Interested in purchasing investment houses in the 55707 zip code in Barnum, MN?
The zip code 55707 is in Carlton county with a latitude of -92.648270000000 and longitude of 46.546180000000, is in the state of Minnesota. The average asking price of houses and condos is $157,659.00 and the average sale price was $135,990.00. this regions is classified as the Duluth - Superior metro area and is in the 218 area code. The location in degrees is 46° 32' 46.248" N, 92° 38' 53.772" W. The county F.I.P.S. is 27017. This zip code contains two cities including Mahtowa, MN (5.59%), and Barnum, MN (0.62%) The total land area is 157.8 square miles and the water area is 2.8 square miles. The elevation in this area is 919 - 1332 feet. The zip code is on central standard time and observes daylight savings time.
The zip 55707 is in county number 017 and is L. Sector 00, L. Segment 01, H. Sector 30, and H. Segment 30. The population was 3,357 in 2019 and 3,440 in 2010. This further breaks down to 1,763 males (52.5%) and 1,593 females (47.5%). The median age of residents is 44.2 years. The population of the greater Duluth, MN-WI area is 275,286. The population density (people per square mile) is 21. This zip code has a combined total of 1,729 houses and condos. There are 186 rented appartments. 14% of residents rent versus the 14% 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 $49,607 and the average salary is $45,819. The median household income of individuals is $49,844.00 and the average is $57,320.00. This zip code has a mean commute time to work of 29.2 minutes. The unemployment rate is 4.0%. Income earners by percent breakdown as 50.20% (Under $50,000), 38.20% ($50,000-$100,000), and 11.70% earn over $100,000. 6.1% of residents live below poverty line versus the 9.0% in the state that are below this line. The cost of living index is 86.7. The educational breakdown is 92.2% have a high school education or higher, 22.8% have a bachelor's degree or higher, and 6.6% have some kind of profesional degree.
This area has 1,307 households and the average size is 2.5 people. Individuals who are single and have never been married are 23.7%, 61.2% are now married, 0.6% are separated, 4.6% are widowed, and 9.9% are divorced. The average yearly contribution amount given by people to charity was $2,083 versus the state average of $3,948. The percent of residents who gave to charity was 25.0%.
The estimated median value of houses and condos is $187,645. The median monthly owner costs of mortgage holders was $1,340, where as the costs for those who don't have a mortgage are $431. The median number of rooms in houses and condos are 5.8 versus apartments which had a median number of 4.3.
The real estate tax percent rate is 1.0% which equated to an average real estate tax amount payment of $1,797. 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 0.9% which amounted to an average tax amount of $1,870. Conversely, the median housing property tax percent for residents who don't have mortgages was 1.0% which amounted to an average tax amount of $1,645. Reported taxable interest for persons was $681, dividends $1,332, capital gains +$2,174, and itemized deductions $19,512. The average earned income tax credit is $1,929. The percent of individuals that use a tax preparer is 60.4%. The total average income taxes paid by individuals was $6,363. Businesses reported an average profit of $9,775.
Lou's Rustic Diner
3729 Front St, Barnum, MN 55707
Lazy Bear Grill
3696 Main St, Barnum, MN 55707
Chickadee Coffee House & Deli
3691 Alan Syverson Dr, Barnum, MN 55707
Park Lake Resort
2243 County Road 7, Mahtowa, MN 55707
Joe Jitters Coffee House
308 Elm Ave, Moose Lake, MN 55767 (7.5 miles away)
The Rack Shack
8381 State Highway 23, Kerrick, MN 55756 (10 miles away)
Embers
1704 Highway 210, Carlton, MN 55718 (11.7 miles away)
Ernie's
34091 Laketown Rd, Sturgeon Lake, MN 55783 (13 miles away)
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