Interested in purchasing investment houses in the 56073 zip code in New Ulm, MN?
The zip code 56073 is in both Brown and Nicollet counties with a latitude of -94.467410000000 and longitude of 44.305800000000, is in the state of Minnesota. The average asking price of houses and condos is $149,143.00 and the average sale price was $169,000.00. this regions is classified as the Mankato metro area and is in the 507 area code. The location in degrees is 44° 18' 20.88" N, 94° 28' 2.676" W. The county F.I.P.S. is 27015. This zip code contains two cities including New Ulm, MN (5.05%), and Searles, MN (0.22%) The total land area is 199.9 square miles and the water area is 3.0 square miles. The elevation in this area is 856 - 1027 feet. The zip code is on central standard time and observes daylight savings time.
The zip 56073 is in county number 103 and is L. Sector 91, L. Segment 00, H. Sector 00, and H. Segment 00. The population was 16,583 in 2019 and 16,759 in 2010. Of this, the break down in 2019 was 12,905 urban and 3,677 rural. This further breaks down to 8,161 males (49.2%) and 8,421 females (50.8%). The median age of residents is 42.2 years. The population of the greater New Ulm, MN area is 25,821. The population density (people per square mile) is 83. This zip code has a combined total of 7,619 houses and condos. There are 1,473 rented appartments. 21% of residents rent versus the 21% 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 $50,484 and the average salary is $41,234. The median household income of individuals is $51,989.00 and the average is $58,880.00. This zip code has a mean commute time to work of 14.4 minutes. The unemployment rate is 1.3%. Income earners by percent breakdown as 47.80% (Under $50,000), 38.50% ($50,000-$100,000), and 13.70% earn over $100,000. 5.9% of residents live below poverty line versus the 9.0% in the state that are below this line. The cost of living index is 75.4. The educational breakdown is 94.4% have a high school education or higher, 25.6% have a bachelor's degree or higher, and 6.7% have some kind of profesional degree.
This area has 7,031 households and the average size is 2.2 people. Individuals who are single and have never been married are 28.5%, 56.0% are now married, 0.5% are separated, 6.2% are widowed, and 8.8% are divorced. The average yearly contribution amount given by people to charity was $3,960 versus the state average of $3,948. The percent of residents who gave to charity was 23.8%.
The estimated median value of houses and condos is $168,074. The median monthly owner costs of mortgage holders was $1,212, where as the costs for those who don't have a mortgage are $466. The median number of rooms in houses and condos are 7.2 versus apartments which had a median number of 4.3.
The real estate tax percent rate is 1.1% which equated to an average real estate tax amount payment of $1,894. 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 1.1% which amounted to an average tax amount of $1,871. 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 $1,926. Reported taxable interest for persons was $1,174, dividends $3,661, capital gains +$8,203, and itemized deductions $19,424. The average earned income tax credit is $1,767. The percent of individuals that use a tax preparer is 66.2%. The total average income taxes paid by individuals was $7,493. Businesses reported an average profit of $8,950.
George's Fine Steaks & Spirits
301 N Minnesota St, New Ulm, MN 56073
The Grand Kabaret
210 N Minnesota St, New Ulm, MN 56073
Weigel's Ein Prosit
5 S Minnesota St, New Ulm, MN 56073
B & L Bar
15 N Minnesota St, New Ulm, MN 56073
Trips Bar
225 N Minnesota St, New Ulm, MN 56073
Perkins Restaurant & Bakery
1727 S Broadway St, New Ulm, MN 56073
Cottonwood Grill
1 Golf Dr, New Ulm, MN 56073
Lola - An American Bistro
16 N Minnesota St, New Ulm, MN 56073
Mn Eis-ice Cream And Sweets Shoppe
10 N Minnesota St, New Ulm, MN 56073
Lakes On 1st
512 1st St N, New Ulm, MN 56073
Sozial Restaurant and Bar
209 N Minnesota St, New Ulm, MN 56073
Carl's Corner
100 Center St, Essig, MN 56073
Joni's Restaurant & Catering
24 N Minnesota St, New Ulm, MN 56073
Plaza Garibaldi
1707 N Broadway St, New Ulm, MN 56073
Rositas Mexican Grill
1704 Westridge Rd Ste 4, New Ulm, MN 56073
New Grand Moon Buffet
1702 Westridge Rd Ste 32, New Ulm, MN 56073
Main Jiang House
1702 Westridge Rd, New Ulm, MN 56073
Searles Bar & Grill
13014 Main St, New Ulm, MN 56073
Veigel's Kaiserhoff
221 N Minnesota St, New Ulm, MN 56073
Main Jiang House
400 N Minnesota St, New Ulm, MN 56073
Fresh Bistro
123 Meyers St, Courtland, MN 56021 (6 miles away)
Carl's Corner
Essig, MN 56030 (7.1 miles away)
Municipal Liquor Store
118 Broadway, Hanska, MN 56041 (10.6 miles away)
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