Real Estate Market Update for 56007 (Albert Lea, MN)
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Map Information for 56007 (Albert Lea, MN)

Area Information for 56007 (Albert Lea, MN)
  • Population: 21,228
  • Median Age: 44.17 yr
  • Median Commute Time: 16 mins
  • Educational Climate*: 3
  • Sales Tax: 0%
  • Population Density: 125/sq mi
  • Population Change Since 2000: -4%
  • Closest Airport: Rochester International
  • Closest College: Waldorf College
  • Closest Jr. College: Riverland Community College-albert Lea
  • Median Household Income: $46,100
  • Annual Residential Turnover: 0%
  • Median Home Sales Price: $124,000
  • Closest Major Sports Team: Minnesota Wild
  • Change Avg. Household Income Since 2000: 37.47%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for 56007 (Albert Lea, MN)
Median Age: 44.17 Married: 40% Number of Households: 9,085 Households with Children: 2,099
Community:
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for 56007 (Albert Lea, MN)

      School Name Distance Type Grades School Rating Parent Rating
      St Theodore Catholic School 0.4 mi Catholic PRESCHOOL-5 0 0
      Lakeview Elementary School 0.6 mi Public K-5 3 0
      Brookside Early Childhood Sp Edu 0.9 mi Public UNGRADE-UNGRADE 0 0
      Hawthorne Elementary School 1.0 mi Public K-5 1 0
      Sibley Elementary School 1.0 mi Public K-5 2 0
      Southwest Middle School 1.1 mi Public 6-7 2 0
      Halverson Elementary School 1.5 mi Public PRESCHOOL-5 1 0
      Albert Lea Area Learning Center 2.0 mi Public 9-12 0 0
      Albert Lea Senior High School 2.3 mi Public 8-12 1 0
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area.
      Local Weather for 56007 (Albert Lea, MN)
        Data powered by Attom Data Solutions. Copyright© 2020. 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.