Interested in purchasing investment houses in the 38629 zip code in Falkner, MS?
The zip code 38629 is in both Tippah and Benton counties with a latitude of -89.000940000000 and longitude of 34.874980000000, is in the state of Mississippi. The average asking price of houses and condos is $202,500.00 and the average sale price was $58,536.00. this regions is classified as the Memphis metro area and is in the 662 area code. The location in degrees is 34° 52' 29.928" N, 89° 0' 3.384" W. The county F.I.P.S. is 28139. The total land area is 50.6 square miles and the water area is 0.3 square miles. The elevation in this area is 469 - 610 feet. The zip code is on central standard time and observes daylight savings time.
The zip 38629 is in county number 009 and is L. Sector 96, L. Segment 02, H. Sector 02, and H. Segment 02. The population was 2,086 in 2019 and 1,774 in 2010. This further breaks down to 1,110 males (53.2%) and 975 females (46.8%). The median age of residents is 31.4 years. The population density (people per square mile) is 41. This zip code has a combined total of 850 houses and condos. There are 177 rented appartments. 25% of residents rent versus the 25% 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 $36,181 and the average salary is $33,705. The median household income of individuals is $36,439.00 and the average is $41,130.00. This zip code has a mean commute time to work of 30.8 minutes. The unemployment rate is 0.3%. Income earners by percent breakdown as 70.00% (Under $50,000), 24.20% ($50,000-$100,000), and 5.80% earn over $100,000. 13.1% of residents live below poverty line versus the 19.6% in the state that are below this line. The cost of living index is 77.3. The educational breakdown is 85.3% have a high school education or higher, 17.7% have a bachelor's degree or higher, and 5.9% have some kind of profesional degree.
This area has 668 households and the average size is 3.0 people. Individuals who are single and have never been married are 37.9%, 48.5% are now married, 0.4% are separated, 4.4% are widowed, and 8.7% are divorced. The average yearly contribution amount given by people to charity was $6,329 versus the state average of $6,081. The percent of residents who gave to charity was 10.3%.
The estimated median value of houses and condos is $125,834. The median monthly owner costs of mortgage holders was $1,118, where as the costs for those who don't have a mortgage are $329. The median number of rooms in houses and condos are 6.4 versus apartments which had a median number of 3.2.
The real estate tax percent rate is 0.5% which equated to an average real estate tax amount payment of $609. 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 $1,009. The median housing property tax percent for residents with mortgages was 0.5% which amounted to an average tax amount of $546. Conversely, the median housing property tax percent for residents who don't have mortgages was 0.5% which amounted to an average tax amount of $697. Reported taxable interest for persons was $1,429, dividends $750, capital gains +$16,300, and itemized deductions $17,220. The average earned income tax credit is $2,532. The percent of individuals that use a tax preparer is 75.0%. The total average income taxes paid by individuals was $3,490. Businesses reported an average profit of $6,745.
Muddy Creek Cafe
20640 Highway 15, Falkner, MS 38629
Shirley's Restaurant
902 N Main St, Ripley, MS 38663 (6.5 miles away)
Camo Cafe
21 Mitchell Ave, Walnut, MS 38683 (8.1 miles away)
El Rancho Restaurant
70 Main St S, Ashland, MS 38603 (10.8 miles away)
Tallahatchie Gourmet
119 E Main St, Blue Mountain, MS 38610 (12.2 miles away)
Crossroad Country Kitchen
143 Tennessee Ave E, Middleton, TN 38052 (16.8 miles away)
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