Interested in purchasing investment houses in the 56363 zip code in Pease, MN?
The zip code 56363 is in Mille Lacs county with a latitude of -93.649840000000 and longitude of 45.696670000000, is in the state of Minnesota. The average asking price of houses and condos is $20,000.00 and the average sale price was $41,000.00. this regions is classified as the Minneapolis - Saint Paul metro area and is in the 320 area code. The location in degrees is 45° 41' 48.012" N, 93° 38' 59.424" W. The county F.I.P.S. is 27095. The total land area is 0.4 square miles and the water area is 0.0 square miles. The elevation in this area is 1047 - 1047 feet. The zip code is on central standard time and observes daylight savings time.
The zip 56363 is in county number 095 and is L. Sector 00, L. Segment 01, H. Sector 90, and H. Segment 90. The population was 172 in 2019. This further breaks down to 100 males (57.9%) and 72 females (42.1%). The median age of residents is 33.4 years. The population density (people per square mile) is 449. This zip code has a combined total of 71 houses and condos. There are 25 rented appartments. 44% of residents rent versus the 44% of residents in the state who rent.
The financial status of those living in this area is considered lower middle class.
The average individual salary is $28,500. The median household income of individuals is $46,864.00. This zip code has a mean commute time to work of 42.6 minutes. The unemployment rate is 1.0%. Income earners by percent breakdown as 53.70% (Under $50,000), 35.40% ($50,000-$100,000), and 11.00% earn over $100,000. 26.3% of residents live below poverty line versus the 9.0% in the state that are below this line. The cost of living index is 86.9. The educational breakdown is 93.4% have a high school education or higher, 8.6% have a bachelor's degree or higher, and 1.0% have some kind of profesional degree.
This area has 54 households and the average size is 3.0 people. Individuals who are single and have never been married are 29.7%, 44.8% are now married, 0.7% are separated, 10.9% are widowed, and 14.0% are divorced.
The estimated median value of houses and condos is $168,626. The median monthly owner costs of mortgage holders was $1,000, where as the costs for those who don't have a mortgage are $395. The median number of rooms in houses and condos are 6.0 versus apartments which had a median number of 4.9.
The real estate tax percent rate is 0.8% which equated to an average real estate tax amount payment of $1,266. 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 $1,408. Conversely, the median housing property tax percent for residents who don't have mortgages was 0.5% which amounted to an average tax amount of $803. Reported taxable interest for persons was $300 and itemized deductions $12,143. The average earned income tax credit is $1,385.
Pease Cafe
212 Central Ave S, Pease, MN 56363
Foreston Liquor Store
196 Washington Ave, Foreston, MN 56330 (2.4 miles away)
Daddio's Drive In
860 Central Ave N, Milaca, MN 56353 (5.7 miles away)
Kountry Kettle
1683 Wall Ave, Bock, MN 56313 (7.5 miles away)
Frontier Steak House
905 S Rum River Dr, Princeton, MN 55371 (8.1 miles away)
Full Throttle
32992 Nature Rd, Foley, MN 56329 (13 miles away)
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