Interested in purchasing investment houses in the 55605 zip code in Grand Portage, MN?
The zip code 55605 is in Cook county with a latitude of -89.753090000000 and longitude of 47.963140000000, is in the state of Minnesota. The average asking price of houses and condos is $150,000.00 and the average sale price was $50,474.00. this regions is classified as the Duluth - Superior metro area and is in the 218 area code. The location in degrees is 47° 57' 47.304" N, 89° 45' 11.124" W. The county F.I.P.S. is 27031. The total land area is 72.0 square miles and the water area is 10.3 square miles. The elevation in this area is 653 - 1608 feet. The zip code is on central standard time and observes daylight savings time.
The zip 55605 is in county number 083 and is L. Sector 91, L. Segment 01, H. Sector 01, and H. Segment 01. The population was 691 in 2019 and 565 in 2010. This further breaks down to 356 males (51.6%) and 334 females (48.4%). The median age of residents is 43.6 years. The population density (people per square mile) is 10. This zip code has a combined total of 423 houses and condos. There are 170 rented appartments. 49% of residents rent versus the 49% of residents in the state who rent.
The financial status of those living in this area is considered lower middle class. The average individual gross adjusted income is $30,953 and the average salary is $28,847. The median household income of individuals is $44,190.00 and the average is $37,170.00. This zip code has a mean commute time to work of 7.3 minutes. The unemployment rate is 2.1%. Income earners by percent breakdown as 54.30% (Under $50,000), 34.40% ($50,000-$100,000), and 11.30% earn over $100,000. 14.1% of residents live below poverty line versus the 9.0% in the state that are below this line. The cost of living index is 86.0. The educational breakdown is 91.1% have a high school education or higher, 20.3% have a bachelor's degree or higher, and 3.3% have some kind of profesional degree.
This area has 257 households and the average size is 2.0 people. Individuals who are single and have never been married are 32.5%, 46.7% are now married, 2.1% are separated, 3.8% are widowed, and 14.9% are divorced.
The estimated median value of houses and condos is $134,348. The median monthly owner costs of mortgage holders was $958, where as the costs for those who don't have a mortgage are $339. The median number of rooms in houses and condos are 5.0 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 $1,706. 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. Conversely, the median housing property tax percent for residents who don't have mortgages was 1.5% which amounted to an average tax amount of $1,716. Reported taxable interest for persons was $150. The average earned income tax credit is $1,956. The percent of individuals that use a tax preparer is 17.6%. Businesses reported an average profit of $4,850.
Jacobsen Barbara Gpc Snack Bar
Grand Portage, MN 55605
Grand Portage Dining Room
70 Casino Dr, Grand Portage, MN 55605
Chicago Bay Marketplace
4971 E Highway 61, Hovland, MN 55606 (18.3 miles away)
The Crooked Spoon Cafe
17 W Wisconsin St, Grand Marais, MN 55604 (32.3 miles away)
Lutsen Resort Lake Superior
5700 W Highway 61, Lutsen, MN 55612 (47.6 miles away)
Bluefin Grille
7192 W Highway 61, Tofte, MN 55615 (52.1 miles away)