Interested in purchasing investment houses in the 56627 zip code in Big Falls, MN?
The zip code 56627 is in both Koochiching and Beltrami counties with a latitude of -94.054920000000 and longitude of 48.233490000000, is in the state of Minnesota. The average asking price of houses and condos is $65,000.00 and the average sale price was $223,601.00. this regions is classified as the Duluth - Superior metro area and is in the 218 area code. The location in degrees is 48° 14' 0.564" N, 94° 3' 17.712" W. The county F.I.P.S. is 27071. The total land area is 842.0 square miles and the water area is 1.0 square miles. The elevation in this area is 1102 - 1381 feet. The zip code is on central standard time and observes daylight savings time.
The zip 56627 is in county number 071 and is L. Sector 00, L. Segment 01, H. Sector 30, and H. Segment 30. The population was 248 in 2019 and 309 in 2010. This further breaks down to 108 males (43.5%) and 140 females (56.5%). The median age of residents is 59.3 years. The population density (people per square mile) is 0.295. This zip code has a combined total of 375 houses and condos. There are 28 rented appartments. 20% of residents rent versus the 20% 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 $34,400 and the average salary is $30,892. The median household income of individuals is $35,739.00 and the average is $39,690.00. This zip code has a mean commute time to work of 31.4 minutes. The unemployment rate is 6.2%. Income earners by percent breakdown as 72.00% (Under $50,000), 21.70% ($50,000-$100,000), and 6.30% earn over $100,000. 22.0% of residents live below poverty line versus the 9.0% in the state that are below this line. The cost of living index is 84.4. The educational breakdown is 84.9% have a high school education or higher, 7.5% have a bachelor's degree or higher, and 0.5% have some kind of profesional degree.
This area has 168 households and the average size is 1.7 people. Individuals who are single and have never been married are 12.2%, 50.0% are now married, 5.6% are separated, 11.0% are widowed, and 21.2% are divorced.
The estimated median value of houses and condos is $53,739. The median monthly owner costs of mortgage holders was $857, where as the costs for those who don't have a mortgage are $333. The median number of rooms in houses and condos are 5.5 versus apartments which had a median number of 2.2.
The real estate tax percent rate is 1.1% which equated to an average real estate tax amount payment of $576. 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 $603. 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 $512. Reported taxable interest for persons was $240, dividends $600, capital gains +$150, and itemized deductions $19,200. The average earned income tax credit is $1,100. The percent of individuals that use a tax preparer is 53.3%. The total average income taxes paid by individuals was $3,050. Businesses reported an average profit of $1,700.
Big Falls Municipal Liquor
302 2nd St NW, Big Falls, MN 56627
671 Cafe
111 Highway 71, Big Falls, MN 56627
The Jackpinf Savage Grill
314 Main St, Littlefork, MN 56653 (18.1 miles away)
Deer Lake Charlie's
66501 County Road 533, Effie, MN 56639 (22.4 miles away)
Bigfork Wilderness Bar Inc
Bigfork, MN 56628 (28.2 miles away)
Powerhouse Bar & Grill
12168 County Road 15, Northome, MN 56661 (30.8 miles away)
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