Interested in purchasing investment houses in the 56686 zip code in Williams, MN?
The zip code 56686 is in both Lake of the Woods and Roseau counties with a latitude of -94.913740000000 and longitude of 48.785260000000, is in the state of Minnesota. The average asking price of houses and condos is $571,000.00 and the average sale price was $149,405.00. this regions is classified as the Fargo - Valley City metro area and is in the 218 area code. The location in degrees is 48° 47' 6.936" N, 94° 54' 49.464" W. The county F.I.P.S. is 27077. The total land area is 176.3 square miles and the water area is 3.4 square miles. The elevation in this area is 1060 - 1224 feet. The zip code is on central standard time and observes daylight savings time.
The zip 56686 is in county number 077 and is L. Sector 01, L. Segment 21, H. Sector 80, and H. Segment 80. The population was 732 in 2019 and 984 in 2010. This further breaks down to 413 males (56.4%) and 319 females (43.6%). The median age of residents is 52.1 years. The population density (people per square mile) is 4. This zip code has a combined total of 829 houses and condos. There are 13 rented appartments. 4% of residents rent versus the 4% 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 $42,967 and the average salary is $35,711. The median household income of individuals is $40,887.00 and the average is $47,270.00. This zip code has a mean commute time to work of 29.4 minutes. Income earners by percent breakdown as 65.20% (Under $50,000), 27.50% ($50,000-$100,000), and 7.20% earn over $100,000. 6.1% of residents live below poverty line versus the 9.0% in the state that are below this line. The cost of living index is 84.3. The educational breakdown is 85.0% have a high school education or higher, 13.4% have a bachelor's degree or higher, and 5.4% have some kind of profesional degree.
This area has 434 households and the average size is 2.3 people. Individuals who are single and have never been married are 19.7%, 61.0% are now married, 1.1% are separated, 8.1% are widowed, and 10.2% are divorced. The average yearly contribution amount given by people to charity was $2,317 versus the state average of $3,948. The percent of residents who gave to charity was 13.3%.
The estimated median value of houses and condos is $156,684. The median monthly owner costs of mortgage holders was $986, where as the costs for those who don't have a mortgage are $489. The median number of rooms in houses and condos are 5.5 versus apartments which had a median number of 6.3.
The real estate tax percent rate is 0.6% which equated to an average real estate tax amount payment of $933. 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 1.6% which amounted to an average tax amount of $982. Conversely, the median housing property tax percent for residents who don't have mortgages was 1.5% which amounted to an average tax amount of $779. Reported taxable interest for persons was $1,082, dividends $1,500, capital gains +$30,600, and itemized deductions $15,870. The average earned income tax credit is $1,567. The percent of individuals that use a tax preparer is 71.1%. The total average income taxes paid by individuals was $5,110. Businesses reported an average profit of $4,611.
Highway 11 Cafe
6281 16th St NW, Williams, MN 56686
Mama's
Williams, MN 56686
The Wilderness Bar & Grill
120 Wilderness Ave, Williams, MN 56686
Jerry's Restaurant & Lounge
7609 Youngs Bay Dr NW, Angle Inlet, MN 56711 (6 miles away)
Roosevelt Rustic Diner
69584 State Highway 11, Roosevelt, MN 56673 (7.3 miles away)
Rosalie's Restaurant & Lounge
1229 Main St E, Baudette, MN 56623 (17.9 miles away)