Interested in purchasing investment houses in the 55763 zip code in Makinen, MN?
The zip code 55763 is in Saint Louis county with a latitude of -92.149270000000 and longitude of 47.326210000000, is in the state of Minnesota. The average asking price of houses and condos is $204,900.00 and the average sale price was $105,083.00. this regions is classified as the Duluth - Superior metro area and is in the 218 area code. The location in degrees is 47° 19' 34.356" N, 92° 8' 57.372" W. The county F.I.P.S. is 27137. The total land area is 175.1 square miles and the water area is 9.6 square miles. The elevation in this area is 1352 - 1601 feet. The zip code is on central standard time and observes daylight savings time.
The zip 55763 is in county number 137 and is L. Sector 03, L. Segment 61, H. Sector 18, and H. Segment 18. The population was 518 in 2019 and 554 in 2010. This further breaks down to 281 males (54.4%) and 236 females (45.6%). The median age of residents is 58.3 years. The population of the greater Duluth, MN-WI area is 275,286. The population density (people per square mile) is 3. This zip code has a combined total of 829 houses and condos. There are 20 rented appartments. 8% of residents rent versus the 8% 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 $50,600 and the average salary is $45,024. The median household income of individuals is $44,826.00 and the average is $59,200.00. This zip code has a mean commute time to work of 39.1 minutes. The unemployment rate is 6.9%. Income earners by percent breakdown as 54.80% (Under $50,000), 38.90% ($50,000-$100,000), and 6.40% earn over $100,000. 10.6% of residents live below poverty line versus the 9.0% in the state that are below this line. The cost of living index is 84.6. The educational breakdown is 92.0% have a high school education or higher, 12.5% have a bachelor's degree or higher, and 5.4% have some kind of profesional degree.
This area has 259 households and the average size is 1.9 people. Individuals who are single and have never been married are 17.6%, 64.0% are now married, 0.0% are separated, 6.5% are widowed, and 11.9% are divorced. The average yearly contribution amount given by people to charity was $1,186 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 $155,136. The median monthly owner costs of mortgage holders was $1,211, where as the costs for those who don't have a mortgage are $378. The median number of rooms in houses and condos are 5.2 versus apartments which had a median number of 5.1.
The real estate tax percent rate is 0.8% which equated to an average real estate tax amount payment of $1,206. 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 $1,293. 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 $1,144. Reported taxable interest for persons was $291, dividends $580, capital gains +$75, and itemized deductions $18,188. The average earned income tax credit is $1,500. The percent of individuals that use a tax preparer is 57.1%. The total average income taxes paid by individuals was $7,100. Businesses reported an average profit of $3,150.
Wandering Pines Eatery and Pub
501 N Broadway Ave, Gilbert, MN 55741 (10.5 miles away)
Boomtown Woodfire Eveleth
501 Hat Trick Ave, Eveleth, MN 55734 (11.4 miles away)
Big Guy's Bar
304 Main St N, Aurora, MN 55705 (11.7 miles away)
R Bar
111 Main St N, Biwabik, MN 55708 (13.2 miles away)
King's Wok
8942 Highway 7, Kelsey, MN 55724 (13.8 miles away)
Novys Haven
217 Kennedy Memorial Dr, Hoyt Lakes, MN 55750 (15.3 miles away)
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!
