Interested in purchasing investment houses in the 23851 zip code in Franklin, VA?
The zip code 23851 is in both Southampton and Isle Of Wight counties with a latitude of -76.953910000000 and longitude of 36.655460000000, is in the state of Virginia. The average asking price of houses and condos is $203,570.00 and the average sale price was $144,318.00. this regions is classified as the Norfolk - Newport News - Virginia Beach metro area and is in the 757 area code. The location in degrees is 36° 39' 19.656" N, 76° 57' 14.076" W. The county F.I.P.S. is 51093. This zip code contains five cities including Franklin, VA (7.67%), Camptown, VA (5.81%), Carrsville, VA (0.72%), Southampton Meadows, VA (0.26%), and Sedley, VA (0.06%) The total land area is 106.7 square miles and the water area is 2.1 square miles. The elevation in this area is 7 - 69 feet. The zip code is on eastern standard time and observes daylight savings time.
The zip 23851 is in county number 800 and is L. Sector 97, L. Segment 05, H. Sector 05, and H. Segment 05. The population was 13,583 in 2019 and 13,715 in 2010. Of this, the break down in 2019 was 9,166 urban and 4,416 rural. This further breaks down to 6,433 males (47.4%) and 7,149 females (52.6%). The median age of residents is 40.9 years. The population density (people per square mile) is 127. This zip code has a combined total of 6,341 houses and condos. There are 2,328 rented appartments. 41% of residents rent versus the 41% 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 $43,099 and the average salary is $35,627. The median household income of individuals is $38,645.00 and the average is $48,960.00. This zip code has a mean commute time to work of 27.5 minutes. The unemployment rate is 9.4%. Income earners by percent breakdown as 61.00% (Under $50,000), 26.40% ($50,000-$100,000), and 12.60% earn over $100,000. 9.7% of residents live below poverty line versus the 9.9% in the state that are below this line. The cost of living index is 81.5. The educational breakdown is 85.5% have a high school education or higher, 19.8% have a bachelor's degree or higher, and 7.6% have some kind of profesional degree.
This area has 5,545 households and the average size is 2.4 people. Individuals who are single and have never been married are 29.0%, 45.7% are now married, 3.8% are separated, 7.7% are widowed, and 13.7% are divorced. The average yearly contribution amount given by people to charity was $4,519 versus the state average of $4,443. The percent of residents who gave to charity was 23.1%.
The estimated median value of houses and condos is $196,160. The median monthly owner costs of mortgage holders was $1,333, where as the costs for those who don't have a mortgage are $462. The median number of rooms in houses and condos are 6.9 versus apartments which had a median number of 4.4.
The real estate tax percent rate is 0.7% which equated to an average real estate tax amount payment of $1,320. 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 $1,367. Conversely, the median housing property tax percent for residents who don't have mortgages was 0.7% which amounted to an average tax amount of $1,229. Reported taxable interest for persons was $1,794, dividends $5,781, capital gains +$6,351, and itemized deductions $20,186. The average earned income tax credit is $2,469. The percent of individuals that use a tax preparer is 47.2%. The total average income taxes paid by individuals was $5,680. Businesses reported an average profit of $8,120.
Franklins Seafood N Steakhouse
102 N Main St, Franklin, VA 23851
H & H Seafood Market
1549 Armory Dr, Franklin, VA 23851
Fred's Restaurant
107 S Main St, Franklin, VA 23851
Wing Street
1394 Armory Dr, Franklin, VA 23851
The Cove Restaurant
30333 Country Club Road Franklin Va 23851, Franklin, VA 23851
El Ranchero Mexican Restaurant
164 Council Dr, Franklin, VA 23851
Don Pancho's Cantina
1200 Armory Dr Ste D, Franklin, VA 23851
Golden China Buffet
1300 Armory Dr, Franklin, VA 23851
Tops 1 Chinese Restaurant
138 Council Dr, Franklin, VA 23851
New Great Wall
1313 Armory Dr, Franklin, VA 23851
China Express Restaurant
1100 Armory Dr Ste 134, Franklin, VA 23851
Three Guys Italian Restaurant
181 Commerce Park Rd, Franklin, VA 23851
Preau's At Station One
103 Country Club Rd, Franklin, VA 23851
The Vine
1459 Armory Dr, Franklin, VA 23851
Blackwater Restaurant & Steam Bar
1200 Armory Dr, Franklin, VA 23851
Rumors Restaurant & Lounge
1327 Armory Dr, Franklin, VA 23851
Rayjens Restaurant - CLOSED
216 Woodland Dr, Franklin, VA 23851
Ki Ki's Grill
172 Council Rd, Franklin, VA 23851
Golden Skillet
1130 Armory Dr, Franklin, VA 23851
H20
1547 Armory Dr, Franklin, VA 23851
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