Interested in purchasing investment houses in the 55025 zip code in Forest Lake, MN?
The zip code 55025 is in both Anoka and Washington counties with a latitude of -93.022700000000 and longitude of 45.262560000000, is in the state of Minnesota. The average asking price of houses and condos is $304,919.00 and the average sale price was $185,506.00. this regions is classified as the Minneapolis - Saint Paul metro area and is in the 651 area code. The location in degrees is 45° 15' 45.216" N, 93° 1' 21.72" W. The county F.I.P.S. is 27163. This zip code contains six cities including Columbus, MN (51.29%), Forest Lake, MN (40.29%), Wyoming, MN (5.91%), Lino Lakes, MN (1.58%), Chisago City, MN (0.65%), and Scandia, MN (0.29%) The total land area is 78.8 square miles and the water area is 8.1 square miles. The elevation in this area is 896 - 958 feet. The zip code is on central standard time and observes daylight savings time.
The zip 55025 is in county number 003 and is L. Sector 88, L. Segment 00, H. Sector 00, and H. Segment 00. The population was 25,647 in 2019 and 23,244 in 2010. Of this, the break down in 2019 was 14,803 urban and 10,843 rural. This further breaks down to 12,684 males (49.5%) and 12,963 females (50.5%). The median age of residents is 40.3 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 325. This zip code has a combined total of 10,143 houses and condos. There are 2,243 rented appartments. 23% of residents rent versus the 23% 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 $64,373 and the average salary is $55,736. The median household income of individuals is $76,172.00 and the average is $77,070.00. This zip code has a mean commute time to work of 29.6 minutes. The unemployment rate is 2.5%. Income earners by percent breakdown as 27.40% (Under $50,000), 41.80% ($50,000-$100,000), and 30.80% earn over $100,000. 4.7% of residents live below poverty line versus the 9.0% in the state that are below this line. The cost of living index is 112.8. The educational breakdown is 95.2% have a high school education or higher, 32.0% have a bachelor's degree or higher, and 9.4% have some kind of profesional degree.
This area has 8,764 households and the average size is 2.7 people. Individuals who are single and have never been married are 26.5%, 56.2% are now married, 1.0% are separated, 5.6% are widowed, and 10.7% are divorced. The average yearly contribution amount given by people to charity was $2,799 versus the state average of $3,948. The percent of residents who gave to charity was 39.6%.
The estimated median value of houses and condos is $304,854. The median monthly owner costs of mortgage holders was $1,791, where as the costs for those who don't have a mortgage are $590. The median number of rooms in houses and condos are 7.0 versus apartments which had a median number of 4.2.
The real estate tax percent rate is 1.0% which equated to an average real estate tax amount payment of $3,018. 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 1.0% which amounted to an average tax amount of $3,042. Conversely, the median housing property tax percent for residents who don't have mortgages was 1.0% which amounted to an average tax amount of $2,975. Reported taxable interest for persons was $1,275, dividends $3,275, capital gains +$10,582, and itemized deductions $22,733. The average earned income tax credit is $2,002. The percent of individuals that use a tax preparer is 54.1%. The total average income taxes paid by individuals was $9,193. Businesses reported an average profit of $11,426.
Rare Fish Man
120 Lake St N, Forest Lake, MN 55025
Acqua Restaurant & Wine Bar
8241 N Shore Trl N, Forest Lake, MN 55025
New Bangkok
59 Lake St S, Forest Lake, MN 55025
Stella's on 97
7050 Scandia Trl N Ste A, Forest Lake, MN 55025
Norman Quacks Chophouse
843 W Broadway Ave, Forest Lake, MN 55025
Key's Cafe
1960 W Broadway Ave, Forest Lake, MN 55025
Ernie's Eatery & Ice Cream Parlor
167 Lake St N, Forest Lake, MN 55025
The Grillium
555 W Broadway Ave Ste 7, Forest Lake, MN 55025
Islands
18125 Tulane St NE, Forest Lake, MN 55025
Fireside Getaway
131 Lake St N, Forest Lake, MN 55025
Ernie's Eatery
143 Lake St N, Forest Lake, MN 55025
Wing Street
956 Lake St S, Forest Lake, MN 55025
VFW Post 4210
556 12th St SW, Forest Lake, MN 55025
Running Aces Casino & Racetrack
15201 Zurich St NE, Forest Lake, MN 55025
Perkins Restaurant & Bakery
1155 W Broadway Ave, Forest Lake, MN 55025
Rancho Loco
25 Lake St N Ste 105, Forest Lake, MN 55025
Old Log Cabin
9726 Scandia Trl N, Forest Lake, MN 55025
New China Buffet
1331 3rd Ave SW, Forest Lake, MN 55025
Pi Pizzeria
25 Lake St N Ste 105, Forest Lake, MN 55025
Cheung Sing Restaurant
1098 W Broadway Ave, Forest Lake, MN 55025