Interested in purchasing investment houses in the 56576 zip code in Richville, MN?
The zip code 56576 is in Otter Tail county with a latitude of -95.697400000000 and longitude of 46.466820000000, is in the state of Minnesota. The average asking price of houses and condos is $189,455.00 and the average sale price was $235,244.00. this regions is classified as the Fargo - Valley City metro area and is in the 218 area code. The location in degrees is 46° 28' 0.552" N, 95° 41' 50.64" W. The county F.I.P.S. is 27111. The total land area is 39.5 square miles and the water area is 15.4 square miles. The elevation in this area is 1332 - 1391 feet. The zip code is on central standard time and observes daylight savings time.
The zip 56576 is in county number 111 and is L. Sector 00, L. Segment 01, H. Sector 17, and H. Segment 17. The population was 858 in 2019 and 799 in 2010. This further breaks down to 482 males (56.2%) and 376 females (43.8%). The median age of residents is 48.0 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 838 houses and condos. There are 56 rented appartments. 16% of residents rent versus the 16% 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 $53,720 and the average salary is $36,114. The median household income of individuals is $43,857.00 and the average is $59,140.00. This zip code has a mean commute time to work of 34.1 minutes. The unemployment rate is 2.6%. Income earners by percent breakdown as 58.00% (Under $50,000), 32.10% ($50,000-$100,000), and 9.90% earn over $100,000. 13.1% of residents live below poverty line versus the 9.0% in the state that are below this line. The cost of living index is 88.4. The educational breakdown is 91.1% have a high school education or higher, 22.0% have a bachelor's degree or higher, and 8.3% have some kind of profesional degree.
This area has 359 households and the average size is 2.4 people. Individuals who are single and have never been married are 19.2%, 67.8% are now married, 0.7% are separated, 4.7% are widowed, and 7.6% are divorced. The average yearly contribution amount given by people to charity was $3,588 versus the state average of $3,948. The percent of residents who gave to charity was 20.0%.
The estimated median value of houses and condos is $256,754. The median monthly owner costs of mortgage holders was $1,454, where as the costs for those who don't have a mortgage are $454. The median number of rooms in houses and condos are 6.2 versus apartments which had a median number of 6.3.
The real estate tax percent rate is 0.8% which equated to an average real estate tax amount payment of $2,116. 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 $2,086. 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 $2,161. Reported taxable interest for persons was $1,247, dividends $2,380, capital gains +$16,500, and itemized deductions $20,138. The average earned income tax credit is $1,983. The percent of individuals that use a tax preparer is 70.0%. The total average income taxes paid by individuals was $7,054. Businesses reported an average profit of $7,944.
Rockin Horse Cafe
23 SW 1st Ave, Richville, MN 56576
The Pickle Factory
29961 415th St, Dent, MN 56528 (7.9 miles away)
Elmer's Texas Barbeque
27896 State Highway 78, Battle Lake, MN 56515 (9.7 miles away)
Hoot N Holler
211 W Main St, Ottertail, MN 56571 (12 miles away)
Hillbillies Vittles & Brew
521 Fergus Ave, Erhard, MN 56534 (13.2 miles away)
The Peak Supper Club
43517 County Highway 38, Clitherall, MN 56524 (13.9 miles away)
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