Interested in purchasing investment houses in the 55074 zip code in Shafer, MN?
The zip code 55074 is in Chisago county with a latitude of -92.733410000000 and longitude of 45.384450000000, is in the state of Minnesota. The average asking price of houses and condos is $167,250.00 and the average sale price was $256,761.00. this regions is classified as the Minneapolis - Saint Paul metro area and is in the 651 area code. The location in degrees is 45° 23' 4.02" N, 92° 44' 0.276" W. The county F.I.P.S. is 27025. This zip code contains two cities including Shafer, MN (3.54%), and Taylors Falls, MN (0.68%) The total land area is 34.8 square miles and the water area is 1.1 square miles. The elevation in this area is 807 - 951 feet. The zip code is on central standard time and observes daylight savings time.
The zip 55074 is in county number 025 and is L. Sector 00, L. Segment 01, H. Sector 27, and H. Segment 27. The population was 2,371 in 2019 and 2,222 in 2010. This further breaks down to 1,236 males (52.1%) and 1,135 females (47.9%). The median age of residents is 35.6 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 68. This zip code has a combined total of 940 houses and condos. There are 119 rented appartments. 14% of residents rent versus the 14% 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 $53,170 and the average salary is $47,966. The median household income of individuals is $67,230.00 and the average is $64,720.00. This zip code has a mean commute time to work of 34.8 minutes. The unemployment rate is 5.0%. Income earners by percent breakdown as 33.20% (Under $50,000), 41.60% ($50,000-$100,000), and 25.20% earn over $100,000. 9.1% of residents live below poverty line versus the 9.0% in the state that are below this line. The cost of living index is 95.4. The educational breakdown is 96.2% have a high school education or higher, 22.9% have a bachelor's degree or higher, and 5.6% have some kind of profesional degree.
This area has 807 households and the average size is 2.7 people. Individuals who are single and have never been married are 30.6%, 56.2% are now married, 0.5% are separated, 2.4% are widowed, and 10.3% are divorced. The average yearly contribution amount given by people to charity was $2,009 versus the state average of $3,948. The percent of residents who gave to charity was 31.1%.
The estimated median value of houses and condos is $226,457. The median monthly owner costs of mortgage holders was $1,513, where as the costs for those who don't have a mortgage are $617. The median number of rooms in houses and condos are 6.9 versus apartments which had a median number of 5.4.
The real estate tax percent rate is 1.2% which equated to an average real estate tax amount payment of $2,663. 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 $2,641. 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 $2,785. Reported taxable interest for persons was $607, dividends $1,740, capital gains +$2,555, and itemized deductions $19,539. The average earned income tax credit is $2,063. The percent of individuals that use a tax preparer is 59.2%. The total average income taxes paid by individuals was $7,076. Businesses reported an average profit of $8,024.
Big Game Bar & Grill
17530 Lake Blvd, Shafer, MN 55074
Shafer Saloon
30220 Redwing Ave, Shafer, MN 55074
Drive in Restaurant
20297 Edward Blvd, Shafer, MN 55074
Ole's Crossroads Bar & Grill
17530 Lake Blvd, Shafer, MN 55074
The Watershed Cafe
99 N Cascade St, Osceola, WI 54020 (4 miles away)