Interested in purchasing investment houses in the 38642 zip code in Lamar, MS?
The zip code 38642 is in both Benton and Marshall counties with a latitude of -89.329840000000 and longitude of 34.917300000000, is in the state of Mississippi. The average asking price of houses and condos is $279,250.00 and the average sale price was $100,745.00. this regions is classified as the Memphis metro area and is in the 662 area code. The location in degrees is 34° 55' 2.28" N, 89° 19' 47.424" W. The county F.I.P.S. is 28009. The total land area is 83.1 square miles and the water area is 0.2 square miles. The elevation in this area is 390 - 594 feet. The zip code is on central standard time and observes daylight savings time.
The zip 38642 is in county number 009 and is L. Sector 97, L. Segment 01, H. Sector 01, and H. Segment 01. The population was 2,313 in 2019 and 2,321 in 2010. This further breaks down to 1,153 males (49.8%) and 1,160 females (50.2%). The median age of residents is 39.3 years. The population density (people per square mile) is 28. This zip code has a combined total of 1,173 houses and condos. There are 146 rented appartments. 17% of residents rent versus the 17% 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 $32,516 and the average salary is $29,509. The median household income of individuals is $29,080.00 and the average is $38,840.00. This zip code has a mean commute time to work of 26.2 minutes. The unemployment rate is 4.0%. Income earners by percent breakdown as 79.10% (Under $50,000), 17.70% ($50,000-$100,000), and 3.20% earn over $100,000. 17.0% 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 81.8% have a high school education or higher, 4.5% have a bachelor's degree or higher, and 2.8% have some kind of profesional degree.
This area has 834 households and the average size is 2.7 people. Individuals who are single and have never been married are 38.7%, 39.3% are now married, 1.4% are separated, 9.7% are widowed, and 10.8% are divorced. The average yearly contribution amount given by people to charity was $5,067 versus the state average of $6,081. The percent of residents who gave to charity was 17.1%.
The estimated median value of houses and condos is $88,128. The median monthly owner costs of mortgage holders was $877, where as the costs for those who don't have a mortgage are $457. The median number of rooms in houses and condos are 5.3 versus apartments which had a median number of 4.6.
The real estate tax percent rate is 0.7% which equated to an average real estate tax amount payment of $622. 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 0.9% which amounted to an average tax amount of $851. Reported taxable interest for persons was $444, dividends $300, capital gains +$2,467, and itemized deductions $19,168. The average earned income tax credit is $2,638. The percent of individuals that use a tax preparer is 69.5%. The total average income taxes paid by individuals was $4,042. Businesses reported an average profit of $4,495.
Krispy Krunchy Chicken
4760 Highway 7, Lamar, MS 38642
Krispy Krunchy Chicken
1048 Highway 72, Lamar, MS 38642
Slayden Travel Center
2710 Highway 72, Lamar, MS 38642
Wolf River Barbecue Company
15215 Highway 57, Moscow, TN 38057 (9.4 miles away)
When my husband passed away suddenly, I was left with a home I had to sell fast. The experts from We Buy Homes dealt with me professionally, fairly, and honestly. I didn’t have to list my house and I didn’t have to deal with strangers walking through my home. And I didn’t have to pay a realtor! They handled everything and that provided the peace of mind I needed during such a difficult time. I highly recommend them!
