Interested in purchasing investment houses in the 55904 zip code in Rochester, MN?
The zip code 55904 is in Olmsted county with a latitude of -92.400630000000 and longitude of 43.959950000000, is in the state of Minnesota. The average asking price of houses and condos is $131,760.00 and the average sale price was $121,025.00. this regions is classified as the Rochester - Mason City - Austin metro area and is in the 507 area code. The location in degrees is 43° 57' 35.82" N, 92° 24' 2.268" W. The county F.I.P.S. is 27109. The total land area is 62.2 square miles and the water area is 0.0 square miles. The elevation in this area is 1070 - 1283 feet. The zip code is on central standard time and observes daylight savings time.
The zip 55904 is in county number 157 and is L. Sector 93, L. Segment 01, H. Sector 01, and H. Segment 01. The population was 27,806 in 2019 and 26,332 in 2010. Of this, the break down in 2019 was 23,640 urban and 4,165 rural. This further breaks down to 13,684 males (49.2%) and 14,121 females (50.8%). The median age of residents is 36.6 years. The population of the greater Rochester, MN area is 187,758. The population density (people per square mile) is 447. This zip code has a combined total of 11,618 houses and condos. There are 3,333 rented appartments. 31% of residents rent versus the 31% 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 $46,519 and the average salary is $42,103. The median household income of individuals is $57,571.00 and the average is $56,290.00. This zip code has a mean commute time to work of 18.6 minutes. The unemployment rate is 3.7%. Income earners by percent breakdown as 42.20% (Under $50,000), 42.50% ($50,000-$100,000), and 15.30% earn over $100,000. 13.2% of residents live below poverty line versus the 9.0% in the state that are below this line. The cost of living index is 103.8. The educational breakdown is 91.5% have a high school education or higher, 30.4% have a bachelor's degree or higher, and 12.6% have some kind of profesional degree.
This area has 10,038 households and the average size is 2.5 people. Individuals who are single and have never been married are 33.6%, 48.9% are now married, 1.3% are separated, 4.6% are widowed, and 11.5% are divorced. The average yearly contribution amount given by people to charity was $2,659 versus the state average of $3,948. The percent of residents who gave to charity was 23.8%.
The estimated median value of houses and condos is $185,323. The median monthly owner costs of mortgage holders was $1,358, where as the costs for those who don't have a mortgage are $514. The median number of rooms in houses and condos are 6.8 versus apartments which had a median number of 3.9.
The real estate tax percent rate is 1.0% which equated to an average real estate tax amount payment of $1,863. 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 1.0% which amounted to an average tax amount of $1,899. 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 $1,791. Reported taxable interest for persons was $797, dividends $2,210, capital gains +$5,539, and itemized deductions $17,171. The average earned income tax credit is $2,165. The percent of individuals that use a tax preparer is 53.3%. The total average income taxes paid by individuals was $6,802. Businesses reported an average profit of $10,437.
Outback Steakhouse
1201 Broadway Ave S, Rochester, MN 55904
Terza Ristorante
30 30th St SE, Rochester, MN 55904
Terza Ristorante
30 3rd St SE, Rochester, MN 55904
Shar's Country Palace
3925 Marion Rd SE, Rochester, MN 55904
Jabbers
2650 Broadway Ave S Ste 600, Rochester, MN 55904
Chester's Kitchen & Bar
111 Broadway Ave S Ste 108, Rochester, MN 55904
Benedict's
10 E Center St, Rochester, MN 55904
Rooster's Too!
4576 Maine Ave SE Ste 401, Rochester, MN 55904
Fat Willy's
4325 Maine Ave SE, Rochester, MN 55904
Whiskey Creek
1705 S Broadway, Rochester, MN 55904
Noodles & Company
4607 Maine Ave SE, Rochester, MN 55904
India Curry House
1647 S Broadway, Rochester, MN 55904
New China
2630 Broadway Ave S Ste 450, Rochester, MN 55904
New China
2630 Broadway Ave S, Rochester, MN 55904
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