Interested in purchasing investment houses in the 14741 zip code in Great Valley, NY?
The zip code 14741 is in Cattaraugus county with a latitude of -78.598240000000 and longitude of 42.217730000000, is in the state of New York. The average asking price of houses and condos is $143,773.00 and the average sale price was $115,143.00. this regions is classified as the Buffalo metro area and is in the 716 area code. The location in degrees is 42° 13' 3.828" N, 78° 35' 53.664" W. The county F.I.P.S. is 36009. The total land area is 61.6 square miles and the water area is 0.1 square miles. The elevation in this area is 1657 - 2038 feet. The zip code is on eastern standard time and observes daylight savings time.
The zip 14741 is in county number 009 and is L. Sector 00, L. Segment 01, H. Sector 09, and H. Segment 09. The population was 1,920 in 2019 and 1,873 in 2010. This further breaks down to 992 males (51.7%) and 928 females (48.3%). The median age of residents is 46.1 years. The population of the greater Olean, NY area is 80,062. The population density (people per square mile) is 31. This zip code has a combined total of 1,310 houses and condos. There are 94 rented appartments. 12% of residents rent versus the 12% 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 $40,842 and the average salary is $37,551. The median household income of individuals is $42,903.00 and the average is $50,620.00. This zip code has a mean commute time to work of 26.5 minutes. The unemployment rate is 3.1%. Income earners by percent breakdown as 59.90% (Under $50,000), 31.50% ($50,000-$100,000), and 8.50% earn over $100,000. 11.1% of residents live below poverty line versus the 13.0% in the state that are below this line. The cost of living index is 94.5. The educational breakdown is 90.5% have a high school education or higher, 23.3% have a bachelor's degree or higher, and 8.0% have some kind of profesional degree.
This area has 753 households and the average size is 2.4 people. Individuals who are single and have never been married are 25.0%, 54.9% are now married, 2.0% are separated, 5.0% are widowed, and 13.1% are divorced. The average yearly contribution amount given by people to charity was $2,014 versus the state average of $5,572. The percent of residents who gave to charity was 15.7%.
The estimated median value of houses and condos is $127,714. The median monthly owner costs of mortgage holders was $1,188, where as the costs for those who don't have a mortgage are $450. The median number of rooms in houses and condos are 5.9 versus apartments which had a median number of 5.9.
The real estate tax percent rate is 1.8% which equated to an average real estate tax amount payment of $2,248. In comparision, the average real estate tax percent rate in the state is 1.7% which equated to an average real estate tax amount payment in the state of $5,732. The median housing property tax percent for residents with mortgages was 1.9% which amounted to an average tax amount of $2,572. Conversely, the median housing property tax percent for residents who don't have mortgages was 1.5% which amounted to an average tax amount of $1,854. Reported taxable interest for persons was $541, dividends $1,035, capital gains +$1,067, and itemized deductions $17,395. The average earned income tax credit is $1,928. The percent of individuals that use a tax preparer is 71.9%. The total average income taxes paid by individuals was $7,963. Businesses reported an average profit of $6,781.
Katy's Fly-In
4836 Route 219, Great Valley, NY 14741
Katys, Cafe
4836 Route 219, Great Valley, NY 14741
Clark's Market and Deli
4929 Route 219, Great Valley, NY 14741
Langworthy's Restaurant
6661 Route 417, Kill Buck, NY 14748 (4.6 miles away)
The Silver Fox Steakhouse
23 Hughey Aly, Ellicottville, NY 14731 (6.4 miles away)
Myers Steakhouse & Inn
460 Wildwood Ave, Salamanca, NY 14779 (6.5 miles away)