Interested in purchasing investment houses in the 55043 zip code in Lakeland, MN?
The zip code 55043 is in Washington county with a latitude of -92.769680000000 and longitude of 44.940840000000, is in the state of Minnesota. The average asking price of houses and condos is $386,189.00 and the average sale price was $209,364.00. this regions is classified as the Minneapolis - Saint Paul metro area and is in the 651 area code. The location in degrees is 44° 56' 27.024" N, 92° 46' 10.848" W. The county F.I.P.S. is 27163. This zip code contains five cities including Lakeland, MN (48.94%), Lake St. Croix Beach, MN (16.45%), Lakeland Shores, MN (12.25%), Afton, MN (6.60%), and St. Marys Point, MN (6.51%) The total land area is 3.9 square miles and the water area is 2.1 square miles. The elevation in this area is 748 - 810 feet. The zip code is on central standard time and observes daylight savings time.
The zip 55043 is in county number 163 and is L. Sector 00, L. Segment 01, H. Sector 16, and H. Segment 16. The population was 3,597 in 2019 and 3,540 in 2010. Of this, the break down in 2019 was 3,378 urban and 218 rural. This further breaks down to 1,753 males (48.7%) and 1,844 females (51.3%). The median age of residents is 46.3 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 927. This zip code has a combined total of 1,619 houses and condos. There are 140 rented appartments. 9% of residents rent versus the 9% 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 $75,252 and the average salary is $61,644. The median household income of individuals is $85,183.00 and the average is $106,380.00. This zip code has a mean commute time to work of 28.8 minutes. The unemployment rate is 1.6%. Income earners by percent breakdown as 20.20% (Under $50,000), 40.90% ($50,000-$100,000), and 38.90% earn over $100,000. 3.5% of residents live below poverty line versus the 9.0% in the state that are below this line. The cost of living index is 112.4. The educational breakdown is 97.5% have a high school education or higher, 36.7% have a bachelor's degree or higher, and 12.3% have some kind of profesional degree.
This area has 1,411 households and the average size is 2.4 people. Individuals who are single and have never been married are 27.4%, 56.3% are now married, 0.3% are separated, 3.9% are widowed, and 12.1% are divorced. The average yearly contribution amount given by people to charity was $3,875 versus the state average of $3,948. The percent of residents who gave to charity was 42.1%.
The estimated median value of houses and condos is $285,172. The median monthly owner costs of mortgage holders was $1,647, where as the costs for those who don't have a mortgage are $510. The median number of rooms in houses and condos are 6.8 versus apartments which had a median number of 4.5.
The real estate tax percent rate is 0.9% which equated to an average real estate tax amount payment of $2,619. 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 $2,591. 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 $2,698. Reported taxable interest for persons was $2,046, dividends $6,538, capital gains +$33,528, and itemized deductions $27,247. The average earned income tax credit is $1,759. The percent of individuals that use a tax preparer is 55.3%. The total average income taxes paid by individuals was $11,184. Businesses reported an average profit of $9,383.
Bungalow Inn
1151 Rivercrest Rd N, Lakeland, MN 55043
Mama Maria's Italian Restaurant
800 6th St N, Hudson, WI 54016 (3.8 miles away)
Afton House Inn
3291 Saint Croix Trl S, Afton, MN 55001 (5.5 miles away)
Bayport BBQ Inc
328 5th Ave N, Bayport, MN 55003 (5.7 miles away)
Schiltz John
3466 Lake Elmo Ave N, Lake Elmo, MN 55042 (7.6 miles away)
Thanh Truc Restaurant
2230 Eagle Creek Ln, Saint Paul, MN 55129 (7.9 miles away)
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