Interested in purchasing investment houses in the 57247 zip code in Lake City, SD?
The zip code 57247 is in Marshall county with a latitude of -97.430950000000 and longitude of 45.720020000000, is in the state of South Dakota. The average asking price of houses and condos is $190,091.00 and the average sale price was $83,588.00. this regions is classified as the Sioux Falls (Mitchell) metro area and is in the 605 area code. The location in degrees is 45° 43' 12.072" N, 97° 25' 51.42" W. The county F.I.P.S. is 46091. The total land area is 57.5 square miles and the water area is 10.8 square miles. The elevation in this area is 1634 - 2015 feet. The zip code is on central standard time and observes daylight savings time.
The zip 57247 is in county number 091 and is L. Sector 00, L. Segment 61, H. Sector 46, and H. Segment 46. The population was 225 in 2019 and 320 in 2010. This further breaks down to 120 males (53.4%) and 105 females (46.6%). The median age of residents is 59.5 years. The population density (people per square mile) is 4. This zip code has a combined total of 366 houses and condos. There are 34 rented appartments. 33% of residents rent versus the 33% 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 $58,271 and the average salary is $36,085. The median household income of individuals is $30,319.00 and the average is $82,800.00. This zip code has a mean commute time to work of 22.0 minutes. The unemployment rate is 6.5%. Income earners by percent breakdown as 68.30% (Under $50,000), 26.30% ($50,000-$100,000), and 5.40% earn over $100,000. 11.5% of residents live below poverty line versus the 11.9% in the state that are below this line. The cost of living index is 76.0. The educational breakdown is 98.0% have a high school education or higher, 37.9% have a bachelor's degree or higher, and 7.6% have some kind of profesional degree.
This area has 151 households and the average size is 2.2 people. Individuals who are single and have never been married are 21.9%, 61.9% are now married, 0.0% are separated, 1.9% are widowed, and 14.3% are divorced.
The estimated median value of houses and condos is $313,258. The median monthly owner costs of mortgage holders was $2,244, where as the costs for those who don't have a mortgage are $738. The median number of rooms in houses and condos are 7.8 versus apartments which had a median number of 4.8.
The real estate tax percent rate is 0.9% which equated to an average real estate tax amount payment of $2,816. In comparision, the average real estate tax percent rate in the state is 1.2% which equated to an average real estate tax amount payment in the state of $2,256. The median housing property tax percent for residents with mortgages was 2.9% which amounted to an average tax amount of $2,556. Conversely, the median housing property tax percent for residents who don't have mortgages was 9.7% which amounted to an average tax amount of $3,470. Reported taxable interest for persons was $733, dividends $2,000, capital gains +$11,500, and itemized deductions $19,500. The percent of individuals that use a tax preparer is 64.7%. The total average income taxes paid by individuals was $5,200. Businesses reported an average profit of $2,200.
North Shore Artistry and Eatery
44276 Sd Highway 10, Lake City, SD 57247
Buffalo Lake Restaurant
11977 Bia Road 3, Eden, SD 57232 (4.9 miles away)
Cantina Bar & Grill
202 S Main St, Veblen, SD 57270 (11.4 miles away)
Clausen's Steak House
13010 466 Ave, Grenville, SD 57239 (12.6 miles away)
Peanut Bar
721 3rd Ave E, Sisseton, SD 57262 (13.4 miles away)
Deano's Steakhouse & Lounge
330 Main St, Claire City, SD 57224 (17.3 miles away)