Zip 55301 (Albertville, MN) Economy


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Albertville, MN 55301 is located in Wright County and is an ideal place to settle down. Popular companies in this area include JBS USA, Pilgrim’s Pride, GS Manufacturing, Brandl Motor Sports and Two Harbors Fish Company. The median 2 bedroom rent for Albertville is $1,710 per month with groceries costing about 1% more than the US overall average. With its close proximity to local attractions such as Elk River Speedway Park and Minnesota Horse & Hunt Club, Albertville offers a unique combination of outdoor activities and business opportunities.

Albertville (zip 55301) has an unemployment rate of 4.5%. The US average is 6.0%.

Albertville (zip 55301) 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 36.1%, which is higher than the US average of 33.5%.

Tax Rates for Albertville (zip 55301)
- The Sales Tax Rate for Albertville (zip 55301) is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Albertville (zip 55301) 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 Albertville (zip 55301)
- The average income of a Albertville (zip 55301) resident is $31,627 a year. The US average is $28,555 a year.
- The Median household income of a Albertville (zip 55301) resident is $102,270 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyAlbertville, MinnesotaUnited States
  4.56
  -3.5%-6.2%
  36.1%33.5%
  7.4%6.2%
  7.1%4.6%
  $40,058$37,638
  $102,270$69,021
  $119,815$85,028
  Population by Occupation
  0.5%1.2%
  0.0%0.5%
  12.4%6.8%
  11.6%10.0%
  4.4%2.5%
  17.8%11.0%
  2.6%4.8%
  1.1%0.8%
  1.7%1.9%
  10.7%4.7%
  0.5%1.9%
  4.0%7.6%
  0.0%0.1%
  2.3%4.2%
  5.4%9.3%
  12.0%14.0%
  2.9%2.1%
  2.3%7.0%
  3.6%4.8%
  4.1%4.7%
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