Interested in purchasing investment houses in the 55901 zip code in Rochester, MN?
The zip code 55901 is in Olmsted county with a latitude of -92.506880000000 and longitude of 44.069770000000, is in the state of Minnesota. The average asking price of houses and condos is $132,064.00 and the average sale price was $126,667.00. this regions is classified as the Rochester - Mason City - Austin metro area and is in the 507 area code. The location in degrees is 44° 4' 11.172" N, 92° 30' 24.768" W. The county F.I.P.S. is 27109. The total land area is 29.9 square miles and the water area is 0.0 square miles. The elevation in this area is 1004 - 1099 feet. The zip code is on central standard time and observes daylight savings time.
The zip 55901 is in county number 123 and is L. Sector 41, L. Segment 10, H. Sector 10, and H. Segment 10. The population was 55,966 in 2019 and 51,917 in 2010. Of this, the break down in 2019 was 53,281 urban and 2,684 rural. This further breaks down to 26,971 males (48.2%) and 28,996 females (51.8%). The median age of residents is 35.3 years. The population of the greater Rochester, MN area is 187,758. The population density (people per square mile) is 1,873. This zip code has a combined total of 24,283 houses and condos. There are 7,719 rented appartments. 33% of residents rent versus the 33% 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 $60,475 and the average salary is $55,063. The median household income of individuals is $70,329.00 and the average is $69,980.00. This zip code has a mean commute time to work of 16.9 minutes. The unemployment rate is 2.6%. Income earners by percent breakdown as 33.40% (Under $50,000), 36.90% ($50,000-$100,000), and 29.70% earn over $100,000. 8.4% of residents live below poverty line versus the 9.0% in the state that are below this line. The cost of living index is 104.4. The educational breakdown is 95.3% have a high school education or higher, 49.1% have a bachelor's degree or higher, and 21.2% have some kind of profesional degree.
This area has 20,803 households and the average size is 2.4 people. Individuals who are single and have never been married are 32.0%, 52.9% are now married, 0.8% are separated, 5.6% are widowed, and 8.7% are divorced. The average yearly contribution amount given by people to charity was $3,525 versus the state average of $3,948. The percent of residents who gave to charity was 33.3%.
The estimated median value of houses and condos is $218,164. The median monthly owner costs of mortgage holders was $1,465, where as the costs for those who don't have a mortgage are $502. The median number of rooms in houses and condos are 7.2 versus apartments which had a median number of 3.8.
The real estate tax percent rate is 1.1% which equated to an average real estate tax amount payment of $2,419. 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 $2,471. Conversely, the median housing property tax percent for residents who don't have mortgages was 1.1% which amounted to an average tax amount of $2,318. Reported taxable interest for persons was $906, dividends $3,669, capital gains +$5,248, and itemized deductions $19,917. The average earned income tax credit is $2,093. The percent of individuals that use a tax preparer is 49.7%. The total average income taxes paid by individuals was $8,174. Businesses reported an average profit of $11,788.
Ootori Sushi
2665 Commerce Dr NW Ste 100, Rochester, MN 55901
Zen Fusion Hibachi & Lounge
2043 Superior Dr NW, Rochester, MN 55901
Ichi Tokyo
3499 22nd Ave NW, Rochester, MN 55901
John Hardy's Bar-B-Q
929 Highway 52 N, Rochester, MN 55901
Smoak Bbq
2291 Commerce Dr NW, Rochester, MN 55901
Texas Roadhouse
3350 55th St NW, Rochester, MN 55901
Crooked Pint Ale House
2723 Commerce Dr NW, Rochester, MN 55901
Crumbl Cookies - Rochester
2665 Commerce Dr NW Ste 200, Rochester, MN 55901
Redwood Room
300 1st Ave NW, Rochester, MN 55901
Blue Plate Diner
120 Elton Hills Dr NW, Rochester, MN 55901
Wahlburgers @ Hy-Vee
4221 West Circle Drive Northwest, Rochester, MN 55901
Cafe Relish
3100 19th St NW, Rochester, MN 55901
Tap House West
2365 Commerce Dr NW, Rochester, MN 55901
Old Abe Coffee Co.
832 7th St NW, Rochester, MN 55901
Dq
4140 E Frontage Rd, Rochester, MN 55901
Papaya Bay Restaurant
2711 Commerce Dr NW Ste 200, Rochester, MN 55901
Leeann Chin
3809 Marketplace Dr NW, Rochester, MN 55901
Buffalo Wild Wings
3458 55th St NW, Rochester, MN 55901
China Star
2808 41st St NW, Rochester, MN 55901
Cantonese Wong's Cafxc3xa9
4180 18th Ave NW, Rochester, MN 55901
Melissa's On 2nd
723 2nd St SW, Rochester, MN 55902 (3.2 miles away)
Pescara
150 S Broadway, Rochester, MN 55903 (4.5 miles away)
Outback Steakhouse
1201 Broadway Ave S, Rochester, MN 55904 (5.3 miles away)
San Pasqual's Of Rochester
2810 Broadway Ave N, Rochester, MN 55906 (5.8 miles away)
Tilly's American Trevelers RV Park
1175 Lake Shady Ave S, Oronoco, MN 55960 (6.9 miles away)
Somerby Chophouse Restaurant
975 Somerby Pkwy NE, Byron, MN 55920 (7.1 miles away)