Interested in purchasing investment houses in the 56185 zip code in Wilmont, MN?
The zip code 56185 is in Nobles county with a latitude of -95.825430000000 and longitude of 43.792030000000, is in the state of Minnesota. The average asking price of houses and condos is $88,000.00 and the average sale price was $221,813.00. this regions is classified as the Sioux Falls (Mitchell) metro area and is in the 507 area code. The location in degrees is 43° 47' 31.308" N, 95° 49' 31.548" W. The county F.I.P.S. is 27105. The total land area is 43.9 square miles and the water area is 0.0 square miles. The elevation in this area is 1637 - 1788 feet. The zip code is on central standard time and observes daylight savings time.
The zip 56185 is in county number 105 and is L. Sector 00, L. Segment 01, H. Sector 84, and H. Segment 84. The population was 557 in 2019 and 560 in 2010. This further breaks down to 312 males (56.1%) and 244 females (43.9%). The median age of residents is 44.0 years. The population of the greater Worthington, MN area is 20,322. The population density (people per square mile) is 13. This zip code has a combined total of 245 houses and condos. There are 28 rented appartments. 13% of residents rent versus the 13% 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 $46,997 and the average salary is $33,932. The median household income of individuals is $39,161.00 and the average is $49,860.00. This zip code has a mean commute time to work of 20.6 minutes. The unemployment rate is 5.5%. Income earners by percent breakdown as 65.60% (Under $50,000), 28.10% ($50,000-$100,000), and 6.30% earn over $100,000. 5.7% of residents live below poverty line versus the 9.0% in the state that are below this line. The cost of living index is 85.8. The educational breakdown is 94.6% have a high school education or higher, 14.2% have a bachelor's degree or higher, and 4.0% have some kind of profesional degree.
This area has 232 households and the average size is 2.5 people. Individuals who are single and have never been married are 25.4%, 60.2% are now married, 0.8% are separated, 4.7% are widowed, and 8.9% are divorced. The average yearly contribution amount given by people to charity was $1,800 versus the state average of $3,948. The percent of residents who gave to charity was 10.3%.
The estimated median value of houses and condos is $114,445. The median monthly owner costs of mortgage holders was $1,002, where as the costs for those who don't have a mortgage are $525. The median number of rooms in houses and condos are 7.0 versus apartments which had a median number of 4.8.
The real estate tax percent rate is 1.0% which equated to an average real estate tax amount payment of $1,122. 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 1.0% which amounted to an average tax amount of $954. Conversely, the median housing property tax percent for residents who don't have mortgages was 1.1% which amounted to an average tax amount of $1,297. Reported taxable interest for persons was $708, dividends $2,233, capital gains +$4,886, and itemized deductions $14,525. The average earned income tax credit is $2,233. The percent of individuals that use a tax preparer is 86.2%. The total average income taxes paid by individuals was $6,425. Businesses reported an average profit of $5,920.
Wilmont Liquor Store
402 4th Ave, Wilmont, MN 56185
Van Bullys
390 Parnell St, Iona, MN 56141 (9.7 miles away)
Leota Cafe
11768 110th St, Leota, MN 56153 (10.3 miles away)
Pds
120 N Thompson Ave, Rushmore, MN 56168 (10.4 miles away)
Enxco Development
450 Main Ave, Chandler, MN 56122 (11.3 miles away)
Countryside Inn Steakhouse
208 N Louisiana Ave, Adrian, MN 56110 (11.4 miles away)