Zip 55123 (Eagan, MN) Economy


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Eagan, MN 55123 is a great place to live and work. The two bedroom rent in Eagan is $1,630 which is slightly higher than the national average of $1,430. This area also has a grocery cost index of 103 compared to the US at 100. As far as living goes, there's lots of opportunity for work especially since the city is home to many major companies like Thomson Reuters, Blue Cross Blue Shield, Boston Scientific Corporation and 3M. There are also many local shops and restaurants where you can find quality goods and services that make living in this city so much more enjoyable.

Eagan (zip 55123) has an unemployment rate of 3.6%. The US average is 6.0%.

Eagan (zip 55123) 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 55123)
- The Sales Tax Rate for Eagan (zip 55123) is 7.1%. The US average is 7.3%.
- The Income Tax Rate for Eagan (zip 55123) 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 55123)
- The average income of a Eagan (zip 55123) resident is $45,397 a year. The US average is $28,555 a year.
- The Median household income of a Eagan (zip 55123) resident is $123,393 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%
  $59,478$37,638
  $123,393$69,021
  $147,952$85,028
  Population by Occupation
  0.1%1.2%
  0.1%0.5%
  3.9%6.8%
  10.5%10.0%
  2.5%2.5%
  10.3%11.0%
  5.4%4.8%
  0.1%0.8%
  2.5%1.9%
  9.7%4.7%
  1.5%1.9%
  12.7%7.6%
  0.5%0.1%
  3.5%4.2%
  8.2%9.3%
  15.8%14.0%
  2.4%2.1%
  3.7%7.0%
  3.2%4.8%
  3.6%4.7%
Health