Interested in purchasing investment houses in the 56520 zip code in Breckenridge, MN?
The zip code 56520 is in Wilkin county with a latitude of -96.504780000000 and longitude of 46.285420000000, is in the state of Minnesota. The average asking price of houses and condos is $96,944.00 and the average sale price was $138,181.00. this regions is classified as the Fargo - Valley City metro area and is in the 218 area code. The location in degrees is 46° 17' 7.512" N, 96° 30' 17.208" W. The county F.I.P.S. is 27167. The total land area is 123.1 square miles and the water area is 0.1 square miles. The elevation in this area is 951 - 1221 feet. The zip code is on central standard time and observes daylight savings time.
The zip 56520 is in county number 167 and is L. Sector 00, L. Segment 01, H. Sector 51, and H. Segment 51. The population was 3,821 in 2019 and 3,983 in 2010. Of this, the break down in 2019 was 3,221 urban and 599 rural. This further breaks down to 1,843 males (48.2%) and 1,977 females (51.8%). The median age of residents is 44.0 years. The population of the greater Wahpeton, ND-MN area is 23,201. The population density (people per square mile) is 31. This zip code has a combined total of 1,949 houses and condos. There are 546 rented appartments. 30% of residents rent versus the 30% 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 $63,172 and the average salary is $38,542. The median household income of individuals is $48,761.00 and the average is $61,030.00. This zip code has a mean commute time to work of 11.6 minutes. The unemployment rate is 1.5%. Income earners by percent breakdown as 51.20% (Under $50,000), 38.10% ($50,000-$100,000), and 10.70% earn over $100,000. 10.1% of residents live below poverty line versus the 9.0% in the state that are below this line. The cost of living index is 75.2. The educational breakdown is 95.4% have a high school education or higher, 28.6% have a bachelor's degree or higher, and 6.9% have some kind of profesional degree.
This area has 1,654 households and the average size is 2.0 people. Individuals who are single and have never been married are 30.8%, 50.7% are now married, 0.3% are separated, 9.2% are widowed, and 9.0% are divorced. The average yearly contribution amount given by people to charity was $5,288 versus the state average of $3,948. The percent of residents who gave to charity was 20.9%.
The estimated median value of houses and condos is $154,694. The median monthly owner costs of mortgage holders was $1,128, where as the costs for those who don't have a mortgage are $402. The median number of rooms in houses and condos are 6.8 versus apartments which had a median number of 4.1.
The real estate tax percent rate is 0.8% which equated to an average real estate tax amount payment of $1,185. 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 $1,307. 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 $974. Reported taxable interest for persons was $1,897, dividends $5,109, capital gains +$20,800, and itemized deductions $25,547. The average earned income tax credit is $2,207. The percent of individuals that use a tax preparer is 67.5%. The total average income taxes paid by individuals was $13,475. Businesses reported an average profit of $8,732.
Grumpy's Bar & Grill
312 Minnesota Ave, Breckenridge, MN 56520
Wilkin Drink & Eatery
508 Minnesota Ave, Breckenridge, MN 56520
Schwan's Sales Enterprises
1340 Buffalo Ave, Breckenridge, MN 56520
Favorites Drive Thru Deli
59 Minnesota Ave, Breckenridge, MN 56520
Pizza Hut
60 Minnesota Ave, Breckenridge, MN 56520
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