Interested in purchasing investment houses in the 56744 zip code in Oslo, MN?
The zip code 56744 is in both Marshall and Polk counties with a latitude of -97.113660000000 and longitude of 48.245510000000, is in the state of Minnesota. The average asking price of houses and condos is $123,500.00 and the average sale price was $55,000.00. this regions is classified as the Fargo - Valley City metro area and is in the 218 area code. The location in degrees is 48° 14' 43.836" N, 97° 6' 49.176" W. The county F.I.P.S. is 38099. The total land area is 102.5 square miles and the water area is 1.9 square miles. The elevation in this area is 801 - 810 feet. The zip code is on central standard time and observes daylight savings time.
The zip 56744 is in county number 119 and is L. Sector 94, L. Segment 02, H. Sector 02, and H. Segment 02. The population was 510 in 2019 and 621 in 2010. This further breaks down to 266 males (52.3%) and 243 females (47.7%). The median age of residents is 38.2 years. The population of the greater Grand Forks, ND-MN area is 97,290. The population density (people per square mile) is 5. This zip code has a combined total of 265 houses and condos. There are 39 rented appartments. 18% of residents rent versus the 18% 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 $62,830 and the average salary is $39,345. The median household income of individuals is $42,349.00 and the average is $68,450.00. This zip code has a mean commute time to work of 28.4 minutes. The unemployment rate is 1.3%. Income earners by percent breakdown as 58.90% (Under $50,000), 34.00% ($50,000-$100,000), and 7.20% earn over $100,000. 5.4% of residents live below poverty line versus the 9.0% in the state that are below this line. The cost of living index is 85.0. The educational breakdown is 92.3% have a high school education or higher, 16.7% have a bachelor's degree or higher, and 3.1% have some kind of profesional degree.
This area has 263 households and the average size is 2.4 people. Individuals who are single and have never been married are 30.1%, 54.9% are now married, 0.0% are separated, 4.9% are widowed, and 10.2% are divorced. The average yearly contribution amount given by people to charity was $4,000 versus the state average of $3,948. The percent of residents who gave to charity was 17.4%.
The estimated median value of houses and condos is $130,146. The median monthly owner costs of mortgage holders was $1,260, where as the costs for those who don't have a mortgage are $522. The median number of rooms in houses and condos are 6.4 versus apartments which had a median number of 5.4.
The real estate tax percent rate is 0.9% which equated to an average real estate tax amount payment of $1,127. 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 1.0% which amounted to an average tax amount of $1,482. 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 $937. Reported taxable interest for persons was $533, dividends $1,050, capital gains +$36,550, and itemized deductions $16,550. The average earned income tax credit is $2,967. The percent of individuals that use a tax preparer is 65.2%. The total average income taxes paid by individuals was $7,367. Businesses reported an average profit of $3,500.
Kitty's Cafe
205 Main St, Oslo, MN 56744
Lightning Bar
Alvarado, MN 56710 (5.8 miles away)
Forest River Cafe
Minto, ND 58261 (9.8 miles away)
The Dell Steakhouse & Lounge
Argyle, MN 56713 (14.4 miles away)
Forest River Cafe
104 Front St E, Forest River, ND 58233 (15.9 miles away)
Melody's Cafe
510 N Main St, Warren, MN 56762 (16.3 miles away)