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2024 Compare Cities Economy:
Minneapolis, MN vs Franklin Lakes, NJ

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Highlights
- Household income in Franklin Lakes, is 169% more than it is in Minneapolis and is 63% above the National Average.
- Minneapolis unemployment rate is 4.5%.
- Franklin Lakes unemployment rate is 7.4%.

Economy
 Minneapolis, MNFranklin Lakes, NJUnited States
 Unemployment Rate4.5%7.4%6.0%
 Recent Job Growth1.8%-0.5%1.6%
 Future Job Growth36.7%25.3%33.5%
 Sales Taxes8.0%6.6%6.2%
 Income Taxes7.1%5.5%4.6%
 Income per Cap.$43,925$96,187$37,638
 Household Income$70,099$188,272$69,021
 Family Median Income$97,670$220,066$85,028
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 Est. Households By Income
 Minneapolis, MNFranklin Lakes, NJUnited States
 Income Less Than 15K11.3%3.1%9.4%
 Income between 15K and 20K3.6%0.1%3.8%
 Income between 20K and 30K7.3%1.4%8.1%
 Income between 30K and 40K7.7%5.4%8.0%
 Income between 40K and 50K7.1%2.7%7.6%
 Income between 50K and 60K6.8%3.2%7.2%
 Income between 60K and 75K9.4%3.7%9.6%
 Income between 75K and 100K12.6%6.0%12.8%
 Income between 100K and 150K15.9%13.5%16.3%
 Income between 150K and 200K8.2%13.7%7.8%
 Income greater than 200K10.3%47.3%9.5%
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 Population By Occupation
 Minneapolis, MNFranklin Lakes, NJUnited States
 Management, business, finance20.3%30.1%16.4%
 Engineering, computers, science10.4%8.0%6.5%
 Community, social services2.8%3.3%1.8%
 Legal2.0%3.0%1.2%
 Education, library7.8%7.8%6.2%
 Arts, design, media, sports, entertainment4.8%2.4%2.0%
 Healthcare practitioners and technology6.0%10.5%6.2%
 Healthcare support3.3%1.2%3.3%
 Firefighters, law enforcement0.8%0.1%2.1%
 Food preparation, serving6.4%1.6%5.4%
 Building maintenance3.0%0.3%3.6%
 Personal care2.3%2.2%2.6%
 Sales, office, administrative support17.7%24.0%20.9%
 Farming, fishing, forestry0.2%0.0%0.6%
 Construction, extraction, maintenance/repair3.1%4.6%8.1%
 Production, transportation, material moving9.1%1.0%13.1%

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Reviews for Minneapolis    163 Reviews

Lived here since 2007. Great city. I would’ve gave it 5 stars but the winter weather ??. Great for many, I’m burned out on it. We’re the coldest major city in the US and  More

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It’s not Minnesota nice, it’s sardonic.. we know you’re full of **** but we will play along for a while, make you uncomfortable for attempting to pull one over on us..  More

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Over 3 years ago

I lived in Minneapolis (or St. Paul or Stillwater) for 20 years. Minneapolis is a very livable city. It has quality museums, good transportation, excellent healthcare,  More

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Reviews for Franklin Lakes    2 Reviews

Over 14 years ago

It is a nice place to live near everything, ranches to multi million dollar home area, near all shopping, major transportation, 30 minutes to New  More

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Over 18 years ago

Franklin Lakes is a very affluent town to live in. The schools are excellent. I highly reccomend living  More

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ZIPS IN MINNEAPOLIS, MINNESOTA
55407, 55406, 55414, 55408, 55411, 55418, 55404, 55419, 55417, 55412, 21 total
ZIPS IN FRANKLIN LAKES, NEW JERSEY
07417

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