Interested in purchasing investment houses in the 55430 zip code in Minneapolis, MN?
The zip code 55430 is in Hennepin county with a latitude of -93.301290000000 and longitude of 45.063970000000, is in the state of Minnesota. The average asking price of houses and condos is $101,496.00 and the average sale price was $88,376.00. 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' 50.292" N, 93° 18' 4.644" W. The county F.I.P.S. is 27053. This zip code contains three cities including Brooklyn Center, MN (77.66%), Minneapolis, MN (22.07%), and Brooklyn Park, MN (0.28%) The total land area is 5.6 square miles and the water area is 0.2 square miles. The elevation in this area is 837 - 863 feet. The zip code is on central standard time and observes daylight savings time.
The zip 55430 is in county number 053 and is L. Sector , L. Segment , H. Sector , and H. Segment . The population was 22,791 in 2019 and 21,508 in 2010. This further breaks down to 11,057 males (48.5%) and 11,734 females (51.5%). The median age of residents is 32.5 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 4,038. This zip code has a combined total of 8,110 houses and condos. There are 2,965 rented appartments. 38% of residents rent versus the 38% 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 $36,494 and the average salary is $34,426. The median household income of individuals is $53,723.00 and the average is $43,390.00. This zip code has a mean commute time to work of 25.7 minutes. The unemployment rate is 3.9%. Income earners by percent breakdown as 46.30% (Under $50,000), 38.80% ($50,000-$100,000), and 14.80% earn over $100,000. 17.4% of residents live below poverty line versus the 9.0% in the state that are below this line. The cost of living index is 112.0. The educational breakdown is 86.0% have a high school education or higher, 20.1% have a bachelor's degree or higher, and 5.4% have some kind of profesional degree.
This area has 7,756 households and the average size is 2.9 people. Individuals who are single and have never been married are 45.7%, 36.9% are now married, 1.0% are separated, 4.4% are widowed, and 12.0% are divorced. The average yearly contribution amount given by people to charity was $2,543 versus the state average of $3,948. The percent of residents who gave to charity was 20.1%.
The estimated median value of houses and condos is $177,804. The median monthly owner costs of mortgage holders was $1,355, where as the costs for those who don't have a mortgage are $487. The median number of rooms in houses and condos are 6.4 versus apartments which had a median number of 4.2.
The real estate tax percent rate is 1.3% which equated to an average real estate tax amount payment of $2,248. 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 1.3% which amounted to an average tax amount of $2,296. 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 $2,121. Reported taxable interest for persons was $722, dividends $1,775, capital gains +$707, and itemized deductions $15,271. The average earned income tax credit is $2,325. The percent of individuals that use a tax preparer is 49.5%. The total average income taxes paid by individuals was $5,204. Businesses reported an average profit of $7,178.
Travail Kitchen and Amusements
4124 W Broadway Ave, Minneapolis, MN 55422 (4.2 miles away)
Jax Cafe
1928 University Ave NE, Minneapolis, MN 55418 (4.3 miles away)
Moe's
2400 Mounds View Blvd, Saint Paul, MN 55112 (5.7 miles away)
Bar La Grassa
800 Washington Ave N, Minneapolis, MN 55401 (5.8 miles away)
Manny's Steakhouse
825 Marquette Ave, Minneapolis, MN 55402 (6.2 miles away)
Sunshine Factory Bar & Grill
4100 Vinewood Ln N, Minneapolis, MN 55442 (6.4 miles away)