Interested in purchasing investment houses in the 55806 zip code in Duluth, MN?
The zip code 55806 is in Saint Louis county with a latitude of -92.128430000000 and longitude of 46.768120000000, is in the state of Minnesota. The average asking price of houses and condos is $159,921.00 and the average sale price was $83,975.00. this regions is classified as the Duluth - Superior metro area and is in the 218 area code. The location in degrees is 46° 46' 5.232" N, 92° 7' 42.348" W. The county F.I.P.S. is 27137. The total land area is 3.4 square miles and the water area is 0.6 square miles. The elevation in this area is 909 - 997 feet. The zip code is on central standard time and observes daylight savings time.
The zip 55806 is in county number 137 and is L. Sector , L. Segment , H. Sector , and H. Segment . The population was 8,851 in 2019 and 9,576 in 2010. This further breaks down to 4,591 males (51.9%) and 4,260 females (48.1%). The median age of residents is 31.8 years. The population of the greater Duluth, MN-WI area is 275,286. The population density (people per square mile) is 2,641. This zip code has a combined total of 4,730 houses and condos. There are 2,487 rented appartments. 58% of residents rent versus the 58% 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 $34,540 and the average salary is $30,043. The median household income of individuals is $30,795.00 and the average is $39,710.00. This zip code has a mean commute time to work of 15.5 minutes. The unemployment rate is 5.5%. Income earners by percent breakdown as 71.50% (Under $50,000), 23.50% ($50,000-$100,000), and 4.90% earn over $100,000. 22.7% of residents live below poverty line versus the 9.0% in the state that are below this line. The cost of living index is 96.7. The educational breakdown is 91.5% have a high school education or higher, 27.4% have a bachelor's degree or higher, and 7.8% have some kind of profesional degree.
This area has 4,390 households and the average size is 2.0 people. Individuals who are single and have never been married are 51.4%, 28.8% are now married, 1.3% are separated, 3.8% are widowed, and 14.7% are divorced. The average yearly contribution amount given by people to charity was $3,236 versus the state average of $3,948. The percent of residents who gave to charity was 11.2%.
The estimated median value of houses and condos is $128,488. The median monthly owner costs of mortgage holders was $1,085, where as the costs for those who don't have a mortgage are $396. The median number of rooms in houses and condos are 6.0 versus apartments which had a median number of 4.2.
The real estate tax percent rate is 1.1% which equated to an average real estate tax amount payment of $1,388. 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 1.1% which amounted to an average tax amount of $1,384. 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 $1,405. Reported taxable interest for persons was $1,139, dividends $2,423, capital gains +$3,197, and itemized deductions $18,308. The average earned income tax credit is $2,072. The percent of individuals that use a tax preparer is 37.6%. The total average income taxes paid by individuals was $7,903. Businesses reported an average profit of $7,888.
Duluth Grill
118 S 27th Ave W, Duluth, MN 55806
Clyde Iron Works
2920 W Michigan St, Duluth, MN 55806
Camp Creemee
2515 W Superior St, Duluth, MN 55806
Boat Club Restaurant
600 E Superior St, Duluth, MN 55802 (2 miles away)
Uncle Louis Cafe
520 E 4th St, Duluth, MN 55805 (2.5 miles away)
Tappa Keg Inn
7036 Grand Ave, Duluth, MN 55807 (2.9 miles away)
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