Interested in purchasing investment houses in the 55087 zip code in Warsaw, MN?
The zip code 55087 is in Rice county with a latitude of -93.394950000000 and longitude of 44.248510000000, is in the state of Minnesota. The average asking price of houses and condos is $174,900.00 and the average sale price was $56,000.00. this regions is classified as the Minneapolis - Saint Paul metro area and is in the 507 area code. The location in degrees is 44° 14' 54.636" N, 93° 23' 41.82" W. The county F.I.P.S. is 27131. The total land area is 0.2 square miles and the water area is 0.0 square miles. The zip code is on central standard time and observes daylight savings time.
The zip 55087 is in county number 131 and is L. Sector 00, L. Segment 01, H. Sector 58, and H. Segment 58. The population was 422 in 2019 and 268 in 2010. This further breaks down to 245 males (58.1%) and 176 females (41.9%). The median age of residents is 34.9 years. The population of the greater Faribault-Northfield, MN area is 64,316. The population density (people per square mile) is 2,069. This zip code has a combined total of 181 houses and condos. There are 5 rented appartments. 3% of residents rent versus the 3% 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 $46,588 and the average salary is $39,360. The median household income of individuals is $65,977.00 and the average is $55,990.00. This zip code has a mean commute time to work of 26.6 minutes. The unemployment rate is 11.4%. Income earners by percent breakdown as 33.30% (Under $50,000), 44.10% ($50,000-$100,000), and 22.60% earn over $100,000. 2.8% of residents live below poverty line versus the 9.0% in the state that are below this line. The cost of living index is 67.5. The educational breakdown is 90.6% have a high school education or higher, 19.1% have a bachelor's degree or higher, and 0.0% have some kind of profesional degree.
This area has 108 households and the average size is 2.9 people. Individuals who are single and have never been married are 36.2%, 58.0% are now married, 0.0% are separated, 0.6% are widowed, and 5.2% are divorced. The average yearly contribution amount given by people to charity was $1,575 versus the state average of $3,948. The percent of residents who gave to charity was 25.0%.
The estimated median value of houses and condos is $164,977. The median monthly owner costs of mortgage holders was $1,120, where as the costs for those who don't have a mortgage are $326. The median number of rooms in houses and condos are 6.5.
The real estate tax percent rate is 0.5% which equated to an average real estate tax amount payment of $842. 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 0.5% which amounted to an average tax amount of $876. Conversely, the median housing property tax percent for residents who don't have mortgages was 0.5% which amounted to an average tax amount of $785. Reported taxable interest for persons was $250, dividends $500, and itemized deductions $15,920. The percent of individuals that use a tax preparer is 50.0%. The total average income taxes paid by individuals was $4,680. Businesses reported an average profit of $500.
The Channel Inn
23219 Farwell Ave, Warsaw, MN 55087
Archie's Bar
108 Division St N, Morristown, MN 55052 (3 miles away)
Country Kitchen
3050 Highway 60 W, Faribault, MN 55021 (6.4 miles away)
Vintage Escapes Winery & Vineyard
8950 Dodd Rd, Kilkenny, MN 56052 (7.7 miles away)
Casey's Carryout Pizza
517 Central Ave W, Medford, MN 55049 (9.1 miles away)
Corner Bar
Waterville, MN 56096 (9.1 miles away)
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