Interested in purchasing investment houses in the 56160 zip code in Odin, MN?
The zip code 56160 is in both Watonwan and Martin counties with a latitude of -94.807940000000 and longitude of 43.834780000000, is in the state of Minnesota. The average asking price of houses and condos is $157,176.00 and the average sale price was $179,401.00. this regions is classified as the Mankato metro area and is in the 507 area code. The location in degrees is 43° 50' 5.208" N, 94° 48' 28.584" W. The county F.I.P.S. is 27165. The total land area is 21.6 square miles and the water area is 0.5 square miles. The elevation in this area is 1161 - 1322 feet. The zip code is on central standard time and observes daylight savings time.
The zip 56160 is in county number 091 and is L. Sector 96, L. Segment 01, H. Sector 01, and H. Segment 01. The population was 252 in 2019 and 214 in 2010. This further breaks down to 111 males (44.0%) and 141 females (56.0%). The median age of residents is 37.1 years. The population density (people per square mile) is 12. This zip code has a combined total of 124 houses and condos. There are 16 rented appartments. 17% of residents rent versus the 17% of residents in the state who rent.
The financial status of those living in this area is considered lower middle class.
The average individual salary is $30,139. The median household income of individuals is $47,003.00 and the average is $48,900.00. This zip code has a mean commute time to work of 23.7 minutes. The unemployment rate is 2.2%. Income earners by percent breakdown as 55.50% (Under $50,000), 34.80% ($50,000-$100,000), and 9.80% 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 84.7. The educational breakdown is 94.0% have a high school education or higher, 13.2% have a bachelor's degree or higher, and 1.9% have some kind of profesional degree.
This area has 97 households and the average size is 2.6 people. Individuals who are single and have never been married are 18.4%, 58.3% are now married, 4.1% are separated, 12.0% are widowed, and 7.2% are divorced.
The estimated median value of houses and condos is $82,931. The median monthly owner costs of mortgage holders was $991, where as the costs for those who don't have a mortgage are $562. The median number of rooms in houses and condos are 7.1 versus apartments which had a median number of 6.9.
The real estate tax percent rate is 1.2% which equated to an average real estate tax amount payment of $964. 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 $938. 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 $1,001. Reported taxable interest for persons was $681. The average earned income tax credit is $1,077.
Bailey's Restaurant & Bar
510 Main St, Ormsby, MN 56162 (4.6 miles away)
Buckshots Bar & Grill
505 Hubbard Ave, Butterfield, MN 56120 (5.8 miles away)
Ole's Gathering Place
170th Man St W, Trimont, MN 56176 (7.4 miles away)
Laker Grill
999 2nd Ave, Mountain Lake, MN 56159 (8.6 miles away)
Home Town Cafe
403 1st Ave S, Saint James, MN 56081 (10.5 miles away)
Darfur Lounge
217 Adrian St N, Darfur, MN 56022 (11.9 miles away)