Interested in purchasing investment houses in the 24465 zip code in Monterey, VA?
The zip code 24465 is in Highland county with a latitude of -79.646300000000 and longitude of 38.380240000000, is in the state of Virginia. The average asking price of houses and condos is $118,000.00 and the average sale price was $265,620.00. this regions is classified as the Roanoke metro area and is in the 540 area code. The location in degrees is 38° 22' 48.864" N, 79° 38' 46.68" W. The county F.I.P.S. is 51091. The total land area is 175.5 square miles and the water area is 0.3 square miles. The elevation in this area is 2549 - 3717 feet. The zip code is on eastern standard time and observes daylight savings time.
The zip 24465 is in county number 091 and is L. Sector 00, L. Segment 01, H. Sector 18, and H. Segment 18. The population was 1,252 in 2019 and 1,382 in 2010. This further breaks down to 603 males (48.2%) and 649 females (51.8%). The median age of residents is 64.9 years. The population density (people per square mile) is 7. This zip code has a combined total of 1,149 houses and condos. There are 113 rented appartments. 18% of residents rent versus the 18% 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 $41,692 and the average salary is $34,727. The median household income of individuals is $38,499.00 and the average is $55,780.00. This zip code has a mean commute time to work of 20.1 minutes. Income earners by percent breakdown as 66.90% (Under $50,000), 27.00% ($50,000-$100,000), and 6.10% earn over $100,000. 8.4% of residents live below poverty line versus the 9.9% in the state that are below this line. The cost of living index is 84.9. The educational breakdown is 89.3% have a high school education or higher, 28.4% have a bachelor's degree or higher, and 10.1% have some kind of profesional degree.
This area has 640 households and the average size is 2.0 people. Individuals who are single and have never been married are 12.5%, 69.1% are now married, 0.0% are separated, 8.4% are widowed, and 10.0% are divorced. The average yearly contribution amount given by people to charity was $4,245 versus the state average of $4,443. The percent of residents who gave to charity was 18.0%.
The estimated median value of houses and condos is $222,034. The median monthly owner costs of mortgage holders was $1,224, where as the costs for those who don't have a mortgage are $325. The median number of rooms in houses and condos are 6.2 versus apartments which had a median number of 5.2.
The real estate tax percent rate is 0.5% which equated to an average real estate tax amount payment of $1,028. 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 0.5% which amounted to an average tax amount of $968. 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 $1,098. Reported taxable interest for persons was $2,061, dividends $3,465, capital gains +$3,421, and itemized deductions $22,723. The average earned income tax credit is $1,492. The percent of individuals that use a tax preparer is 62.3%. The total average income taxes paid by individuals was $6,177. Businesses reported an average profit of $2,467.
The Real Deal Market & Grill
11 E Main St, Monterey, VA 24465
High's Restaurant
73 W Main St, Monterey, VA 24465
The Curly Maple
174 W Main St, Monterey, VA 24465
The Highland Inn
68 W Main St, Monterey, VA 24465
Mountain Hideaway Restaurant and Tavern
37 Potomac River Rd, Monterey, VA 24465
Evelyn's Pantry
120 W Main St, Monterey, VA 24465
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