Interested in purchasing investment houses in the 56448 zip code in Fifty Lakes, MN?
The zip code 56448 is in both Crow Wing and Cass counties with a latitude of -94.090420000000 and longitude of 46.768120000000, is in the state of Minnesota. The average asking price of houses and condos is $238,000.00 and the average sale price was $145,059.00. this regions is classified as the Minneapolis - Saint Paul metro area and is in the 218 area code. The location in degrees is 46° 46' 5.232" N, 94° 5' 25.512" W. The county F.I.P.S. is 27035. This zip code contains two cities including Fifty Lakes, MN (95.28%), and Emily, MN (0.63%) The total land area is 26.9 square miles and the water area is 3.4 square miles. The elevation in this area is 1266 - 1457 feet. The zip code is on central standard time and observes daylight savings time.
The zip 56448 is in county number 035 and is L. Sector 08, L. Segment 11, H. Sector 00, and H. Segment 00. The population was 304 in 2019 and 332 in 2010. This further breaks down to 161 males (53.1%) and 142 females (46.9%). The median age of residents is 64.5 years. The population of the greater Brainerd, MN area is 91,564. The population density (people per square mile) is 11. This zip code has a combined total of 656 houses and condos. There are 10 rented appartments. 7% of residents rent versus the 7% 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 $56,370 and the average salary is $37,564. The median household income of individuals is $42,175.00 and the average is $67,230.00. This zip code has a mean commute time to work of 25.5 minutes. The unemployment rate is 6.9%. Income earners by percent breakdown as 60.80% (Under $50,000), 28.70% ($50,000-$100,000), and 10.50% earn over $100,000. 14.7% of residents live below poverty line versus the 9.0% in the state that are below this line. The cost of living index is 88.1. The educational breakdown is 97.5% have a high school education or higher, 30.9% have a bachelor's degree or higher, and 6.8% have some kind of profesional degree.
This area has 156 households and the average size is 2.1 people. Individuals who are single and have never been married are 15.8%, 64.4% are now married, 1.3% are separated, 8.5% are widowed, and 10.0% are divorced. The average yearly contribution amount given by people to charity was $2,900 versus the state average of $3,948. The percent of residents who gave to charity was 30.0%.
The estimated median value of houses and condos is $315,138. The median monthly owner costs of mortgage holders was $1,541, where as the costs for those who don't have a mortgage are $486. The median number of rooms in houses and condos are 6.4 versus apartments which had a median number of 3.2.
The real estate tax percent rate is 0.7% which equated to an average real estate tax amount payment of $2,157. 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 0.7% which amounted to an average tax amount of $2,384. 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 $2,016. Reported taxable interest for persons was $1,140, dividends $1,850, capital gains +$1,650, and itemized deductions $21,388. The average earned income tax credit is $1,400. The percent of individuals that use a tax preparer is 50.0%. The total average income taxes paid by individuals was $7,625. Businesses reported an average profit of $4,767.
Maucieri's
34650 County Road 3, Crosslake, MN 56442 (5.3 miles away)
Big Al's Bar & Grill
21427 County Road 36, Emily, MN 56447 (5.6 miles away)
Preserve Restaurant & Bar
5506 Pequot Blvd, Pequot Lakes, MN 56472 (12.8 miles away)
Bobber's Restaurant & Barbeque
26020 County Road 3, Merrifield, MN 56465 (14.7 miles away)
Iron Range Eatery
6 W Main St, Crosby, MN 56441 (16.9 miles away)
Great Lakes Renewable Energy
169 County 118 NW, Backus, MN 56435 (17.8 miles away)