Interested in purchasing investment houses in the 55402 zip code in Minneapolis, MN?
The zip code 55402 is in Hennepin county with a latitude of -93.271600000000 and longitude of 44.976050000000, is in the state of Minnesota. The average asking price of houses and condos is $570,000.00 and the average sale price was $652,000.00. this regions is classified as the Minneapolis - Saint Paul metro area and is in the 612 area code. The location in degrees is 44° 58' 33.78" N, 93° 16' 17.76" W. The county F.I.P.S. is 27053. 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 55402 is in county number 053 and is L. Sector , L. Segment , H. Sector , and H. Segment . The population was 529 in 2019 and 368 in 2010. This further breaks down to 334 males (63.2%) and 195 females (36.8%). 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 2,974. This zip code has a combined total of 689 houses and condos. There are 413 rented appartments. 100% of residents rent versus the 100% 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 $521,022 and the average salary is $84,424. The median household income of individuals is $56,057.00 and the average is $895,760.00. This zip code has a mean commute time to work of 20.2 minutes. Income earners by percent breakdown as 40.00% (Under $50,000), 38.40% ($50,000-$100,000), and 21.60% earn over $100,000. The cost of living index is 114.4. The educational breakdown is 99.6% have a high school education or higher, 56.3% have a bachelor's degree or higher, and 33.4% have some kind of profesional degree.
This area has 303 households and the average size is 1.1 people. Individuals who are single and have never been married are 79.4%, 5.9% are now married, 0.5% are separated, 0.0% are widowed, and 14.2% are divorced. The average yearly contribution amount given by people to charity was $78,183 versus the state average of $3,948. The percent of residents who gave to charity was 37.2%.
The real estate tax percent rate is 1.3% which equated to an average real estate tax amount payment of $3,611. 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. Reported taxable interest for persons was $88,624, dividends $132,550, capital gains +$912,018, and itemized deductions $246,569. The average earned income tax credit is $1,200. The percent of individuals that use a tax preparer is 67.9%. The total average income taxes paid by individuals was $62,445. Businesses reported an average profit of $75,673.
Manny's Steakhouse
825 Marquette Ave, Minneapolis, MN 55402
Ruth's Chris Steak House
920 2nd Ave S Ste 100, Minneapolis, MN 55402
Zelo
831 Nicollet Mall, Minneapolis, MN 55402
Hyatt Centric Downtown Minneapolis
615 2nd Ave S, Minneapolis, MN 55402
Keys Cafe & Bakery
114 S 9th St, Minneapolis, MN 55402
Murray's
26 S 6th St, Minneapolis, MN 55402
Hell's Kitchen
80 S 9th St, Minneapolis, MN 55402
Bar La Grassa
800 Washington Ave N, Minneapolis, MN 55401 (0.6 miles away)
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