Interested in purchasing investment houses in the 56465 zip code in Merrifield, MN?
The zip code 56465 is in Crow Wing county with a latitude of -94.112150000000 and longitude of 46.535280000000, is in the state of Minnesota. The average asking price of houses and condos is $392,612.00 and the average sale price was $160,488.00. this regions is classified as the Minneapolis - Saint Paul metro area and is in the 218 area code. The location in degrees is 46° 32' 7.008" N, 94° 6' 43.74" W. The county F.I.P.S. is 27035. The total land area is 38.8 square miles and the water area is 13.7 square miles. The elevation in this area is 1211 - 1221 feet. The zip code is on central standard time and observes daylight savings time.
The zip 56465 is in county number 035 and is L. Sector 00, L. Segment 01, H. Sector 23, and H. Segment 23. The population was 2,119 in 2019 and 2,062 in 2010. This further breaks down to 1,147 males (54.1%) and 972 females (45.9%). The median age of residents is 55.4 years. The population of the greater Brainerd, MN area is 91,564. The population density (people per square mile) is 55. This zip code has a combined total of 1,811 houses and condos. There are 38 rented appartments. 4% of residents rent versus the 4% 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 $61,117 and the average salary is $42,713. The median household income of individuals is $48,649.00 and the average is $70,800.00. This zip code has a mean commute time to work of 29.4 minutes. The unemployment rate is 1.8%. Income earners by percent breakdown as 51.30% (Under $50,000), 34.90% ($50,000-$100,000), and 13.80% earn over $100,000. 4.3% of residents live below poverty line versus the 9.0% in the state that are below this line. The cost of living index is 89.4. The educational breakdown is 97.5% have a high school education or higher, 23.4% have a bachelor's degree or higher, and 6.0% have some kind of profesional degree.
This area has 866 households and the average size is 2.3 people. Individuals who are single and have never been married are 17.5%, 66.6% are now married, 0.5% are separated, 5.5% are widowed, and 9.9% are divorced. The average yearly contribution amount given by people to charity was $2,814 versus the state average of $3,948. The percent of residents who gave to charity was 34.6%.
The estimated median value of houses and condos is $257,860. The median monthly owner costs of mortgage holders was $1,452, where as the costs for those who don't have a mortgage are $433. The median number of rooms in houses and condos are 6.4 versus apartments which had a median number of 4.8.
The real estate tax percent rate is 0.6% which equated to an average real estate tax amount payment of $1,461. 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 0.6% which amounted to an average tax amount of $1,497. 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 $1,400. Reported taxable interest for persons was $1,230, dividends $2,992, capital gains +$12,445, and itemized deductions $23,643. The average earned income tax credit is $1,721. The percent of individuals that use a tax preparer is 55.8%. The total average income taxes paid by individuals was $9,145. Businesses reported an average profit of $10,095.
Bobber's Restaurant & Barbeque
26020 County Road 3, Merrifield, MN 56465
Northwoods Inne
26020 County Road 3, Merrifield, MN 56465
Harpo's
21560 County Road 3, Merrifield, MN 56465
Valeri Ann's Family Foods
26025 Hwy 3, Merrifield, MN 56465
Mission Tavern
13036 Sw Horseshoe Lake Rd # 1, Merrifield, MN 56465
Half Moon Saloon
22545 County Road 3, Merrifield, MN 56465
Merrifield Diner
21735 County Road 3, Merrifield, MN 56465