Interested in purchasing investment houses in the 56581 zip code in Shelly, MN?
The zip code 56581 is in Norman county with a latitude of -96.769090000000 and longitude of 47.460800000000, is in the state of Minnesota. The average asking price of houses and condos is $139,000.00 and the average sale price was $70,818.00. this regions is classified as the Fargo - Valley City metro area and is in the 218 area code. The location in degrees is 47° 27' 38.88" N, 96° 46' 8.724" W. The county F.I.P.S. is 27107. The total land area is 39.7 square miles and the water area is 0.1 square miles. The elevation in this area is 843 - 879 feet. The zip code is on central standard time and observes daylight savings time.
The zip 56581 is in county number 107 and is L. Sector 00, L. Segment 01, H. Sector 17, and H. Segment 17. The population was 217 in 2019 and 287 in 2010. This further breaks down to 111 males (51.2%) and 106 females (48.8%). The median age of residents is 51.3 years. The population density (people per square mile) is 5. This zip code has a combined total of 154 houses and condos. There are 11 rented appartments. 10% of residents rent versus the 10% 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 $41,064 and the average salary is $25,675. The median household income of individuals is $40,000.00 and the average is $45,440.00. This zip code has a mean commute time to work of 31.8 minutes. Income earners by percent breakdown as 62.70% (Under $50,000), 28.90% ($50,000-$100,000), and 8.40% earn over $100,000. 6.8% of residents live below poverty line versus the 9.0% in the state that are below this line. The cost of living index is 85.4. The educational breakdown is 96.1% have a high school education or higher, 21.1% have a bachelor's degree or higher, and 1.3% have some kind of profesional degree.
This area has 131 households and the average size is 2.0 people. Individuals who are single and have never been married are 28.4%, 35.5% are now married, 0.0% are separated, 12.6% are widowed, and 23.4% are divorced.
The estimated median value of houses and condos is $91,888. The median monthly owner costs of mortgage holders was $1,198, where as the costs for those who don't have a mortgage are $436. The median number of rooms in houses and condos are 6.2 versus apartments which had a median number of 5.9.
The real estate tax percent rate is 1.0% which equated to an average real estate tax amount payment of $879. 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 1.1% which amounted to an average tax amount of $991. Conversely, the median housing property tax percent for residents who don't have mortgages was 0.9% which amounted to an average tax amount of $838. Reported taxable interest for persons was $533 and itemized deductions $11,300. The average earned income tax credit is $1,700. The percent of individuals that use a tax preparer is 71.4%. Businesses reported an average profit of $2,833.
The Panther Spot
117 3rd St W, Halstad, MN 56548 (7 miles away)
The Outpost Drive In
901 E Thorpe Ave, Ada, MN 56510 (12.5 miles away)
Tanks Barley House
303 Main St E, Hendrum, MN 56550 (12.9 miles away)
The Hillsboro Cafe
3 N Main St, Hillsboro, ND 58045 (13.9 miles away)
The Corner
101 W Broadway, Climax, MN 56523 (16.3 miles away)
Beltrami Cafe
507 Atlantic Ave Ste 6, Beltrami, MN 56517 (17.3 miles away)
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