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55988 Zip Code Housing

 
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As of 2000, median price of a house in 55988 Zip Code is $76,000, which is much lower than the state average of $185,200 and is much lower than the national average of $175,700. The median year that a house in 55988 Zip Code was built is 1950, which is older than the median year for a house built in the state which is 1969 and is older than the median year for a house built in the USA which is 1971.

Topics:House ValueHousing OccupancyYear Structure BuiltMortgage StatusMortgage Owner's CostsNone-Mortgage Owner's CostsUnits in StructureRoomsBedroomsHouse Heating FuelGross RentVehicle Available

House Value

Median Value of a Total of 66 Owner Occupied Houses in 55988 Zip Code, #3
55988 Zip Code
76,000 USD
Minnesota
122,400 USD
U.S.
119,600 USD
Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2000 data.

Housing Occupancy

 55988 Zip CodeMinnesotaU.S.
Total Housing Units84, see rank, 100%2,065,946115,904,641
Occupied Housing Units81, 96.43%, see rank91.73%91.01%
Owner Occupied69, 82.14%, see rank68.39%60.24%
Renter Occupied12, 14.29%, see rank23.34%30.77%
Vacant Housing Units3, 3.57%, see rank8.27%8.99%
For Rent0, 0.00%, see rank0.99%2.26%
For Sale Only2, 2.38%, see rank0.65%1.04%
Rented or Sold, Not Occupied0, 0.00%, see rank0.39%0.61%
For Seasonal, Recreational, or Occasional Use1, 1.19%, see rank5.11%3.09%
For Migrant Workers0, 0.00%, see rank0.03%0.02%
Other Vacant0, 0.00%, see rank1.10%1.98%

*Based on 2000 data.

Year Structure Built

Median Built Year, see rank
55988 Zip CodeMinnesotaU.S.
195019691971

Ranks: 1995 or earlier, 1960-1969, 1970-1979, 1980-1989, 1990-2000, 2000-2010

*Based on 2000 data.

Mortgage Status

 55988 Zip Code%MinnesotaU.S.
Owner-Occupied Units66100%1,117,48955,212,108
With a Mortgage3857.58%, see rank74.19%70.03%
Without a Mortgage2842.42%, see rank25.81%29.97%

*Based on 2000 data.

Monthly Owner Costs for Housing Units with a Mortgage


Median Owner Costs, see rank
55988 Zip Code
1,000 USD
Minnesota
1,044 USD
U.S.
1,088 USD

Owner Costs Distribution
Monthly Owner Costs55988 Zip Code%MinnesotaU.S.
$299 or Less25.26%, see rank0.52%0.66%
$300 to $49925.26%, see rank5.30%5.56%
$500 to $699821.05%, see rank12.75%12.79%
$700 to $999718.42%, see rank27.86%24.86%
$1,000 to $1,4991744.74%, see rank33.56%30.21%
$1,500 to $1,99925.26%, see rank12.32%14.37%
$2,000 to $2,99900.00%, see rank6.03%8.43%
$3,000 or More00.00%, see rank1.66%3.13%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
55988 Zip Code
19.60% of the Total Income
Minnesota
20.00% of the Total Income
U.S.
21.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 55988 Zip Code%MinnesotaU.S.
10% or Less00.00%, see rank7.73%7.21%
10% to 20%2052.63%, see rank42.27%36.64%
20% to 30%1436.84%, see rank30.00%29.01%
30% to 40%25.26%, see rank10.51%12.29%
40% or More25.26%, see rank9.28%14.37%

*Based on 2000 data.

Monthly Owner Costs for Housing Units without a Mortgage


Median Owner Costs, see rank
55988 Zip Code
230 USD
Minnesota
271 USD
U.S.
295 USD

Owner Costs Distribution
Monthly Owner Costs55988 Zip Code%MinnesotaU.S.
$199 or Less828.57%, see rank19.39%18.76%
$200 to $2991450.00%, see rank42.24%32.81%
$300 to $499414.29%, see rank30.44%33.61%
$500 to $69927.14%, see rank5.19%9.21%
$700 to $99900.00%, see rank1.82%3.83%
$1,000 or More00.00%, see rank0.92%1.78%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
55988 Zip Code
19.60% of the Total Income
Minnesota
20.00% of the Total Income
U.S.
21.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 55988 Zip Code%MinnesotaU.S.
10% or Less1657.14%, see rank54.04%47.32%
10% to 20%828.57%, see rank29.17%30.46%
20% to 30%27.14%, see rank8.58%10.16%
30% to 40%00.00%, see rank3.33%4.28%
40% or More27.14%, see rank4.02%6.22%

*Based on 2000 data.

Units in Structure

 55988 Zip CodeMinnesotaU.S.
Total Housing Units88, 100%2,065,946115,904,641
1-unit, Detached72, 81.82%, see rank67.77%60.28%
1-unit, Attached0, 0.00%, see rank5.20%5.56%
2 Units2, 2.27%, see rank3.01%4.31%
3 or 4 Units2, 2.27%, see rank2.33%4.74%
5 to 9 Units6, 6.82%, see rank2.39%4.67%
10 or More Units0, 0.00%, see rank14.52%12.64%
Mobile Home, Boat, RV, Van, etc.6, 6.82%, see rank4.79%7.80%

*Based on 2000 data.

Rooms

 55988 Zip CodeMinnesotaU.S.
Total Housing Units88, 100%2,065,946115,904,641
1 Room0, 0.00%, see rank1.90%2.20%
2 Rooms5, 5.68%, see rank4.23%4.81%
3 Rooms3, 3.41%, see rank9.22%9.84%
4 Rooms10, 11.36%, see rank13.84%15.97%
5 Rooms6, 6.82%, see rank17.26%20.89%
6 Rooms19, 21.59%, see rank15.51%18.45%
7 Rooms24, 27.27%, see rank13.15%12.06%
8 Rooms13, 14.77%, see rank11.42%8.06%
9 Rooms or More8, 9.09%, see rank13.46%7.70%
Median Rooms6.50, see rank5.705.30

*Based on 2000 data.

Bedrooms

 55988 Zip CodeMinnesotaU.S.
Total Housing Units88, 100%2,065,946115,904,641
No Bedroom3, 3.41%, see rank2.37%2.95%
1 Bedroom5, 5.68%, see rank13.30%13.38%
2 Bedrooms19, 21.59%, see rank27.40%28.39%
3 Bedrooms37, 42.05%, see rank35.15%38.37%
4 Bedrooms22, 25.00%, see rank17.78%13.81%
5 or More Bedrooms2, 2.27%, see rank4.01%3.09%

*Based on 2000 data.

House Heating Fuel

 55988 Zip CodeMinnesotaU.S.
Total Housing Units82, 100%1,895,127105,480,101
Utility Gas3, 3.66%, see rank67.61%51.22%
Bottled, Tank, or LP Gas52, 63.41%, see rank10.40%6.52%
Electricity7, 8.54%, see rank12.09%30.35%
Fuel Oil, Kerosene, etc.10, 12.20%, see rank6.41%8.97%
Coal or Coke0, 0.00%, see rank0.02%0.14%
Wood10, 12.20%, see rank1.95%1.68%
Solar Energy0, 0.00%, see rank0.02%0.04%
Other Fuel0, 0.00%, see rank1.00%0.39%
No Fuel Used0, 0.00%, see rank0.51%0.69%

*Based on 2000 data.

Gross Rent

Monthly Rental55988 Zip CodeMinnesotaU.S.
Occupied Units Paying Rent10, 100%454,01133,386,326
$199 or Less0, 0.00%, see rank7.67%5.52%
$200 to $2993, 30.00%, see rank7.24%5.45%
$300 to $4995, 50.00%, see rank24.24%23.18%
$500 to $6992, 20.00%, see rank31.07%29.57%
$700 to $9990, 0.00%, see rank22.02%24.06%
$1,000 to $1,4990, 0.00%, see rank6.30%9.15%
$1,500 to $1,9990, 0.00%, see rank1.06%2.05%
$2,000 or More0, 0.00%, see rank0.39%1.02%
Median$370, see rank$566$602

*Based on 2000 data.

Vehicle Available

 55988 Zip CodeMinnesotaU.S.
Occupied Housing Units82, 100%1,895,127105,480,101
No Vehicles Available2, 2.44%, see rank7.66%10.30%
1 Vehicles Available19, 23.17%, see rank31.16%34.25%
2 Vehicles Available33, 40.24%, see rank42.18%38.36%
3 or More Vehicles Available28, 34.15%, see rank19.01%17.10%

*Based on 2000 data.


 
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