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Investors
Interested in purchasing investment houses in the 55906 zip code in Rochester, MN?
Detailed Demographic Statistics
The zip code 55906, is in the state of Minnesota. The total land area is 63.8 square miles and the water area is 0.7 square miles.
The zip 55906 is in county number and is L. Sector , L. Segment , H. Sector , and H. Segment . The population was 19,267 in 2019 and 17,598 in 2010. Of this, the break down in 2019 was 16,636 urban and 2,630 rural. This further breaks down to 9,843 males (51.1%) and 9,424 females (48.9%). The median age of residents is 41.7 years. The population density (people per square mile) is 302. This zip code has a combined total of 8,263 houses and condos. There are 1,479 rented appartments. 19% of residents rent versus the 19% of residents in the state who rent.
The average individual gross adjusted income is $77,542 and the average salary is $68,376. The estimated median household income of individuals is around $95,125. This zip code has a mean commute time to work of 16.8 minutes. The unemployment rate is 2.6%. 6.6% of residents live below poverty line versus the 9.0% in the state that are below this line. The cost of living index is 103.7. The educational breakdown is 98.1% have a high school education or higher, 53.9% have a bachelor's degree or higher, and 23.6% have some kind of profesional degree.
The average size of households is 2.5 people. Individuals who are single and have never been married are 28.0%, 59.1% are now married, 1.2% are separated, 4.0% are widowed, and 7.8% are divorced. The average yearly contribution amount given by people to charity was $4,649 versus the state average of $3,948. The percent of residents who gave to charity was 38.6%.
The estimated median value of houses and condos is $287,384. The median monthly owner costs of mortgage holders was $1,704, where as the costs for those who don't have a mortgage are $573. The median number of rooms in houses and condos are 8.2 versus apartments which had a median number of 3.5.
The real estate tax percent rate is 1.1% which equated to an average real estate tax amount payment of $3,029. 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 $3,308. 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 $2,734. Reported taxable interest for persons was $1,078, dividends $4,856, capital gains +$8,338, and itemized deductions $24,248. The average earned income tax credit is $1,810. The percent of individuals that use a tax preparer is 51.6%. The total average income taxes paid by individuals was $11,342. Businesses reported an average profit of $13,780.Local Restaurants
San Pasqual's Of Rochester
2810 Broadway Ave N, Rochester, MN 55906
Jenpachi Japanese Steak House
3160 Wellner Dr NE Ste 500, Rochester, MN 55906
Grandma's Kitchen
1514 Broadway Ave N, Rochester, MN 55906
Purple Goat
3708 Broadway Ave N Ste 160, Rochester, MN 55906
Hollandberry Pannekoeken
214 Broadway Ave N, Rochester, MN 55906
Cameo
121 Broadway Ave N, Rochester, MN 55906
Fiesta Cafe & Bar
1645 Broadway Ave N, Rochester, MN 55906
Great Wall
1516 Broadway Ave N, Rochester, MN 55906
China Star
2841 Century Hills Ln NE, Rochester, MN 55906
Hasley Jim & Connie
12510 Oak Lodge Ln NE, Rochester, MN 55906
Great Wall
3110 Wellner DR NE, Rochester, MN 55906