Interested in purchasing investment houses in the 55428 zip code in Minneapolis, MN?
The zip code 55428 is in Hennepin county with a latitude of -93.381210000000 and longitude of 45.063200000000, is in the state of Minnesota. The average asking price of houses and condos is $129,478.00 and the average sale price was $117,088.00. 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' 47.52" N, 93° 22' 52.356" W. The county F.I.P.S. is 27053. This zip code contains three cities including Brooklyn Park, MN (45.71%), New Hope, MN (36.93%), and Crystal, MN (17.35%) The total land area is 8.1 square miles and the water area is 0.1 square miles. The elevation in this area is 873 - 889 feet. The zip code is on central standard time and observes daylight savings time.
The zip 55428 is in county number 053 and is L. Sector , L. Segment , H. Sector , and H. Segment . The population was 31,664 in 2019 and 29,357 in 2010. This further breaks down to 15,292 males (48.3%) and 16,372 females (51.7%). The median age of residents is 37.3 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 3,917. This zip code has a combined total of 12,553 houses and condos. There are 5,156 rented appartments. 42% of residents rent versus the 42% 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 $43,035 and the average salary is $40,756. The median household income of individuals is $56,716.00 and the average is $51,020.00. This zip code has a mean commute time to work of 25.4 minutes. The unemployment rate is 3.9%. Income earners by percent breakdown as 43.00% (Under $50,000), 37.70% ($50,000-$100,000), and 19.30% earn over $100,000. 11.7% of residents live below poverty line versus the 9.0% in the state that are below this line. The cost of living index is 112.9. The educational breakdown is 88.3% have a high school education or higher, 25.3% have a bachelor's degree or higher, and 6.4% have some kind of profesional degree.
This area has 11,643 households and the average size is 2.5 people. Individuals who are single and have never been married are 34.5%, 46.2% are now married, 1.0% are separated, 6.1% are widowed, and 12.2% are divorced. The average yearly contribution amount given by people to charity was $2,776 versus the state average of $3,948. The percent of residents who gave to charity was 26.0%.
The estimated median value of houses and condos is $224,356. The median monthly owner costs of mortgage holders was $1,541, where as the costs for those who don't have a mortgage are $539. The median number of rooms in houses and condos are 6.8 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 $2,725. 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 $2,717. 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 $2,753. Reported taxable interest for persons was $794, dividends $2,664, capital gains +$3,792, and itemized deductions $17,506. The average earned income tax credit is $2,234. The percent of individuals that use a tax preparer is 48.7%. The total average income taxes paid by individuals was $6,320. Businesses reported an average profit of $7,973.
Sunshine Factory Bar & Grill
4100 Vinewood Ln N, Minneapolis, MN 55442 (2.7 miles away)
Travail Kitchen and Amusements
4124 W Broadway Ave, Minneapolis, MN 55422 (4.2 miles away)
Latuff's Pizzeria
10820 Highway 55, Minneapolis, MN 55441 (4.4 miles away)
Oyama
4130 Berkshire Ln N, Minneapolis, MN 55446 (5.4 miles away)
Sawatdee & Zushiya
7885 Main St N, Osseo, MN 55369 (5.9 miles away)
Kai & I - Fresh Asian Fare
3355 Plymouth Blvd, Plymouth, MN 55447 (6.6 miles away)