Interested in purchasing investment houses in the 56132 zip code in Garvin, MN?
The zip code 56132 is in both Lyon and Murray counties with a latitude of -95.758580000000 and longitude of 44.205590000000, is in the state of Minnesota. The average asking price of houses and condos is $309,000.00 and the average sale price was $243,558.00. this regions is classified as the Minneapolis - Saint Paul metro area and is in the 507 area code. The location in degrees is 44° 12' 20.124" N, 95° 45' 30.888" W. The county F.I.P.S. is 27083. This zip code contains two cities including The Lakes, MN (21.87%), and Garvin, MN (0.44%) The total land area is 59.6 square miles and the water area is 3.6 square miles. The elevation in this area is 1332 - 1650 feet. The zip code is on central standard time and observes daylight savings time.
The zip 56132 is in county number 101 and is L. Sector 96, L. Segment 01, H. Sector 01, and H. Segment 01. The population was 435 in 2019 and 540 in 2010. This further breaks down to 229 males (52.7%) and 206 females (47.3%). The median age of residents is 56.1 years. The population of the greater Marshall, MN area is 24,856. The population density (people per square mile) is 7. This zip code has a combined total of 354 houses and condos. There are 32 rented appartments. 15% of residents rent versus the 15% 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 $62,707 and the average salary is $37,041. The median household income of individuals is $47,712.00 and the average is $70,440.00. This zip code has a mean commute time to work of 29.1 minutes. The unemployment rate is 2.3%. Income earners by percent breakdown as 54.10% (Under $50,000), 35.70% ($50,000-$100,000), and 10.20% earn over $100,000. 7.0% of residents live below poverty line versus the 9.0% in the state that are below this line. The cost of living index is 87.2. The educational breakdown is 92.9% have a high school education or higher, 22.1% have a bachelor's degree or higher, and 6.3% have some kind of profesional degree.
This area has 222 households and the average size is 2.0 people. Individuals who are single and have never been married are 20.5%, 64.0% are now married, 0.0% are separated, 5.1% are widowed, and 10.4% are divorced. The average yearly contribution amount given by people to charity was $3,100 versus the state average of $3,948. The percent of residents who gave to charity was 22.2%.
The estimated median value of houses and condos is $211,529. The median monthly owner costs of mortgage holders was $1,292, where as the costs for those who don't have a mortgage are $497. The median number of rooms in houses and condos are 6.3 versus apartments which had a median number of 5.0.
The real estate tax percent rate is 0.6% which equated to an average real estate tax amount payment of $1,250. 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 $1,503. Conversely, the median housing property tax percent for residents who don't have mortgages was 0.5% which amounted to an average tax amount of $1,059. Reported taxable interest for persons was $514, dividends $617, and itemized deductions $24,671. The average earned income tax credit is $2,000. The percent of individuals that use a tax preparer is 81.5%. The total average income taxes paid by individuals was $11,414. Businesses reported an average profit of $10,780.
Bitton's Roadhouse
101 2nd St, Garvin, MN 56132
KirPatricks
142 3rd St, Balaton, MN 56115 (5.8 miles away)
Bonnie and Clyde's
101 3rd St, Tracy, MN 56175 (7.2 miles away)
Mill Street BBQ Co.
101 Mill St N, Currie, MN 56123 (10 miles away)
Knott's Corner
111 Main St, Walnut Grove, MN 56180 (13.4 miles away)
Trev's Kitchen
106 E Railroad St, Lynd, MN 56157 (14.3 miles away)
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