Interested in purchasing investment houses in the 55736 zip code in Floodwood, MN?
The zip code 55736 is in Saint Louis county with a latitude of -92.937930000000 and longitude of 46.963630000000, is in the state of Minnesota. The average asking price of houses and condos is $143,619.00 and the average sale price was $71,625.00. this regions is classified as the Duluth - Superior metro area and is in the 218 area code. The location in degrees is 46° 57' 49.068" N, 92° 56' 16.548" W. The county F.I.P.S. is 27137. The total land area is 308.2 square miles and the water area is 2.9 square miles. The elevation in this area is 1253 - 1398 feet. The zip code is on central standard time and observes daylight savings time.
The zip 55736 is in county number 061 and is L. Sector 96, L. Segment 01, H. Sector 01, and H. Segment 01. The population was 1,361 in 2019 and 1,550 in 2010. This further breaks down to 694 males (51.0%) and 667 females (49.0%). The median age of residents is 52.5 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 1,085 houses and condos. There are 103 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 $41,421 and the average salary is $34,550. The median household income of individuals is $35,993.00 and the average is $47,140.00. This zip code has a mean commute time to work of 35.3 minutes. The unemployment rate is 8.0%. Income earners by percent breakdown as 66.80% (Under $50,000), 26.10% ($50,000-$100,000), and 7.10% earn over $100,000. 7.7% 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 92.3% have a high school education or higher, 12.4% have a bachelor's degree or higher, and 3.9% have some kind of profesional degree.
This area has 682 households and the average size is 2.1 people. Individuals who are single and have never been married are 21.4%, 55.7% are now married, 1.5% are separated, 7.8% are widowed, and 13.7% are divorced. The average yearly contribution amount given by people to charity was $2,442 versus the state average of $3,948. The percent of residents who gave to charity was 17.6%.
The estimated median value of houses and condos is $137,997. The median monthly owner costs of mortgage holders was $1,164, where as the costs for those who don't have a mortgage are $375. The median number of rooms in houses and condos are 5.5 versus apartments which had a median number of 3.4.
The real estate tax percent rate is 0.7% which equated to an average real estate tax amount payment of $964. 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 0.7% which amounted to an average tax amount of $980. 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 $942. Reported taxable interest for persons was $661, dividends $1,045, capital gains +$3,400, and itemized deductions $18,605. The average earned income tax credit is $2,138. The percent of individuals that use a tax preparer is 60.3%. The total average income taxes paid by individuals was $4,750. Businesses reported an average profit of $5,125.
Mainline Station
122 7th Ave W, Floodwood, MN 55736
Savanna Portage Inc
102 E 2nd Ave, Floodwood, MN 55736
Rich Cuisine
Floodwood, MN 55736
Burger House
116 E Highway 2, Floodwood, MN 55736
Subway
308 W 9th Ave, Floodwood, MN 55736
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