Interested in purchasing investment houses in the 56571 zip code in Ottertail, MN?
The zip code 56571 is in Otter Tail county with a latitude of -95.541910000000 and longitude of 46.437860000000, is in the state of Minnesota. The average asking price of houses and condos is $231,675.00 and the average sale price was $236,983.00. this regions is classified as the Fargo - Valley City metro area and is in the 218 area code. The location in degrees is 46° 26' 16.296" N, 95° 32' 30.876" W. The county F.I.P.S. is 27111. The total land area is 46.0 square miles and the water area is 18.8 square miles. The elevation in this area is 1319 - 1414 feet. The zip code is on central standard time and observes daylight savings time.
The zip 56571 is in county number 111 and is L. Sector 00, L. Segment 01, H. Sector 18, and H. Segment 18. The population was 1,883 in 2019 and 1,800 in 2010. This further breaks down to 999 males (53.1%) and 883 females (46.9%). The median age of residents is 54.2 years. The population of the greater Fergus Falls, MN area is 56,222. The population density (people per square mile) is 41. This zip code has a combined total of 1,489 houses and condos. There are 48 rented appartments. 6% of residents rent versus the 6% 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 $52,566 and the average salary is $41,091. The median household income of individuals is $44,104.00 and the average is $66,760.00. This zip code has a mean commute time to work of 24.9 minutes. The unemployment rate is 2.3%. Income earners by percent breakdown as 58.60% (Under $50,000), 32.10% ($50,000-$100,000), and 9.30% earn over $100,000. 7.0% of residents live below poverty line versus the 9.0% in the state that are below this line. The cost of living index is 88.5. The educational breakdown is 94.1% have a high school education or higher, 25.8% have a bachelor's degree or higher, and 9.5% have some kind of profesional degree.
This area has 774 households and the average size is 2.3 people. Individuals who are single and have never been married are 16.5%, 71.9% are now married, 0.0% are separated, 4.9% are widowed, and 6.8% are divorced. The average yearly contribution amount given by people to charity was $2,796 versus the state average of $3,948. The percent of residents who gave to charity was 27.8%.
The estimated median value of houses and condos is $261,730. The median monthly owner costs of mortgage holders was $1,386, where as the costs for those who don't have a mortgage are $467. The median number of rooms in houses and condos are 6.6 versus apartments which had a median number of 5.2.
The real estate tax percent rate is 0.7% which equated to an average real estate tax amount payment of $1,906. 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 0.7% which amounted to an average tax amount of $1,750. 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 $2,130. Reported taxable interest for persons was $1,685, dividends $3,441, capital gains +$8,569, and itemized deductions $21,217. The average earned income tax credit is $2,000. The percent of individuals that use a tax preparer is 70.0%. The total average income taxes paid by individuals was $8,380. Businesses reported an average profit of $6,545.
Hoot N Holler
211 W Main St, Ottertail, MN 56571
Betty's Pantry
102 W Main St, Ottertail, MN 56571
Otter Supper Club & Lodge
306 Mn Highway 78 N, Ottertail, MN 56571
Red Pine Restaurant
300 Thumper Lodge Rd, Ottertail, MN 56571
Otter Treat
253 Mn Highway 78 N, Ottertail, MN 56571
Guzzlers Inc
30828 430th Ave, Ottertail, MN 56571
Offutt R D Co Ottertail Scale
33575 Mn Highway 78 N, Ottertail, MN 56571
Willy T's Tavern & Grill
300 Thumper Lodge Rd, Ottertail, MN 56571
Williams Company Store
101 W Main St, Ottertail, MN 56571
Carr's Deli
320 Mn Highway 78 N, Ottertail, MN 56571
Burger Shack & Shakes
314 Mn Highway 78 N, Ottertail, MN 56571
Gateway Pub
516 Douglas Ave, Henning, MN 56551 (9.9 miles away)
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