Interested in purchasing investment houses in the 42220 zip code in Elkton, KY?
The zip code 42220 is in both Todd and Muhlenberg counties with a latitude of -87.179040000000 and longitude of 36.895520000000, is in the state of Kentucky. The average asking price of houses and condos is $107,571.00 and the average sale price was $239,953.00. this regions is classified as the Nashville metro area and consists of the following area codes: 270 and 364. The location in degrees is 36° 53' 43.872" N, 87° 10' 44.544" W. The county F.I.P.S. is 21219. The total land area is 177.0 square miles and the water area is 1.0 square miles. The elevation in this area is 502 - 745 feet. The zip code is on central standard time and observes daylight savings time.
The zip 42220 is in county number 047 and is L. Sector 91, L. Segment 01, H. Sector 01, and H. Segment 01. The population was 6,856 in 2019 and 6,844 in 2010. This further breaks down to 3,430 males (50.0%) and 3,426 females (50.0%). The median age of residents is 38.9 years. The population density (people per square mile) is 39. This zip code has a combined total of 2,929 houses and condos. There are 709 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 $42,870 and the average salary is $34,081. The median household income of individuals is $35,315.00 and the average is $48,980.00. This zip code has a mean commute time to work of 27.3 minutes. The unemployment rate is 6.2%. Income earners by percent breakdown as 68.00% (Under $50,000), 26.00% ($50,000-$100,000), and 6.00% earn over $100,000. 13.7% of residents live below poverty line versus the 16.3% in the state that are below this line. The cost of living index is 81.4. The educational breakdown is 82.8% have a high school education or higher, 14.0% have a bachelor's degree or higher, and 6.2% have some kind of profesional degree.
This area has 2,581 households and the average size is 2.6 people. Individuals who are single and have never been married are 23.3%, 54.9% are now married, 1.1% are separated, 5.4% are widowed, and 15.4% are divorced. The average yearly contribution amount given by people to charity was $5,518 versus the state average of $4,303. The percent of residents who gave to charity was 15.6%.
The estimated median value of houses and condos is $118,757. The median monthly owner costs of mortgage holders was $1,046, where as the costs for those who don't have a mortgage are $337. The median number of rooms in houses and condos are 6.3 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 $603. 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 $1,257. The median housing property tax percent for residents with mortgages was 0.6% which amounted to an average tax amount of $927. 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 $466. Reported taxable interest for persons was $1,431, dividends $2,374, capital gains +$6,250, and itemized deductions $18,300. The average earned income tax credit is $2,274. The percent of individuals that use a tax preparer is 67.3%. The total average income taxes paid by individuals was $6,106. Businesses reported an average profit of $12,472.
Sisters Dinning
107 N Main St, Elkton, KY 42220
El Torito
54 Public Sq, Elkton, KY 42220
Clifty Cafe
804 Lack Rd, Elkton, KY 42220
The Spot
107 N Main St, Elkton, KY 42220
L & R Soda Bar
PUBLIC Square, Elkton, KY 42220
Town Grill
22 Public Sq, Elkton, KY 42220
Clifty Cafe
12900 Greenville Rd, Elkton, KY 42220
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