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AREA INFORMATION

55089 (Welch, MN)

Explore the real estate in 55089 (Welch, MN)

Area Highlights

55089 (Welch, MN) residents have a median age of 40.4 years old, with employment highest in the food and administrative support industries.

2,122 Population

The population has increased by 0.4% since the year 2010.

870 Households

$84,586 /yr
Median Household Income

$450,000
Median Home Sale Price

24m Median Commute Time

Most people in this area drive to work.

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Median Age

Median age is the age that divides a population into two numerically equally sized groups; that is, half the people are younger than this age and half are older. It is a single index that summarizes the age distribution of a population.

LEGEND

  • 61+ years old
  • 51 to 60 years old
  • 41 to 50 years old
  • 31 to 40 years old
  • 21 to 30 years old
  • 11 to 20 years old
  • 0 to 10 years old

Median Home Price

The median sale price measures the “middle” price of homes that sold, meaning that half of the homes sold for a higher price and half sold for less.

LEGEND

  • $2,000,000+
  • $1,000,000 to $2,000,000
  • $800,000 to $1,000,000
  • $600,000 to $800,000
  • $400,000 to $600,000
  • $200,000 to $400,000
  • $0 to $200,000

Median Household Income

The median household income is the income amount that divides a population into two equal groups, half having a household income above that amount, and half having a household income below that amount.

LEGEND

  • $500,000+ per year
  • $250,000 to $500,000 per year
  • $150,000 to $250,000 per year
  • $100,000 to $150,000 per year
  • $75,000 to $100,000 per year
  • $50,000 to $75,000 per year
  • $0 to $50,000 per year

Family & Education

40.4 Median Age

Average Household Size

2.4
persons per
household

51.2%

Married Households

Community Population By Education

High School Graduate 33%
Some College 22%
Bachelors Degree 16%
Graduate Degree 12%
Associates Degree 11%
Some High School 6%
Of the total people surveyed, the most prevalent educational attainment level is High School Graduate, representing 32.97% of the population.

Household Family Expenses vs National Average

This location’s average annual expenditures compared to the national average. Index score (100=National Average)
23% of households have children

Economics

$84,586 /yr
Median Household Income
$450,000
Median Sales Price
24 min
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Household by Income

Out of the households in this area, the largest income group is $50-74,999k representing 13.5% of the households.

Transportation to Work

  • Drive 91%
  • Work from Home 7%
  • Walk or Bike 1%
  • Public Transit 0%

Occupancy by Type

Owned 728 78%
Rented 141 15%
Vacant 59 6%

White vs Blue Collar Jobs







White Collar 70%
Blue Collar 30%

Employment

Employees by Industry

Employees by Occupation

Demographics

Community Population By Age

The median age for this area is 40.4 years old. The smallest percentage group is 55-64 years and the largest percentage is the 85+ years age range.

Community Population By Ethnicity

White 81%
Native American 11%
Hispanic 4%
Other 1%
Black 1%
Asian <1%
The most prevalent ethnicity is White at 81%, followed by Native American at 11%, Hispanic at 4%, and Other at 1%.

Crime & Pollution

Crime vs National Average

This location’s average annual crime rates compared to the national average. Index score (100=National Average)

Pollution vs National Average

This location’s average annual pollution rates compared to the national average. Index score (100=National Average)

Weather

83° July
Hottest Average Month
3° January
Coldest Average Month

Severe Weather

This location’s average annual severe weather events compared to the national average. Index score (100=National Average)

Average Temperature by Month

Low (°F)
High (°F)
Jan
3°
23°
Feb
8°
28°
Mar
21°
40°
Apr
35°
56°
May
47°
69°
Jun
56°
78°
Jul
61°
83°
Aug
59°
81°
Sep
50°
72°
Oct
39°
60°
Nov
25°
41°
Dec
11°
28°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

Listings in the Area

$525,000
For sale
3 beds • 2 baths • 1,432 sqft

27640 Sand Road
Vasa Twp, MN 55089

$799,000
For sale
5 beds • 2 baths • 1 half baths • 3,372 sqft

2 Old Mystic Road
Welch, MN 55089

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Data powered by Attom Data Solutions. Copyright© 2024. Information deemed reliable but not guaranteed.

* Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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