Interested in purchasing investment houses in the 55963 zip code in Pine Island, MN?
The zip code 55963 is in both Goodhue and Olmsted counties with a latitude of -92.662500000000 and longitude of 44.189800000000, is in the state of Minnesota. The average asking price of houses and condos is $239,645.00 and the average sale price was $122,769.00. this regions is classified as the Minneapolis - Saint Paul metro area and is in the 507 area code. The location in degrees is 44° 11' 23.28" N, 92° 39' 45" W. The county F.I.P.S. is 27039. This zip code contains two cities including Pine Island, MN (6.89%), and Oronoco, MN (0.00%) The total land area is 78.1 square miles and the water area is 0.1 square miles. The elevation in this area is 1037 - 1230 feet. The zip code is on central standard time and observes daylight savings time.
The zip 55963 is in county number 039 and is L. Sector 92, L. Segment 01, H. Sector 01, and H. Segment 01. The population was 5,527 in 2019 and 4,988 in 2010. This further breaks down to 2,746 males (49.7%) and 2,780 females (50.3%). The median age of residents is 38.7 years. The population of the greater Red Wing, MN area is 46,429. The population density (people per square mile) is 71. This zip code has a combined total of 2,252 houses and condos. There are 470 rented appartments. 22% of residents rent versus the 22% 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 $64,574 and the average salary is $56,485. The median household income of individuals is $61,659.00 and the average is $72,550.00. This zip code has a mean commute time to work of 25.8 minutes. The unemployment rate is 3.2%. Income earners by percent breakdown as 39.60% (Under $50,000), 40.20% ($50,000-$100,000), and 20.20% earn over $100,000. 6.1% of residents live below poverty line versus the 9.0% in the state that are below this line. The cost of living index is 77.8. The educational breakdown is 95.3% have a high school education or higher, 37.3% have a bachelor's degree or higher, and 10.5% have some kind of profesional degree.
This area has 1,943 households and the average size is 2.5 people. Individuals who are single and have never been married are 23.6%, 56.6% are now married, 0.1% are separated, 5.9% are widowed, and 13.8% are divorced. The average yearly contribution amount given by people to charity was $2,863 versus the state average of $3,948. The percent of residents who gave to charity was 35.9%.
The estimated median value of houses and condos is $261,399. The median monthly owner costs of mortgage holders was $1,668, where as the costs for those who don't have a mortgage are $593. The median number of rooms in houses and condos are 7.8 versus apartments which had a median number of 4.4.
The real estate tax percent rate is 1.1% which equated to an average real estate tax amount payment of $2,918. 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 $2,924. 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 $2,922. Reported taxable interest for persons was $854, dividends $2,072, capital gains +$7,962, and itemized deductions $20,699. The average earned income tax credit is $2,050. The percent of individuals that use a tax preparer is 58.8%. The total average income taxes paid by individuals was $8,350. Businesses reported an average profit of $10,114.
The Island Sports Bar & Grill
416 3rd Ave NE, Pine Island, MN 55963
Let's Go Tacos
212 S Main St, Pine Island, MN 55963
Rainbow Cafe & Catering
212 S Main St, Pine Island, MN 55963
Rainbow Cafe & Catering
Pine Island, MN 55963
Shawna's Cafe & Catering
200 S Main St, Pine Island, MN 55963
Better Brew Coffeehouse
301 N Main St, Pine Island, MN 55963
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