Interested in purchasing investment houses in the 56075 zip code in Northrop, MN?
The zip code 56075 is in Martin county with a latitude of -94.436660000000 and longitude of 43.734920000000, is in the state of Minnesota. The average asking price of houses and condos is $90,000.00 and the average sale price was $176,649.00. this regions is classified as the Mankato metro area and is in the 507 area code. The location in degrees is 43° 44' 5.712" N, 94° 26' 11.976" W. The county F.I.P.S. is 27091. The total land area is 0.1 square miles and the water area is 0.0 square miles. The zip code is on central standard time and observes daylight savings time.
The zip 56075 is in county number 091 and is L. Sector 00, L. Segment 01, H. Sector 20, and H. Segment 20. The population was 146 in 2019 and 171 in 2010. This further breaks down to 71 males (49.0%) and 74 females (51.0%). The median age of residents is 56.3 years. The population of the greater Fairmont, MN area is 20,369. The population density (people per square mile) is 2,496. This zip code has a combined total of 92 houses and condos. There are 13 rented appartments. 16% of residents rent versus the 16% of residents in the state who rent.
The financial status of those living in this area is considered middle class.
The average individual salary is $25,025. The median household income of individuals is $54,416.00. This zip code has a mean commute time to work of 17.7 minutes. Income earners by percent breakdown as 42.90% (Under $50,000), 57.10% ($50,000-$100,000), and 0.00% earn over $100,000. 5.7% of residents live below poverty line versus the 9.0% in the state that are below this line. The cost of living index is 84.5. The educational breakdown is 96.5% have a high school education or higher, 16.5% have a bachelor's degree or higher, and 5.2% have some kind of profesional degree.
This area has 77 households and the average size is 1.8 people. Individuals who are single and have never been married are 23.5%, 43.5% are now married, 0.0% are separated, 17.4% are widowed, and 15.6% are divorced.
The estimated median value of houses and condos is $65,681. The median monthly owner costs of mortgage holders was $1,014, where as the costs for those who don't have a mortgage are $316. The median number of rooms in houses and condos are 5.8 versus apartments which had a median number of 5.4.
The real estate tax percent rate is 1.3% which equated to an average real estate tax amount payment of $855. 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 1.3% which amounted to an average tax amount of $882. Conversely, the median housing property tax percent for residents who don't have mortgages was 1.0% which amounted to an average tax amount of $654. Reported taxable interest for persons was $231. Businesses reported an average profit of $2,600.
Granada Bar & Grill
125 S Main St, Granada, MN 56039 (5.6 miles away)
Aardvark's Bar & Grill
209 N 5th Ave E, Truman, MN 56088 (5.9 miles away)
Ambiance on Albion - Taphouse and Grill
2321 Albion Ave, Fairmont, MN 56031 (6.8 miles away)
Caseys Carryout Pizza
112 2nd St, Welcome, MN 56181 (8.9 miles away)
Huntley Cafe
16978 315th Ave, Huntley, MN 56047 (10.3 miles away)
Americana Cafe
233 Lewis St W, Lewisville, MN 56060 (12.8 miles away)
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