Interested in purchasing investment houses in the 56567 zip code in New York Mills, MN?
The zip code 56567 is in Otter Tail county with a latitude of -95.367290000000 and longitude of 46.546860000000, is in the state of Minnesota. The average asking price of houses and condos is $119,818.00 and the average sale price was $171,175.00. this regions is classified as the Fargo - Valley City metro area and is in the 218 area code. The location in degrees is 46° 32' 48.696" N, 95° 22' 2.244" W. The county F.I.P.S. is 27111. The total land area is 148.1 square miles and the water area is 2.2 square miles. The elevation in this area is 1348 - 1503 feet. The zip code is on central standard time and observes daylight savings time.
The zip 56567 is in county number 111 and is L. Sector 00, L. Segment 01, H. Sector 19, and H. Segment 19. The population was 3,273 in 2019 and 3,169 in 2010. This further breaks down to 1,616 males (49.4%) and 1,657 females (50.6%). The median age of residents is 40.7 years. The population of the greater Fergus Falls, MN area is 56,222. The population density (people per square mile) is 22. This zip code has a combined total of 1,606 houses and condos. There are 277 rented appartments. 22% of residents rent versus the 22% 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 $42,177 and the average salary is $36,937. The median household income of individuals is $41,482.00 and the average is $51,610.00. This zip code has a mean commute time to work of 20.1 minutes. The unemployment rate is 2.5%. Income earners by percent breakdown as 62.80% (Under $50,000), 30.80% ($50,000-$100,000), and 6.40% earn over $100,000. 8.5% of residents live below poverty line versus the 9.0% in the state that are below this line. The cost of living index is 86.0. The educational breakdown is 92.5% have a high school education or higher, 16.1% have a bachelor's degree or higher, and 4.3% have some kind of profesional degree.
This area has 1,316 households and the average size is 2.5 people. Individuals who are single and have never been married are 26.2%, 56.8% are now married, 1.1% are separated, 5.0% are widowed, and 10.9% are divorced. The average yearly contribution amount given by people to charity was $2,748 versus the state average of $3,948. The percent of residents who gave to charity was 13.6%.
The estimated median value of houses and condos is $160,333. The median monthly owner costs of mortgage holders was $1,228, where as the costs for those who don't have a mortgage are $433. The median number of rooms in houses and condos are 6.6 versus apartments which had a median number of 4.1.
The real estate tax percent rate is 0.9% which equated to an average real estate tax amount payment of $1,409. 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 $1,416. 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 $1,404. Reported taxable interest for persons was $772, dividends $1,913, capital gains +$7,550, and itemized deductions $17,823. The average earned income tax credit is $2,250. The percent of individuals that use a tax preparer is 70.8%. The total average income taxes paid by individuals was $6,307. Businesses reported an average profit of $9,767.
Backwoods BBQ
102 E Centennial 84 Dr, New York Mills, MN 56567
Mills Lanes & Lucky Strike
407 E Centennial 84 Dr, New York Mills, MN 56567
Farmers Daughter Rustic Bakery
102 E Centennial 84 Dr, New York Mills, MN 56567
Eagles Cafe
31 Main Ave N, New York Mills, MN 56567
Bake Shoppe & Deli
32 Main Ave N, New York Mills, MN 56567
Mills Creamery
102 E Centennial 84 Dr, New York Mills, MN 56567
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