Interested in purchasing investment houses in the 38740 zip code in Duncan, MS?
The zip code 38740 is in Bolivar county with a latitude of -90.798870000000 and longitude of 34.055570000000, is in the state of Mississippi. The average asking price of houses and condos is $173,566.00 and the average sale price was $27,874.00. this regions is classified as the Greenville metro area and is in the 662 area code. The location in degrees is 34° 3' 20.052" N, 90° 47' 55.932" W. The county F.I.P.S. is 28011. The total land area is 67.3 square miles and the water area is 0.9 square miles. The elevation in this area is 138 - 154 feet. The zip code is on central standard time and observes daylight savings time.
The zip 38740 is in county number 027 and is L. Sector 96, L. Segment 03, H. Sector 03, and H. Segment 03. The population was 313 in 2019 and 466 in 2010. This further breaks down to 171 males (54.8%) and 141 females (45.2%). The median age of residents is 52.1 years. The population of the greater Cleveland, MS area is 38,289. The population density (people per square mile) is 5. This zip code has a combined total of 171 houses and condos. There are 23 rented appartments. 23% of residents rent versus the 23% 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 $33,405 and the average salary is $27,094. The median household income of individuals is $23,429.00 and the average is $49,030.00. This zip code has a mean commute time to work of 39.6 minutes. The unemployment rate is 8.3%. Income earners by percent breakdown as 75.70% (Under $50,000), 19.10% ($50,000-$100,000), and 5.10% earn over $100,000. 16.4% of residents live below poverty line versus the 19.6% in the state that are below this line. The cost of living index is 77.5. The educational breakdown is 61.4% have a high school education or higher, 16.9% have a bachelor's degree or higher, and 5.6% have some kind of profesional degree.
This area has 152 households and the average size is 2.5 people. Individuals who are single and have never been married are 43.7%, 32.6% are now married, 2.3% are separated, 10.8% are widowed, and 10.6% are divorced.
The estimated median value of houses and condos is $69,220. The median monthly owner costs of mortgage holders was $781, where as the costs for those who don't have a mortgage are $360. The median number of rooms in houses and condos are 6.2 versus apartments which had a median number of 5.8.
The real estate tax percent rate is 2.2% which equated to an average real estate tax amount payment of $1,497. 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 5.4% which amounted to an average tax amount of $2,500. Reported taxable interest for persons was $1,621 and itemized deductions $12,947. The average earned income tax credit is $3,340. The percent of individuals that use a tax preparer is 73.7%. Businesses reported an average profit of $4,000.
David's Restaurant
306 Second Ave, Shelby, MS 38774 (6.8 miles away)
Legacy Bell Family
5342 Highway 61, Mound Bayou, MS 38762 (11.3 miles away)
Calmese Place
713 Railroad Ave, Gunnison, MS 38746 (11.9 miles away)
Crawdad's
104 N Park St, Merigold, MS 38759 (14.7 miles away)
Western Sizzlin
707 S State St, Clarksdale, MS 38614 (16.3 miles away)
Full Of Soul
4217 Highway 49, Drew, MS 38737 (17.9 miles away)