Interested in purchasing investment houses in the 22727 zip code in Madison, VA?
The zip code 22727 is in Madison county with a latitude of -78.298880000000 and longitude of 38.398390000000, is in the state of Virginia. The average asking price of houses and condos is $311,253.00 and the average sale price was $156,733.00. this regions is classified as the Charlottesville metro area and is in the 540 area code. The location in degrees is 38° 23' 54.204" N, 78° 17' 55.968" W. The county F.I.P.S. is 51113. This zip code contains two cities including Madison, VA (0.21%), and Brightwood, VA (0.07%) The total land area is 101.1 square miles and the water area is 0.4 square miles. The elevation in this area is 423 - 2881 feet. The zip code is on eastern standard time and observes daylight savings time.
The zip 22727 is in county number 113 and is L. Sector 00, L. Segment 01, H. Sector 19, and H. Segment 19. The population was 5,827 in 2019 and 5,547 in 2010. This further breaks down to 2,738 males (47.0%) and 3,089 females (53.0%). The median age of residents is 49.2 years. The population density (people per square mile) is 58. This zip code has a combined total of 2,902 houses and condos. There are 656 rented appartments. 27% of residents rent versus the 27% 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 $57,649 and the average salary is $49,410. The median household income of individuals is $46,974.00 and the average is $67,460.00. This zip code has a mean commute time to work of 29.3 minutes. The unemployment rate is 1.8%. Income earners by percent breakdown as 53.50% (Under $50,000), 34.30% ($50,000-$100,000), and 12.20% earn over $100,000. 3.5% of residents live below poverty line versus the 9.9% in the state that are below this line. The cost of living index is 85.9. The educational breakdown is 88.1% have a high school education or higher, 24.4% have a bachelor's degree or higher, and 8.4% have some kind of profesional degree.
This area has 2,111 households and the average size is 2.3 people. Individuals who are single and have never been married are 20.7%, 61.1% are now married, 1.5% are separated, 5.5% are widowed, and 11.1% are divorced. The average yearly contribution amount given by people to charity was $4,458 versus the state average of $4,443. The percent of residents who gave to charity was 25.6%.
The estimated median value of houses and condos is $282,629. The median monthly owner costs of mortgage holders was $1,488, where as the costs for those who don't have a mortgage are $431. The median number of rooms in houses and condos are 6.8 versus apartments which had a median number of 4.7.
The real estate tax percent rate is 0.6% which equated to an average real estate tax amount payment of $1,705. 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 $2,322. The median housing property tax percent for residents with mortgages was 0.6% which amounted to an average tax amount of $1,512. 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 $2,265. Reported taxable interest for persons was $1,891, dividends $3,671, capital gains +$4,358, and itemized deductions $23,649. The average earned income tax credit is $2,144. The percent of individuals that use a tax preparer is 49.2%. The total average income taxes paid by individuals was $8,089. Businesses reported an average profit of $12,991.
Giovanna's Italian Eatery
2679 S Seminole Trl, Madison, VA 22727
Bavarian Chef
5102 S Seminole Trl, Madison, VA 22727
Mill Valley Barbeque
622 S Main St, Madison, VA 22727
Pig N Steak
313 Washington St, Madison, VA 22727
Miranda's Restaurant
217 N Main St, Madison, VA 22727
Mandarin Express Restaurant
68 Madison Plaza Dr, Madison, VA 22727
Mad Local
218 N Main St, Madison, VA 22727
Pie In The Sky Pizzeria
312 N Main St, Madison, VA 22727
Mad Local
128 N Main St, Madison, VA 22727
Piedmont Deli
1173 N Main St, Madison, VA 22727
Mountaineer Cafe
128 N Main St, Madison, VA 22727
Tastee Freez
3137 Sherwood Dr, Madison, VA 22727
Early Mountain Vineyards
6109 Wolftown Hood Rd, Madison, VA 22727
Mill Valley Barbeque
1815 Wolftown Hood Rd, Hood, VA 22723 (7.5 miles away)
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