Interested in purchasing investment houses in the 56501 zip code in Detroit Lakes, MN?
The zip code 56501 is in both Becker and Otter Tail counties with a latitude of -95.809150000000 and longitude of 46.840610000000, is in the state of Minnesota. The average asking price of houses and condos is $266,489.00 and the average sale price was $72,000.00. this regions is classified as the Fargo - Valley City metro area and is in the 218 area code. The location in degrees is 46° 50' 26.196" N, 95° 48' 32.94" W. The county F.I.P.S. is 27005. The total land area is 187.0 square miles and the water area is 36.7 square miles. The elevation in this area is 1270 - 1608 feet. The zip code is on central standard time and observes daylight savings time.
The zip 56501 is in county number 111 and is L. Sector 94, L. Segment 01, H. Sector 01, and H. Segment 01. The population was 17,615 in 2019 and 16,290 in 2010. Of this, the break down in 2019 was 8,563 urban and 9,051 rural. This further breaks down to 8,565 males (48.6%) and 9,049 females (51.4%). The median age of residents is 43.1 years. The population density (people per square mile) is 94. This zip code has a combined total of 10,217 houses and condos. There are 1,983 rented appartments. 27% of residents rent versus the 27% 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 $55,546 and the average salary is $42,023. The median household income of individuals is $44,423.00 and the average is $65,630.00. This zip code has a mean commute time to work of 19.5 minutes. The unemployment rate is 2.6%. Income earners by percent breakdown as 56.00% (Under $50,000), 31.10% ($50,000-$100,000), and 12.90% earn over $100,000. 9.5% of residents live below poverty line versus the 9.0% in the state that are below this line. The cost of living index is 88.0. The educational breakdown is 95.1% have a high school education or higher, 30.9% have a bachelor's degree or higher, and 9.8% have some kind of profesional degree.
This area has 6,964 households and the average size is 2.3 people. Individuals who are single and have never been married are 26.0%, 55.2% are now married, 0.9% are separated, 7.1% are widowed, and 10.8% are divorced. The average yearly contribution amount given by people to charity was $3,899 versus the state average of $3,948. The percent of residents who gave to charity was 24.2%.
The estimated median value of houses and condos is $243,264. The median monthly owner costs of mortgage holders was $1,445, where as the costs for those who don't have a mortgage are $494. The median number of rooms in houses and condos are 6.8 versus apartments which had a median number of 4.0.
The real estate tax percent rate is 0.7% which equated to an average real estate tax amount payment of $1,740. 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 $1,732. 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 $1,762. Reported taxable interest for persons was $1,927, dividends $3,696, capital gains +$18,158, and itemized deductions $22,605. The average earned income tax credit is $2,039. The percent of individuals that use a tax preparer is 59.6%. The total average income taxes paid by individuals was $8,723. Businesses reported an average profit of $11,479.
Country Kitchen
705 Highway 10 E, Detroit Lakes, MN 56501
Sapphire sushi, hibachi and American cuisine
705 Highway 10 E, Detroit Lakes, MN 56501
Izzo's
22931 185th St, Detroit Lakes, MN 56501
Burnside's charhouse & Bar
1218 Washington Ave, Detroit Lakes, MN 56501
Northside Bar
521 Washington Ave, Detroit Lakes, MN 56501
Randy's Lake Eunice
21035 County Highway 22, Detroit Lakes, MN 56501
Main Street Restaurant
900 Washington Ave, Detroit Lakes, MN 56501
The Fireside
1462 E Shore Dr, Detroit Lakes, MN 56501
Ice House Restaurant
1155 Highway 10 E, Detroit Lakes, MN 56501
Perkins Restaurant & Bakery
990 Highway 10 W, Detroit Lakes, MN 56501
Wings & Things
2086 Elmwood Dr, Detroit Lakes, MN 56501
Papacito's Burritos
904 Mckinley Ave, Detroit Lakes, MN 56501
The Avenue Diner Lake Inn
917 Washington Ave, Detroit Lakes, MN 56501
Brygge Taps & Tastes
111 Veterans Memorial Pkwy, Detroit Lakes, MN 56501
Brassie's Bar & Grill
24591 County Highway 22, Detroit Lakes, MN 56501
Spitfire
1100 N Shore Dr, Detroit Lakes, MN 56501
Sandbar II
1150 Randolph Rd, Detroit Lakes, MN 56501
TJ's
21105 Co Hwy 22 Lake Eunice, Detroit Lakes, MN 56501
Cedarwood Family Restaurant
110 Main St W, Detroit Lakes, MN 56501
El Loro Mexican Restaurant
720 Lake Ave, Detroit Lakes, MN 56501
Curley's On Cotton Lake
20762 County Highway 29, Rochert, MN 56578 (5 miles away)
Billy's
Vergas, MN 56587 (11.4 miles away)
Hooligans Lakeside
17574 County Highway 6, Lake Park, MN 56554 (12.7 miles away)
Spanky's Stone Hearth
34785 County Highway 4, Frazee, MN 56544 (14.3 miles away)
Y Steak House
160 2nd Ave SW, Perham, MN 56573 (19.1 miles away)
Minwanjige Cafe
33287 County Highway 34, Ogema, MN 56569 (19.3 miles away)
The Pickle Factory
29961 415th St, Dent, MN 56528 (19.4 miles away)
The Muddy Moose
30 N Broadway, Pelican Rapids, MN 56572 (20.6 miles away)
The Hilltop Supper Club
2304 State Highway 113, Waubun, MN 56589 (25 miles away)
Hillbillies Vittles & Brew
521 Fergus Ave, Erhard, MN 56534 (26.5 miles away)
Backwoods BBQ
102 E Centennial 84 Dr, New York Mills, MN 56567 (26.9 miles away)
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