Alexandria Metro Area, MN Economy


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United States / Minnesota / Alexandria Metro Area / Counties / Cities / Zip Codes
Alexandria, MN Metro Area is a great place to live! It has a low median two bedroom rent at $870 compared to the US median of $1,430. Additionally, the Grocery Cost Index in Alexandria is 99 as compared to the US index of 100; this indicates that groceries are relatively inexpensive here. With its convenient location between Minneapolis and St. Paul, residents have access to a wide variety of employment opportunities with local companies such as Marvin Windows & Doors, Runestone Electric Association, and Central Lakes College. These employers provide jobs and contribute to a vibrant economy. All in all, Alexandria offers an affordable cost of living with plenty of job options nearby.

Alexandria Metro Area has an unemployment rate of 4.1%. The US average is 6.0%.

Alexandria Metro Area has seen the job market decrease by -0.6% over the last year. Future job growth over the next ten years is predicted to be 36.5%, which is higher than the US average of 33.5%.

Tax Rates for Alexandria Metro Area
- The Sales Tax Rate for Alexandria Metro Area is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Alexandria Metro Area 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 Alexandria Metro Area
- The average income of a Alexandria Metro Area resident is $38,288 a year. The US average is $37,638 a year.
- The Median household income of a Alexandria Metro Area resident is $69,069 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyAlexandria, MinnesotaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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