Interested in purchasing investment houses in the 55016 zip code in Cottage Grove, MN?
The zip code 55016 is in Washington county with a latitude of -92.934620000000 and longitude of 44.817700000000, is in the state of Minnesota. The average asking price of houses and condos is $245,560.00 and the average sale price was $179,994.00. this regions is classified as the Minneapolis - Saint Paul metro area and is in the 651 area code. The location in degrees is 44° 49' 3.72" N, 92° 56' 4.632" W. The county F.I.P.S. is 27163. The total land area is 29.2 square miles and the water area is 3.8 square miles. The elevation in this area is 764 - 955 feet. The zip code is on central standard time and observes daylight savings time.
The zip 55016 is in county number 163 and is L. Sector , L. Segment , H. Sector , and H. Segment . The population was 36,602 in 2019 and 34,204 in 2010. Of this, the break down in 2019 was 34,287 urban and 2,314 rural. This further breaks down to 18,613 males (50.9%) and 17,989 females (49.1%). The median age of residents is 37.2 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 1,255. This zip code has a combined total of 12,714 houses and condos. There are 1,611 rented appartments. 13% of residents rent versus the 13% 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 $64,670 and the average salary is $59,652. The median household income of individuals is $84,343.00 and the average is $75,440.00. This zip code has a mean commute time to work of 25.5 minutes. The unemployment rate is 1.6%. Income earners by percent breakdown as 18.40% (Under $50,000), 44.40% ($50,000-$100,000), and 37.20% earn over $100,000. 2.1% of residents live below poverty line versus the 9.0% in the state that are below this line. The cost of living index is 112.6. The educational breakdown is 96.6% have a high school education or higher, 37.0% have a bachelor's degree or higher, and 11.7% have some kind of profesional degree.
This area has 11,565 households and the average size is 3.0 people. Individuals who are single and have never been married are 27.6%, 60.6% are now married, 0.7% are separated, 3.5% are widowed, and 7.6% are divorced. The average yearly contribution amount given by people to charity was $2,395 versus the state average of $3,948. The percent of residents who gave to charity was 41.9%.
The estimated median value of houses and condos is $275,110. The median monthly owner costs of mortgage holders was $1,820, where as the costs for those who don't have a mortgage are $564. The median number of rooms in houses and condos are 7.8 versus apartments which had a median number of 4.8.
The real estate tax percent rate is 1.2% which equated to an average real estate tax amount payment of $3,167. 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 $3,204. Conversely, the median housing property tax percent for residents who don't have mortgages was 1.1% which amounted to an average tax amount of $3,065. Reported taxable interest for persons was $695, dividends $2,080, capital gains +$3,467, and itemized deductions $20,599. The average earned income tax credit is $1,980. The percent of individuals that use a tax preparer is 46.5%. The total average income taxes paid by individuals was $8,163. Businesses reported an average profit of $10,346.
Lisu's Thai Taste / Cottage Grove
7145 E Point Douglas Rd S Ste 140, Cottage Grove, MN 55016
Sushi Cafe
7750 Harkness Ave S, Cottage Grove, MN 55016
Wahlburgers @ Hy-Vee
7280 E Point Douglas Rd S, Cottage Grove, MN 55016
Perkins Restaurant & Bakery
7165 E Point Douglas Rd, Cottage Grove, MN 55016
Wing Street
6990 80th St S, Cottage Grove, MN 55016
Las Margaritas Restaurant
7750 Harkness Ave S Ste 101, Cottage Grove, MN 55016
Ho King Restaurant
8711 E Point Douglas Rd S Ste 103, Cottage Grove, MN 55016
Noodles & Company
7180 E Point Douglas Rd S, Cottage Grove, MN 55016
Tom Moy Cafe
7420 80th St S Ste 101, Cottage Grove, MN 55016
Cassini's Pizzeria
8711 E Point Douglas Rd S, Cottage Grove, MN 55016
Carbone's Pizzeria
7155 Jorgensen Ln S, Cottage Grove, MN 55016
Metro Dining Club
7200 80th St S, Cottage Grove, MN 55016
Caribou Coffee
7702 80th St S, Cottage Grove, MN 55016
Peet's Coffee & Tea
7280 E Point Douglas Rd S, Cottage Grove, MN 55016
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