Interested in purchasing investment houses in the 56318 zip code in Burtrum, MN?
The zip code 56318 is in both Todd and Morrison counties with a latitude of -94.672280000000 and longitude of 45.854420000000, is in the state of Minnesota. The average asking price of houses and condos is $180,538.00 and the average sale price was $143,474.00. this regions is classified as the Minneapolis - Saint Paul metro area and is in the 320 area code. The location in degrees is 45° 51' 15.912" N, 94° 40' 20.208" W. The county F.I.P.S. is 27153. This zip code contains two cities including Burtrum, MN (1.28%), and Upsala, MN (1.23%) The total land area is 39.9 square miles and the water area is 4.2 square miles. The elevation in this area is 1204 - 1309 feet. The zip code is on central standard time and observes daylight savings time.
The zip 56318 is in county number 097 and is L. Sector 88, L. Segment 01, H. Sector 01, and H. Segment 01. The population was 1,059 in 2019 and 1,238 in 2010. This further breaks down to 525 males (49.6%) and 533 females (50.4%). The median age of residents is 48.9 years. The population density (people per square mile) is 27. This zip code has a combined total of 795 houses and condos. There are 35 rented appartments. 8% of residents rent versus the 8% 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 $44,978 and the average salary is $37,861. The median household income of individuals is $44,630.00 and the average is $59,930.00. This zip code has a mean commute time to work of 33.6 minutes. The unemployment rate is 1.2%. Income earners by percent breakdown as 56.20% (Under $50,000), 34.10% ($50,000-$100,000), and 9.70% earn over $100,000. 3.3% of residents live below poverty line versus the 9.0% in the state that are below this line. The cost of living index is 86.8. The educational breakdown is 93.0% have a high school education or higher, 21.4% have a bachelor's degree or higher, and 7.2% have some kind of profesional degree.
This area has 493 households and the average size is 2.4 people. Individuals who are single and have never been married are 16.2%, 74.4% are now married, 0.0% are separated, 5.3% are widowed, and 4.1% are divorced. The average yearly contribution amount given by people to charity was $2,408 versus the state average of $3,948. The percent of residents who gave to charity was 24.1%.
The estimated median value of houses and condos is $239,615. The median monthly owner costs of mortgage holders was $1,411, where as the costs for those who don't have a mortgage are $483. The median number of rooms in houses and condos are 6.8 versus apartments which had a median number of 5.6.
The real estate tax percent rate is 0.9% which equated to an average real estate tax amount payment of $2,256. 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 1.0% which amounted to an average tax amount of $2,361. 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 $2,083. Reported taxable interest for persons was $508, dividends $1,638, capital gains +$5,067, and itemized deductions $20,163. The average earned income tax credit is $1,625. The percent of individuals that use a tax preparer is 66.7%. The total average income taxes paid by individuals was $7,313. Businesses reported an average profit of $5,875.
Shipwrex on Mound Lake Grill and Bar
13218 County 103, Burtrum, MN 56318
Shady's Golden Eagle
13218 County 103, Burtrum, MN 56318
Palace Bar & Grill
32056 County 13, Burtrum, MN 56318
Red's Irish Pub
24 3rd St, Swanville, MN 56382 (5 miles away)
Aj's Restaurant
230 Central Ave, Long Prairie, MN 56347 (5.8 miles away)
Bullfrogs Bar & Grill
205 N Main St, Upsala, MN 56384 (7.9 miles away)
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