Interested in purchasing investment houses in the 56170 zip code in Ruthton, MN?
The zip code 56170 is in both Pipestone and Lincoln counties with a latitude of -96.087070000000 and longitude of 44.168250000000, is in the state of Minnesota. The average asking price of houses and condos is $82,500.00 and the average sale price was $233,206.00. this regions is classified as the Sioux Falls (Mitchell) metro area and is in the 507 area code. The location in degrees is 44° 10' 5.7" N, 96° 5' 13.452" W. The county F.I.P.S. is 27117. This zip code contains two cities including Ruthton, MN (0.95%), and Florence, MN (0.39%) The total land area is 68.8 square miles and the water area is 1.1 square miles. The elevation in this area is 1601 - 1942 feet. The zip code is on central standard time and observes daylight savings time.
The zip 56170 is in county number 101 and is L. Sector 96, L. Segment 01, H. Sector 01, and H. Segment 01. The population was 651 in 2019 and 587 in 2010. This further breaks down to 341 males (52.5%) and 309 females (47.5%). The median age of residents is 40.6 years. The population density (people per square mile) is 9. This zip code has a combined total of 317 houses and condos. There are 37 rented appartments. 13% of residents rent versus the 13% 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 $48,473 and the average salary is $34,136. The median household income of individuals is $35,948.00 and the average is $54,570.00. This zip code has a mean commute time to work of 29.8 minutes. The unemployment rate is 3.5%. Income earners by percent breakdown as 66.20% (Under $50,000), 28.60% ($50,000-$100,000), and 5.20% earn over $100,000. 6.9% of residents live below poverty line versus the 9.0% in the state that are below this line. The cost of living index is 85.3. The educational breakdown is 90.3% have a high school education or higher, 16.8% have a bachelor's degree or higher, and 4.4% have some kind of profesional degree.
This area has 244 households and the average size is 2.3 people. Individuals who are single and have never been married are 21.4%, 62.3% are now married, 1.3% are separated, 6.3% are widowed, and 8.6% are divorced. The average yearly contribution amount given by people to charity was $4,575 versus the state average of $3,948. The percent of residents who gave to charity was 15.4%.
The estimated median value of houses and condos is $93,436. The median monthly owner costs of mortgage holders was $1,155, where as the costs for those who don't have a mortgage are $365. The median number of rooms in houses and condos are 6.1 versus apartments which had a median number of 6.4.
The real estate tax percent rate is 0.8% which equated to an average real estate tax amount payment of $790. 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 1.1% which amounted to an average tax amount of $1,126. 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 $605. Reported taxable interest for persons was $842, dividends $575, capital gains +$2,500, and itemized deductions $20,675. The average earned income tax credit is $1,900. The percent of individuals that use a tax preparer is 88.5%. The total average income taxes paid by individuals was $6,425. Businesses reported an average profit of $7,560.
Polar Bar
325 Aetna St, Ruthton, MN 56170
Sunset Bar and Grill
235 Minnesota 23, Ruthton, MN 56170
Kronborg Restaurant & Lounge
101 W Highway 14, Tyler, MN 56178 (7.8 miles away)
Woebees
311 Helen St, Holland, MN 56139 (8.2 miles away)
KirPatricks
142 3rd St, Balaton, MN 56115 (10.8 miles away)
Diane's Cafe & Catering
117 Broadway Ave, Lake Wilson, MN 56151 (12.2 miles away)
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