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2024 Compare Cities Economy:
St. Louis Park, MN vs Richfield, MN

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Highlights
- Household income in Richfield, is 15% less than it is in St. Louis Park and is 7% above the National Average.
- St. Louis Park unemployment rate is 3.5%.
- Richfield unemployment rate is 4.3%.

Economy
 St. Louis Park, MNRichfield, MNUnited States
 Unemployment Rate3.5%4.3%6.0%
 Recent Job Growth1.8%1.8%1.6%
 Future Job Growth38.3%33.8%33.5%
 Sales Taxes7.5%7.5%6.2%
 Income Taxes7.1%7.1%4.6%
 Income per Cap.$55,737$39,958$37,638
 Household Income$87,639$74,301$69,021
 Family Median Income$127,666$95,319$85,028
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 Est. Households By Income
 St. Louis Park, MNRichfield, MNUnited States
 Income Less Than 15K5.6%5.9%9.4%
 Income between 15K and 20K2.5%2.7%3.8%
 Income between 20K and 30K4.9%5.0%8.1%
 Income between 30K and 40K5.4%7.1%8.0%
 Income between 40K and 50K7.1%8.9%7.6%
 Income between 50K and 60K7.3%7.5%7.2%
 Income between 60K and 75K9.9%13.5%9.6%
 Income between 75K and 100K14.5%14.3%12.8%
 Income between 100K and 150K17.7%19.3%16.3%
 Income between 150K and 200K12.3%8.5%7.8%
 Income greater than 200K12.8%7.2%9.5%
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 Population By Occupation
 St. Louis Park, MNRichfield, MNUnited States
 Management, business, finance26.3%18.3%16.4%
 Engineering, computers, science12.4%11.3%6.5%
 Community, social services2.1%1.8%1.8%
 Legal1.4%1.0%1.2%
 Education, library6.4%4.5%6.2%
 Arts, design, media, sports, entertainment4.0%2.6%2.0%
 Healthcare practitioners and technology7.2%4.9%6.2%
 Healthcare support3.3%1.9%3.3%
 Firefighters, law enforcement1.0%1.2%2.1%
 Food preparation, serving3.6%5.3%5.4%
 Building maintenance1.9%5.0%3.6%
 Personal care1.6%2.8%2.6%
 Sales, office, administrative support18.9%22.2%20.9%
 Farming, fishing, forestry0.2%0.2%0.6%
 Construction, extraction, maintenance/repair2.8%5.6%8.1%
 Production, transportation, material moving6.9%11.5%13.1%

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Reviews for St. Louis Park    3 Reviews

Do your research before considering a move here. Make sure the politics and demographics are what you seek. This burb has changed dramatically in the past 10 years and  More

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Over 17 years ago

Due to the incredible amount of Fortune 500 companies in the Twin Cities, the housing market is amazingly stable. St Louis Park is a youthful suburb great for young  More

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I was born and raised in St. Louis Park, and I now live in Southeast Minneapolis, as I am a college student at the University of Minnesota. After leaving "the Park", I  More

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Reviews for Richfield    3 Reviews

Over 11 years ago

Richfield is probably the most convenient suburb in the Twin Cities. It is near 494, 35W, 35E, 55, 100, 169, and 62...which are basically all the major free ways in the  More

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Over 13 years ago

Comfortable middle class suburb. Fifteen minutes from both downtown Minneapolis and St. Paul. Conveniently close to the airport. Good schools. Lots of parks and  More

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Over 18 years ago

Richfield is a first-ring, older suburb of 1950's and 60's houses. They range from very nice, middle-class houses to poorly maintained, cheaply built houses that now  More

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ZIPS IN ST. LOUIS PARK, MINNESOTA
55416 55426
ZIPS IN RICHFIELD, MINNESOTA
55423

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