Interested in purchasing investment houses in the 55434 zip code in Minneapolis, MN?
The zip code 55434 is in Anoka county with a latitude of -93.250540000000 and longitude of 45.168170000000, is in the state of Minnesota. The average asking price of houses and condos is $148,929.00 and the average sale price was $154,445.00. this regions is classified as the Minneapolis - Saint Paul metro area and is in the 763 area code. The location in degrees is 45° 10' 5.412" N, 93° 15' 1.944" W. The county F.I.P.S. is 27003. The total land area is 9.2 square miles and the water area is 0.1 square miles. The elevation in this area is 902 - 909 feet. The zip code is on central standard time and observes daylight savings time.
The zip 55434 is in county number 053 and is L. Sector 99, L. Segment 78, H. Sector 78, and H. Segment 78. The population was 31,488 in 2019 and 28,823 in 2010. This further breaks down to 15,355 males (48.8%) and 16,133 females (51.2%). The median age of residents is 38.0 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 3,422. This zip code has a combined total of 11,981 houses and condos. There are 1,920 rented appartments. 17% of residents rent versus the 17% 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 $49,683 and the average salary is $46,851. The median household income of individuals is $68,275.00 and the average is $57,840.00. This zip code has a mean commute time to work of 24.6 minutes. The unemployment rate is 4.3%. Income earners by percent breakdown as 28.60% (Under $50,000), 49.70% ($50,000-$100,000), and 21.70% earn over $100,000. 6.2% 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 92.7% have a high school education or higher, 25.8% have a bachelor's degree or higher, and 6.2% have some kind of profesional degree.
This area has 10,993 households and the average size is 2.7 people. Individuals who are single and have never been married are 31.5%, 51.4% are now married, 1.4% are separated, 4.6% are widowed, and 11.2% are divorced. The average yearly contribution amount given by people to charity was $2,279 versus the state average of $3,948. The percent of residents who gave to charity was 31.0%.
The estimated median value of houses and condos is $221,371. The median monthly owner costs of mortgage holders was $1,427, where as the costs for those who don't have a mortgage are $491. The median number of rooms in houses and condos are 6.6 versus apartments which had a median number of 4.2.
The real estate tax percent rate is 0.9% which equated to an average real estate tax amount payment of $2,100. 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 0.9% which amounted to an average tax amount of $2,171. Conversely, the median housing property tax percent for residents who don't have mortgages was 1.0% which amounted to an average tax amount of $1,986. Reported taxable interest for persons was $525, dividends $1,296, capital gains +$2,364, and itemized deductions $17,509. The average earned income tax credit is $2,003. The percent of individuals that use a tax preparer is 48.5%. The total average income taxes paid by individuals was $6,238. Businesses reported an average profit of $7,877.
Empire Grill
641 125th Ave NE, Blaine, MN 55434
Texas Roadhouse
2780 Main St NW, Minneapolis, MN 55448 (3 miles away)
Carol's Restaurant
11888 Aberdeen St NE, Minneapolis, MN 55449 (3 miles away)
Red Lobster
8500 47, Minneapolis, MN 55433 (3.4 miles away)
China Bistro
15190 Bluebird St NW, Andover, MN 55304 (4.9 miles away)
Carbone's Pizzeria
9200 Lexington Ave N, Circle Pines, MN 55014 (5.3 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!
