Interested in purchasing investment houses in the 56034 zip code in Garden City, MN?
The zip code 56034 is in Blue Earth county with a latitude of -94.183320000000 and longitude of 44.030660000000, is in the state of Minnesota. The average asking price of houses and condos is $106,500.00 and the average sale price was $163,356.00. this regions is classified as the Mankato metro area and is in the 507 area code. The location in degrees is 44° 1' 50.376" N, 94° 10' 59.952" W. The county F.I.P.S. is 27013. The total land area is 28.7 square miles and the water area is 0.7 square miles. The elevation in this area is 961 - 997 feet. The zip code is on central standard time and observes daylight savings time.
The zip 56034 is in county number 013 and is L. Sector 01, L. Segment 71, H. Sector 87, and H. Segment 87. The population was 498 in 2019 and 496 in 2010. This further breaks down to 261 males (52.5%) and 236 females (47.5%). The median age of residents is 37.8 years. The population of the greater Mankato-North Mankato, MN area is 94,122. The population density (people per square mile) is 17. This zip code has a combined total of 237 houses and condos. There are 26 rented appartments. 13% of residents rent versus the 13% 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 $55,456 and the average salary is $39,135. The median household income of individuals is $56,986.00 and the average is $61,580.00. This zip code has a mean commute time to work of 27.2 minutes. The unemployment rate is 3.3%. Income earners by percent breakdown as 41.50% (Under $50,000), 42.50% ($50,000-$100,000), and 16.00% earn over $100,000. 8.6% of residents live below poverty line versus the 9.0% in the state that are below this line. The cost of living index is 86.6. The educational breakdown is 92.9% have a high school education or higher, 21.1% have a bachelor's degree or higher, and 4.8% have some kind of profesional degree.
This area has 196 households and the average size is 2.5 people. Individuals who are single and have never been married are 23.6%, 66.9% are now married, 0.0% are separated, 1.0% are widowed, and 8.5% are divorced. The average yearly contribution amount given by people to charity was $2,400 versus the state average of $3,948. The percent of residents who gave to charity was 18.5%.
The estimated median value of houses and condos is $155,026. The median monthly owner costs of mortgage holders was $1,181, where as the costs for those who don't have a mortgage are $425. The median number of rooms in houses and condos are 6.7 versus apartments which had a median number of 4.5.
The real estate tax percent rate is 0.9% which equated to an average real estate tax amount payment of $1,423. 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 $1,434. Conversely, the median housing property tax percent for residents who don't have mortgages was 0.9% which amounted to an average tax amount of $1,383. Reported taxable interest for persons was $1,291, dividends $2,660, capital gains +$133, and itemized deductions $18,213. The average earned income tax credit is $1,933. The percent of individuals that use a tax preparer is 63.0%. The total average income taxes paid by individuals was $6,600. Businesses reported an average profit of $3,433.
The Bank Bar & Grill
142 S Main St, Lake Crystal, MN 56055 (5.4 miles away)
D Bar
101 West St N, Vernon Center, MN 56090 (5.5 miles away)
Thunder Bar & Restaurant
453 Main St, Good Thunder, MN 56037 (6.6 miles away)
Amboy Cottage Cafe
100 E Maine St, Amboy, MN 56010 (10.8 miles away)
Plaza Morena Restaurant Inc
15 W Main St, Madelia, MN 56062 (11.5 miles away)
Elite Steaks N Chops
58071 232nd Ln, Mankato, MN 56001 (11.7 miles away)