Interested in purchasing investment houses in the 56224 zip code in Clements, MN?
The zip code 56224 is in Redwood county with a latitude of -95.051080000000 and longitude of 44.374370000000, is in the state of Minnesota. The average asking price of houses and condos is $72,000.00 and the average sale price was $160,100.00. this regions is classified as the Minneapolis - Saint Paul metro area and is in the 507 area code. The location in degrees is 44° 22' 27.732" N, 95° 3' 3.888" W. The county F.I.P.S. is 27127. The total land area is 37.2 square miles and the water area is 0.0 square miles. The elevation in this area is 1040 - 1063 feet. The zip code is on central standard time and observes daylight savings time.
The zip 56224 is in county number 127 and is L. Sector 00, L. Segment 01, H. Sector 77, and H. Segment 77. The population was 351 in 2019 and 333 in 2010. This further breaks down to 197 males (56.0%) and 154 females (44.0%). The median age of residents is 34.6 years. The population density (people per square mile) is 9. This zip code has a combined total of 177 houses and condos. There are 17 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 $75,525 and the average salary is $37,408. The median household income of individuals is $45,450.00 and the average is $70,520.00. This zip code has a mean commute time to work of 23.8 minutes. The unemployment rate is 0.5%. Income earners by percent breakdown as 55.50% (Under $50,000), 36.00% ($50,000-$100,000), and 8.50% earn over $100,000. 6.1% of residents live below poverty line versus the 9.0% in the state that are below this line. The cost of living index is 85.3. The educational breakdown is 92.7% have a high school education or higher, 8.5% have a bachelor's degree or higher, and 0.0% have some kind of profesional degree.
This area has 135 households and the average size is 2.6 people. Individuals who are single and have never been married are 19.6%, 61.4% are now married, 0.0% are separated, 4.4% are widowed, and 14.6% 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 12.5%.
The estimated median value of houses and condos is $112,565. The median monthly owner costs of mortgage holders was $971, where as the costs for those who don't have a mortgage are $461. The median number of rooms in houses and condos are 7.3 versus apartments which had a median number of 7.6.
The real estate tax percent rate is 0.8% which equated to an average real estate tax amount payment of $868. 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 $875. Conversely, the median housing property tax percent for residents who don't have mortgages was 0.9% which amounted to an average tax amount of $859. Reported taxable interest for persons was $1,357, dividends $625, capital gains +$1,900, and itemized deductions $18,525. The average earned income tax credit is $2,050. The percent of individuals that use a tax preparer is 81.3%. The total average income taxes paid by individuals was $13,033. Businesses reported an average profit of $4,154.
Mama's G Bar
286 Knudson St, Morgan, MN 56266 (6.2 miles away)
Vesta Cafe
30362 Ideal Ave, Wabasso, MN 56293 (10.7 miles away)
Cafxc3xa9 by Country Kitchen
1201 E Bridge St, Redwood Falls, MN 56283 (11.6 miles away)
Tommy's Central Street Steak House
8 W Central St, Springfield, MN 56087 (11.7 miles away)
Hot Rod's
101 N Main St, Morton, MN 56270 (11.9 miles away)
Franklin Depot
343 2nd Ave E, Franklin, MN 55333 (12.7 miles away)
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