Interested in purchasing investment houses in the 55422 zip code in Minneapolis, MN?
The zip code 55422 is in Hennepin county with a latitude of -93.339510000000 and longitude of 45.009070000000, is in the state of Minnesota. The average asking price of houses and condos is $187,171.00 and the average sale price was $181,415.00. this regions is classified as the Minneapolis - Saint Paul metro area and is in the 763 area code. The location in degrees is 45° 0' 32.652" N, 93° 20' 22.236" W. The county F.I.P.S. is 27053. This zip code contains four cities including Golden Valley, MN (51.78%), Robbinsdale, MN (34.05%), Crystal, MN (14.05%), and Brooklyn Center, MN (0.12%) The total land area is 8.3 square miles and the water area is 0.5 square miles. The elevation in this area is 850 - 876 feet. The zip code is on central standard time and observes daylight savings time.
The zip 55422 is in county number 053 and is L. Sector , L. Segment , H. Sector , and H. Segment . The population was 30,162 in 2019 and 27,820 in 2010. This further breaks down to 14,228 males (47.2%) and 15,933 females (52.8%). The median age of residents is 39.8 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 3,637. This zip code has a combined total of 13,260 houses and condos. There are 3,825 rented appartments. 30% of residents rent versus the 30% 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 $66,293 and the average salary is $58,882. The median household income of individuals is $67,663.00 and the average is $84,290.00. This zip code has a mean commute time to work of 23.6 minutes. The unemployment rate is 3.1%. Income earners by percent breakdown as 34.00% (Under $50,000), 39.50% ($50,000-$100,000), and 26.50% earn over $100,000. 6.5% of residents live below poverty line versus the 9.0% in the state that are below this line. The cost of living index is 112.6. The educational breakdown is 96.6% have a high school education or higher, 46.1% have a bachelor's degree or higher, and 14.6% have some kind of profesional degree.
This area has 11,990 households and the average size is 2.3 people. Individuals who are single and have never been married are 31.7%, 47.7% are now married, 0.9% are separated, 6.3% are widowed, and 13.4% are divorced. The average yearly contribution amount given by people to charity was $4,293 versus the state average of $3,948. The percent of residents who gave to charity was 38.2%.
The estimated median value of houses and condos is $251,226. The median monthly owner costs of mortgage holders was $1,618, where as the costs for those who don't have a mortgage are $638. The median number of rooms in houses and condos are 7.1 versus apartments which had a median number of 3.9.
The real estate tax percent rate is 1.2% which equated to an average real estate tax amount payment of $3,089. 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 1.2% which amounted to an average tax amount of $2,997. Conversely, the median housing property tax percent for residents who don't have mortgages was 1.3% which amounted to an average tax amount of $3,452. Reported taxable interest for persons was $1,689, dividends $5,796, capital gains +$7,737, and itemized deductions $23,595. The average earned income tax credit is $1,914. The percent of individuals that use a tax preparer is 48.5%. The total average income taxes paid by individuals was $9,947. Businesses reported an average profit of $13,311.
Travail Kitchen and Amusements
4124 W Broadway Ave, Minneapolis, MN 55422
Latuff's Pizzeria
10820 Highway 55, Minneapolis, MN 55441 (3.8 miles away)
Manny's Steakhouse
825 Marquette Ave, Minneapolis, MN 55402 (4 miles away)
Bar La Grassa
800 Washington Ave N, Minneapolis, MN 55401 (4 miles away)
Cafe Lurcat
1624 Harmon Pl, Minneapolis, MN 55403 (4.1 miles away)
Sunshine Factory Bar & Grill
4100 Vinewood Ln N, Minneapolis, MN 55442 (5 miles away)
When my husband passed away suddenly, I was left with a home I had to sell fast. The experts from We Buy Homes dealt with me professionally, fairly, and honestly. I didn’t have to list my house and I didn’t have to deal with strangers walking through my home. And I didn’t have to pay a realtor! They handled everything and that provided the peace of mind I needed during such a difficult time. I highly recommend them!
