Interested in purchasing investment houses in the 56537 zip code in Fergus Falls, MN?
The zip code 56537 is in Otter Tail county with a latitude of -96.090400000000 and longitude of 46.276030000000, is in the state of Minnesota. The average asking price of houses and condos is $135,543.00 and the average sale price was $145,924.00. this regions is classified as the Fargo - Valley City metro area and is in the 218 area code. The location in degrees is 46° 16' 33.708" N, 96° 5' 25.44" W. The county F.I.P.S. is 27111. This zip code contains two cities including Fergus Falls, MN (5.01%), and Elizabeth, MN (0.04%) The total land area is 285.1 square miles and the water area is 21.6 square miles. The elevation in this area is 1043 - 1388 feet. The zip code is on central standard time and observes daylight savings time.
The zip 56537 is in county number 111 and is L. Sector 00, L. Segment 01, H. Sector 90, and H. Segment 90. The population was 19,043 in 2019 and 18,548 in 2010. Of this, the break down in 2019 was 13,005 urban and 6,037 rural. This further breaks down to 9,079 males (47.7%) and 9,963 females (52.3%). The median age of residents is 44.1 years. The population of the greater Fergus Falls, MN area is 56,222. The population density (people per square mile) is 67. This zip code has a combined total of 9,257 houses and condos. There are 2,612 rented appartments. 31% of residents rent versus the 31% 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 $53,277 and the average salary is $42,365. The median household income of individuals is $45,215.00 and the average is $59,840.00. This zip code has a mean commute time to work of 15.3 minutes. The unemployment rate is 2.3%. Income earners by percent breakdown as 55.00% (Under $50,000), 32.40% ($50,000-$100,000), and 12.60% earn over $100,000. 7.7% of residents live below poverty line versus the 9.0% in the state that are below this line. The cost of living index is 77.1. The educational breakdown is 93.8% have a high school education or higher, 28.8% have a bachelor's degree or higher, and 8.3% have some kind of profesional degree.
This area has 7,883 households and the average size is 2.2 people. Individuals who are single and have never been married are 26.9%, 53.1% are now married, 1.3% are separated, 7.4% are widowed, and 11.4% are divorced. The average yearly contribution amount given by people to charity was $5,529 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 $176,698. The median monthly owner costs of mortgage holders was $1,157, where as the costs for those who don't have a mortgage are $460. The median number of rooms in houses and condos are 7.1 versus apartments which had a median number of 3.7.
The real estate tax percent rate is 0.8% which equated to an average real estate tax amount payment of $1,500. 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 $1,404. Conversely, the median housing property tax percent for residents who don't have mortgages was 1.0% which amounted to an average tax amount of $1,728. Reported taxable interest for persons was $1,491, dividends $3,547, capital gains +$8,322, and itemized deductions $22,171. The average earned income tax credit is $1,926. The percent of individuals that use a tax preparer is 61.9%. The total average income taxes paid by individuals was $8,269. Businesses reported an average profit of $11,171.
Bello Cucina Italian Restaurant
106 W Lincoln Ave, Fergus Falls, MN 56537
Z103 Bar & Grill
902 Frontier Dr, Fergus Falls, MN 56537
Dining Car #423
423 S Cascade St Inside Cascade Street Station, Fergus Falls, MN 56537
The Fabled Farmer
412 W Lincoln Ave, Fergus Falls, MN 56537
Falls Baking Co
1217 N Union Ave, Fergus Falls, MN 56537
Perkins Restaurant & Bakery
623 Frontier Dr, Fergus Falls, MN 56537
Big Chief Cafe
Highway 59 & 194 S, Fergus Falls, MN 56537
Mabel Murphy's
3401 State Highway 210 W, Fergus Falls, MN 56537
Don Pablo's
108 E Lincoln Ave, Fergus Falls, MN 56537
Hunan Spring Restaurant
2115 W Lincoln Ave, Fergus Falls, MN 56537
Papacitos Burritos
1603 Pebble Lake Rd, Fergus Falls, MN 56537
Lake Region Healthcare
619 S Cascade St, Fergus Falls, MN 56537
MRS Buckmeier's Homeroom
601 Randolph Ave, Fergus Falls, MN 56537
Debbies Home Style Kitchen
1019 W Lincoln Ave, Fergus Falls, MN 56537
Family Diner
2609 Cenex Dr, Fergus Falls, MN 56537
Service Food Market
321 W Lincoln Ave, Fergus Falls, MN 56537
Lakeway Market
1810 E Fir Ave, Fergus Falls, MN 56537
Three Guys Deli & Grill
2001 W Lincoln Ave, Fergus Falls, MN 56537
Peet's Coffee & Tea
3300 State Highway 210 W, Fergus Falls, MN 56537
City Bakery
219 W Lincoln Ave, Fergus Falls, MN 56537
Silver Dollar Saloon
209 W Broadway, Elizabeth, MN 56533 (7.5 miles away)
Foxhole Bar And Grill
304 Main Ave, Foxhome, MN 56543 (10.9 miles away)
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