Interested in purchasing investment houses in the 56641 zip code in Federal Dam, MN?
The zip code 56641 is in Cass county with a latitude of -94.243380000000 and longitude of 47.206380000000, is in the state of Minnesota. The average asking price of houses and condos is $561,000.00 and the average sale price was $150,101.00. this regions is classified as the Minneapolis - Saint Paul metro area and is in the 218 area code. The location in degrees is 47° 12' 22.968" N, 94° 14' 36.168" W. The county F.I.P.S. is 27021. The total land area is 31.6 square miles and the water area is 7.6 square miles. The elevation in this area is 1293 - 1332 feet. The zip code is on central standard time and observes daylight savings time.
The zip 56641 is in county number 021 and is L. Sector 00, L. Segment 61, H. Sector 13, and H. Segment 13. The population was 354 in 2019 and 324 in 2010. This further breaks down to 190 males (53.5%) and 164 females (46.5%). The median age of residents is 55.0 years. The population of the greater Brainerd, MN area is 91,564. The population density (people per square mile) is 11. This zip code has a combined total of 379 houses and condos. There are 34 rented appartments. 24% of residents rent versus the 24% 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 $38,200 and the average salary is $31,200. The median household income of individuals is $35,246.00 and the average is $48,290.00. This zip code has a mean commute time to work of 43.4 minutes. The unemployment rate is 8.5%. Income earners by percent breakdown as 66.90% (Under $50,000), 24.80% ($50,000-$100,000), and 8.30% earn over $100,000. 18.4% of residents live below poverty line versus the 9.0% in the state that are below this line. The cost of living index is 85.9. The educational breakdown is 90.0% have a high school education or higher, 17.6% have a bachelor's degree or higher, and 4.5% have some kind of profesional degree.
This area has 133 households and the average size is 2.4 people. Individuals who are single and have never been married are 19.0%, 61.3% are now married, 0.7% are separated, 7.8% are widowed, and 11.3% are divorced.
The estimated median value of houses and condos is $179,684. The median monthly owner costs of mortgage holders was $1,148, where as the costs for those who don't have a mortgage are $449. The median number of rooms in houses and condos are 5.4 versus apartments which had a median number of 4.5.
The real estate tax percent rate is 0.7% which equated to an average real estate tax amount payment of $1,287. 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 0.4% which amounted to an average tax amount of $1,239. Conversely, the median housing property tax percent for residents who don't have mortgages was 0.8% which amounted to an average tax amount of $1,341. Reported taxable interest for persons was $500 and itemized deductions $22,100. The average earned income tax credit is $1,960. The percent of individuals that use a tax preparer is 58.3%. The total average income taxes paid by individuals was $6,400. Businesses reported an average profit of $5,818.
Abe's
139 2nd Ave E, Federal Dam, MN 56641
Big Fish Supper Club
456 Us 2 NE, Bena, MN 56626 (9.7 miles away)
The Docksider
1465 County Road 5, Longville, MN 56655 (12.9 miles away)
Lucky Moose Bar & Grill
441 Walker Bay Blvd, Walker, MN 56484 (17.4 miles away)
Jerry's Bar & Steakhouse
115 Main St S, Remer, MN 56672 (17.9 miles away)
Udom's Thai Restaurant
106 Highway 371 S, Hackensack, MN 56452 (19 miles away)
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