Interested in purchasing investment houses in the 58790 zip code in Velva, ND?
The zip code 58790 is in both McHenry and Ward counties with a latitude of -100.929630000000 and longitude of 48.034170000000, is in the state of North Dakota. The average asking price of houses and condos is $272,000.00 and the average sale price was $77,889.00. this regions is classified as the Minot - Bismark metro area and is in the 701 area code. The location in degrees is 48° 2' 3.012" N, 100° 55' 46.668" W. The county F.I.P.S. is 38049. This zip code contains two cities including Velva, ND (0.45%), and Sawyer, ND (0.01%) The total land area is 183.8 square miles and the water area is 0.6 square miles. The elevation in this area is 1529 - 1952 feet. The zip code is on central standard time and observes daylight savings time.
The zip 58790 is in county number 101 and is L. Sector 93, L. Segment 02, H. Sector 02, and H. Segment 02. The population was 1,859 in 2019 and 1,585 in 2010. This further breaks down to 868 males (46.7%) and 990 females (53.3%). The median age of residents is 37.7 years. The population of the greater Minot, ND area is 64,593. The population density (people per square mile) is 10. This zip code has a combined total of 820 houses and condos. There are 184 rented appartments. 25% of residents rent versus the 25% 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 $58,786 and the average salary is $47,497. The median household income of individuals is $35,980.00 and the average is $73,680.00. This zip code has a mean commute time to work of 20.9 minutes. The unemployment rate is 2.0%. Income earners by percent breakdown as 68.10% (Under $50,000), 24.50% ($50,000-$100,000), and 7.40% earn over $100,000. 3.5% of residents live below poverty line versus the 10.6% in the state that are below this line. The cost of living index is 80.3. The educational breakdown is 92.9% have a high school education or higher, 23.4% have a bachelor's degree or higher, and 6.7% have some kind of profesional degree.
This area has 636 households and the average size is 2.4 people. Individuals who are single and have never been married are 28.6%, 57.6% are now married, 0.0% are separated, 7.4% are widowed, and 6.5% are divorced. The average yearly contribution amount given by people to charity was $2,656 versus the state average of $5,593. The percent of residents who gave to charity was 10.5%.
The estimated median value of houses and condos is $203,900. The median monthly owner costs of mortgage holders was $1,346, where as the costs for those who don't have a mortgage are $479. The median number of rooms in houses and condos are 7.2 versus apartments which had a median number of 4.4.
The real estate tax percent rate is 0.9% which equated to an average real estate tax amount payment of $1,804. In comparision, the average real estate tax percent rate in the state is 1.0% which equated to an average real estate tax amount payment in the state of $2,025. The median housing property tax percent for residents with mortgages was 1.0% which amounted to an average tax amount of $2,161. Conversely, the median housing property tax percent for residents who don't have mortgages was 0.7% which amounted to an average tax amount of $1,398. Reported taxable interest for persons was $817, dividends $1,313, capital gains +$6,093, and itemized deductions $16,415. The average earned income tax credit is $2,188. The percent of individuals that use a tax preparer is 57.0%. The total average income taxes paid by individuals was $4,338. Businesses reported an average profit of $12,038.
Lariat Bar
508 Highway 52 W, Velva, ND 58790
Happy Cones and Treats
22 Main St N, Velva, ND 58790
Finishline Burgers & Brew
17 Main St N, Velva, ND 58790
Finishline Burgers & Brew
2 Highway 52 E, Velva, ND 58790
Sawyer Bar
10 Main St S, Sawyer, ND 58781 (6.3 miles away)
Pioneer Bar & Steakhouse
8 Main St, Voltaire, ND 58792 (8.4 miles away)
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