Interested in purchasing investment houses in the 55385 zip code in Stewart, MN?
The zip code 55385 is in both McLeod and Renville counties with a latitude of -94.491270000000 and longitude of 44.738350000000, is in the state of Minnesota. The average asking price of houses and condos is $88,286.00 and the average sale price was $81,000.00. this regions is classified as the Minneapolis - Saint Paul metro area and is in the 320 area code. The location in degrees is 44° 44' 18.06" N, 94° 29' 28.572" W. The county F.I.P.S. is 27085. The total land area is 96.7 square miles and the water area is 1.3 square miles. The elevation in this area is 1040 - 1102 feet. The zip code is on central standard time and observes daylight savings time.
The zip 55385 is in county number 129 and is L. Sector 93, L. Segment 01, H. Sector 01, and H. Segment 01. The population was 1,188 in 2019 and 1,291 in 2010. This further breaks down to 639 males (53.8%) and 549 females (46.2%). The median age of residents is 47.7 years. The population of the greater Hutchinson, MN area is 37,787. The population density (people per square mile) is 12. This zip code has a combined total of 606 houses and condos. There are 92 rented appartments. 17% of residents rent versus the 17% 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 $53,211 and the average salary is $38,606. The median household income of individuals is $53,516.00 and the average is $58,740.00. This zip code has a mean commute time to work of 27.7 minutes. The unemployment rate is 3.5%. Income earners by percent breakdown as 45.50% (Under $50,000), 42.50% ($50,000-$100,000), and 12.00% earn over $100,000. 7.6% of residents live below poverty line versus the 9.0% in the state that are below this line. The cost of living index is 86.2. The educational breakdown is 95.6% have a high school education or higher, 10.8% have a bachelor's degree or higher, and 2.1% have some kind of profesional degree.
This area has 520 households and the average size is 2.2 people. Individuals who are single and have never been married are 21.0%, 57.7% are now married, 0.5% are separated, 4.4% are widowed, and 16.4% are divorced. The average yearly contribution amount given by people to charity was $2,636 versus the state average of $3,948. The percent of residents who gave to charity was 22.2%.
The estimated median value of houses and condos is $143,194. The median monthly owner costs of mortgage holders was $1,226, where as the costs for those who don't have a mortgage are $497. The median number of rooms in houses and condos are 6.9 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 $1,490. 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 $1,503. Conversely, the median housing property tax percent for residents who don't have mortgages was 1.1% which amounted to an average tax amount of $1,468. Reported taxable interest for persons was $1,092, dividends $1,520, capital gains +$5,485, and itemized deductions $19,606. The average earned income tax credit is $2,000. The percent of individuals that use a tax preparer is 69.8%. The total average income taxes paid by individuals was $7,244. Businesses reported an average profit of $7,933.
Cactus Jack's II
260 South St, Stewart, MN 55385
Casey's Carryout Pizza
401 South St, Stewart, MN 55385
Lake Marion Supper Club
11331 Highway 15, Brownton, MN 55312 (5.9 miles away)
Shenaniganz
345 N Main St, Buffalo Lake, MN 55314 (7.5 miles away)
Backwoods Bar
7540 5th St, New Auburn, MN 55366 (11.5 miles away)
Country Kitchen
528 Highway 7 E, Hutchinson, MN 55350 (12.1 miles away)
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