Interested in purchasing investment houses in the 51350 zip code in Melvin, IA?
The zip code 51350 is in both Osceola and Obrien counties with a latitude of -95.600830000000 and longitude of 43.310980000000, is in the state of Iowa. The average asking price of houses and condos is $32,000.00 and the average sale price was $214,135.00. this regions is classified as the Sioux Falls (Mitchell) metro area and is in the 712 area code. The location in degrees is 43° 18' 39.528" N, 95° 36' 2.988" W. The county F.I.P.S. is 19143. The total land area is 43.3 square miles and the water area is 0.0 square miles. The elevation in this area is 1480 - 1562 feet. The zip code is on central standard time and observes daylight savings time.
The zip 51350 is in county number 143 and is L. Sector 00, L. Segment 01, H. Sector 68, and H. Segment 68. The population was 574 in 2019 and 411 in 2010. This further breaks down to 329 males (57.4%) and 244 females (42.6%). The median age of residents is 33.0 years. The population density (people per square mile) is 13. This zip code has a combined total of 270 houses and condos. There are 54 rented appartments. 24% of residents rent versus the 24% 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 $51,462 and the average salary is $32,178. The median household income of individuals is $41,339.00 and the average is $52,420.00. This zip code has a mean commute time to work of 20.1 minutes. The unemployment rate is 3.4%. Income earners by percent breakdown as 60.50% (Under $50,000), 26.80% ($50,000-$100,000), and 12.70% earn over $100,000. 17.3% of residents live below poverty line versus the 11.2% in the state that are below this line. The cost of living index is 82.1. The educational breakdown is 88.7% have a high school education or higher, 20.7% have a bachelor's degree or higher, and 1.0% have some kind of profesional degree.
This area has 186 households and the average size is 2.5 people. Individuals who are single and have never been married are 33.2%, 47.7% are now married, 1.2% are separated, 3.4% are widowed, and 14.5% are divorced.
The estimated median value of houses and condos is $73,974. The median monthly owner costs of mortgage holders was $1,001, where as the costs for those who don't have a mortgage are $372. The median number of rooms in houses and condos are 6.4 versus apartments which had a median number of 6.5.
The real estate tax percent rate is 0.8% which equated to an average real estate tax amount payment of $609. In comparision, the average real estate tax percent rate in the state is 1.5% which equated to an average real estate tax amount payment in the state of $2,430. The median housing property tax percent for residents with mortgages was 0.7% which amounted to an average tax amount of $680. Conversely, the median housing property tax percent for residents who don't have mortgages was 1.3% which amounted to an average tax amount of $568. Reported taxable interest for persons was $990, dividends $1,700, capital gains +$767, and itemized deductions $15,100. The average earned income tax credit is $2,067. The percent of individuals that use a tax preparer is 81.0%. The total average income taxes paid by individuals was $7,967. Businesses reported an average profit of $3,650.
J R's
265 Main St, Melvin, IA 51350
Main Street Pub
248 Main St, Melvin, IA 51350
My Place
248 Main St, Melvin, IA 51350
A Cup Above
204 Main St, Sanborn, IA 51248 (7.5 miles away)
Petes
3026 3rd St, Ashton, IA 51232 (8.8 miles away)
Crazy Bob's Maximum Bar B Que
240 N 8th Ave E, Hartley, IA 51346 (9.1 miles away)
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