 5,644. This zip code has a combined total of 10,856 houses and condos. There are 5,311 rented appartments. 56% of residents rent versus the 56% 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 $29,312 and the average salary is $26,973. The median household income of individuals is $32,504.00 and the average is $33,300.00. This zip code has a mean commute time to work of 22.4 minutes. The unemployment rate is 7.3%. Income earners by percent breakdown as 66.60% (Under $50,000), 25.20% ($50,000-$100,000), and 8.20% earn over $100,000. 25.6% of residents live below poverty line versus the 9.4% in the state that are below this line. The cost of living index is 121.0. The educational breakdown is 79.4% have a high school education or higher, 17.2% have a bachelor's degree or higher, and 5.9% have some kind of profesional degree.
This area has 9,750 households and the average size is 2.9 people. Individuals who are single and have never been married are 58.5%, 25.1% are now married, 2.6% are separated, 3.7% are widowed, and 10.1% are divorced. The average yearly contribution amount given by people to charity was $2,920 versus the state average of $4,208. The percent of residents who gave to charity was 12.9%.
The estimated median value of houses and condos is $148,834. The median monthly owner costs of mortgage holders was $1,254, where as the costs for those who don't have a mortgage are $599. The median number of rooms in houses and condos are 6.0 versus apartments which had a median number of 4.9.
The real estate tax percent rate is 1.6% which equated to an average real estate tax amount payment of $2,432. In comparision, the average real estate tax percent rate in the state is 1.2% which equated to an average real estate tax amount payment in the state of $4,899. The median housing property tax percent for residents with mortgages was 1.6% which amounted to an average tax amount of $2,407. Conversely, the median housing property tax percent for residents who don't have mortgages was 1.7% which amounted to an average tax amount of $2,499. Reported taxable interest for persons was $683, dividends $2,577, capital gains +$2,345, and itemized deductions $15,417. The average earned income tax credit is $2,484. The percent of individuals that use a tax preparer is 50.5%. The total average income taxes paid by individuals was $4,984. Businesses reported an average profit of $8,545.
Paddy's Irish Pub
1060 Wilbraham Rd, Springfield, MA 01109
Wong Wok House at Berkshire Ave
309 Berkshire Ave, Springfield, MA 01109
2 Guys Pizzeria
477 Page Blvd, Springfield, MA 01104 (1.6 miles away)
UNO Pizzeria & Grill
820 Hall Of Fame Ave, Springfield, MA 01105 (1.6 miles away)
Theodores
201 Worthington St, Springfield, MA 01103 (1.9 miles away)
Moctezuma's Mexican Restaurant
684 Belmont Ave, Springfield, MA 01108 (2 miles away)
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