Interested in purchasing investment houses in the 56350 zip code in Mc Grath, MN?
The zip code 56350 is in Aitkin county with a latitude of -93.234930000000 and longitude of 46.315750000000, is in the state of Minnesota. The average asking price of houses and condos is $73,857.00 and the average sale price was $106,014.00. this regions is classified as the Minneapolis - Saint Paul metro area and is in the 320 area code. The location in degrees is 46° 18' 56.7" N, 93° 14' 5.748" W. The county F.I.P.S. is 27001. The total land area is 229.1 square miles and the water area is 0.4 square miles. The elevation in this area is 1260 - 1339 feet. The zip code is on central standard time and observes daylight savings time.
The zip 56350 is in county number 001 and is L. Sector 01, L. Segment 01, H. Sector 96, and H. Segment 96. The population was 512 in 2019 and 570 in 2010. This further breaks down to 289 males (56.4%) and 223 females (43.6%). The median age of residents is 44.9 years. The population density (people per square mile) is 2. This zip code has a combined total of 507 houses and condos. There are 20 rented appartments. 9% of residents rent versus the 9% 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 $33,525 and the average salary is $31,959. The median household income of individuals is $36,654.00 and the average is $44,050.00. This zip code has a mean commute time to work of 50.4 minutes. The unemployment rate is 1.7%. Income earners by percent breakdown as 64.60% (Under $50,000), 25.70% ($50,000-$100,000), and 9.70% earn over $100,000. 14.9% of residents live below poverty line versus the 9.0% in the state that are below this line. The cost of living index is 88.6. The educational breakdown is 80.1% have a high school education or higher, 5.6% have a bachelor's degree or higher, and 1.5% have some kind of profesional degree.
This area has 256 households and the average size is 2.4 people. Individuals who are single and have never been married are 28.3%, 56.1% are now married, 0.4% are separated, 2.2% are widowed, and 13.0% are divorced. The average yearly contribution amount given by people to charity was $1,275 versus the state average of $3,948. The percent of residents who gave to charity was 16.7%.
The estimated median value of houses and condos is $171,059. The median monthly owner costs of mortgage holders was $1,376, where as the costs for those who don't have a mortgage are $428. The median number of rooms in houses and condos are 6.1 versus apartments which had a median number of 6.0.
The real estate tax percent rate is 0.6% which equated to an average real estate tax amount payment of $961. 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 0.5% which amounted to an average tax amount of $905. 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 $1,062. Reported taxable interest for persons was $480 and itemized deductions $21,367. The average earned income tax credit is $2,300. The percent of individuals that use a tax preparer is 62.5%. The total average income taxes paid by individuals was $4,567. Businesses reported an average profit of $4,300.
Jack's Shack
21049 220th St, Mc Grath, MN 56350
Pour Leweys
104 S Highway 65, Mc Grath, MN 56350
1865 Country Corner
14072 State Highway 65, Mc Grath, MN 56350
Woodland One Stop
3603 Highway 65, Isle, MN 56342 (5 miles away)
Wahkon Inn Bar & Restaurant
235 N Main St, Wahkon, MN 56386 (8.1 miles away)
Bayview Bar & Grill
39497 92nd Ave, Onamia, MN 56359 (16.5 miles away)
Finlayson Cafe
6501 School St N, Finlayson, MN 55735 (21 miles away)
North Wood Steak House
2732 Highway 65, Mora, MN 55051 (21.1 miles away)
Svoboda's Spotlite Family
9563 Madison St, Garrison, MN 56450 (22 miles away)
Off the Road Ba and Grill
201 2nd Ave N, Brook Park, MN 55007 (22.5 miles away)
The Tuscany Room
210 Minnesota Ave N, Aitkin, MN 56431 (23.4 miles away)