Interested in purchasing investment houses in the 55008 zip code in Cambridge, MN?
The zip code 55008 is in both Isanti and Chisago counties with a latitude of -93.270040000000 and longitude of 45.572710000000, is in the state of Minnesota. The average asking price of houses and condos is $143,960.00 and the average sale price was $110,808.00. this regions is classified as the Minneapolis - Saint Paul metro area and is in the 763 area code. The location in degrees is 45° 34' 21.756" N, 93° 16' 12.144" W. The county F.I.P.S. is 27059. The total land area is 100.5 square miles and the water area is 4.6 square miles. The elevation in this area is 922 - 991 feet. The zip code is on central standard time and observes daylight savings time.
The zip 55008 is in county number 025 and is L. Sector 95, L. Segment 01, H. Sector 01, and H. Segment 01. The population was 15,748 in 2019 and 14,685 in 2010. Of this, the break down in 2019 was 7,509 urban and 8,238 rural. This further breaks down to 7,710 males (49.0%) and 8,038 females (51.0%). The median age of residents is 41.3 years. The population of the greater Minneapolis-St. Paul-Bloomington, MN-WI area is 3,328,053. The population density (people per square mile) is 157. This zip code has a combined total of 6,473 houses and condos. There are 1,319 rented appartments. 22% of residents rent versus the 22% of residents in the state who rent.
The financial status of those living in this area is considered middle class. The average individual gross adjusted income is $53,127 and the average salary is $45,178. The median household income of individuals is $59,487.00 and the average is $61,940.00. This zip code has a mean commute time to work of 33.2 minutes. The unemployment rate is 3.2%. Income earners by percent breakdown as 42.30% (Under $50,000), 38.30% ($50,000-$100,000), and 19.40% earn over $100,000. 6.0% of residents live below poverty line versus the 9.0% in the state that are below this line. The cost of living index is 111.5. The educational breakdown is 94.4% have a high school education or higher, 21.2% have a bachelor's degree or higher, and 6.2% have some kind of profesional degree.
This area has 5,545 households and the average size is 2.5 people. Individuals who are single and have never been married are 26.8%, 50.8% are now married, 1.5% are separated, 6.8% are widowed, and 14.2% are divorced. The average yearly contribution amount given by people to charity was $3,162 versus the state average of $3,948. The percent of residents who gave to charity was 32.5%.
The estimated median value of houses and condos is $209,097. The median monthly owner costs of mortgage holders was $1,515, where as the costs for those who don't have a mortgage are $488. The median number of rooms in houses and condos are 6.4 versus apartments which had a median number of 4.1.
The real estate tax percent rate is 1.1% which equated to an average real estate tax amount payment of $2,393. In comparision, the average real estate tax percent rate in the state is 1.1% which equated to an average real estate tax amount payment in the state of $2,670. The median housing property tax percent for residents with mortgages was 1.1% which amounted to an average tax amount of $2,446. Conversely, the median housing property tax percent for residents who don't have mortgages was 1.2% which amounted to an average tax amount of $2,289. Reported taxable interest for persons was $1,289, dividends $3,156, capital gains +$8,696, and itemized deductions $20,126. The average earned income tax credit is $2,000. The percent of individuals that use a tax preparer is 57.2%. The total average income taxes paid by individuals was $7,143. Businesses reported an average profit of $8,839.
Hawk Grille & Bar
36300 Highway 65 NE, Cambridge, MN 55008
Perkins Restaurant & Bakery
140 Garfield St N, Cambridge, MN 55008
People's Cafe
118 Main St S, Cambridge, MN 55008
Wing Street
200 2nd Ave NE, Cambridge, MN 55008
Coffee Corner
300 Spirit River Dr S, Cambridge, MN 55008
Pine Brook Inn
34041 Roanoke St NW, Cambridge, MN 55008
Chapala Mexican Restaurant
200 2nd Ave SE, Cambridge, MN 55008
Q Mandarin Buffet
2130 Joes Lake Rd SE, Cambridge, MN 55008
Q Mandarin Buffet
100 Main St S Ste B, Cambridge, MN 55008
Friendship Cafe
140 Buchanan St N Ste 164, Cambridge, MN 55008
House of Liu Chinese Restaurant
129 2nd Ave SW, Cambridge, MN 55008
Panda 3
1870 2nd Ave SE Ste 150, Cambridge, MN 55008
Casey's
243 1st Ave E, Cambridge, MN 55008
Joe's On Main
537 Main St N, Cambridge, MN 55008
Purple Hawk Supper Club
Cambridge, MN 55008
American Janes Grill & Bar
667 13th Ave SW, Cambridge, MN 55008
Cambridge
225 2nd Ave NE, Cambridge, MN 55008
Citycenter Cafe
118 Buchanan St N, Cambridge, MN 55008
Peet's Coffee & Tea
100 Opportunity Blvd N, Cambridge, MN 55008
Caribou Coffee
1595 2nd Ave NE, Cambridge, MN 55008
When my husband passed away suddenly, I was left with a home I had to sell fast. The experts from We Buy Homes dealt with me professionally, fairly, and honestly. I didn’t have to list my house and I didn’t have to deal with strangers walking through my home. And I didn’t have to pay a realtor! They handled everything and that provided the peace of mind I needed during such a difficult time. I highly recommend them!
