Interested in purchasing investment houses in the 55421 zip code in Minneapolis, MN?
The zip code 55421 is in both Anoka and Ramsey counties with a latitude of -93.253130000000 and longitude of 45.050900000000, is in the state of Minnesota. The average asking price of houses and condos is $128,944.00 and the average sale price was $115,496.00. this regions is classified as the Minneapolis - Saint Paul metro area and is in the 763 area code. The location in degrees is 45° 3' 3.24" N, 93° 15' 11.268" W. The county F.I.P.S. is 27003. This zip code contains five cities including Columbia Heights, MN (53.24%), Fridley, MN (37.37%), St. Anthony, MN (6.85%), Hilltop, MN (1.81%), and Minneapolis, MN (0.72%) The total land area is 6.3 square miles and the water area is 0.3 square miles. The elevation in this area is 873 - 909 feet. The zip code is on central standard time and observes daylight savings time.
The zip 55421 is in county number 123 and is L. Sector , L. Segment , H. Sector , and H. Segment . The population was 28,893 in 2019 and 27,035 in 2010. This further breaks down to 14,552 males (50.4%) and 14,341 females (49.6%). The median age of residents is 36.7 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 4,599. This zip code has a combined total of 12,400 houses and condos. There are 4,715 rented appartments. 40% of residents rent versus the 40% of residents in the state who rent.
The financial status of those living in this area is considered lower middle class. The average individual gross adjusted income is $43,258 and the average salary is $39,191. The median household income of individuals is $49,874.00 and the average is $51,680.00. This zip code has a mean commute time to work of 26.3 minutes. The unemployment rate is 4.5%. Income earners by percent breakdown as 50.10% (Under $50,000), 36.20% ($50,000-$100,000), and 13.70% earn over $100,000. 10.6% of residents live below poverty line versus the 9.0% in the state that are below this line. The cost of living index is 112.3. The educational breakdown is 90.4% have a high school education or higher, 29.5% have a bachelor's degree or higher, and 7.5% have some kind of profesional degree.
This area has 11,430 households and the average size is 2.4 people. Individuals who are single and have never been married are 38.9%, 40.2% are now married, 1.9% are separated, 6.3% are widowed, and 12.6% are divorced. The average yearly contribution amount given by people to charity was $2,774 versus the state average of $3,948. The percent of residents who gave to charity was 24.1%.
The estimated median value of houses and condos is $198,371. The median monthly owner costs of mortgage holders was $1,394, where as the costs for those who don't have a mortgage are $506. The median number of rooms in houses and condos are 6.1 versus apartments which had a median number of 3.8.
The real estate tax percent rate is 1.2% which equated to an average real estate tax amount payment of $2,300. 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 1.1% which amounted to an average tax amount of $2,284. Conversely, the median housing property tax percent for residents who don't have mortgages was 1.2% which amounted to an average tax amount of $2,341. Reported taxable interest for persons was $1,102, dividends $3,319, capital gains +$4,046, and itemized deductions $17,292. The average earned income tax credit is $2,223. The percent of individuals that use a tax preparer is 50.9%. The total average income taxes paid by individuals was $6,452. Businesses reported an average profit of $9,527.
Jax Cafe
1928 University Ave NE, Minneapolis, MN 55418 (2.4 miles away)
Moe's
2400 Mounds View Blvd, Saint Paul, MN 55112 (3.7 miles away)
Bar La Grassa
800 Washington Ave N, Minneapolis, MN 55401 (4.8 miles away)
Travail Kitchen and Amusements
4124 W Broadway Ave, Minneapolis, MN 55422 (5.2 miles away)
Manny's Steakhouse
825 Marquette Ave, Minneapolis, MN 55402 (5.4 miles away)
Alma
528 University Ave SE, Minneapolis, MN 55414 (5.4 miles away)
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