Anoka, MN Economy


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Anoka, MN is a vibrant city with plenty of opportunities for its locals. The median 2 bedroom rent cost in the area is $1,340, which is significantly lower than the national average of $1,430. In addition to affordable living costs, Anoka also has a favorable grocery cost index - 101 in comparison to the US index of 100 - making it an ideal place to live and work. The city also offers plenty of employment opportunities at local companies such as Target Corporation, Anoka-Hennepin School District 11 and North Memorial Health Care Corporation. The thriving community is an excellent option for those looking to settle down in an affordable and friendly environment.

Anoka has an unemployment rate of 4.4%. The US average is 6.0%.

Anoka has seen the job market increase by 1.8% over the last year. Future job growth over the next ten years is predicted to be 35.9%, which is higher than the US average of 33.5%.

Tax Rates for Anoka
- The Sales Tax Rate for Anoka is 7.1%. The US average is 7.3%.
- The Income Tax Rate for Anoka is 7.1%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Anoka
- The average income of a Anoka resident is $25,942 a year. The US average is $28,555 a year.
- The Median household income of a Anoka resident is $66,160 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyAnoka, MinnesotaUnited States
  4.46
  -3.7%-6.2%
  35.9%33.5%
  7.1%6.2%
  7.1%4.6%
  $36,755$37,638
  $66,160$69,021
  $83,465$85,028
  Population by Occupation
  0.0%1.2%
  0.3%0.5%
  7.5%6.8%
  15.1%10.0%
  2.4%2.5%
  12.8%11.0%
  6.1%4.8%
  1.1%0.8%
  1.7%1.9%
  4.1%4.7%
  2.0%1.9%
  6.1%7.6%
  0.0%0.1%
  3.6%4.2%
  8.5%9.3%
  14.9%14.0%
  1.4%2.1%
  6.6%7.0%
  3.7%4.8%
  2.2%4.7%
Reviews for Anoka
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Over 17 years ago

Great Place for all the town is aging as far as people go and the economy is also catering to that fact and Anoka is becoming one of the best places in Minnesota for  More

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