Interested in purchasing investment houses in the 55607 zip code in Isabella, MN?
The zip code 55607 is in Lake county with a latitude of -91.518180000000 and longitude of 47.621790000000, is in the state of Minnesota. The average asking price of houses and condos is $138,000.00 and the average sale price was $209,974.00. this regions is classified as the Duluth - Superior metro area and is in the 218 area code. The location in degrees is 47° 37' 18.444" N, 91° 31' 5.448" W. The county F.I.P.S. is 27075. The total land area is 442.3 square miles and the water area is 12.6 square miles. The elevation in this area is 1326 - 2005 feet. The zip code is on central standard time and observes daylight savings time.
The zip 55607 is in county number 075 and is L. Sector 01, L. Segment 01, H. Sector 16, and H. Segment 16. The population was 184 in 2019 and 134 in 2010. This further breaks down to 106 males (57.4%) and 78 females (42.6%). The median age of residents is 60.1 years. The population density (people per square mile) is 0.416. This zip code has a combined total of 267 houses and condos. There are 5 rented appartments. 6% of residents rent versus the 6% of residents in the state who rent.
The financial status of those living in this area is considered middle class.
The average individual salary is $18,500. The median household income of individuals is $50,851.00. This zip code has a mean commute time to work of 54.2 minutes. The unemployment rate is 1.0%. Income earners by percent breakdown as 49.20% (Under $50,000), 39.50% ($50,000-$100,000), and 11.30% earn over $100,000. 11.5% of residents live below poverty line versus the 9.0% in the state that are below this line. The cost of living index is 86.4. The educational breakdown is 88.6% have a high school education or higher, 45.7% have a bachelor's degree or higher, and 21.3% have some kind of profesional degree.
This area has 70 households and the average size is 2.0 people. Individuals who are single and have never been married are 18.9%, 52.2% are now married, 1.1% are separated, 9.1% are widowed, and 18.7% are divorced.
The estimated median value of houses and condos is $224,467. The median monthly owner costs of mortgage holders was $1,450, where as the costs for those who don't have a mortgage are $555. The median number of rooms in houses and condos are 5.1.
The real estate tax percent rate is 0.6% which equated to an average real estate tax amount payment of $1,260. 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 0.3% which amounted to an average tax amount of $756. Conversely, the median housing property tax percent for residents who don't have mortgages was 0.7% which amounted to an average tax amount of $1,536. Reported taxable interest for persons was $407. The average earned income tax credit is $1,563.
Stony River Cafe
9375 Highway 1, Isabella, MN 55607
Our Place
5195 Heffelfinger Rd, Finland, MN 55603 (21.4 miles away)
Hide Away Supper Club
8310 Joseph St, Babbitt, MN 55706 (21.6 miles away)
Ely Steak House
216 E Sheridan St, Ely, MN 55731 (23.6 miles away)
Northwoods Family Grille
6 Shopping Ctr, Silver Bay, MN 55614 (24.6 miles away)
Schroeder Baking Co
19 Lambs Way, Schroeder, MN 55613 (27.6 miles away)
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