Interested in purchasing investment houses in the 55057 zip code in Northfield, MN?
The zip code 55057 is in both Rice and Dakota counties with a latitude of -93.176200000000 and longitude of 44.471290000000, is in the state of Minnesota. The average asking price of houses and condos is $249,336.00 and the average sale price was $169,894.00. this regions is classified as the Minneapolis - Saint Paul metro area and is in the 507 area code. The location in degrees is 44° 28' 16.644" N, 93° 10' 34.32" W. The county F.I.P.S. is 27131. This zip code contains two cities including Northfield, MN (6.74%), and Dundas, MN (0.04%) The total land area is 125.0 square miles and the water area is 2.6 square miles. The elevation in this area is 912 - 1096 feet. The zip code is on central standard time and observes daylight savings time.
The zip 55057 is in county number 037 and is L. Sector 51, L. Segment 00, H. Sector 00, and H. Segment 00. The population was 25,588 in 2019 and 24,602 in 2010. Of this, the break down in 2019 was 20,636 urban and 4,951 rural. This further breaks down to 12,271 males (48.0%) and 13,317 females (52.0%). The median age of residents is 31.8 years. The population of the greater Faribault-Northfield, MN area is 64,316. The population density (people per square mile) is 205. This zip code has a combined total of 8,841 houses and condos. There are 2,239 rented appartments. 27% of residents rent versus the 27% 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 $70,336 and the average salary is $54,728. The median household income of individuals is $67,753.00 and the average is $79,950.00. This zip code has a mean commute time to work of 22.8 minutes. The unemployment rate is 3.0%. Income earners by percent breakdown as 33.20% (Under $50,000), 40.90% ($50,000-$100,000), and 25.80% earn over $100,000. 7.5% of residents live below poverty line versus the 9.0% in the state that are below this line. The cost of living index is 74.8. The educational breakdown is 97.3% have a high school education or higher, 46.7% have a bachelor's degree or higher, and 20.7% have some kind of profesional degree.
This area has 7,948 households and the average size is 2.4 people. Individuals who are single and have never been married are 43.5%, 43.7% are now married, 0.7% are separated, 4.5% are widowed, and 7.6% are divorced. The average yearly contribution amount given by people to charity was $4,236 versus the state average of $3,948. The percent of residents who gave to charity was 39.7%.
The estimated median value of houses and condos is $280,307. The median monthly owner costs of mortgage holders was $1,801, where as the costs for those who don't have a mortgage are $613. The median number of rooms in houses and condos are 7.6 versus apartments which had a median number of 4.1.
The real estate tax percent rate is 1.2% which equated to an average real estate tax amount payment of $3,260. 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 $3,349. Conversely, the median housing property tax percent for residents who don't have mortgages was 1.2% which amounted to an average tax amount of $3,119. Reported taxable interest for persons was $2,167, dividends $4,327, capital gains +$14,763, and itemized deductions $23,641. The average earned income tax credit is $1,824. The percent of individuals that use a tax preparer is 52.2%. The total average income taxes paid by individuals was $9,859. Businesses reported an average profit of $12,531.
Tokyo Grill
1301 Bollenbacher Dr, Northfield, MN 55057
Betty Kaye's Smokehouse
601 Division St S, Northfield, MN 55057
Dq
900 Highway 3 N, Northfield, MN 55057
Ole Store Restaurant
1011 Saint Olaf Ave, Northfield, MN 55057
Hogan Brothers
415 Division St S, Northfield, MN 55057
The Hideaway
421 Division St S, Northfield, MN 55057
Reunion Restaurant
501 Division St S, Northfield, MN 55057
Wing Street
1500 Clinton Ln, Northfield, MN 55057
Quarterback Club
116 3rd St W, Northfield, MN 55057
Perkins Restaurant & Bakery
1401 Riverview Dr, Northfield, MN 55057
Tavern of Northfield
212 Division St S, Northfield, MN 55057
El Triunfo Market Restaurant
200 3rd St E, Northfield, MN 55057
El Triunfo Market Restaurant
200 3rd St W, Northfield, MN 55057
El Tequila Mexican Restaurant
1010 Highway 3 S, Northfield, MN 55057
Gran Plaza Mexican Grill
2018 Jefferson Rd, Northfield, MN 55057
The New Buffet
630 Water St S, Northfield, MN 55057
Mandarin Garden Restaurant
107 4th St E, Northfield, MN 55057
George's Vineyard
1160 Highway 3 S, Northfield, MN 55057
Carbone's Pizzeria
620 Water St S, Northfield, MN 55057
J Grundy's Rueb 'N' Stein
503 Division St S, Northfield, MN 55057
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