Interested in purchasing investment houses in the 56165 zip code in Reading, MN?
The zip code 56165 is in Nobles county with a latitude of -95.710490000000 and longitude of 43.724660000000, is in the state of Minnesota. The average asking price of houses and condos is $98,184.00 and the average sale price was $218,675.00. this regions is classified as the Sioux Falls (Mitchell) metro area and is in the 507 area code. The location in degrees is 43° 43' 28.776" N, 95° 42' 37.764" W. The county F.I.P.S. is 27105. The total land area is 38.2 square miles and the water area is 0.1 square miles. The elevation in this area is 1588 - 1706 feet. The zip code is on central standard time and observes daylight savings time.
The zip 56165 is in county number 105 and is L. Sector 00, L. Segment 01, H. Sector 59, and H. Segment 59. The population was 433 in 2019 and 349 in 2010. This further breaks down to 215 males (49.6%) and 218 females (50.4%). The median age of residents is 36.2 years. The population of the greater Worthington, MN area is 20,322. The population density (people per square mile) is 11. This zip code has a combined total of 158 houses and condos. There are 18 rented appartments. 11% of residents rent versus the 11% 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 $59,676 and the average salary is $35,107. The median household income of individuals is $45,508.00 and the average is $61,480.00. This zip code has a mean commute time to work of 20.9 minutes. Income earners by percent breakdown as 57.50% (Under $50,000), 36.60% ($50,000-$100,000), and 5.90% earn over $100,000. 1.5% of residents live below poverty line versus the 9.0% in the state that are below this line. The cost of living index is 85.8. The educational breakdown is 93.6% have a high school education or higher, 20.3% have a bachelor's degree or higher, and 9.8% have some kind of profesional degree.
This area has 135 households and the average size is 2.7 people. Individuals who are single and have never been married are 25.4%, 55.7% are now married, 0.6% are separated, 7.8% are widowed, and 10.5% are divorced. The average yearly contribution amount given by people to charity was $2,500 versus the state average of $3,948. The percent of residents who gave to charity was 11.8%.
The estimated median value of houses and condos is $149,276. The median monthly owner costs of mortgage holders was $1,181, where as the costs for those who don't have a mortgage are $421. The median number of rooms in houses and condos are 6.7 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 $1,129. 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 $1,304. 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 $838. Reported taxable interest for persons was $575, dividends $1,475, capital gains +$1,267, and itemized deductions $18,733. The average earned income tax credit is $1,882. The percent of individuals that use a tax preparer is 94.1%. The total average income taxes paid by individuals was $9,433. Businesses reported an average profit of $3,200.
Wilmont Liquor Store
402 4th Ave, Wilmont, MN 56185 (6 miles away)
Pds
120 N Thompson Ave, Rushmore, MN 56168 (6.5 miles away)
New City Buffet
1151 Ryans Rd, Worthington, MN 56187 (8.9 miles away)
Countryside Inn Steakhouse
208 N Louisiana Ave, Adrian, MN 56110 (11.4 miles away)
Silver Bucket Bar Inc
104 3rd Ave, Brewster, MN 56119 (12.9 miles away)
Van Bullys
390 Parnell St, Iona, MN 56141 (13.2 miles away)
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