Interested in purchasing investment houses in the 56757 zip code in Stephen, MN?
The zip code 56757 is in Marshall county with a latitude of -96.891990000000 and longitude of 48.474620000000, is in the state of Minnesota. The average asking price of houses and condos is $85,000.00 and the average sale price was $165,136.00. this regions is classified as the Fargo - Valley City metro area and is in the 218 area code. The location in degrees is 48° 28' 28.632" N, 96° 53' 31.164" W. The county F.I.P.S. is 27089. The total land area is 221.5 square miles and the water area is 0.5 square miles. The elevation in this area is 794 - 948 feet. The zip code is on central standard time and observes daylight savings time.
The zip 56757 is in county number 069 and is L. Sector 93, L. Segment 01, H. Sector 01, and H. Segment 01. The population was 916 in 2019 and 932 in 2010. This further breaks down to 450 males (49.2%) and 466 females (50.8%). The median age of residents is 45.8 years. The population density (people per square mile) is 4. This zip code has a combined total of 462 houses and condos. There are 72 rented appartments. 19% of residents rent versus the 19% 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 $60,894 and the average salary is $38,803. The median household income of individuals is $40,346.00 and the average is $64,680.00. This zip code has a mean commute time to work of 21.7 minutes. The unemployment rate is 1.7%. Income earners by percent breakdown as 61.80% (Under $50,000), 30.40% ($50,000-$100,000), and 7.80% earn over $100,000. 2.7% 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 87.9% have a high school education or higher, 28.0% have a bachelor's degree or higher, and 8.7% have some kind of profesional degree.
This area has 425 households and the average size is 2.3 people. Individuals who are single and have never been married are 22.1%, 61.0% are now married, 0.8% are separated, 6.4% are widowed, and 9.6% are divorced. The average yearly contribution amount given by people to charity was $4,557 versus the state average of $3,948. The percent of residents who gave to charity was 14.6%.
The estimated median value of houses and condos is $114,334. The median monthly owner costs of mortgage holders was $1,006, where as the costs for those who don't have a mortgage are $498. The median number of rooms in houses and condos are 7.5 versus apartments which had a median number of 3.9.
The real estate tax percent rate is 0.9% which equated to an average real estate tax amount payment of $1,000. 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 0.8% which amounted to an average tax amount of $960. 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 $1,084. Reported taxable interest for persons was $1,209, dividends $2,250, capital gains +$18,430, and itemized deductions $19,090. The average earned income tax credit is $2,175. The percent of individuals that use a tax preparer is 75.0%. The total average income taxes paid by individuals was $8,170. Businesses reported an average profit of $3,250.
Victory Lane Cafe
Stephen, MN 56757
The Dell Steakhouse & Lounge
Argyle, MN 56713 (8.4 miles away)
Kennedy Cafe
518 Atlantic Ave, Kennedy, MN 56733 (13.2 miles away)
Melody's Cafe
510 N Main St, Warren, MN 56762 (13.9 miles away)
Black Bear Grill
211 Main St N, Karlstad, MN 56732 (17.4 miles away)
Rainbow Club
102 Rainbow Dr, Strandquist, MN 56758 (18.1 miles away)