Interested in purchasing investment houses in the 56458 zip code in Lake George, MN?
The zip code 56458 is in Hubbard county with a latitude of -94.989680000000 and longitude of 47.199110000000, is in the state of Minnesota. The average asking price of houses and condos is $175,714.00 and the average sale price was $120,554.00. this regions is classified as the Minneapolis - Saint Paul metro area and is in the 218 area code. The location in degrees is 47° 11' 56.796" N, 94° 59' 22.848" W. The county F.I.P.S. is 27057. The total land area is 25.1 square miles and the water area is 2.2 square miles. The elevation in this area is 1414 - 1539 feet. The zip code is on central standard time and observes daylight savings time.
The zip 56458 is in county number 057 and is L. Sector 02, L. Segment 06, H. Sector 29, and H. Segment 29. The population was 431 in 2019 and 357 in 2010. This further breaks down to 222 males (51.5%) and 209 females (48.5%). The median age of residents is 53.0 years. The population density (people per square mile) is 17. This zip code has a combined total of 304 houses and condos. There are 28 rented appartments. 16% of residents rent versus the 16% 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 $41,642 and the average salary is $39,757. The median household income of individuals is $43,618.00 and the average is $50,140.00. This zip code has a mean commute time to work of 26.1 minutes. The unemployment rate is 7.0%. Income earners by percent breakdown as 58.70% (Under $50,000), 29.30% ($50,000-$100,000), and 12.00% earn over $100,000. 4.1% of residents live below poverty line versus the 9.0% in the state that are below this line. The cost of living index is 86.9. The educational breakdown is 97.3% have a high school education or higher, 22.2% have a bachelor's degree or higher, and 6.5% have some kind of profesional degree.
This area has 158 households and the average size is 2.5 people. Individuals who are single and have never been married are 24.6%, 57.7% are now married, 0.0% are separated, 6.2% are widowed, and 11.6% are divorced. The average yearly contribution amount given by people to charity was $2,125 versus the state average of $3,948. The percent of residents who gave to charity was 21.1%.
The estimated median value of houses and condos is $191,073. The median monthly owner costs of mortgage holders was $1,450, where as the costs for those who don't have a mortgage are $399. The median number of rooms in houses and condos are 6.3 versus apartments which had a median number of 4.8.
The real estate tax percent rate is 0.7% which equated to an average real estate tax amount payment of $1,428. 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 $1,651. 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 $1,236. Reported taxable interest for persons was $533, dividends $200, and itemized deductions $20,400. The average earned income tax credit is $1,967. The percent of individuals that use a tax preparer is 63.2%. The total average income taxes paid by individuals was $5,540. Businesses reported an average profit of $3,967.
Lake George Cafe
37550 Night Hawk Rd, Lake George, MN 56458
Popple Bar
230 Central Ave S, Laporte, MN 56461 (10.7 miles away)
Y Steak House
19134 Us 71, Park Rapids, MN 56470 (19.2 miles away)
Brauhaus German Restaurant & Lounge
28234 State 34, Akeley, MN 56433 (19.8 miles away)
Pike Hole Bar & Grill
24896 Power Dam Rd NE, Cass Lake, MN 56633 (20.6 miles away)
Iron Horse Bar & Grill
120 Bunyan Trails Dr, Nevis, MN 56467 (20.9 miles away)