Interested in purchasing investment houses in the 56575 zip code in Ponsford, MN?
The zip code 56575 is in Becker county with a latitude of -95.438770000000 and longitude of 47.042180000000, is in the state of Minnesota. The average asking price of houses and condos is $274,154.00 and the average sale price was $72,029.00. this regions is classified as the Fargo - Valley City metro area and is in the 218 area code. The location in degrees is 47° 2' 31.848" N, 95° 26' 19.572" W. The county F.I.P.S. is 27005. The total land area is 150.3 square miles and the water area is 14.3 square miles. The elevation in this area is 1490 - 1654 feet. The zip code is on central standard time and observes daylight savings time.
The zip 56575 is in county number 005 and is L. Sector 00, L. Segment 01, H. Sector 72, and H. Segment 72. The population was 779 in 2019 and 763 in 2010. This further breaks down to 412 males (52.9%) and 367 females (47.1%). The median age of residents is 43.0 years. The population density (people per square mile) is 5. This zip code has a combined total of 629 houses and condos. There are 49 rented appartments. 17% of residents rent versus the 17% 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 $35,386 and the average salary is $29,024. The median household income of individuals is $31,473.00 and the average is $45,640.00. This zip code has a mean commute time to work of 37.3 minutes. The unemployment rate is 20.6%. Income earners by percent breakdown as 71.60% (Under $50,000), 23.30% ($50,000-$100,000), and 5.10% earn over $100,000. 35.5% of residents live below poverty line versus the 9.0% in the state that are below this line. The cost of living index is 86.6. The educational breakdown is 94.0% have a high school education or higher, 28.0% have a bachelor's degree or higher, and 6.3% have some kind of profesional degree.
This area has 267 households and the average size is 2.7 people. Individuals who are single and have never been married are 32.0%, 50.8% are now married, 5.2% are separated, 4.4% are widowed, and 7.6% are divorced. The average yearly contribution amount given by people to charity was $2,117 versus the state average of $3,948. The percent of residents who gave to charity was 20.7%.
The estimated median value of houses and condos is $167,852. The median monthly owner costs of mortgage holders was $1,455, where as the costs for those who don't have a mortgage are $355. The median number of rooms in houses and condos are 7.0 versus apartments which had a median number of 6.4.
The real estate tax percent rate is 1.2% which equated to an average real estate tax amount payment of $2,075. 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 0.6% which amounted to an average tax amount of $1,891. Conversely, the median housing property tax percent for residents who don't have mortgages was 1.9% which amounted to an average tax amount of $2,538. Reported taxable interest for persons was $767, dividends $2,950, capital gains +$125, and itemized deductions $25,417. The average earned income tax credit is $2,310. The percent of individuals that use a tax preparer is 65.5%. The total average income taxes paid by individuals was $7,833. Businesses reported an average profit of $7,950.
Y Steak House
19134 Us 71, Park Rapids, MN 56470 (14.3 miles away)
Spanky's Stone Hearth
34785 County Highway 4, Frazee, MN 56544 (20.1 miles away)
Lake George Cafe
37550 Night Hawk Rd, Lake George, MN 56458 (20.4 miles away)
Curley's On Cotton Lake
20762 County Highway 29, Rochert, MN 56578 (21 miles away)
Cottage House Cafe
119 Main St NW, Menahga, MN 56464 (21.2 miles away)
Iron Horse Bar & Grill
120 Bunyan Trails Dr, Nevis, MN 56467 (23 miles away)