Zip 55122 (Eagan, MN) Economy


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Eagan, MN (55122) is a great place to live with plenty of amenities and resources available. Located in the south of Minnesota near the Twin Cities, Eagan is home to many large companies like Thomson Reuters, HealthPartners, Blue Cross Blue Shield of Minnesota, and more. Furthermore, 2 Bedroom rent in this area is $1,510 which is slightly higher than the US average of $1,430. Additionally, grocery cost index in Eagan is 101 versus 100 in the US making it an affordable option for those looking for a quality living experience. With its convenient location and reasonable cost of living, Eagan can be an ideal place to call home.

Eagan (zip 55122) has an unemployment rate of 3.6%. The US average is 6.0%.

Eagan (zip 55122) 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 36.0%, which is higher than the US average of 33.5%.

Tax Rates for Eagan (zip 55122)
- The Sales Tax Rate for Eagan (zip 55122) is 7.1%. The US average is 7.3%.
- The Income Tax Rate for Eagan (zip 55122) 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 Eagan (zip 55122)
- The average income of a Eagan (zip 55122) resident is $38,783 a year. The US average is $28,555 a year.
- The Median household income of a Eagan (zip 55122) resident is $83,602 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyEagan, MinnesotaUnited States
  3.66
  -3.7%-6.2%
  36.0%33.5%
  7.1%6.2%
  7.1%4.6%
  $46,162$37,638
  $83,602$69,021
  $115,603$85,028
  Population by Occupation
  0.9%1.2%
  0.0%0.5%
  4.1%6.8%
  12.1%10.0%
  2.5%2.5%
  9.2%11.0%
  7.7%4.8%
  0.3%0.8%
  1.9%1.9%
  8.7%4.7%
  1.7%1.9%
  9.0%7.6%
  0.3%0.1%
  2.9%4.2%
  9.4%9.3%
  13.0%14.0%
  1.6%2.1%
  5.9%7.0%
  5.4%4.8%
  3.4%4.7%
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