Interested in purchasing investment houses in the 55436 zip code in Minneapolis, MN?
The zip code 55436 is in Hennepin county with a latitude of -93.374040000000 and longitude of 44.903410000000, is in the state of Minnesota. The average asking price of houses and condos is $804,598.00 and the average sale price was $588,043.00. this regions is classified as the Minneapolis - Saint Paul metro area and is in the 612 area code. The location in degrees is 44° 54' 12.276" N, 93° 22' 26.544" W. The county F.I.P.S. is 27053. This zip code contains two cities including Edina, MN (99.58%), and St. Louis Park, MN (0.42%) The total land area is 4.7 square miles and the water area is 0.2 square miles. The elevation in this area is 919 - 938 feet. The zip code is on central standard time and observes daylight savings time.
The zip 55436 is in county number 053 and is L. Sector , L. Segment , H. Sector , and H. Segment . The population was 13,590 in 2019 and 13,138 in 2010. This further breaks down to 6,310 males (46.4%) and 7,280 females (53.6%). The median age of residents is 46.5 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 2,865. This zip code has a combined total of 6,226 houses and condos. There are 1,379 rented appartments. 24% of residents rent versus the 24% 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 $220,286 and the average salary is $142,665. The median household income of individuals is $94,145.00 and the average is $241,990.00. This zip code has a mean commute time to work of 21.8 minutes. The unemployment rate is 1.6%. Income earners by percent breakdown as 23.20% (Under $50,000), 29.00% ($50,000-$100,000), and 47.80% earn over $100,000. 3.3% of residents live below poverty line versus the 9.0% in the state that are below this line. The cost of living index is 115.5. The educational breakdown is 100.9% have a high school education or higher, 72.7% have a bachelor's degree or higher, and 29.6% have some kind of profesional degree.
This area has 5,604 households and the average size is 2.3 people. Individuals who are single and have never been married are 22.2%, 62.1% are now married, 0.9% are separated, 6.6% are widowed, and 8.2% are divorced. The average yearly contribution amount given by people to charity was $13,590 versus the state average of $3,948. The percent of residents who gave to charity was 57.2%.
The estimated median value of houses and condos is $525,562. The median monthly owner costs of mortgage holders was $2,639, where as the costs for those who don't have a mortgage are $938. The median number of rooms in houses and condos are 8.2 versus apartments which had a median number of 4.0.
The real estate tax percent rate is 1.2% which equated to an average real estate tax amount payment of $6,091. 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 $6,253. 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 $5,748. Reported taxable interest for persons was $7,045, dividends $23,735, capital gains +$70,867, and itemized deductions $60,916. The average earned income tax credit is $1,230. The percent of individuals that use a tax preparer is 62.8%. The total average income taxes paid by individuals was $29,744. Businesses reported an average profit of $36,888.
Pizzeria Lola
5557 Xerxes Ave S, Minneapolis, MN 55410 (2.8 miles away)
Ciao Bella
3501 Minnesota Dr, Minneapolis, MN 55435 (2.8 miles away)
Twin Cities Pasta Co
750 2nd St NE, Hopkins, MN 55343 (3.7 miles away)
Broders' Pasta Bar
5000 Penn Ave S, Minneapolis, MN 55419 (4.2 miles away)
Campiello
6411 City West Pkwy, Eden Prairie, MN 55344 (4.5 miles away)
Romano's Macaroni Grill
11390 Wayzata Blvd, Hopkins, MN 55305 (4.6 miles away)
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