Interested in purchasing investment houses in the 56074 zip code in Nicollet, MN?
The zip code 56074 is in both Nicollet and Blue Earth counties with a latitude of -94.200670000000 and longitude of 44.323040000000, is in the state of Minnesota. The average asking price of houses and condos is $151,556.00 and the average sale price was $175,000.00. this regions is classified as the Minneapolis - Saint Paul metro area and is in the 507 area code. The location in degrees is 44° 19' 22.944" N, 94° 12' 2.412" W. The county F.I.P.S. is 27103. The total land area is 78.0 square miles and the water area is 6.9 square miles. The elevation in this area is 889 - 1017 feet. The zip code is on central standard time and observes daylight savings time.
The zip 56074 is in county number 103 and is L. Sector 00, L. Segment 01, H. Sector 16, and H. Segment 16. The population was 2,121 in 2019 and 2,004 in 2010. This further breaks down to 1,025 males (48.3%) and 1,096 females (51.7%). The median age of residents is 38.3 years. The population of the greater Mankato-North Mankato, MN area is 94,122. The population density (people per square mile) is 27. This zip code has a combined total of 838 houses and condos. There are 146 rented appartments. 18% of residents rent versus the 18% 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 $59,882 and the average salary is $43,429. The median household income of individuals is $55,208.00 and the average is $67,090.00. This zip code has a mean commute time to work of 21.6 minutes. The unemployment rate is 1.6%. Income earners by percent breakdown as 44.00% (Under $50,000), 43.20% ($50,000-$100,000), and 12.80% earn over $100,000. 8.8% of residents live below poverty line versus the 9.0% in the state that are below this line. The cost of living index is 86.5. The educational breakdown is 96.1% have a high school education or higher, 22.1% have a bachelor's degree or higher, and 5.9% have some kind of profesional degree.
This area has 766 households and the average size is 2.6 people. Individuals who are single and have never been married are 26.3%, 64.7% are now married, 0.9% are separated, 1.6% are widowed, and 6.5% are divorced. The average yearly contribution amount given by people to charity was $3,115 versus the state average of $3,948. The percent of residents who gave to charity was 27.6%.
The estimated median value of houses and condos is $209,539. The median monthly owner costs of mortgage holders was $1,397, where as the costs for those who don't have a mortgage are $557. The median number of rooms in houses and condos are 7.4 versus apartments which had a median number of 4.2.
The real estate tax percent rate is 1.2% which equated to an average real estate tax amount payment of $2,427. 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 1.2% which amounted to an average tax amount of $2,409. Conversely, the median housing property tax percent for residents who don't have mortgages was 1.1% which amounted to an average tax amount of $2,476. Reported taxable interest for persons was $1,366, dividends $1,186, capital gains +$13,039, and itemized deductions $20,716. The average earned income tax credit is $2,140. The percent of individuals that use a tax preparer is 70.4%. The total average income taxes paid by individuals was $8,584. Businesses reported an average profit of $13,300.
Rapid Rick's Bar & Grill
234 Pine St, Nicollet, MN 56074
Cabin Bar
620 3rd St, Nicollet, MN 56074
Perkins Restaurant & Bakery
1123 Range St, North Mankato, MN 56003 (6 miles away)
Fresh Bistro
123 Meyers St, Courtland, MN 56021 (8 miles away)
The Bank Bar & Grill
142 S Main St, Lake Crystal, MN 56055 (10.6 miles away)
The Woods
43781 Golf Course Rd, Saint Peter, MN 56082 (11.1 miles away)
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