Interested in purchasing investment houses in the 56050 zip code in Kasota, MN?
The zip code 56050 is in Le Sueur county with a latitude of -93.953170000000 and longitude of 44.264880000000, is in the state of Minnesota. The average asking price of houses and condos is $193,600.00 and the average sale price was $194,111.00. this regions is classified as the Minneapolis - Saint Paul metro area and is in the 507 area code. The location in degrees is 44° 15' 53.568" N, 93° 57' 11.412" W. The county F.I.P.S. is 27079. This zip code contains two cities including Kasota, MN (4.31%), and Mankato, MN (0.12%) The total land area is 20.9 square miles and the water area is 0.9 square miles. The elevation in this area is 810 - 1017 feet. The zip code is on central standard time and observes daylight savings time.
The zip 56050 is in county number 079 and is L. Sector 00, L. Segment 01, H. Sector 87, and H. Segment 87. The population was 1,455 in 2019 and 1,464 in 2010. Of this, the break down in 2019 was 623 urban and 831 rural. This further breaks down to 722 males (49.6%) and 733 females (50.4%). The median age of residents is 47.9 years. The population of the greater Mankato-North Mankato, MN area is 94,122. The population density (people per square mile) is 70. This zip code has a combined total of 677 houses and condos. There are 83 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 $54,545 and the average salary is $46,508. The median household income of individuals is $61,972.00 and the average is $75,580.00. This zip code has a mean commute time to work of 19.6 minutes. The unemployment rate is 3.6%. Income earners by percent breakdown as 35.60% (Under $50,000), 42.70% ($50,000-$100,000), and 21.80% earn over $100,000. 9.7% of residents live below poverty line versus the 9.0% in the state that are below this line. The cost of living index is 86.9. The educational breakdown is 94.1% have a high school education or higher, 26.4% have a bachelor's degree or higher, and 4.9% have some kind of profesional degree.
This area has 598 households and the average size is 2.4 people. Individuals who are single and have never been married are 25.5%, 53.1% are now married, 1.3% are separated, 5.8% are widowed, and 14.4% are divorced. The average yearly contribution amount given by people to charity was $2,573 versus the state average of $3,948. The percent of residents who gave to charity was 28.9%.
The estimated median value of houses and condos is $228,447. The median monthly owner costs of mortgage holders was $1,394, where as the costs for those who don't have a mortgage are $463. The median number of rooms in houses and condos are 6.9 versus apartments which had a median number of 4.2.
The real estate tax percent rate is 0.8% which equated to an average real estate tax amount payment of $1,839. 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 $1,874. Conversely, the median housing property tax percent for residents who don't have mortgages was 0.8% which amounted to an average tax amount of $1,731. Reported taxable interest for persons was $1,664, dividends $3,253, capital gains +$3,200, and itemized deductions $20,952. The average earned income tax credit is $2,011. The percent of individuals that use a tax preparer is 59.2%. The total average income taxes paid by individuals was $7,708. Businesses reported an average profit of $4,590.
The Blue Moon Bar & Grill
300 Webster St S, Kasota, MN 56050
The Woods
43781 Golf Course Rd, Saint Peter, MN 56082 (3.9 miles away)
Kokomo's Bar & Char Grill
114 10th St S, Cleveland, MN 56017 (6.3 miles away)
Trail Blazer Bar & Grill
301 Main St, Madison Lake, MN 56063 (7.2 miles away)
Perkins Restaurant & Bakery
1123 Range St, North Mankato, MN 56003 (8.7 miles away)
Elite Steaks N Chops
58071 232nd Ln, Mankato, MN 56001 (9.4 miles away)