Interested in purchasing investment houses in the 55038 zip code in Hugo, MN?
The zip code 55038 is in both Washington and Anoka counties with a latitude of -92.979390000000 and longitude of 45.168690000000, is in the state of Minnesota. The average asking price of houses and condos is $258,684.00 and the average sale price was $200,066.00. this regions is classified as the Minneapolis - Saint Paul metro area and is in the 651 area code. The location in degrees is 45° 10' 7.284" N, 92° 58' 45.804" W. The county F.I.P.S. is 27163. This zip code contains five cities including Hugo, MN (60.96%), Lino Lakes, MN (24.72%), Centerville, MN (4.46%), Columbus, MN (0.73%), and Grant, MN (0.04%) The total land area is 49.6 square miles and the water area is 4.4 square miles. The elevation in this area is 896 - 1011 feet. The zip code is on central standard time and observes daylight savings time.
The zip 55038 is in county number 003 and is L. Sector 93, L. Segment 00, H. Sector 00, and H. Segment 00. The population was 23,093 in 2019 and 20,816 in 2010. Of this, the break down in 2019 was 14,237 urban and 8,855 rural. This further breaks down to 11,419 males (49.4%) and 11,673 females (50.6%). The median age of residents is 36.8 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 466. This zip code has a combined total of 8,587 houses and condos. There are 1,079 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 $78,605 and the average salary is $69,932. The median household income of individuals is $85,786.00 and the average is $95,010.00. This zip code has a mean commute time to work of 28.5 minutes. The unemployment rate is 1.8%. Income earners by percent breakdown as 15.80% (Under $50,000), 46.80% ($50,000-$100,000), and 37.30% earn over $100,000. 2.0% of residents live below poverty line versus the 9.0% in the state that are below this line. The cost of living index is 113.6. The educational breakdown is 98.5% have a high school education or higher, 42.5% have a bachelor's degree or higher, and 13.5% have some kind of profesional degree.
This area has 7,352 households and the average size is 2.8 people. Individuals who are single and have never been married are 26.2%, 61.2% are now married, 0.5% are separated, 2.3% are widowed, and 9.8% are divorced. The average yearly contribution amount given by people to charity was $2,836 versus the state average of $3,948. The percent of residents who gave to charity was 48.3%.
The estimated median value of houses and condos is $307,729. The median monthly owner costs of mortgage holders was $1,892, where as the costs for those who don't have a mortgage are $581. The median number of rooms in houses and condos are 7.1 versus apartments which had a median number of 5.0.
The real estate tax percent rate is 1.1% which equated to an average real estate tax amount payment of $3,325. 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 $3,433. 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 $3,036. Reported taxable interest for persons was $893, dividends $3,182, capital gains +$7,048, and itemized deductions $23,884. The average earned income tax credit is $1,717. The percent of individuals that use a tax preparer is 52.8%. The total average income taxes paid by individuals was $10,011. Businesses reported an average profit of $12,731.
Golf Minnesota
11570 124th St N, Hugo, MN 55038
Blacksmith Lounge & Broaster
17205 Forest Blvd N, Hugo, MN 55038
Bistro La Roux
2114 21st Ave S, Hugo, MN 55038
Fiesta Cancun Grill & Bar
7090 21st Ave, Hugo, MN 55038
Asian To Go
1857 Main St, Centerville, MN 55038
Amian American & Asian Bistro
14755 Victor Hugo Blvd N Unit 104, Hugo, MN 55038
Carbone's Pizzeria
1861 Main St, Hugo, MN 55038
Carpenter's Steakhouse
14559 N. Forest Lake Blvd., Hugo, MN 55038
180 Kettlebell Gym
6845 20th Ave, Hugo, MN 55038
Kelly's Korner
7098 Centerville Rd, Hugo, MN 55038
Peet's Coffee & Tea
14775 Victor Hugo Blvd N, Hugo, MN 55038
Marine Landing B.O.T.M.
10 Elm St, Marine On Saint Croix, MN 55047 (5.9 miles away)
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