Interested in purchasing investment houses in the 57311 zip code in Alexandria, SD?
The zip code 57311 is in both Hanson and Hutchinson counties with a latitude of -97.761710000000 and longitude of 43.652920000000, is in the state of South Dakota. The average asking price of houses and condos is $143,000.00 and the average sale price was $81,872.00. this regions is classified as the Sioux Falls (Mitchell) metro area and is in the 605 area code. The location in degrees is 43° 39' 10.512" N, 97° 45' 42.156" W. The county F.I.P.S. is 46061. This zip code contains two cities including Alexandria, SD (0.34%), and Farmer, SD (0.04%) The total land area is 185.8 square miles and the water area is 0.2 square miles. The elevation in this area is 1240 - 1408 feet. The zip code is on central standard time and observes daylight savings time.
The zip 57311 is in county number 097 and is L. Sector 96, L. Segment 01, H. Sector 01, and H. Segment 01. The population was 1,514 in 2019 and 1,616 in 2010. This further breaks down to 743 males (49.1%) and 770 females (50.9%). The median age of residents is 34.8 years. The population of the greater Mitchell, SD area is 22,907. The population density (people per square mile) is 8. This zip code has a combined total of 560 houses and condos. There are 68 rented appartments. 14% of residents rent versus the 14% 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 $57,016 and the average salary is $41,463. The median household income of individuals is $40,819.00 and the average is $65,890.00. This zip code has a mean commute time to work of 23.0 minutes. The unemployment rate is 0.5%. Income earners by percent breakdown as 60.70% (Under $50,000), 32.00% ($50,000-$100,000), and 7.30% earn over $100,000. 7.9% of residents live below poverty line versus the 11.9% in the state that are below this line. The cost of living index is 78.4. The educational breakdown is 87.2% have a high school education or higher, 18.7% have a bachelor's degree or higher, and 2.9% have some kind of profesional degree.
This area has 454 households and the average size is 3.1 people. Individuals who are single and have never been married are 30.9%, 56.4% are now married, 1.0% are separated, 4.6% are widowed, and 7.1% are divorced. The average yearly contribution amount given by people to charity was $3,920 versus the state average of $5,927. The percent of residents who gave to charity was 8.9%.
The estimated median value of houses and condos is $142,863. The median monthly owner costs of mortgage holders was $1,120, where as the costs for those who don't have a mortgage are $470. The median number of rooms in houses and condos are 7.0 versus apartments which had a median number of 6.1.
The real estate tax percent rate is 1.1% which equated to an average real estate tax amount payment of $1,640. 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 1.1% which amounted to an average tax amount of $1,703. Conversely, the median housing property tax percent for residents who don't have mortgages was 1.1% which amounted to an average tax amount of $1,575. Reported taxable interest for persons was $1,736, dividends $1,340, capital gains +$8,620, and itemized deductions $15,933. The average earned income tax credit is $1,900. The percent of individuals that use a tax preparer is 71.4%. The total average income taxes paid by individuals was $2,322. Businesses reported an average profit of $7,873.
Joe's Restaurant
1151 Spruce St, Alexandria, SD 57311
Outlaw Repair & Recovery Inc
220 10th St, Alexandria, SD 57311
Dairy Queen
301 8th St, Alexandria, SD 57311
Spencer Community Coffee Shop
215 E 2nd St, Spencer, SD 57374 (10.1 miles away)
Bridgewater Cafe
300 S Main Ave, Bridgewater, SD 57319 (16.5 miles away)
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