Interested in purchasing investment houses in the 55373 zip code in Rockford, MN?
The zip code 55373 is in both Hennepin and Wright counties with a latitude of -93.723780000000 and longitude of 45.088180000000, is in the state of Minnesota. The average asking price of houses and condos is $210,014.00 and the average sale price was $209,458.00. this regions is classified as the Minneapolis - Saint Paul metro area and is in the 763 area code. The location in degrees is 45° 5' 17.448" N, 93° 43' 25.608" W. The county F.I.P.S. is 27171. This zip code contains three cities including Greenfield, MN (71.90%), Rockford, MN (20.28%), and Independence, MN (1.19%) The total land area is 11.0 square miles and the water area is 0.9 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 55373 is in county number 053 and is L. Sector 94, L. Segment 00, H. Sector 00, and H. Segment 00. The population was 5,803 in 2019 and 5,600 in 2010. Of this, the break down in 2019 was 4,970 urban and 832 rural. This further breaks down to 2,831 males (48.8%) and 2,971 females (51.2%). The median age of residents is 40.4 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 528. This zip code has a combined total of 2,232 houses and condos. There are 423 rented appartments. 19% of residents rent versus the 19% 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 $63,752 and the average salary is $56,986. The median household income of individuals is $71,602.00 and the average is $75,930.00. This zip code has a mean commute time to work of 30.9 minutes. The unemployment rate is 4.1%. Income earners by percent breakdown as 31.50% (Under $50,000), 41.00% ($50,000-$100,000), and 27.50% earn over $100,000. 7.1% of residents live below poverty line versus the 9.0% in the state that are below this line. The cost of living index is 111.8. The educational breakdown is 96.1% have a high school education or higher, 34.3% have a bachelor's degree or higher, and 11.2% have some kind of profesional degree.
This area has 2,095 households and the average size is 2.6 people. Individuals who are single and have never been married are 29.9%, 55.5% are now married, 0.7% are separated, 1.7% are widowed, and 12.2% are divorced. The average yearly contribution amount given by people to charity was $2,730 versus the state average of $3,948. The percent of residents who gave to charity was 34.6%.
The estimated median value of houses and condos is $232,649. The median monthly owner costs of mortgage holders was $1,650, where as the costs for those who don't have a mortgage are $629. The median number of rooms in houses and condos are 6.9 versus apartments which had a median number of 4.4.
The real estate tax percent rate is 1.1% which equated to an average real estate tax amount payment of $2,566. 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 0.6% which amounted to an average tax amount of $2,846. Conversely, the median housing property tax percent for residents who don't have mortgages was 0.3% which amounted to an average tax amount of $1,334. Reported taxable interest for persons was $980, dividends $1,936, capital gains +$3,178, and itemized deductions $22,304. The average earned income tax credit is $2,073. The percent of individuals that use a tax preparer is 48.7%. The total average income taxes paid by individuals was $9,054. Businesses reported an average profit of $9,732.
Restaurant
8230 Bridge St, Rockford, MN 55373
O'Bresky Restaurants
7500 State Highway 55, Rockford, MN 55373
El Bamba
8810 Walnut St, Rockford, MN 55373
Billy's
8060 State Highway 55, Rockford, MN 55373
Greenrock Deli
7951 State Highway 55, Rockford, MN 55373
Deli Gabor
5695 Lake Sarah Heights Dr, Rockford, MN 55373
Taco John's
5820 Tower St, Rockford, MN 55373
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