Interested in purchasing investment houses in the 56227 zip code in Correll, MN?
The zip code 56227 is in Big Stone county with a latitude of -96.165910000000 and longitude of 45.292780000000, is in the state of Minnesota. The average asking price of houses and condos is $55,000.00 and the average sale price was $34,663.00. this regions is classified as the Minneapolis - Saint Paul metro area and is in the 320 area code. The location in degrees is 45° 17' 34.008" N, 96° 9' 57.276" W. The county F.I.P.S. is 27011. The total land area is 65.9 square miles and the water area is 7.7 square miles. The elevation in this area is 942 - 1148 feet. The zip code is on central standard time and observes daylight savings time.
The zip 56227 is in county number 011 and is L. Sector 01, L. Segment 00, H. Sector 60, and H. Segment 60. The population was 207 in 2019 and 223 in 2010. This further breaks down to 98 males (47.3%) and 109 females (52.7%). The median age of residents is 49.3 years. The population density (people per square mile) is 3. This zip code has a combined total of 125 houses and condos. There are 10 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 $44,500 and the average salary is $41,086. The median household income of individuals is $38,291.00. This zip code has a mean commute time to work of 26.4 minutes. The unemployment rate is 2.1%. Income earners by percent breakdown as 68.40% (Under $50,000), 26.50% ($50,000-$100,000), and 5.10% earn over $100,000. 8.4% of residents live below poverty line versus the 9.0% in the state that are below this line. The cost of living index is 83.7. The educational breakdown is 96.8% have a high school education or higher, 13.0% have a bachelor's degree or higher, and 2.0% have some kind of profesional degree.
This area has 106 households and the average size is 2.4 people. Individuals who are single and have never been married are 25.8%, 62.8% are now married, 1.1% are separated, 7.4% are widowed, and 2.9% are divorced.
The estimated median value of houses and condos is $122,074. The median monthly owner costs of mortgage holders was $874, where as the costs for those who don't have a mortgage are $403. The median number of rooms in houses and condos are 6.4 versus apartments which had a median number of 7.0.
The real estate tax percent rate is 0.6% which equated to an average real estate tax amount payment of $772. 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 1.1% which amounted to an average tax amount of $1,390. Conversely, the median housing property tax percent for residents who don't have mortgages was 0.7% which amounted to an average tax amount of $691. Reported taxable interest for persons was $400. The average earned income tax credit is $1,538. The percent of individuals that use a tax preparer is 63.6%.
Peg's Place
135 N Miles St, Appleton, MN 56208 (10.6 miles away)
Meraki Diner
206 Main Ave, Bellingham, MN 56212 (11.8 miles away)
Good Ol' Days Cafe
131 Rand St, Holloway, MN 56249 (12.7 miles away)
Lakewood Supper Club
74535 367th St, Ortonville, MN 56278 (14.1 miles away)
Club 7-75
66844 State Highway 7, Odessa, MN 56276 (15.6 miles away)
Main Street Diner
131 Main St, Clinton, MN 56225 (16.5 miles away)