Interested in purchasing investment houses in the 55363 zip code in Montrose, MN?
The zip code 55363 is in both Wright and Carver counties with a latitude of -93.913890000000 and longitude of 45.044140000000, is in the state of Minnesota. The average asking price of houses and condos is $192,789.00 and the average sale price was $131,476.00. this regions is classified as the Minneapolis - Saint Paul metro area and is in the 763 area code. The location in degrees is 45° 2' 38.904" N, 93° 54' 50.004" W. The county F.I.P.S. is 27171. This zip code contains two cities including Montrose, MN (10.65%), and Waverly, MN (0.02%) The total land area is 27.1 square miles and the water area is 0.2 square miles. The elevation in this area is 935 - 1024 feet. The zip code is on central standard time and observes daylight savings time.
The zip 55363 is in county number 019 and is L. Sector 96, L. Segment 00, H. Sector 00, and H. Segment 00. The population was 4,788 in 2019 and 4,496 in 2010. This further breaks down to 2,480 males (51.8%) and 2,308 females (48.2%). The median age of residents is 33.9 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 177. This zip code has a combined total of 1,725 houses and condos. There are 303 rented appartments. 18% of residents rent versus the 18% 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 $51,707 and the average salary is $47,787. The median household income of individuals is $63,968.00 and the average is $60,150.00. This zip code has a mean commute time to work of 35.7 minutes. The unemployment rate is 4.0%. Income earners by percent breakdown as 37.90% (Under $50,000), 45.40% ($50,000-$100,000), and 16.70% earn over $100,000. 9.5% of residents live below poverty line versus the 9.0% in the state that are below this line. The cost of living index is 111.3. The educational breakdown is 92.5% have a high school education or higher, 20.4% have a bachelor's degree or higher, and 3.6% have some kind of profesional degree.
This area has 1,615 households and the average size is 2.9 people. Individuals who are single and have never been married are 26.0%, 56.8% are now married, 0.7% are separated, 2.8% are widowed, and 13.7% are divorced. The average yearly contribution amount given by people to charity was $1,960 versus the state average of $3,948. The percent of residents who gave to charity was 29.1%.
The estimated median value of houses and condos is $213,630. The median monthly owner costs of mortgage holders was $1,473, where as the costs for those who don't have a mortgage are $509. The median number of rooms in houses and condos are 6.5 versus apartments which had a median number of 5.1.
The real estate tax percent rate is 1.0% which equated to an average real estate tax amount payment of $2,188. 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 1.0% which amounted to an average tax amount of $2,265. 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 $1,888. Reported taxable interest for persons was $674, dividends $1,140, capital gains +$5,918, and itemized deductions $18,192. The average earned income tax credit is $1,994. The percent of individuals that use a tax preparer is 54.9%. The total average income taxes paid by individuals was $6,271. Businesses reported an average profit of $8,513.
Linos Mexican Grill
330 Nelson Blvd, Montrose, MN 55363
Jacque B's Kitchen & Cocktail
211 Buffalo Ave N, Montrose, MN 55363
Uptown Bar & Grill
203 5th St N, Waverly, MN 55390 (2 miles away)
Wing Street
405 Babcock Blvd E, Delano, MN 55328 (5.5 miles away)
Luce Line Lodge
305 Lewis Ave S, Watertown, MN 55388 (6.7 miles away)
Trouble's
928 6th St, Howard Lake, MN 55349 (7.7 miles away)
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