Interested in purchasing investment houses in the 55704 zip code in Askov, MN?
The zip code 55704 is in Pine county with a latitude of -92.768260000000 and longitude of 46.203940000000, is in the state of Minnesota. The average asking price of houses and condos is $92,818.00 and the average sale price was $164,200.00. this regions is classified as the Minneapolis - Saint Paul metro area and is in the 320 area code. The location in degrees is 46° 12' 14.184" N, 92° 46' 5.736" W. The county F.I.P.S. is 27115. This zip code contains two cities including Askov, MN (2.28%), and Rutledge, MN (0.63%) The total land area is 55.5 square miles and the water area is 0.1 square miles. The elevation in this area is 1063 - 1198 feet. The zip code is on central standard time and observes daylight savings time.
The zip 55704 is in county number 115 and is L. Sector 00, L. Segment 01, H. Sector 20, and H. Segment 20. The population was 1,062 in 2019 and 1,128 in 2010. This further breaks down to 580 males (54.6%) and 482 females (45.4%). The median age of residents is 44.9 years. The population density (people per square mile) is 19. This zip code has a combined total of 638 houses and condos. There are 78 rented appartments. 18% of residents rent versus the 18% 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 $45,780 and the average salary is $39,021. The median household income of individuals is $39,612.00 and the average is $51,840.00. This zip code has a mean commute time to work of 31.7 minutes. The unemployment rate is 3.1%. Income earners by percent breakdown as 59.70% (Under $50,000), 31.00% ($50,000-$100,000), and 9.30% earn over $100,000. 12.8% of residents live below poverty line versus the 9.0% in the state that are below this line. The cost of living index is 85.6. The educational breakdown is 89.4% have a high school education or higher, 21.3% have a bachelor's degree or higher, and 4.6% have some kind of profesional degree.
This area has 467 households and the average size is 2.4 people. Individuals who are single and have never been married are 24.7%, 55.9% are now married, 0.9% are separated, 5.3% are widowed, and 13.2% are divorced. The average yearly contribution amount given by people to charity was $2,825 versus the state average of $3,948. The percent of residents who gave to charity was 23.5%.
The estimated median value of houses and condos is $163,872. The median monthly owner costs of mortgage holders was $1,218, where as the costs for those who don't have a mortgage are $484. The median number of rooms in houses and condos are 6.2 versus apartments which had a median number of 3.5.
The real estate tax percent rate is 1.0% which equated to an average real estate tax amount payment of $1,592. 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 1.0% which amounted to an average tax amount of $1,633. Conversely, the median housing property tax percent for residents who don't have mortgages was 0.9% which amounted to an average tax amount of $1,522. Reported taxable interest for persons was $933, dividends $1,060, capital gains +$1,880, and itemized deductions $19,256. The average earned income tax credit is $2,300. The percent of individuals that use a tax preparer is 62.7%. The total average income taxes paid by individuals was $5,489. Businesses reported an average profit of $4,017.
Ringers Bar
6375 Kobmagergade, Askov, MN 55704
Little Mermaid Cafe
6333 H C Andersen Alle, Askov, MN 55704
Squirrel Cage Bar, Grill & Motel
8144 County Highway 61, Willow River, MN 55795 (7.8 miles away)
Bear's Den
4582 E Main St, Bruno, MN 55712 (8.8 miles away)
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