Interested in purchasing investment houses in the 27950 zip code in Knotts Island, NC?
The zip code 27950 is in Currituck county with a latitude of -76.000800000000 and longitude of 36.525990000000, is in the state of North Carolina. The average asking price of houses and condos is $260,000.00 and the average sale price was $182,400.00. this regions is classified as the Norfolk - Newport News - Virginia Beach metro area and is in the 252 area code. The location in degrees is 36° 31' 33.564" N, 76° 0' 2.88" W. The county F.I.P.S. is 37053. The total land area is 29.9 square miles and the water area is 22.0 square miles. The elevation in this area is 0 - 3 feet. The zip code is on eastern standard time and observes daylight savings time.
The zip 27950 is in county number 053 and is L. Sector 00, L. Segment 01, H. Sector 18, and H. Segment 18. The population was 2,070 in 2019 and 2,006 in 2010. This further breaks down to 1,128 males (54.5%) and 941 females (45.5%). The median age of residents is 48.4 years. The population of the greater Virginia Beach-Norfolk-Newport News, VA-NC area is 1,683,465. The population density (people per square mile) is 69. This zip code has a combined total of 1,017 houses and condos. There are 85 rented appartments. 10% of residents rent versus the 10% 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 $46,212 and the average salary is $39,565. The median household income of individuals is $46,943.00 and the average is $55,850.00. This zip code has a mean commute time to work of 45.0 minutes. The unemployment rate is 1.7%. Income earners by percent breakdown as 52.70% (Under $50,000), 34.60% ($50,000-$100,000), and 12.60% earn over $100,000. 8.7% of residents live below poverty line versus the 13.6% in the state that are below this line. The cost of living index is 83.6. The educational breakdown is 83.3% have a high school education or higher, 17.4% have a bachelor's degree or higher, and 4.4% have some kind of profesional degree.
This area has 807 households and the average size is 2.4 people. Individuals who are single and have never been married are 29.7%, 54.9% are now married, 2.2% are separated, 3.1% are widowed, and 10.0% are divorced. The average yearly contribution amount given by people to charity was $2,121 versus the state average of $4,687. The percent of residents who gave to charity was 23.2%.
The estimated median value of houses and condos is $225,572. The median monthly owner costs of mortgage holders was $1,376, where as the costs for those who don't have a mortgage are $432. The median number of rooms in houses and condos are 5.7 versus apartments which had a median number of 5.0.
The real estate tax percent rate is 0.5% which equated to an average real estate tax amount payment of $1,081. 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 $1,493. The median housing property tax percent for residents with mortgages was 0.5% which amounted to an average tax amount of $1,256. Conversely, the median housing property tax percent for residents who don't have mortgages was 0.6% which amounted to an average tax amount of $931. Reported taxable interest for persons was $568, dividends $1,920, and itemized deductions $18,242. The average earned income tax credit is $2,120. The percent of individuals that use a tax preparer is 48.8%. The total average income taxes paid by individuals was $4,967. Businesses reported an average profit of $5,958.
Knotts Island Market
395 Knotts Island Rd, Knotts Island, NC 27950
Pass the Salt Cafe
138 Courthouse Rd, Currituck, NC 27929 (6.1 miles away)
Redhead Bay Cafe
605 Princess Anne Rd, Virginia Beach, VA 23457 (7.5 miles away)
Mister Jims On The Border
100 Caratoke Hwy Located Inside Border Station, Moyock, NC 27958 (8.4 miles away)
Coinjock Marina Restaurant
321 Waterlily Rd, Coinjock, NC 27923 (10.4 miles away)
Currituck BBQ Company
4467 Caratoke Hwy, Barco, NC 27917 (11.4 miles away)