Interested in purchasing investment houses in the 56043 zip code in Hayward, MN?
The zip code 56043 is in Freeborn county with a latitude of -93.223240000000 and longitude of 43.648310000000, is in the state of Minnesota. The average asking price of houses and condos is $87,500.00 and the average sale price was $129,947.00. 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° 38' 53.916" N, 93° 13' 23.664" W. The county F.I.P.S. is 27047. The total land area is 20.2 square miles and the water area is 0.0 square miles. The elevation in this area is 1227 - 1276 feet. The zip code is on central standard time and observes daylight savings time.
The zip 56043 is in county number 047 and is L. Sector 03, L. Segment 01, H. Sector 15, and H. Segment 15. The population was 437 in 2019 and 486 in 2010. This further breaks down to 221 males (50.6%) and 216 females (49.4%). The median age of residents is 51.9 years. The population of the greater Albert Lea, MN area is 30,910. The population density (people per square mile) is 22. This zip code has a combined total of 210 houses and condos. There are 27 rented appartments. 14% of residents rent versus the 14% 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 $58,089 and the average salary is $38,109. The median household income of individuals is $53,002.00 and the average is $56,400.00. This zip code has a mean commute time to work of 20.1 minutes. The unemployment rate is 4.6%. Income earners by percent breakdown as 46.50% (Under $50,000), 43.10% ($50,000-$100,000), and 10.40% earn over $100,000. 3.8% of residents live below poverty line versus the 9.0% in the state that are below this line. The cost of living index is 84.6. The educational breakdown is 83.0% have a high school education or higher, 8.8% have a bachelor's degree or higher, and 2.9% have some kind of profesional degree.
This area has 204 households and the average size is 2.2 people. Individuals who are single and have never been married are 23.1%, 54.6% are now married, 0.3% are separated, 8.2% are widowed, and 13.8% are divorced. The average yearly contribution amount given by people to charity was $3,200 versus the state average of $3,948. The percent of residents who gave to charity was 21.4%.
The estimated median value of houses and condos is $131,363. The median monthly owner costs of mortgage holders was $1,008, where as the costs for those who don't have a mortgage are $485. The median number of rooms in houses and condos are 6.1 versus apartments which had a median number of 3.4.
The real estate tax percent rate is 1.0% which equated to an average real estate tax amount payment of $1,356. 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 $1,257. Conversely, the median housing property tax percent for residents who don't have mortgages was 1.4% which amounted to an average tax amount of $1,484. Reported taxable interest for persons was $1,500, dividends $1,700, capital gains +$2,650, and itemized deductions $18,856. The average earned income tax credit is $1,725. The percent of individuals that use a tax preparer is 75.0%. The total average income taxes paid by individuals was $7,625. Businesses reported an average profit of $6,800.
Korner Kafe
101 E Front St, Hayward, MN 56043
Ponts Pub & Grill
100 W Main St, Glenville, MN 56036 (5.7 miles away)
Abrego's Cafe
120 S Washington Ave, Albert Lea, MN 56007 (6.7 miles away)
Georges of Geneva
116 Central Ave S, Hollandale, MN 56045 (8.6 miles away)
Geneva Bar & Grill
101 Main St W, Geneva, MN 56035 (12.9 miles away)
Woodfire Grille
777 Diamond Jo Ln, Northwood, IA 50459 (13 miles away)
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