Interested in purchasing investment houses in the 55741 zip code in Gilbert, MN?
The zip code 55741 is in Saint Louis county with a latitude of -92.397940000000 and longitude of 47.463300000000, is in the state of Minnesota. The average asking price of houses and condos is $141,917.00 and the average sale price was $91,895.00. this regions is classified as the Duluth - Superior metro area and is in the 218 area code. The location in degrees is 47° 27' 47.88" N, 92° 23' 52.584" W. The county F.I.P.S. is 27137. This zip code contains three cities including Gilbert, MN (12.92%), McKinley, MN (2.33%), and Biwabik, MN (0.25%) The total land area is 65.5 square miles and the water area is 3.3 square miles. The elevation in this area is 1355 - 1604 feet. The zip code is on central standard time and observes daylight savings time.
The zip 55741 is in county number 137 and is L. Sector 00, L. Segment 01, H. Sector 20, and H. Segment 20. The population was 3,680 in 2019 and 3,164 in 2010. This further breaks down to 1,884 males (51.2%) and 1,795 females (48.8%). The median age of residents is 51.6 years. The population of the greater Duluth, MN-WI area is 275,286. The population density (people per square mile) is 56. This zip code has a combined total of 1,955 houses and condos. There are 174 rented appartments. 11% of residents rent versus the 11% 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 $51,634 and the average salary is $47,689. The median household income of individuals is $45,174.00 and the average is $61,970.00. This zip code has a mean commute time to work of 23.2 minutes. The unemployment rate is 2.9%. Income earners by percent breakdown as 56.10% (Under $50,000), 35.80% ($50,000-$100,000), and 8.00% earn over $100,000. 9.0% of residents live below poverty line versus the 9.0% in the state that are below this line. The cost of living index is 85.8. The educational breakdown is 95.8% have a high school education or higher, 18.4% have a bachelor's degree or higher, and 2.9% have some kind of profesional degree.
This area has 1,443 households and the average size is 2.2 people. Individuals who are single and have never been married are 23.2%, 58.2% are now married, 0.2% are separated, 6.5% are widowed, and 11.9% are divorced. The average yearly contribution amount given by people to charity was $2,191 versus the state average of $3,948. The percent of residents who gave to charity was 21.2%.
The estimated median value of houses and condos is $135,233. The median monthly owner costs of mortgage holders was $1,097, where as the costs for those who don't have a mortgage are $426. The median number of rooms in houses and condos are 6.1 versus apartments which had a median number of 3.9.
The real estate tax percent rate is 0.9% which equated to an average real estate tax amount payment of $1,170. 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 $1,298. 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 $1,031. Reported taxable interest for persons was $1,627, dividends $2,406, capital gains +$2,095, and itemized deductions $17,659. The average earned income tax credit is $2,080. The percent of individuals that use a tax preparer is 54.5%. The total average income taxes paid by individuals was $7,193. Businesses reported an average profit of $5,621.
Wandering Pines Eatery and Pub
501 N Broadway Ave, Gilbert, MN 55741
The Alibi
115 N Broadway Ave, Gilbert, MN 55741
Mudders Place
102 N Broadway Ave, Gilbert, MN 55741
Nick's Bar
316 N Broadway Ave, Gilbert, MN 55741
The Whistling Bird
101 N Broadway Ave, Gilbert, MN 55741
Memory Lane
223 N Broadway Ave, Gilbert, MN 55741
When my husband passed away suddenly, I was left with a home I had to sell fast. The experts from We Buy Homes dealt with me professionally, fairly, and honestly. I didn’t have to list my house and I didn’t have to deal with strangers walking through my home. And I didn’t have to pay a realtor! They handled everything and that provided the peace of mind I needed during such a difficult time. I highly recommend them!
