Interested in purchasing investment houses in the 56029 zip code in Emmons, MN?
The zip code 56029 is in Freeborn county with a latitude of -93.524200000000 and longitude of 43.526480000000, is in the state of Minnesota. The average asking price of houses and condos is $125,333.00 and the average sale price was $136,502.00. 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° 31' 35.328" N, 93° 31' 27.12" W. The county F.I.P.S. is 27047. The total land area is 45.4 square miles and the water area is 1.2 square miles. The elevation in this area is 1257 - 1296 feet. The zip code is on central standard time and observes daylight savings time.
The zip 56029 is in county number 195 and is L. Sector 61, L. Segment 28, H. Sector 28, and H. Segment 28. The population was 721 in 2019 and 744 in 2010. This further breaks down to 370 males (51.4%) and 350 females (48.6%). The median age of residents is 54.1 years. The population of the greater Albert Lea, MN area is 30,910. The population density (people per square mile) is 16. This zip code has a combined total of 363 houses and condos. There are 34 rented appartments. 10% of residents rent versus the 10% of residents in the state who rent.
The financial status of those living in this area is considered lower middle class. The average individual gross adjusted income is $56,823 and the average salary is $38,836. The median household income of individuals is $47,521.00 and the average is $54,490.00. This zip code has a mean commute time to work of 24.4 minutes. The unemployment rate is 5.0%. Income earners by percent breakdown as 53.00% (Under $50,000), 36.80% ($50,000-$100,000), and 10.30% earn over $100,000. 10.2% of residents live below poverty line versus the 9.0% in the state that are below this line. The cost of living index is 85.5. The educational breakdown is 94.7% have a high school education or higher, 17.2% have a bachelor's degree or higher, and 5.8% have some kind of profesional degree.
This area has 318 households and the average size is 2.1 people. Individuals who are single and have never been married are 17.0%, 64.9% are now married, 1.1% are separated, 7.6% are widowed, and 9.4% are divorced. The average yearly contribution amount given by people to charity was $1,867 versus the state average of $3,948. The percent of residents who gave to charity was 19.4%.
The estimated median value of houses and condos is $113,450. The median monthly owner costs of mortgage holders was $996, where as the costs for those who don't have a mortgage are $433. The median number of rooms in houses and condos are 6.9 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 $1,372. 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 1.2% which amounted to an average tax amount of $1,490. 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 $1,219. Reported taxable interest for persons was $867, dividends $2,100, and itemized deductions $20,386. The average earned income tax credit is $2,325. The percent of individuals that use a tax preparer is 87.1%. The total average income taxes paid by individuals was $6,700. Businesses reported an average profit of $8,900.
Family Tree Restaurant
155 Main St, Emmons, MN 56029
Ay Jalisco
201 W Main St, Lake Mills, IA 50450 (6.9 miles away)
Vinje Pub & Grill
15960 490th St, Scarville, IA 50473 (8.5 miles away)
Downtown Cafe
113 Main St, Joice, IA 50446 (9.4 miles away)
Mootsie's Bar and Grill
127 S Broadway, Alden, MN 56009 (10.8 miles away)
Abrego's Cafe
120 S Washington Ave, Albert Lea, MN 56007 (11.5 miles away)