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Economy in Minneapolis (zip 55406), Minnesota

Overview, People, Health, Economy, Housing, Rankings, Climate
Crime, Comments, Transportation, Cost of Living, Religion, Voting

EconomyMinneapolis, MNUnited States
Unemployment Rate5.40%8.60%
Recent Job Growth0.12%0.35%
Future Job Growth34.84%32.10%
Sales Taxes7.78%5.00%
Income Taxes7.05%4.70%
Income per Cap.$25,567$26,154
Household Income$45,479$50,935
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K12.33%12.37%
Income between 15K and 25K10.84%10.53%
Income between 25K and 35K12.86%10.88%
Income between 35K and 50K20.11%15.37%
Income between 50K and 75K21.93%20.14%
Income between 75K and 100K11.60%12.41%
Income between 100K and 150K7.56%11.27%
Income between 150K and 250K2.14%5.01%
Income between 250K and 500K0.59%1.86%
Income greater than 500K0.05%0.16%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations13.10%14.04%
Professional and Related Occupations28.95%20.61%
Service15.60%14.45%
Sales and Office25.55%26.75%
Farming, Fishing, and Forestry0.08%0.70%
Construction, Extraction, and Maintenance5.38%9.42%
Production, Transportation, and Material Moving11.35%14.05%


Median Household Income

The unemployment rate in Minneapolis (zip 55406), MN, is 5.40%, with job growth of 0.12%. Future job growth over the next ten years is predicted to be 34.84%.

Minneapolis (zip 55406), MN Taxes

Minneapolis (zip 55406), MN,sales tax rate is 7.78%. Income tax is 7.05%.

Minneapolis (zip 55406), MN Income and Salaries

The income per capita is $25,567, which includes all adults and children. The median household income is $45,479.


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