Interested in purchasing investment houses in the 56069 zip code in Montgomery, MN?
The zip code 56069 is in both Le Sueur and Rice counties with a latitude of -93.553740000000 and longitude of 44.418250000000, is in the state of Minnesota. The average asking price of houses and condos is $160,880.00 and the average sale price was $81,909.00. this regions is classified as the Minneapolis - Saint Paul metro area and is in the 507 area code. The location in degrees is 44° 25' 5.7" N, 93° 33' 13.464" W. The county F.I.P.S. is 27079. The total land area is 71.4 square miles and the water area is 4.2 square miles. The elevation in this area is 1050 - 1142 feet. The zip code is on central standard time and observes daylight savings time.
The zip 56069 is in county number 131 and is L. Sector 94, L. Segment 01, H. Sector 01, and H. Segment 01. The population was 4,748 in 2019 and 4,467 in 2010. Of this, the break down in 2019 was 3,004 urban and 1,743 rural. This further breaks down to 2,274 males (47.9%) and 2,473 females (52.1%). The median age of residents is 39.9 years. The population density (people per square mile) is 66. This zip code has a combined total of 2,081 houses and condos. There are 321 rented appartments. 17% of residents rent versus the 17% 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 $46,832 and the average salary is $41,837. The median household income of individuals is $50,580.00 and the average is $57,390.00. This zip code has a mean commute time to work of 32.6 minutes. The unemployment rate is 1.5%. Income earners by percent breakdown as 49.40% (Under $50,000), 38.00% ($50,000-$100,000), and 12.60% earn over $100,000. 7.0% of residents live below poverty line versus the 9.0% in the state that are below this line. The cost of living index is 78.8. The educational breakdown is 95.1% have a high school education or higher, 16.5% have a bachelor's degree or higher, and 2.6% have some kind of profesional degree.
This area has 1,749 households and the average size is 2.5 people. Individuals who are single and have never been married are 31.0%, 54.1% are now married, 0.8% are separated, 3.9% are widowed, and 10.2% 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 29.0%.
The estimated median value of houses and condos is $206,111. The median monthly owner costs of mortgage holders was $1,567, where as the costs for those who don't have a mortgage are $490. The median number of rooms in houses and condos are 6.6 versus apartments which had a median number of 4.2.
The real estate tax percent rate is 1.3% which equated to an average real estate tax amount payment of $2,644. 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 1.4% which amounted to an average tax amount of $2,985. Conversely, the median housing property tax percent for residents who don't have mortgages was 1.2% which amounted to an average tax amount of $2,227. Reported taxable interest for persons was $1,421, dividends $1,568, capital gains +$1,373, and itemized deductions $17,326. The average earned income tax credit is $1,947. The percent of individuals that use a tax preparer is 61.1%. The total average income taxes paid by individuals was $6,158. Businesses reported an average profit of $7,884.
Pizzeria 201
201 1st St S, Montgomery, MN 56069
Happy Hour Bar
210 1st St S, Montgomery, MN 56069
Lakeside Supper Club
32298 State Highway 13, Montgomery, MN 56069
David's Diner
200 4th St NW, Montgomery, MN 56069
White Front Saloon
301 1st St S, Montgomery, MN 56069
Rustic Cafe
101 Ash Ave SW, Montgomery, MN 56069
Senior Dining
201 Ash Ave SW, Montgomery, MN 56069
Franke's Bakery
200 1st St S, Montgomery, MN 56069
The Ettlin's Cafe
208 4th Ave SW, New Prague, MN 56071 (7.2 miles away)
Brewsters Bar & Grill
9856 50th St W, Lonsdale, MN 55046 (7.7 miles away)
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