Interested in purchasing investment houses in the 38685 zip code in Waterford, MS?
The zip code 38685 is in both Marshall and Lafayette counties with a latitude of -89.487940000000 and longitude of 34.599560000000, is in the state of Mississippi. The average asking price of houses and condos is $88,750.00 and the average sale price was $132,694.00. this regions is classified as the Memphis metro area and is in the 662 area code. The location in degrees is 34° 35' 58.416" N, 89° 29' 16.584" W. The county F.I.P.S. is 28093. The total land area is 89.4 square miles and the water area is 1.7 square miles. The elevation in this area is 308 - 515 feet. The zip code is on central standard time and observes daylight savings time.
The zip 38685 is in county number 093 and is L. Sector 97, L. Segment 01, H. Sector 01, and H. Segment 01. The population was 1,156 in 2019 and 1,347 in 2010. This further breaks down to 553 males (47.9%) and 602 females (52.1%). The median age of residents is 42.8 years. The population of the greater Memphis, TN-MS-AR area is 1,325,833. The population density (people per square mile) is 13. This zip code has a combined total of 492 houses and condos. There are 10 rented appartments. 3% of residents rent versus the 3% 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 $34,374 and the average salary is $30,569. The median household income of individuals is $32,570.00 and the average is $41,340.00. This zip code has a mean commute time to work of 45.7 minutes. The unemployment rate is 5.1%. Income earners by percent breakdown as 69.70% (Under $50,000), 26.40% ($50,000-$100,000), and 3.90% earn over $100,000. 39.8% of residents live below poverty line versus the 19.6% in the state that are below this line. The cost of living index is 75.4. The educational breakdown is 75.1% have a high school education or higher, 11.0% have a bachelor's degree or higher, and 0.9% have some kind of profesional degree.
This area has 511 households and the average size is 2.9 people. Individuals who are single and have never been married are 28.5%, 44.4% are now married, 2.9% are separated, 8.3% are widowed, and 16.0% are divorced. The average yearly contribution amount given by people to charity was $4,056 versus the state average of $6,081. The percent of residents who gave to charity was 16.7%.
The estimated median value of houses and condos is $136,339. The median monthly owner costs of mortgage holders was $1,386, where as the costs for those who don't have a mortgage are $593. The median number of rooms in houses and condos are 5.9.
The real estate tax percent rate is 0.8% which equated to an average real estate tax amount payment of $1,135. 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. Reported taxable interest for persons was $327 and itemized deductions $16,627. The average earned income tax credit is $2,595. The percent of individuals that use a tax preparer is 66.7%. The total average income taxes paid by individuals was $3,445. Businesses reported an average profit of $5,390.
Laws Hill Fish House
3717 Laws Hill Rd, Waterford, MS 38685
Laws Hill Fish House
3717 Laws Hill Rd, Waterford, MS 38685
Foxfire Ranch
1465 Old Oxford Rd, Waterford, MS 38685
Dorothy Place
236 Highway 310, Waterford, MS 38685
Delta Steak Company
1 Business 7 N, Abbeville, MS 38601 (10.8 miles away)
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