Interested in purchasing investment houses in the 55021 zip code in Faribault, MN?
The zip code 55021 is in Rice county with a latitude of -93.277190000000 and longitude of 44.299790000000, is in the state of Minnesota. The average asking price of houses and condos is $231,289.00 and the average sale price was $124,852.00. this regions is classified as the Minneapolis - Saint Paul metro area and is in the 507 area code. The location in degrees is 44° 17' 59.244" N, 93° 16' 37.884" W. The county F.I.P.S. is 27131. This zip code contains two cities including Faribault, MN (8.13%), and Warsaw, MN (0.29%) The total land area is 180.8 square miles and the water area is 11.9 square miles. The elevation in this area is 1011 - 1204 feet. The zip code is on central standard time and observes daylight savings time.
The zip 55021 is in county number 131 and is L. Sector , L. Segment , H. Sector , and H. Segment . The population was 30,359 in 2019 and 29,732 in 2010. Of this, the break down in 2019 was 23,401 urban and 6,957 rural. This further breaks down to 16,211 males (53.4%) and 14,147 females (46.6%). The median age of residents is 40.2 years. The population of the greater Faribault-Northfield, MN area is 64,316. The population density (people per square mile) is 168. This zip code has a combined total of 12,250 houses and condos. There are 3,330 rented appartments. 30% of residents rent versus the 30% 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 $51,436 and the average salary is $42,463. The median household income of individuals is $55,311.00 and the average is $60,030.00. This zip code has a mean commute time to work of 22.2 minutes. The unemployment rate is 4.0%. Income earners by percent breakdown as 44.70% (Under $50,000), 40.60% ($50,000-$100,000), and 14.70% earn over $100,000. 10.5% of residents live below poverty line versus the 9.0% in the state that are below this line. The cost of living index is 73.7. The educational breakdown is 87.1% have a high school education or higher, 20.0% have a bachelor's degree or higher, and 6.2% have some kind of profesional degree.
This area has 10,748 households and the average size is 2.5 people. Individuals who are single and have never been married are 33.2%, 48.6% are now married, 1.7% are separated, 5.8% are widowed, and 10.7% are divorced. The average yearly contribution amount given by people to charity was $3,501 versus the state average of $3,948. The percent of residents who gave to charity was 26.4%.
The estimated median value of houses and condos is $190,963. The median monthly owner costs of mortgage holders was $1,380, where as the costs for those who don't have a mortgage are $468. The median number of rooms in houses and condos are 7.0 versus apartments which had a median number of 4.1.
The real estate tax percent rate is 1.0% which equated to an average real estate tax amount payment of $1,823. 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 0.9% which amounted to an average tax amount of $1,870. Conversely, the median housing property tax percent for residents who don't have mortgages was 0.9% which amounted to an average tax amount of $1,720. Reported taxable interest for persons was $1,617, dividends $3,476, capital gains +$6,806, and itemized deductions $21,109. The average earned income tax credit is $2,237. The percent of individuals that use a tax preparer is 56.4%. The total average income taxes paid by individuals was $7,727. Businesses reported an average profit of $10,229.
Country Kitchen
3050 Highway 60 W, Faribault, MN 55021
1st of Thai Restaurant
2921 Lavender Pkwy, Faribault, MN 55021
First of Thai
2921 Lavender Pkwy, Faribault, MN 55021
Mizuki Fusion
609 4th St NW, Faribault, MN 55021
Bashers Sports Bar and Grill
1802 4th St NW, Faribault, MN 55021
Lodge
7170 153rd St W, Faribault, MN 55021
Grampa Al's
28 3rd St NW, Faribault, MN 55021
Boonies Bar & Grill
3301 Millersburg Blvd, Faribault, MN 55021
Bernie's Grill
129 Central Ave N, Faribault, MN 55021
Signature Bar & Grill
201 Central Ave N, Faribault, MN 55021
Perkins Restaurant & Bakery
333 Western Ave., Faribault, MN 55021
Crack Of Dawn Bakehouse & Market
209 Central Ave N, Faribault, MN 55021
Crooked Pint Ale House
125 1st Ave NE, Faribault, MN 55021
Winjum's Shady Acres Resort
17759 177th St W, Faribault, MN 55021
Sportsman's Grille
310 11th Ave NE, Faribault, MN 55021
Dq
309 Lyndale Ave N, Faribault, MN 55021
The Family Diner
2519 Lyndale Ave N, Faribault, MN 55021
Long Cheng Chinese Restaurant
430 2nd Ave NW, Faribault, MN 55021
El Rancho Restaurant
24 4th St NW, Faribault, MN 55021
Elcolibri Restaurant
508 Central Ave N, Faribault, MN 55021
The Channel Inn
23219 Farwell Ave, Warsaw, MN 55087 (6.4 miles away)
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!
