Interested in purchasing investment houses in the 55920 zip code in Byron, MN?
The zip code 55920 is in Olmsted county with a latitude of -92.622050000000 and longitude of 44.013840000000, is in the state of Minnesota. The average asking price of houses and condos is $112,100.00 and the average sale price was $110,714.00. 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° 0' 49.824" N, 92° 37' 19.38" W. The county F.I.P.S. is 27109. This zip code contains two cities including Byron, MN (4.14%), and Rochester, MN (0.00%) The total land area is 70.1 square miles and the water area is 0.0 square miles. The elevation in this area is 1116 - 1221 feet. The zip code is on central standard time and observes daylight savings time.
The zip 55920 is in county number 039 and is L. Sector 94, L. Segment 01, H. Sector 01, and H. Segment 01. The population was 7,925 in 2019 and 7,026 in 2010. Of this, the break down in 2019 was 4,921 urban and 3,003 rural. This further breaks down to 3,923 males (49.5%) and 4,002 females (50.5%). The median age of residents is 38.4 years. The population of the greater Rochester, MN area is 187,758. The population density (people per square mile) is 113. This zip code has a combined total of 3,132 houses and condos. There are 338 rented appartments. 11% of residents rent versus the 11% 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 $69,444 and the average salary is $62,263. The median household income of individuals is $72,241.00 and the average is $87,840.00. This zip code has a mean commute time to work of 20.8 minutes. The unemployment rate is 1.1%. Income earners by percent breakdown as 30.10% (Under $50,000), 45.20% ($50,000-$100,000), and 24.70% earn over $100,000. 1.4% of residents live below poverty line versus the 9.0% in the state that are below this line. The cost of living index is 104.0. The educational breakdown is 97.8% have a high school education or higher, 44.0% have a bachelor's degree or higher, and 15.0% have some kind of profesional degree.
This area has 2,614 households and the average size is 2.6 people. Individuals who are single and have never been married are 24.4%, 64.1% are now married, 0.4% are separated, 2.7% are widowed, and 8.5% are divorced. The average yearly contribution amount given by people to charity was $2,682 versus the state average of $3,948. The percent of residents who gave to charity was 40.3%.
The estimated median value of houses and condos is $266,706. The median monthly owner costs of mortgage holders was $1,668, where as the costs for those who don't have a mortgage are $610. The median number of rooms in houses and condos are 7.6 versus apartments which had a median number of 5.1.
The real estate tax percent rate is 1.2% which equated to an average real estate tax amount payment of $3,274. 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 1.3% which amounted to an average tax amount of $3,319. 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 $3,181. Reported taxable interest for persons was $898, dividends $2,605, capital gains +$6,682, and itemized deductions $21,530. The average earned income tax credit is $1,747. The percent of individuals that use a tax preparer is 58.0%. The total average income taxes paid by individuals was $9,516. Businesses reported an average profit of $15,165.
Somerby Chophouse Restaurant
975 Somerby Pkwy NE, Byron, MN 55920
Sandbaggers
501 Frontage Rd NE, Byron, MN 55920
TT's Tilted Tavern
403 Frontage Rd NE, Byron, MN 55920
Frank-N-Stein
9328 Valleyhigh Rd NW, Byron, MN 55920
Dq
407 Frontage Rd NE, Byron, MN 55920
Margarito's
403 Frontage Rd NE, Byron, MN 55920
3-D's Sports Bar
11 Frontage Rd NW, Byron, MN 55920
Bears Den Sports Bar & Eaterey
845 High Point Dr NE, Byron, MN 55920
Happy China
1067 4th St NE Ste 450, Byron, MN 55920
Bob's Smoke Stack
518 2nd St NW, Byron, MN 55920
Bears Den Sports Bar & Eatery
403 Frontage Rd NE, Byron, MN 55920
China King
1067 4th St NE, Byron, MN 55920
Otto's Bakery & Coffee Shop
513 Frontage Rd NW, Byron, MN 55920
Frank-N-Stein's
15 Frontage Rd NW, Byron, MN 55920
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