Interested in purchasing investment houses in the 56220 zip code in Canby, MN?
The zip code 56220 is in Yellow Medicine county with a latitude of -96.294160000000 and longitude of 44.731830000000, is in the state of Minnesota. The average asking price of houses and condos is $85,917.00 and the average sale price was $145,318.00. this regions is classified as the Minneapolis - Saint Paul metro area and is in the 507 area code. The location in degrees is 44° 43' 54.588" N, 96° 17' 38.976" W. The county F.I.P.S. is 27173. The total land area is 274.3 square miles and the water area is 0.3 square miles. The elevation in this area is 1083 - 1680 feet. The zip code is on central standard time and observes daylight savings time.
The zip 56220 is in county number 081 and is L. Sector 93, L. Segment 01, H. Sector 01, and H. Segment 01. The population was 2,681 in 2019 and 3,070 in 2010. This further breaks down to 1,395 males (52.0%) and 1,286 females (48.0%). The median age of residents is 51.6 years. The population density (people per square mile) is 10. This zip code has a combined total of 1,466 houses and condos. There are 210 rented appartments. 18% of residents rent versus the 18% 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 $49,608 and the average salary is $34,924. The median household income of individuals is $36,546.00 and the average is $55,140.00. This zip code has a mean commute time to work of 18.6 minutes. The unemployment rate is 1.8%. Income earners by percent breakdown as 65.50% (Under $50,000), 28.50% ($50,000-$100,000), and 5.90% earn over $100,000. 9.1% 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 89.7% have a high school education or higher, 17.3% have a bachelor's degree or higher, and 3.1% have some kind of profesional degree.
This area has 1,292 households and the average size is 2.2 people. Individuals who are single and have never been married are 22.7%, 62.5% are now married, 0.4% are separated, 8.3% are widowed, and 6.1% are divorced. The average yearly contribution amount given by people to charity was $4,104 versus the state average of $3,948. The percent of residents who gave to charity was 18.3%.
The estimated median value of houses and condos is $115,882. The median monthly owner costs of mortgage holders was $1,118, where as the costs for those who don't have a mortgage are $408. The median number of rooms in houses and condos are 7.0 versus apartments which had a median number of 5.2.
The real estate tax percent rate is 1.2% which equated to an average real estate tax amount payment of $1,338. 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 $1,503. 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 $1,173. Reported taxable interest for persons was $1,288, dividends $2,745, capital gains +$7,216, and itemized deductions $20,848. The average earned income tax credit is $1,832. The percent of individuals that use a tax preparer is 80.3%. The total average income taxes paid by individuals was $7,313. Businesses reported an average profit of $8,944.
P K Egans Family Restaurant
115 Saint Olaf Ave N, Canby, MN 56220
Marble Store
3709 Us Highway 75, Canby, MN 56220
Apollo Bar & Grill
14 Saint Olaf Ave S, Canby, MN 56220
Campus Grill
1011 1st St W, Canby, MN 56220
Korner Stone Kravings
229 1st St W, Canby, MN 56220
Midway Cafe
115 1st St W, Canby, MN 56220
Porter Cafe & Grocery by Sherry
304 Lone Tree St, Porter, MN 56280 (7.4 miles away)
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