Interested in purchasing investment houses in the 56288 zip code in Spicer, MN?
The zip code 56288 is in Kandiyohi county with a latitude of -94.952430000000 and longitude of 45.241790000000, is in the state of Minnesota. The average asking price of houses and condos is $349,000.00 and the average sale price was $147,750.00. this regions is classified as the Minneapolis - Saint Paul metro area and is in the 320 area code. The location in degrees is 45° 14' 30.444" N, 94° 57' 8.748" W. The county F.I.P.S. is 27067. This zip code contains two cities including Spicer, MN (1.81%), and New London, MN (0.26%) The total land area is 46.9 square miles and the water area is 16.6 square miles. The elevation in this area is 1139 - 1303 feet. The zip code is on central standard time and observes daylight savings time.
The zip 56288 is in county number 067 and is L. Sector 00, L. Segment 01, H. Sector 16, and H. Segment 16. The population was 4,769 in 2019 and 4,696 in 2010. Of this, the break down in 2019 was 1,824 urban and 2,944 rural. This further breaks down to 2,399 males (50.3%) and 2,370 females (49.7%). The median age of residents is 51.6 years. The population of the greater Willmar, MN area is 41,326. The population density (people per square mile) is 102. This zip code has a combined total of 2,943 houses and condos. There are 210 rented appartments. 10% of residents rent versus the 10% of residents in the state who rent.
The financial status of those living in this area is considered middle class. The average individual gross adjusted income is $85,531 and the average salary is $55,496. The median household income of individuals is $57,276.00 and the average is $99,640.00. This zip code has a mean commute time to work of 21.0 minutes. The unemployment rate is 0.9%. Income earners by percent breakdown as 43.10% (Under $50,000), 38.90% ($50,000-$100,000), and 17.90% earn over $100,000. 3.7% of residents live below poverty line versus the 9.0% in the state that are below this line. The cost of living index is 87.9. The educational breakdown is 97.8% have a high school education or higher, 36.1% have a bachelor's degree or higher, and 12.4% have some kind of profesional degree.
This area has 1,973 households and the average size is 2.3 people. Individuals who are single and have never been married are 18.3%, 66.1% are now married, 1.0% are separated, 4.8% are widowed, and 9.9% are divorced. The average yearly contribution amount given by people to charity was $6,329 versus the state average of $3,948. The percent of residents who gave to charity was 44.5%.
The estimated median value of houses and condos is $307,066. The median monthly owner costs of mortgage holders was $1,601, where as the costs for those who don't have a mortgage are $687. The median number of rooms in houses and condos are 7.3 versus apartments which had a median number of 4.4.
The real estate tax percent rate is 0.9% which equated to an average real estate tax amount payment of $2,811. 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 $2,620. 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 $3,374. Reported taxable interest for persons was $2,435, dividends $6,120, capital gains +$19,616, and itemized deductions $29,435. The average earned income tax credit is $1,675. The percent of individuals that use a tax preparer is 71.4%. The total average income taxes paid by individuals was $13,303. Businesses reported an average profit of $13,270.
Blue Sky
194 Progress Way, Spicer, MN 56288
Michaels Supper Club
194 Progress Way, Spicer, MN 56288
El Conquistador
118 Lake Ave N, Spicer, MN 56288
Indulge Steak House
194 Progress Way, Spicer, MN 56288
Westwood Cafe
142 Lake Ave N, Spicer, MN 56288
Zorbaz
159 Lake Ave S, Spicer, MN 56288
Little Crow Dining Room
15980 Highway 23 NE, Spicer, MN 56288
Bello Cucina
13383 44th St NE, Spicer, MN 56288
Coffee & More
202 Progress Way, Spicer, MN 56288
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