Interested in purchasing investment houses in the 55723 zip code in Cook, MN?
The zip code 55723 is in both Saint Louis and Itasca counties with a latitude of -92.935030000000 and longitude of 47.822910000000, is in the state of Minnesota. The average asking price of houses and condos is $247,556.00 and the average sale price was $155,517.00. this regions is classified as the Duluth - Superior metro area and is in the 218 area code. The location in degrees is 47° 49' 22.476" N, 92° 56' 6.108" W. The county F.I.P.S. is 27137. The total land area is 525.1 square miles and the water area is 23.4 square miles. The elevation in this area is 1286 - 1499 feet. The zip code is on central standard time and observes daylight savings time.
The zip 55723 is in county number 061 and is L. Sector 94, L. Segment 01, H. Sector 01, and H. Segment 01. The population was 2,175 in 2019 and 2,363 in 2010. This further breaks down to 1,070 males (49.2%) and 1,105 females (50.8%). The median age of residents is 57.5 years. The population of the greater Duluth, MN-WI area is 275,286. The population density (people per square mile) is 4. This zip code has a combined total of 2,442 houses and condos. There are 160 rented appartments. 16% of residents rent versus the 16% 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 $52,050 and the average salary is $40,375. The median household income of individuals is $46,815.00 and the average is $61,090.00. This zip code has a mean commute time to work of 23.8 minutes. The unemployment rate is 4.6%. Income earners by percent breakdown as 53.00% (Under $50,000), 38.70% ($50,000-$100,000), and 8.30% earn over $100,000. 6.4% of residents live below poverty line versus the 9.0% in the state that are below this line. The cost of living index is 86.3. The educational breakdown is 95.1% have a high school education or higher, 24.0% have a bachelor's degree or higher, and 9.6% have some kind of profesional degree.
This area has 1,063 households and the average size is 2.0 people. Individuals who are single and have never been married are 22.2%, 56.9% are now married, 0.4% are separated, 10.9% are widowed, and 9.6% are divorced. The average yearly contribution amount given by people to charity was $3,037 versus the state average of $3,948. The percent of residents who gave to charity was 25.9%.
The estimated median value of houses and condos is $182,559. The median monthly owner costs of mortgage holders was $1,387, where as the costs for those who don't have a mortgage are $499. The median number of rooms in houses and condos are 5.7 versus apartments which had a median number of 3.7.
The real estate tax percent rate is 0.8% which equated to an average real estate tax amount payment of $1,481. 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 0.8% which amounted to an average tax amount of $1,496. Conversely, the median housing property tax percent for residents who don't have mortgages was 0.8% which amounted to an average tax amount of $1,471. Reported taxable interest for persons was $1,048, dividends $4,993, capital gains +$8,817, and itemized deductions $22,924. The average earned income tax credit is $1,825. The percent of individuals that use a tax preparer is 59.5%. The total average income taxes paid by individuals was $9,089. Businesses reported an average profit of $7,874.
The Landing
3096 Vermilion Dr, Cook, MN 55723
Perkins Restaurant & Bakery
8586 Rock Ridge Rd, Cook, MN 55723
The Crescent Bar and Grill
9257 E Olson Rd, Cook, MN 55723
Senior Dining
131 5th St SE, Cook, MN 55723
Montana Cafe
29 S River St, Cook, MN 55723
Cook-Out
126 S River St, Cook, MN 55723