Interested in purchasing investment houses in the 56431 zip code in Aitkin, MN?
The zip code 56431 is in both Aitkin and Crow Wing counties with a latitude of -93.642700000000 and longitude of 46.481990000000, is in the state of Minnesota. The average asking price of houses and condos is $158,540.00 and the average sale price was $122,542.00. this regions is classified as the Minneapolis - Saint Paul metro area and is in the 218 area code. The location in degrees is 46° 28' 55.164" N, 93° 38' 33.72" W. The county F.I.P.S. is 27001. This zip code contains three cities including Aitkin, MN (0.38%), Cuyuna, MN (0.01%), and Garrison, MN (0.00%) The total land area is 451.9 square miles and the water area is 130.6 square miles. The elevation in this area is 1194 - 1348 feet. The zip code is on central standard time and observes daylight savings time.
The zip 56431 is in county number 035 and is L. Sector 88, L. Segment 01, H. Sector 01, and H. Segment 01. The population was 8,873 in 2019 and 8,931 in 2010. This further breaks down to 4,470 males (50.4%) and 4,403 females (49.6%). The median age of residents is 56.4 years. The population density (people per square mile) is 20. This zip code has a combined total of 8,591 houses and condos. There are 801 rented appartments. 19% of residents rent versus the 19% 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 $47,123 and the average salary is $37,755. The median household income of individuals is $42,192.00 and the average is $57,620.00. This zip code has a mean commute time to work of 24.9 minutes. The unemployment rate is 3.8%. Income earners by percent breakdown as 57.90% (Under $50,000), 31.90% ($50,000-$100,000), and 10.20% earn over $100,000. 10.7% of residents live below poverty line versus the 9.0% in the state that are below this line. The cost of living index is 88.4. The educational breakdown is 92.6% have a high school education or higher, 21.0% have a bachelor's degree or higher, and 6.8% have some kind of profesional degree.
This area has 3,980 households and the average size is 2.0 people. Individuals who are single and have never been married are 19.6%, 61.3% are now married, 0.9% are separated, 7.7% are widowed, and 10.5% are divorced. The average yearly contribution amount given by people to charity was $3,023 versus the state average of $3,948. The percent of residents who gave to charity was 24.8%.
The estimated median value of houses and condos is $214,183. The median monthly owner costs of mortgage holders was $1,237, where as the costs for those who don't have a mortgage are $423. The median number of rooms in houses and condos are 6.2 versus apartments which had a median number of 4.3.
The real estate tax percent rate is 0.5% which equated to an average real estate tax amount payment of $1,047. 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 $972. 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 $1,146. Reported taxable interest for persons was $1,572, dividends $3,052, capital gains +$8,398, and itemized deductions $20,534. The average earned income tax credit is $1,871. The percent of individuals that use a tax preparer is 60.0%. The total average income taxes paid by individuals was $6,702. Businesses reported an average profit of $8,000.
The Tuscany Room
210 Minnesota Ave N, Aitkin, MN 56431
Coach's Corner
210 4th St NW, Aitkin, MN 56431
Roadside Restaurants
306 2nd St NE, Aitkin, MN 56431
40 Club Restaurant & Bar
950 2nd St NW, Aitkin, MN 56431
Dq
221 2nd St NE, Aitkin, MN 56431
Palisade Cafe
210 Main, Aitkin, MN 56431
The Pine Inn
27805 State Highway 47, Aitkin, MN 56431
Sunrise Cafe
22167 State Highway 47, Aitkin, MN 56431
Block North Brew Pub
302 Minnesota Ave N, Aitkin, MN 56431
Rosallini's
119 Minnesota Ave N, Aitkin, MN 56431
May Zee's
216 Minnesota Ave N, Aitkin, MN 56431
Gramma's Pantry
223 Minnesota Ave N, Aitkin, MN 56431
Landing
170 Southgate Dr, Aitkin, MN 56431
The Joint
26838 US Highway 169, Aitkin, MN 56431
The Waypoint Cafe
38421 State Highway 18, Aitkin, MN 56431
Peet's Coffee & Tea
171 Red Oak Dr, Aitkin, MN 56431
Birchwood Cafe
120 Minnesota Ave N, Aitkin, MN 56431
Beanery Cafe & Internet
209 Minnesota Ave N, Aitkin, MN 56431
Zig's
25039 Tame Fish Lake Rd, Deerwood, MN 56444 (11.7 miles away)