Columbia Heights, MN Economy


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Columbia Heights, MN is a great place to live with affordable rent, as demonstrated by the two bedroom rent of $1,360 compared to the US two bedroom rent of $1,430. The grocery cost index in Columbia Heights is also very competitive at 99 versus 100 in the US. There are many businesses and local companies that make this city unique such as Starbucks, SuperTarget, Walmart Neighborhood Market and Cub Foods. In addition to these well known businesses there are locally owned shops like The Happy Pan Creperie and Daisy's Cakes where you can find a taste of local flavor. Columbia Heights also has several parks so you have plenty of options for outdoor activities. If you like nightlife or cultural events there are many venues including the University of Minnesota which offers music concerts and theater performances throughout the year.

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

Columbia Heights 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 Columbia Heights
- The Sales Tax Rate for Columbia Heights is 7.1%. The US average is 7.3%.
- The Income Tax Rate for Columbia Heights 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 Columbia Heights
- The average income of a Columbia Heights resident is $25,176 a year. The US average is $28,555 a year.
- The Median household income of a Columbia Heights resident is $69,460 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyColumbia Heights, MinnesotaUnited States
  4.46
  -3.7%-6.2%
  35.9%33.5%
  7.1%6.2%
  7.1%4.6%
  $34,694$37,638
  $69,460$69,021
  $86,516$85,028
  Population by Occupation
  0.3%1.2%
  0.0%0.5%
  2.7%6.8%
  14.0%10.0%
  2.4%2.5%
  11.4%11.0%
  9.0%4.8%
  0.7%0.8%
  1.5%1.9%
  4.4%4.7%
  2.8%1.9%
  5.6%7.6%
  0.0%0.1%
  4.8%4.2%
  6.8%9.3%
  20.1%14.0%
  1.1%2.1%
  7.0%7.0%
  3.5%4.8%
  2.0%4.7%
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