Interested in purchasing investment houses in the 56089 zip code in Twin Lakes, MN?
The zip code 56089 is in Freeborn county with a latitude of -93.430830000000 and longitude of 43.561030000000, is in the state of Minnesota. The average asking price of houses and condos is $90,500.00 and the average sale price was $135,700.00. this regions is classified as the Rochester - Mason City - Austin metro area and is in the 507 area code. The location in degrees is 43° 33' 39.708" N, 93° 25' 50.988" W. The county F.I.P.S. is 27047. The total land area is 0.8 square miles and the water area is 0.2 square miles. The elevation in this area is 1217 - 1280 feet. The zip code is on central standard time and observes daylight savings time.
The zip 56089 is in county number 047 and is L. Sector 00, L. Segment 91, H. Sector 27, and H. Segment 27. The population was 151 in 2019 and 155 in 2010. This further breaks down to 88 males (58.7%) and 62 females (41.3%). The median age of residents is 57.4 years. The population of the greater Albert Lea, MN area is 30,910. The population density (people per square mile) is 198. This zip code has a combined total of 84 houses and condos. There are 18 rented appartments. 23% of residents rent versus the 23% 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 $28,325. The median household income of individuals is $52,871.00. This zip code has a mean commute time to work of 19.6 minutes. The unemployment rate is 6.5%. Income earners by percent breakdown as 46.70% (Under $50,000), 40.70% ($50,000-$100,000), and 12.50% earn over $100,000. 14.7% of residents live below poverty line versus the 9.0% in the state that are below this line. The cost of living index is 84.8. The educational breakdown is 91.0% have a high school education or higher, 10.0% have a bachelor's degree or higher, and 1.6% have some kind of profesional degree.
This area has 77 households and the average size is 1.9 people. Individuals who are single and have never been married are 27.1%, 38.8% are now married, 3.6% are separated, 6.6% are widowed, and 23.9% are divorced.
The estimated median value of houses and condos is $62,254. The median monthly owner costs of mortgage holders was $756, where as the costs for those who don't have a mortgage are $272. The median number of rooms in houses and condos are 5.1 versus apartments which had a median number of 4.8.
The real estate tax percent rate is 0.8% which equated to an average real estate tax amount payment of $487. 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 $1,087. Conversely, the median housing property tax percent for residents who don't have mortgages was 0.6% which amounted to an average tax amount of $366. Reported taxable interest for persons was $147 and itemized deductions $11,500. The average earned income tax credit is $1,833.
Family Tree Restaurant
155 Main St, Emmons, MN 56029 (4.7 miles away)
Abrego's Cafe
120 S Washington Ave, Albert Lea, MN 56007 (7 miles away)
Ponts Pub & Grill
100 W Main St, Glenville, MN 56036 (8 miles away)
Mootsie's Bar and Grill
127 S Broadway, Alden, MN 56009 (10.1 miles away)
Korner Kafe
101 E Front St, Hayward, MN 56043 (10.7 miles away)
Ay Jalisco
201 W Main St, Lake Mills, IA 50450 (11.4 miles away)
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!
