Interested in purchasing investment houses in the 55967 zip code in Racine, MN?
The zip code 55967 is in Mower county with a latitude of -92.513410000000 and longitude of 43.795170000000, is in the state of Minnesota. The average asking price of houses and condos is $158,222.00 and the average sale price was $133,404.00. 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° 47' 42.612" N, 92° 30' 48.276" W. The county F.I.P.S. is 27099. The total land area is 37.6 square miles and the water area is 0.0 square miles. The elevation in this area is 1270 - 1398 feet. The zip code is on central standard time and observes daylight savings time.
The zip 55967 is in county number 045 and is L. Sector 95, L. Segment 02, H. Sector 02, and H. Segment 02. The population was 1,140 in 2019 and 938 in 2010. This further breaks down to 603 males (52.9%) and 536 females (47.1%). The median age of residents is 39.0 years. The population of the greater Austin, MN area is 37,754. The population density (people per square mile) is 30. This zip code has a combined total of 398 houses and condos. There are 25 rented appartments. 7% of residents rent versus the 7% 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 $65,265 and the average salary is $53,165. The median household income of individuals is $60,762.00 and the average is $67,780.00. This zip code has a mean commute time to work of 26.4 minutes. The unemployment rate is 1.6%. Income earners by percent breakdown as 39.40% (Under $50,000), 43.90% ($50,000-$100,000), and 16.70% earn over $100,000. 6.5% of residents live below poverty line versus the 9.0% in the state that are below this line. The cost of living index is 87.3. The educational breakdown is 93.4% have a high school education or higher, 21.7% have a bachelor's degree or higher, and 5.0% have some kind of profesional degree.
This area has 342 households and the average size is 3.0 people. Individuals who are single and have never been married are 24.1%, 62.0% are now married, 0.0% are separated, 4.6% are widowed, and 9.4% are divorced. The average yearly contribution amount given by people to charity was $2,040 versus the state average of $3,948. The percent of residents who gave to charity was 34.9%.
The estimated median value of houses and condos is $233,534. The median monthly owner costs of mortgage holders was $1,600, where as the costs for those who don't have a mortgage are $537. The median number of rooms in houses and condos are 7.8 versus apartments which had a median number of 6.0.
The real estate tax percent rate is 0.9% which equated to an average real estate tax amount payment of $2,123. 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 0.8% which amounted to an average tax amount of $2,024. 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 $2,257. Reported taxable interest for persons was $1,162, dividends $2,600, capital gains +$12,483, and itemized deductions $20,206. The average earned income tax credit is $2,025. The percent of individuals that use a tax preparer is 69.8%. The total average income taxes paid by individuals was $7,565. Businesses reported an average profit of $6,788.
Mama D's
10 E Main St, Racine, MN 55967
Carr's Bar N' Grill
10 E Main St, Racine, MN 55967
Harla's Deli & Desserts
301 Highway 63 N, Racine, MN 55967
Harlas Deli & Desserts
Racine, MN 55967
Diner
128 Main St S, Grand Meadow, MN 55936 (5.8 miles away)
Riverfront Restaurant
1800 Clubhouse Dr NE, Stewartville, MN 55976 (6.6 miles away)
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