55413 Minneapolis, MN is a great place to live and work. Located in Hennepin County, this city offers many amenities and activities for its residents. The cost of living here is lower than the US average, with 2 bedroom rent averaging around $1,490 per month. Additionally, the grocery cost index for 55413 is 101 compared to 100 for the US.
The city offers plenty of employment opportunities from both large companies and small businesses. Major employers in the area include Target Corporation headquarters, University of Minnesota–Twin Cities, and Mayo Clinic. Smaller local businesses offer unique jobs such as bartending at The Pourhouse or working at a farmers market stand like Kombucha Kultivators.
In addition to finding employment in 55413 Minneapolis, MN residents can take advantage of the city’s cultural offerings such as theater performances at Illusion Theater or taking classes at the Walker Art Center. With plenty of job opportunities and an active cultural scene, 55413 Minneapolis is a great place to call home.
Minneapolis (zip 55413) has an unemployment rate of 4.5%. The US average is 6.0%.
Minneapolis (zip 55413) 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 36.7%, which is higher than the US average of 33.5%.
Tax Rates for Minneapolis (zip 55413)
- The Sales Tax Rate for Minneapolis (zip 55413) is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Minneapolis (zip 55413) 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 Minneapolis (zip 55413)
- The average income of a Minneapolis (zip 55413) resident is $33,669 a year. The US average is $28,555 a year.
- The Median household income of a Minneapolis (zip 55413) resident is $72,354 a year. The US average is $69,021 a year.