Interested in purchasing investment houses in the 56516 zip code in Bejou, MN?
The zip code 56516 is in Mahnomen county with a latitude of -95.976040000000 and longitude of 47.441880000000, is in the state of Minnesota. The average asking price of houses and condos is $105,631.00 and the average sale price was $100,071.00. this regions is classified as the Fargo - Valley City metro area and is in the 218 area code. The location in degrees is 47° 26' 30.768" N, 95° 58' 33.744" W. The county F.I.P.S. is 27087. The total land area is 80.2 square miles and the water area is 0.7 square miles. The elevation in this area is 1188 - 1342 feet. The zip code is on central standard time and observes daylight savings time.
The zip 56516 is in county number 107 and is L. Sector 94, L. Segment 01, H. Sector 01, and H. Segment 01. The population was 295 in 2019 and 294 in 2010. This further breaks down to 148 males (50.3%) and 146 females (49.7%). The median age of residents is 46.2 years. The population density (people per square mile) is 4. This zip code has a combined total of 138 houses and condos. There are 13 rented appartments. 12% of residents rent versus the 12% 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 $40,315 and the average salary is $27,200. The median household income of individuals is $37,619.00 and the average is $50,700.00. This zip code has a mean commute time to work of 18.5 minutes. The unemployment rate is 0.7%. Income earners by percent breakdown as 68.20% (Under $50,000), 23.60% ($50,000-$100,000), and 8.20% earn over $100,000. 8.2% of residents live below poverty line versus the 9.0% in the state that are below this line. The cost of living index is 84.7. The educational breakdown is 92.7% have a high school education or higher, 18.9% have a bachelor's degree or higher, and 1.6% have some kind of profesional degree.
This area has 116 households and the average size is 2.7 people. Individuals who are single and have never been married are 28.0%, 60.3% are now married, 0.8% are separated, 7.3% are widowed, and 3.5% are divorced.
The estimated median value of houses and condos is $132,690. The median monthly owner costs of mortgage holders was $1,213, where as the costs for those who don't have a mortgage are $467. The median number of rooms in houses and condos are 7.0 versus apartments which had a median number of 5.6.
The real estate tax percent rate is 0.9% which equated to an average real estate tax amount payment of $1,150. 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 $1,180. Conversely, the median housing property tax percent for residents who don't have mortgages was 0.8% which amounted to an average tax amount of $1,131. Reported taxable interest for persons was $540 and itemized deductions $14,700. The average earned income tax credit is $1,793. The percent of individuals that use a tax preparer is 76.9%. Businesses reported an average profit of $2,000.
Stump's Bar & Grill
500 Main St, Bejou, MN 56516
D & G Lounge
500 Main St, Bejou, MN 56516
Moran's Supper Club & Lounge
218 N Borud St, Winger, MN 56592 (6.5 miles away)
Whispering Winds
777 SE Casino Rd, Mahnomen, MN 56557 (8.3 miles away)
Ventures Bar & Grill
104 Amber Ave S, Fosston, MN 56542 (13.2 miles away)
Gary Cafe
99 Thorpe St, Gary, MN 56545 (13.8 miles away)
Side Street Bar N Grill
103 Lincoln Ave NE, Fertile, MN 56540 (14.5 miles away)
Duffers Sports Bar & Grill
22852 350th St SE, Erskine, MN 56535 (15 miles away)