Interested in purchasing investment houses in the 56085 zip code in Sleepy Eye, MN?
The zip code 56085 is in Brown county with a latitude of -94.736170000000 and longitude of 44.293340000000, is in the state of Minnesota. The average asking price of houses and condos is $98,250.00 and the average sale price was $157,115.00. this regions is classified as the Mankato metro area and is in the 507 area code. The location in degrees is 44° 17' 36.024" N, 94° 44' 10.212" W. The county F.I.P.S. is 27015. This zip code contains three cities including Sleepy Eye, MN (0.96%), Cobden, MN (0.45%), and Evan, MN (0.38%) The total land area is 209.6 square miles and the water area is 1.2 square miles. The elevation in this area is 889 - 1070 feet. The zip code is on central standard time and observes daylight savings time.
The zip 56085 is in county number 127 and is L. Sector 93, L. Segment 01, H. Sector 01, and H. Segment 01. The population was 5,337 in 2019 and 5,451 in 2010. Of this, the break down in 2019 was 3,171 urban and 2,165 rural. This further breaks down to 2,831 males (53.1%) and 2,505 females (46.9%). The median age of residents is 45.1 years. The population of the greater New Ulm, MN area is 25,821. The population density (people per square mile) is 25. This zip code has a combined total of 2,484 houses and condos. There are 415 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 lower middle class. The average individual gross adjusted income is $61,929 and the average salary is $39,229. The median household income of individuals is $48,631.00 and the average is $81,650.00. This zip code has a mean commute time to work of 20.2 minutes. The unemployment rate is 0.7%. Income earners by percent breakdown as 51.60% (Under $50,000), 39.10% ($50,000-$100,000), and 9.30% earn over $100,000. 7.6% of residents live below poverty line versus the 9.0% in the state that are below this line. The cost of living index is 75.0. The educational breakdown is 92.0% have a high school education or higher, 19.4% have a bachelor's degree or higher, and 2.7% have some kind of profesional degree.
This area has 2,217 households and the average size is 2.3 people. Individuals who are single and have never been married are 21.6%, 61.8% are now married, 0.0% are separated, 6.5% are widowed, and 10.1% are divorced. The average yearly contribution amount given by people to charity was $4,446 versus the state average of $3,948. The percent of residents who gave to charity was 20.6%.
The estimated median value of houses and condos is $151,819. The median monthly owner costs of mortgage holders was $1,108, where as the costs for those who don't have a mortgage are $412. The median number of rooms in houses and condos are 7.2 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 $1,169. 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 0.7% which amounted to an average tax amount of $1,105. 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 $1,235. Reported taxable interest for persons was $2,011, dividends $6,184, capital gains +$16,158, and itemized deductions $22,488. The average earned income tax credit is $2,117. The percent of individuals that use a tax preparer is 74.0%. The total average income taxes paid by individuals was $8,881. Businesses reported an average profit of $12,400.
14 New China
132 Main St E, Sleepy Eye, MN 56085
Sportspage Bar & Grill
435 Center St, Sleepy Eye, MN 56085
Ross Park Dining Room
313 4th Ave SE, Sleepy Eye, MN 56085
Ridin High Saloon
430 Center St, Sleepy Eye, MN 56085
Meyer's Bar & Lounge
201 Main St E, Sleepy Eye, MN 56085
City Limit Lounge
619 Main St E, Sleepy Eye, MN 56085
When my husband passed away suddenly, I was left with a home I had to sell fast. The experts from We Buy Homes dealt with me professionally, fairly, and honestly. I didn’t have to list my house and I didn’t have to deal with strangers walking through my home. And I didn’t have to pay a realtor! They handled everything and that provided the peace of mind I needed during such a difficult time. I highly recommend them!
