Interested in purchasing investment houses in the 55037 zip code in Hinckley, MN?
The zip code 55037 is in both Pine and Kanabec counties with a latitude of -92.775600000000 and longitude of 46.012990000000, is in the state of Minnesota. The average asking price of houses and condos is $99,963.00 and the average sale price was $88,385.00. this regions is classified as the Minneapolis - Saint Paul metro area and is in the 320 area code. The location in degrees is 46° 0' 46.764" N, 92° 46' 32.16" W. The county F.I.P.S. is 27115. The total land area is 305.6 square miles and the water area is 3.5 square miles. The elevation in this area is 886 - 1145 feet. The zip code is on central standard time and observes daylight savings time.
The zip 55037 is in county number 065 and is L. Sector 96, L. Segment 01, H. Sector 01, and H. Segment 01. The population was 4,732 in 2019 and 4,940 in 2010. This further breaks down to 2,377 males (50.2%) and 2,354 females (49.8%). The median age of residents is 45.4 years. The population density (people per square mile) is 15. This zip code has a combined total of 3,637 houses and condos. There are 569 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 lower middle class. The average individual gross adjusted income is $39,660 and the average salary is $32,195. The median household income of individuals is $44,415.00 and the average is $47,240.00. This zip code has a mean commute time to work of 28.1 minutes. The unemployment rate is 4.5%. Income earners by percent breakdown as 56.00% (Under $50,000), 34.50% ($50,000-$100,000), and 9.50% earn over $100,000. 11.8% of residents live below poverty line versus the 9.0% in the state that are below this line. The cost of living index is 87.3. The educational breakdown is 88.7% have a high school education or higher, 11.3% have a bachelor's degree or higher, and 3.5% have some kind of profesional degree.
This area has 1,994 households and the average size is 2.5 people. Individuals who are single and have never been married are 29.5%, 46.0% are now married, 0.8% are separated, 8.1% are widowed, and 15.5% are divorced. The average yearly contribution amount given by people to charity was $2,551 versus the state average of $3,948. The percent of residents who gave to charity was 16.6%.
The estimated median value of houses and condos is $162,103. The median monthly owner costs of mortgage holders was $1,187, where as the costs for those who don't have a mortgage are $409. The median number of rooms in houses and condos are 6.1 versus apartments which had a median number of 4.4.
The real estate tax percent rate is 0.8% which equated to an average real estate tax amount payment of $1,324. 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 0.8% which amounted to an average tax amount of $1,396. Conversely, the median housing property tax percent for residents who don't have mortgages was 0.8% which amounted to an average tax amount of $1,246. Reported taxable interest for persons was $1,248, dividends $2,809, capital gains +$7,792, and itemized deductions $18,672. The average earned income tax credit is $2,254. The percent of individuals that use a tax preparer is 61.0%. The total average income taxes paid by individuals was $5,498. Businesses reported an average profit of $6,960.
Winds Steakhouse
777 Lady Luck Dr, Hinckley, MN 55037
Tobies Restaurant and Bakery
404 Fire Monument Rd, Hinckley, MN 55037
Grand Buffet
777 Lady Luck Dr Grand Casino Hinckley, Hinckley, MN 55037
Tobie's Station
Hinckley, MN 55037
Mi Ranchito Taqueria
119 Main St E, Hinckley, MN 55037
Bogey's on Main
104 Main St E Main Street And Old Highway 61, Hinckley, MN 55037
Tank's Tavern
39109 State Highway 48, Hinckley, MN 55037
Final Score
104 Main St E, Hinckley, MN 55037
Grand Grill Americana
777 Lady Luck Dr, Hinckley, MN 55037
Silver Sevens Lounge
777 Lady Luck Dr Grand Casino Hinckley, Hinckley, MN 55037
Caribou Coffee
402 Fire Monument Rd, Hinckley, MN 55037
Whistle Stop Cafe
305 Old Highway 61 S, Hinckley, MN 55037
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