Interested in purchasing investment houses in the 56355 zip code in Nelson, MN?
The zip code 56355 is in Douglas county with a latitude of -95.235570000000 and longitude of 45.939980000000, is in the state of Minnesota. The average asking price of houses and condos is $107,000.00 and the average sale price was $115,231.00. this regions is classified as the Minneapolis - Saint Paul metro area and is in the 320 area code. The location in degrees is 45° 56' 23.928" N, 95° 14' 8.052" W. The county F.I.P.S. is 27041. The total land area is 25.9 square miles and the water area is 0.2 square miles. The elevation in this area is 1362 - 1404 feet. The zip code is on central standard time and observes daylight savings time.
The zip 56355 is in county number 041 and is L. Sector 00, L. Segment 01, H. Sector 88, and H. Segment 88. The population was 532 in 2019 and 579 in 2010. This further breaks down to 285 males (53.5%) and 247 females (46.5%). The median age of residents is 53.0 years. The population of the greater Alexandria, MN area is 36,923. The population density (people per square mile) is 21. This zip code has a combined total of 239 houses and condos. There are 31 rented appartments. 14% of residents rent versus the 14% 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 $44,793 and the average salary is $36,142. The median household income of individuals is $47,375.00 and the average is $58,080.00. This zip code has a mean commute time to work of 22.7 minutes. The unemployment rate is 2.3%. Income earners by percent breakdown as 52.40% (Under $50,000), 37.60% ($50,000-$100,000), and 10.00% earn over $100,000. 10.1% 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 95.6% have a high school education or higher, 10.7% have a bachelor's degree or higher, and 1.3% have some kind of profesional degree.
This area has 223 households and the average size is 2.3 people. Individuals who are single and have never been married are 15.5%, 69.3% are now married, 0.0% are separated, 3.8% are widowed, and 11.5% are divorced. The average yearly contribution amount given by people to charity was $2,280 versus the state average of $3,948. The percent of residents who gave to charity was 17.2%.
The estimated median value of houses and condos is $205,558. The median monthly owner costs of mortgage holders was $1,409, where as the costs for those who don't have a mortgage are $583. The median number of rooms in houses and condos are 6.9 versus apartments which had a median number of 6.0.
The real estate tax percent rate is 0.8% which equated to an average real estate tax amount payment of $1,621. 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 0.8% which amounted to an average tax amount of $1,600. 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 $1,643. Reported taxable interest for persons was $444, dividends $1,300, capital gains +$2,375, and itemized deductions $14,950. The average earned income tax credit is $2,733. The percent of individuals that use a tax preparer is 72.4%. The total average income taxes paid by individuals was $5,090. Businesses reported an average profit of $8,200.
Corral Bar
Nelson, MN 56355
Corral Saloon & Eatery
117 N Nelson St, Nelson, MN 56355
Diamond Jim's On & Off Sales
221 N Nelson St, Nelson, MN 56355
Herby's Bar Grill & Cafe
211 Main Ave, Carlos, MN 56319 (4.3 miles away)
Osakis Liquor Store
Osakis, MN 56360 (6.5 miles away)
Bella Cucina
319 Broadway St, Alexandria, MN 56308 (7.8 miles away)
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