Interested in purchasing investment houses in the 56510 zip code in Ada, MN?
The zip code 56510 is in Norman county with a latitude of -96.525370000000 and longitude of 47.360310000000, is in the state of Minnesota. The average asking price of houses and condos is $66,750.00 and the average sale price was $29,356.00. this regions is classified as the Fargo - Valley City metro area and is in the 218 area code. The location in degrees is 47° 21' 37.116" N, 96° 31' 31.332" W. The county F.I.P.S. is 27107. The total land area is 236.0 square miles and the water area is 0.7 square miles. The elevation in this area is 866 - 1050 feet. The zip code is on central standard time and observes daylight savings time.
The zip 56510 is in county number 017 and is L. Sector 16, L. Segment 10, H. Sector 10, and H. Segment 10. The population was 2,273 in 2019 and 2,333 in 2010. This further breaks down to 1,081 males (47.6%) and 1,192 females (52.4%). The median age of residents is 42.6 years. The population density (people per square mile) is 10. This zip code has a combined total of 1,173 houses and condos. There are 226 rented appartments. 24% of residents rent versus the 24% 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 $55,623 and the average salary is $35,491. The median household income of individuals is $36,517.00 and the average is $58,980.00. This zip code has a mean commute time to work of 17.5 minutes. The unemployment rate is 3.1%. Income earners by percent breakdown as 66.00% (Under $50,000), 26.20% ($50,000-$100,000), and 7.80% earn over $100,000. 7.1% of residents live below poverty line versus the 9.0% in the state that are below this line. The cost of living index is 84.6. The educational breakdown is 95.1% have a high school education or higher, 22.9% have a bachelor's degree or higher, and 6.1% have some kind of profesional degree.
This area has 985 households and the average size is 2.3 people. Individuals who are single and have never been married are 25.3%, 55.4% are now married, 0.5% are separated, 8.7% are widowed, and 10.0% are divorced. The average yearly contribution amount given by people to charity was $3,908 versus the state average of $3,948. The percent of residents who gave to charity was 21.8%.
The estimated median value of houses and condos is $109,469. The median monthly owner costs of mortgage holders was $923, where as the costs for those who don't have a mortgage are $413. The median number of rooms in houses and condos are 7.4 versus apartments which had a median number of 4.2.
The real estate tax percent rate is 0.9% which equated to an average real estate tax amount payment of $985. 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 0.9% which amounted to an average tax amount of $993. Conversely, the median housing property tax percent for residents who don't have mortgages was 0.9% which amounted to an average tax amount of $976. Reported taxable interest for persons was $1,765, dividends $6,005, capital gains +$18,880, and itemized deductions $21,600. The average earned income tax credit is $2,088. The percent of individuals that use a tax preparer is 73.6%. The total average income taxes paid by individuals was $8,975. Businesses reported an average profit of $11,158.
The Outpost Drive In
901 E Thorpe Ave, Ada, MN 56510
Tr's Patty Shack
107 4th Ave W, Ada, MN 56510
Lana Jo's Cafe
106 4th Ave E, Ada, MN 56510
West Main Pizza
320 E Main St, Ada, MN 56510
Subway
16 E Main St, Ada, MN 56510
When my husband passed away suddenly, I was left with a home I had to sell fast. The experts from We Buy Homes dealt with me professionally, fairly, and honestly. I didn’t have to list my house and I didn’t have to deal with strangers walking through my home. And I didn’t have to pay a realtor! They handled everything and that provided the peace of mind I needed during such a difficult time. I highly recommend them!
