Interested in purchasing investment houses in the 56283 zip code in Redwood Falls, MN?
The zip code 56283 is in both Redwood and Renville counties with a latitude of -95.142080000000 and longitude of 44.532760000000, is in the state of Minnesota. The average asking price of houses and condos is $111,676.00 and the average sale price was $156,172.00. this regions is classified as the Minneapolis - Saint Paul metro area and is in the 507 area code. The location in degrees is 44° 31' 57.936" N, 95° 8' 31.488" W. The county F.I.P.S. is 27127. This zip code contains two cities including Redwood Falls, MN (3.02%), and Delhi, MN (0.43%) The total land area is 177.1 square miles and the water area is 1.0 square miles. The elevation in this area is 902 - 1096 feet. The zip code is on central standard time and observes daylight savings time.
The zip 56283 is in county number 129 and is L. Sector 92, L. Segment 01, H. Sector 01, and H. Segment 01. The population was 6,378 in 2019 and 6,636 in 2010. Of this, the break down in 2019 was 4,697 urban and 1,680 rural. This further breaks down to 3,258 males (51.1%) and 3,120 females (48.9%). The median age of residents is 41.5 years. The population density (people per square mile) is 36. This zip code has a combined total of 2,994 houses and condos. There are 745 rented appartments. 28% of residents rent versus the 28% 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 $52,247 and the average salary is $36,963. The median household income of individuals is $49,668.00 and the average is $59,380.00. This zip code has a mean commute time to work of 14.8 minutes. The unemployment rate is 1.6%. Income earners by percent breakdown as 50.40% (Under $50,000), 36.40% ($50,000-$100,000), and 13.30% earn over $100,000. 9.4% of residents live below poverty line versus the 9.0% in the state that are below this line. The cost of living index is 75.6. The educational breakdown is 92.1% have a high school education or higher, 21.8% have a bachelor's degree or higher, and 5.6% have some kind of profesional degree.
This area has 2,823 households and the average size is 2.4 people. Individuals who are single and have never been married are 30.7%, 52.9% are now married, 0.9% are separated, 5.3% are widowed, and 10.3% are divorced. The average yearly contribution amount given by people to charity was $4,067 versus the state average of $3,948. The percent of residents who gave to charity was 21.4%.
The estimated median value of houses and condos is $132,800. The median monthly owner costs of mortgage holders was $1,087, where as the costs for those who don't have a mortgage are $440. The median number of rooms in houses and condos are 7.1 versus apartments which had a median number of 4.7.
The real estate tax percent rate is 1.0% which equated to an average real estate tax amount payment of $1,282. 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 0.9% which amounted to an average tax amount of $1,342. Conversely, the median housing property tax percent for residents who don't have mortgages was 1.0% which amounted to an average tax amount of $1,207. Reported taxable interest for persons was $1,714, dividends $2,553, capital gains +$9,626, and itemized deductions $21,494. The average earned income tax credit is $1,976. The percent of individuals that use a tax preparer is 73.3%. The total average income taxes paid by individuals was $9,562. Businesses reported an average profit of $10,371.
Cafxc3xa9 by Country Kitchen
1201 E Bridge St, Redwood Falls, MN 56283
Freedom Bar & Grill
101 Front St E, Redwood Falls, MN 56283
Aloha Family Restaurant
555 Front St E, Redwood Falls, MN 56283
Plaza Garibaldi Mexican Restaurant
1211 E Bridge St, Redwood Falls, MN 56283
El Herradero Mexican Grill
1221 E Bridge St, Redwood Falls, MN 56283
Four Seas Chinese Restaurant
616 E Bridge St, Redwood Falls, MN 56283
HomeTown Buffet
Redwood Falls, MN 56283
P and K's
416 E Bridge St, Redwood Falls, MN 56283
P & K's
34098 County Highway 101, Redwood Falls, MN 56283
Jan's Place
131 N Drury St, Redwood Falls, MN 56283
Duffy's Riverside Saloon
110 Front St, Redwood Falls, MN 56283
Morgan's Deli & Catering
248 E 2nd St, Redwood Falls, MN 56283
Calf Fiend Cafe
220 E 2nd St, Redwood Falls, MN 56283
Chumly's Burger & Brew
1311 E Bridge St, Redwood Falls, MN 56283
Barney's Burger & Brew
101 Front St E, Redwood Falls, MN 56283
Dari King
711 E Bridge St, Redwood Falls, MN 56283
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