Interested in purchasing investment houses in the 55744 zip code in Grand Rapids, MN?
The zip code 55744 is in both Itasca and Aitkin counties with a latitude of -93.511550000000 and longitude of 47.234850000000, is in the state of Minnesota. The average asking price of houses and condos is $216,882.00 and the average sale price was $137,085.00. this regions is classified as the Duluth - Superior metro area and is in the 218 area code. The location in degrees is 47° 14' 5.46" N, 93° 30' 41.58" W. The county F.I.P.S. is 27061. This zip code contains five cities including Grand Rapids, MN (8.60%), Coleraine, MN (3.20%), Cohasset, MN (1.23%), La Prairie, MN (0.59%), and Taconite, MN (0.45%) The total land area is 248.7 square miles and the water area is 35.3 square miles. The elevation in this area is 1253 - 1572 feet. The zip code is on central standard time and observes daylight savings time.
The zip 55744 is in county number 001 and is L. Sector 88, L. Segment 01, H. Sector 01, and H. Segment 01. The population was 20,666 in 2019 and 20,164 in 2010. Of this, the break down in 2019 was 8,898 urban and 11,767 rural. This further breaks down to 10,344 males (50.1%) and 10,321 females (49.9%). The median age of residents is 44.4 years. The population density (people per square mile) is 83. This zip code has a combined total of 10,131 houses and condos. There are 2,075 rented appartments. 23% of residents rent versus the 23% 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 $51,678 and the average salary is $41,075. The median household income of individuals is $48,302.00 and the average is $60,730.00. This zip code has a mean commute time to work of 19.5 minutes. The unemployment rate is 2.3%. Income earners by percent breakdown as 51.50% (Under $50,000), 36.00% ($50,000-$100,000), and 12.50% earn over $100,000. 10.9% of residents live below poverty line versus the 9.0% in the state that are below this line. The cost of living index is 87.0. The educational breakdown is 95.8% have a high school education or higher, 28.2% have a bachelor's degree or higher, and 9.5% have some kind of profesional degree.
This area has 8,380 households and the average size is 2.2 people. Individuals who are single and have never been married are 23.0%, 58.5% are now married, 0.5% are separated, 6.9% are widowed, and 11.1% are divorced. The average yearly contribution amount given by people to charity was $3,492 versus the state average of $3,948. The percent of residents who gave to charity was 23.9%.
The estimated median value of houses and condos is $192,179. The median monthly owner costs of mortgage holders was $1,286, where as the costs for those who don't have a mortgage are $453. The median number of rooms in houses and condos are 6.6 versus apartments which had a median number of 3.8.
The real estate tax percent rate is 0.9% which equated to an average real estate tax amount payment of $1,677. 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 $1,697. 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 $1,646. Reported taxable interest for persons was $1,541, dividends $3,848, capital gains +$17,022, and itemized deductions $20,615. The average earned income tax credit is $1,901. The percent of individuals that use a tax preparer is 62.0%. The total average income taxes paid by individuals was $7,656. Businesses reported an average profit of $10,046.
Sawmill Inn
2301 S Highway 169, Grand Rapids, MN 55744
Rick's Electric & Data, Inc.
314 SE 3rd Ave, Grand Rapids, MN 55744
Cedar Creek Grill Inc
34579 State Highway 38, Grand Rapids, MN 55744
Country Kitchen
325 S Pokegama Ave, Grand Rapids, MN 55744
Fuji Japanese Restaurant
208 NE 3rd St, Grand Rapids, MN 55744
Mike's Bar
209 SW 2nd St, Grand Rapids, MN 55744
Forest Lake Restaurant
1201 NW 4th St, Grand Rapids, MN 55744
Timberlake Lodge
144 SE 17th St, Grand Rapids, MN 55744
Boulder Tap House
1001 S Pokegama Ave Ste E, Grand Rapids, MN 55744
Wing Street
3150 S Highway 169, Grand Rapids, MN 55744
Pasties Plus
1405 NW 4th St, Grand Rapids, MN 55744
The Pickled Loon Saloon of Grand Rapids
20184 Us Highway 169, Grand Rapids, MN 55744
Mulligan's Restaurant & Pub
3910 Golf Course Rd, Grand Rapids, MN 55744
HomeTown Buffet
324 NE 4th St, Grand Rapids, MN 55744
King's Mongolian Grill
2056 S Pokegama Ave, Grand Rapids, MN 55744
Grand Buffet Chinese
201 NW 4th St Ste 111, Grand Rapids, MN 55744
New China Restaurant
214 NW 1st Ave, Grand Rapids, MN 55744
Lmno P-Za
34810 Us Highway 2, Grand Rapids, MN 55744
Zorbaz
32946 Crystal Springs Rd, Grand Rapids, MN 55744
Seventeenth Street Grill
144 SE 17th St, Grand Rapids, MN 55744
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