Interested in purchasing investment houses in the 55442 zip code in Minneapolis, MN?
The zip code 55442 is in Hennepin county with a latitude of -93.426890000000 and longitude of 45.048550000000, is in the state of Minnesota. The average asking price of houses and condos is $280,677.00 and the average sale price was $303,870.00. this regions is classified as the Minneapolis - Saint Paul metro area and is in the 763 area code. The location in degrees is 45° 2' 54.78" N, 93° 25' 36.804" W. The county F.I.P.S. is 27053. This zip code contains two cities including Plymouth, MN (99.92%), and Maple Grove, MN (0.08%) The total land area is 5.3 square miles and the water area is 0.5 square miles. The elevation in this area is 906 - 958 feet. The zip code is on central standard time and observes daylight savings time.
The zip 55442 is in county number 083 and is L. Sector 31, L. Segment 41, H. Sector 41, and H. Segment 41. The population was 12,886 in 2019 and 13,217 in 2010. This further breaks down to 5,768 males (44.8%) and 7,117 females (55.2%). The median age of residents is 48.6 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 2,432. This zip code has a combined total of 5,968 houses and condos. There are 1,138 rented appartments. 20% of residents rent versus the 20% 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 $94,413 and the average salary is $81,019. The median household income of individuals is $115,726.00 and the average is $105,530.00. This zip code has a mean commute time to work of 26.0 minutes. The unemployment rate is 0.9%. Income earners by percent breakdown as 14.10% (Under $50,000), 27.00% ($50,000-$100,000), and 58.90% earn over $100,000. 4.1% of residents live below poverty line versus the 9.0% in the state that are below this line. The cost of living index is 114.2. The educational breakdown is 100.6% have a high school education or higher, 59.4% have a bachelor's degree or higher, and 21.1% have some kind of profesional degree.
This area has 5,472 households and the average size is 2.3 people. Individuals who are single and have never been married are 23.6%, 61.5% are now married, 1.2% are separated, 4.2% are widowed, and 9.6% are divorced. The average yearly contribution amount given by people to charity was $4,095 versus the state average of $3,948. The percent of residents who gave to charity was 48.2%.
The estimated median value of houses and condos is $371,642. The median monthly owner costs of mortgage holders was $1,970, where as the costs for those who don't have a mortgage are $695. The median number of rooms in houses and condos are 8.2 versus apartments which had a median number of 4.1.
The real estate tax percent rate is 1.2% which equated to an average real estate tax amount payment of $4,302. 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 $4,473. Conversely, the median housing property tax percent for residents who don't have mortgages was 1.1% which amounted to an average tax amount of $3,993. Reported taxable interest for persons was $1,744, dividends $5,924, capital gains +$9,427, and itemized deductions $28,137. The average earned income tax credit is $1,670. The percent of individuals that use a tax preparer is 50.1%. The total average income taxes paid by individuals was $13,315. Businesses reported an average profit of $20,886.
Sunshine Factory Bar & Grill
4100 Vinewood Ln N, Minneapolis, MN 55442
Bakers Square
4100 Vinewood Ln N, Minneapolis, MN 55442
Oyama
4130 Berkshire Ln N, Minneapolis, MN 55446 (2.8 miles away)
Latuff's Pizzeria
10820 Highway 55, Minneapolis, MN 55441 (2.9 miles away)
Kai & I - Fresh Asian Fare
3355 Plymouth Blvd, Plymouth, MN 55447 (4.1 miles away)
Travail Kitchen and Amusements
4124 W Broadway Ave, Minneapolis, MN 55422 (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!
