Fridley, MN is a city located in Anoka County and is roughly 4 miles northwest of Minneapolis. It is home to over 27,000 residents and offers many amenities that make it attractive to potential renters. The 2 bedroom rent in Fridley, MN is $1,350 which is less than the US average of $1,430. In addition, the Grocery Cost Index in Fridley, MN matches the national index of 100 which adds to its desirability as a place to call home. \nThe local economy benefits from major employers such as Best Buy Headquarters and Medtronic Inc., as well as smaller businesses such as The Vine Arts Center and Classic Auto Body. With so much to offer, Fridley has become an increasingly sought-after destination for those looking for an affordable place to live with plenty of job opportunities.
Fridley has an unemployment rate of 5.2%. The US average is 6.0%.
Fridley 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 32.4%, which is lower than the US average of 33.5%.
Tax Rates for Fridley
- The Sales Tax Rate for Fridley is 7.1%. The US average is 7.3%.
- The Income Tax Rate for Fridley 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 Fridley
- The average income of a Fridley resident is $26,931 a year. The US average is $28,555 a year.
- The Median household income of a Fridley resident is $68,910 a year. The US average is $69,021 a year.