Interested in purchasing investment houses in the 55985 zip code in West Concord, MN?
The zip code 55985 is in both Dodge and Steele counties with a latitude of -92.903580000000 and longitude of 44.158270000000, is in the state of Minnesota. The average asking price of houses and condos is $118,500.00 and the average sale price was $127,493.00. 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° 9' 29.772" N, 92° 54' 12.888" W. The county F.I.P.S. is 27039. The total land area is 90.7 square miles and the water area is 0.0 square miles. The elevation in this area is 1119 - 1263 feet. The zip code is on central standard time and observes daylight savings time.
The zip 55985 is in county number 049 and is L. Sector 94, L. Segment 02, H. Sector 02, and H. Segment 02. The population was 1,851 in 2019 and 1,858 in 2010. This further breaks down to 940 males (50.8%) and 911 females (49.2%). The median age of residents is 38.8 years. The population of the greater Rochester, MN area is 187,758. The population density (people per square mile) is 20. This zip code has a combined total of 817 houses and condos. There are 141 rented appartments. 19% of residents rent versus the 19% 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 $57,359 and the average salary is $42,825. The median household income of individuals is $56,012.00 and the average is $58,790.00. This zip code has a mean commute time to work of 32.9 minutes. The unemployment rate is 1.1%. Income earners by percent breakdown as 44.10% (Under $50,000), 41.00% ($50,000-$100,000), and 15.00% earn over $100,000. 7.3% of residents live below poverty line versus the 9.0% in the state that are below this line. The cost of living index is 87.5. The educational breakdown is 94.6% have a high school education or higher, 19.2% have a bachelor's degree or higher, and 4.9% have some kind of profesional degree.
This area has 729 households and the average size is 2.5 people. Individuals who are single and have never been married are 23.8%, 58.7% are now married, 0.9% are separated, 5.9% are widowed, and 10.8% are divorced. The average yearly contribution amount given by people to charity was $3,324 versus the state average of $3,948. The percent of residents who gave to charity was 23.9%.
The estimated median value of houses and condos is $177,141. The median monthly owner costs of mortgage holders was $1,306, where as the costs for those who don't have a mortgage are $470. The median number of rooms in houses and condos are 7.1 versus apartments which had a median number of 5.1.
The real estate tax percent rate is 0.9% which equated to an average real estate tax amount payment of $1,615. 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 0.9% which amounted to an average tax amount of $1,712. 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 $1,477. Reported taxable interest for persons was $797, dividends $1,208, capital gains +$9,683, and itemized deductions $19,746. The average earned income tax credit is $2,150. The percent of individuals that use a tax preparer is 68.2%. The total average income taxes paid by individuals was $8,154. Businesses reported an average profit of $8,427.
Omar's Cafe
147 Main St, West Concord, MN 55985
Caseys Carry Out Pizza
214 State St, West Concord, MN 55985
Fore Seasons Supper Club
14 W Highway St, Dodge Center, MN 55927 (8.4 miles away)
Old School Cafe
515 Clay St, Mantorville, MN 55955 (8.5 miles away)
Claremont Pub
228 E Front St, Claremont, MN 55924 (8.7 miles away)
2nd Street Saloon
632 2nd St, Kenyon, MN 55946 (9.9 miles away)
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