Interested in purchasing investment houses in the 35542 zip code in Bankston, AL?
The zip code 35542 is in Fayette county with a latitude of -87.678890000000 and longitude of 33.715880000000, is in the state of Alabama. The average asking price of houses and condos is $70,000.00 and the average sale price was $77,818.00. this regions is classified as the Birmingham metro area and is in the 205 area code. The location in degrees is 33° 42' 57.168" N, 87° 40' 44.004" W. The county F.I.P.S. is 01057. The total land area is 55.3 square miles and the water area is 0.1 square miles. The elevation in this area is 397 - 633 feet. The zip code is on central standard time and observes daylight savings time.
The zip 35542 is in county number 057 and is L. Sector 00, L. Segment 01, H. Sector 09, and H. Segment 09. The population was 925 in 2019 and 1,021 in 2010. This further breaks down to 436 males (47.2%) and 488 females (52.8%). The median age of residents is 54.7 years. The population density (people per square mile) is 17. This zip code has a combined total of 552 houses and condos. There are 12 rented appartments. 3% of residents rent versus the 3% 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 $44,785 and the average salary is $41,712. The median household income of individuals is $35,000.00 and the average is $46,230.00. This zip code has a mean commute time to work of 37.5 minutes. The unemployment rate is 3.6%. Income earners by percent breakdown as 68.60% (Under $50,000), 27.30% ($50,000-$100,000), and 4.00% earn over $100,000. 14.6% of residents live below poverty line versus the 15.5% in the state that are below this line. The cost of living index is 81.1. The educational breakdown is 77.2% have a high school education or higher, 10.2% have a bachelor's degree or higher, and 0.0% have some kind of profesional degree.
This area has 407 households and the average size is 2.2 people. Individuals who are single and have never been married are 13.7%, 61.9% are now married, 0.0% are separated, 12.8% are widowed, and 11.7% are divorced. The average yearly contribution amount given by people to charity was $4,717 versus the state average of $5,925. The percent of residents who gave to charity was 15.4%.
The estimated median value of houses and condos is $84,608. The median monthly owner costs of mortgage holders was $925, where as the costs for those who don't have a mortgage are $315. The median number of rooms in houses and condos are 6.3.
The real estate tax percent rate is 0.4% which equated to an average real estate tax amount payment of $305. In comparision, the average real estate tax percent rate in the state is 0.4% which equated to an average real estate tax amount payment in the state of $609. The median housing property tax percent for residents with mortgages was 0.2% which amounted to an average tax amount of $275. 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 $333. Reported taxable interest for persons was $589 and itemized deductions $14,422. The average earned income tax credit is $2,744. The percent of individuals that use a tax preparer is 84.6%. The total average income taxes paid by individuals was $3,238. Businesses reported an average profit of $3,013.
Saddle Horn Steakhouse
41 Mf Cannon St, Berry, AL 35546 (3.9 miles away)
The Take Out Steak House
2231 Temple Ave N, Fayette, AL 35555 (8.3 miles away)
Lala's Restaurant
3004 County Road 44, Eldridge, AL 35554 (16.5 miles away)
Bull Pen Steakhouse & BBQ Pit
111 N School St, Carbon Hill, AL 35549 (16.8 miles away)
Yampertown Steak & Seafood
5503 State Highway 129, Winfield, AL 35594 (17 miles away)
Bull Pen
244 School St, Oakman, AL 35579 (18.5 miles away)
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