Interested in purchasing investment houses in the 55053 zip code in Nerstrand, MN?
The zip code 55053 is in both Rice and Goodhue counties with a latitude of -93.064010000000 and longitude of 44.346550000000, is in the state of Minnesota. The average asking price of houses and condos is $142,429.00 and the average sale price was $95,143.00. this regions is classified as the Minneapolis - Saint Paul metro area and is in the 507 area code. The location in degrees is 44° 20' 47.58" N, 93° 3' 50.436" W. The county F.I.P.S. is 27131. The total land area is 43.0 square miles and the water area is 0.0 square miles. The elevation in this area is 1017 - 1191 feet. The zip code is on central standard time and observes daylight savings time.
The zip 55053 is in county number 049 and is L. Sector 96, L. Segment 01, H. Sector 01, and H. Segment 01. The population was 1,049 in 2019 and 1,009 in 2010. This further breaks down to 551 males (52.6%) and 497 females (47.4%). The median age of residents is 42.7 years. The population of the greater Faribault-Northfield, MN area is 64,316. The population density (people per square mile) is 24. This zip code has a combined total of 402 houses and condos. There are 34 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 $72,039 and the average salary is $55,297. The median household income of individuals is $62,778.00 and the average is $78,050.00. This zip code has a mean commute time to work of 28.7 minutes. The unemployment rate is 0.3%. Income earners by percent breakdown as 37.20% (Under $50,000), 42.60% ($50,000-$100,000), and 20.20% earn over $100,000. 10.3% of residents live below poverty line versus the 9.0% in the state that are below this line. The cost of living index is 86.0. The educational breakdown is 97.6% have a high school education or higher, 30.5% have a bachelor's degree or higher, and 9.0% have some kind of profesional degree.
This area has 359 households and the average size is 2.7 people. Individuals who are single and have never been married are 23.8%, 66.7% are now married, 0.7% are separated, 2.1% are widowed, and 6.7% are divorced. The average yearly contribution amount given by people to charity was $3,893 versus the state average of $3,948. The percent of residents who gave to charity was 32.6%.
The estimated median value of houses and condos is $246,471. The median monthly owner costs of mortgage holders was $1,543, where as the costs for those who don't have a mortgage are $608. The median number of rooms in houses and condos are 7.3 versus apartments which had a median number of 5.2.
The real estate tax percent rate is 0.8% which equated to an average real estate tax amount payment of $2,000. 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 $1,982. 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 $2,046. Reported taxable interest for persons was $700, dividends $1,354, capital gains +$6,375, and itemized deductions $24,500. The average earned income tax credit is $3,075. The percent of individuals that use a tax preparer is 60.9%. The total average income taxes paid by individuals was $9,950. Businesses reported an average profit of $15,057.
Dawn's Corner Bar
200 Railway St N, Dundas, MN 55019 (6.5 miles away)
2nd Street Saloon
632 2nd St, Kenyon, MN 55946 (7.6 miles away)
Marlea's
37612 Goodhue Ave, Dennison, MN 55018 (8.2 miles away)
Tokyo Grill
1301 Bollenbacher Dr, Northfield, MN 55057 (8.3 miles away)
Country Kitchen
3050 Highway 60 W, Faribault, MN 55021 (10.5 miles away)
R Bar
4354 292nd St E, Randolph, MN 55065 (12.4 miles away)