Interested in purchasing investment houses in the 55790 zip code in Tower, MN?
The zip code 55790 is in Saint Louis county with a latitude of -92.284510000000 and longitude of 47.934720000000, is in the state of Minnesota. The average asking price of houses and condos is $306,697.00 and the average sale price was $197,238.00. this regions is classified as the Duluth - Superior metro area and is in the 218 area code. The location in degrees is 47° 56' 4.992" N, 92° 17' 4.236" W. The county F.I.P.S. is 27137. The total land area is 332.5 square miles and the water area is 69.1 square miles. The elevation in this area is 1368 - 1519 feet. The zip code is on central standard time and observes daylight savings time.
The zip 55790 is in county number 137 and is L. Sector 02, L. Segment 91, H. Sector 80, and H. Segment 80. The population was 1,976 in 2019 and 1,866 in 2010. This further breaks down to 980 males (49.6%) and 995 females (50.4%). The median age of residents is 55.5 years. The population of the greater Duluth, MN-WI area is 275,286. The population density (people per square mile) is 6. This zip code has a combined total of 2,659 houses and condos. There are 203 rented appartments. 22% of residents rent versus the 22% of residents in the state who rent.
The financial status of those living in this area is considered middle class. The average individual gross adjusted income is $53,950 and the average salary is $41,450. The median household income of individuals is $52,098.00 and the average is $67,810.00. This zip code has a mean commute time to work of 21.4 minutes. The unemployment rate is 3.2%. Income earners by percent breakdown as 47.80% (Under $50,000), 38.50% ($50,000-$100,000), and 13.70% earn over $100,000. 11.5% of residents live below poverty line versus the 9.0% in the state that are below this line. The cost of living index is 89.0. The educational breakdown is 96.3% have a high school education or higher, 28.1% have a bachelor's degree or higher, and 10.7% have some kind of profesional degree.
This area has 892 households and the average size is 2.1 people. Individuals who are single and have never been married are 21.8%, 62.7% are now married, 1.0% are separated, 6.2% are widowed, and 8.4% are divorced. The average yearly contribution amount given by people to charity was $2,709 versus the state average of $3,948. The percent of residents who gave to charity was 32.7%.
The estimated median value of houses and condos is $273,341. The median monthly owner costs of mortgage holders was $1,398, where as the costs for those who don't have a mortgage are $528. The median number of rooms in houses and condos are 5.7 versus apartments which had a median number of 4.0.
The real estate tax percent rate is 0.9% which equated to an average real estate tax amount payment of $2,588. 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 $2,402. Conversely, the median housing property tax percent for residents who don't have mortgages was 1.0% which amounted to an average tax amount of $2,707. Reported taxable interest for persons was $1,724, dividends $3,681, capital gains +$8,316, and itemized deductions $23,534. The average earned income tax credit is $1,938. The percent of individuals that use a tax preparer is 60.4%. The total average income taxes paid by individuals was $9,113. Businesses reported an average profit of $6,006.
Sunset Steakhouse
1430 Bois Forte Rd Fortune Bay Resort Casino, Tower, MN 55790
Black Bear Diner
6699 Highway 169, Tower, MN 55790
The Tamarack
1430 Bois Forte Rd, Tower, MN 55790
Vermilion Club
3191 County Road 77, Tower, MN 55790
Wayside Cafe
3114 Old Highway 77, Tower, MN 55790
The Good Ol' Days Bar & Grill
316 Main St, Tower, MN 55790
Benchwarmer Grille
701 Highway 169, Tower, MN 55790
Sulu's Espresso Cafe
509 Main St, Tower, MN 55790
D'erick's Tower Liquors
602 Highway 169, Tower, MN 55790
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