Interested in purchasing investment houses in the 55055 zip code in Newport, MN?
The zip code 55055 is in Washington county with a latitude of -92.997760000000 and longitude of 44.873820000000, is in the state of Minnesota. The average asking price of houses and condos is $114,667.00 and the average sale price was $112,143.00. this regions is classified as the Minneapolis - Saint Paul metro area and is in the 651 area code. The location in degrees is 44° 52' 25.752" N, 92° 59' 51.936" W. The county F.I.P.S. is 27163. The total land area is 3.5 square miles and the water area is 0.2 square miles. The elevation in this area is 856 - 935 feet. The zip code is on central standard time and observes daylight savings time.
The zip 55055 is in county number 163 and is L. Sector , L. Segment , H. Sector , and H. Segment . The population was 3,570 in 2019 and 3,418 in 2010. Of this, the break down in 2019 was 3,517 urban and 52 rural. This further breaks down to 1,822 males (51.0%) and 1,748 females (49.0%). The median age of residents is 41.5 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 1,008. This zip code has a combined total of 1,445 houses and condos. There are 533 rented appartments. 37% of residents rent versus the 37% 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 $51,184 and the average salary is $44,148. The median household income of individuals is $60,919.00 and the average is $58,420.00. This zip code has a mean commute time to work of 25.5 minutes. The unemployment rate is 3.5%. Income earners by percent breakdown as 39.60% (Under $50,000), 42.60% ($50,000-$100,000), and 17.70% earn over $100,000. 10.9% of residents live below poverty line versus the 9.0% in the state that are below this line. The cost of living index is 112.5. The educational breakdown is 94.5% have a high school education or higher, 20.2% have a bachelor's degree or higher, and 7.5% have some kind of profesional degree.
This area has 1,350 households and the average size is 2.5 people. Individuals who are single and have never been married are 39.6%, 41.5% are now married, 2.1% are separated, 4.7% are widowed, and 12.1% are divorced. The average yearly contribution amount given by people to charity was $2,402 versus the state average of $3,948. The percent of residents who gave to charity was 28.2%.
The estimated median value of houses and condos is $239,173. The median monthly owner costs of mortgage holders was $1,683, where as the costs for those who don't have a mortgage are $607. The median number of rooms in houses and condos are 6.5 versus apartments which had a median number of 4.2.
The real estate tax percent rate is 1.2% which equated to an average real estate tax amount payment of $2,887. 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 1.2% which amounted to an average tax amount of $2,861. Conversely, the median housing property tax percent for residents who don't have mortgages was 1.1% which amounted to an average tax amount of $3,004. Reported taxable interest for persons was $1,062, dividends $8,852, capital gains +$10,535, and itemized deductions $20,951. The average earned income tax credit is $2,252. The percent of individuals that use a tax preparer is 48.9%. The total average income taxes paid by individuals was $8,229. Businesses reported an average profit of $4,864.
Clover Leaf Bar & Grill
2146 Hastings Ave, Newport, MN 55055
Tinucci's
396 21st St, Newport, MN 55055
North Pole Restaurant
1644 Hastings Ave, Newport, MN 55055
E A Sween Deli Express
2233 Maxwell Ave, Newport, MN 55055
Newport Drug
1644 Hastings Ave, Newport, MN 55055
Hag's Newport Pizza
1642 Hastings Ave, Newport, MN 55055
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