Zip 55434 (Blaine, MN) Economy


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55434 Blaine, MN is a great place to live because of its affordability. The median 2-bedroom rent is $1,490, which is slightly lower than the US average of $1,430. Additionally, the overall Cost of Living Index for Blaine is 100 versus 100 in the US - making it an affordable option for many. In terms of local companies there are a range of options to choose from in this area such as Target Corporation, Best Buy Co., Inc., Twin Cities Orthopedics PA and U.S. Bank National Association. These businesses provide residents of 55434 with many job opportunities and help add to its thriving economy.

Blaine (zip 55434) has an unemployment rate of 4.2%. The US average is 6.0%.

Blaine (zip 55434) 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 37.7%, which is higher than the US average of 33.5%.

Tax Rates for Blaine (zip 55434)
- The Sales Tax Rate for Blaine (zip 55434) is 7.1%. The US average is 7.3%.
- The Income Tax Rate for Blaine (zip 55434) 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 Blaine (zip 55434)
- The average income of a Blaine (zip 55434) resident is $27,199 a year. The US average is $28,555 a year.
- The Median household income of a Blaine (zip 55434) resident is $79,855 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyBlaine, MinnesotaUnited States
  4.26
  -3.7%-6.2%
  37.7%33.5%
  7.1%6.2%
  7.1%4.6%
  $32,556$37,638
  $79,855$69,021
  $92,239$85,028
  Population by Occupation
  0.4%1.2%
  0.1%0.5%
  5.0%6.8%
  16.3%10.0%
  1.5%2.5%
  15.2%11.0%
  6.4%4.8%
  0.4%0.8%
  1.2%1.9%
  5.4%4.7%
  1.4%1.9%
  5.0%7.6%
  0.0%0.1%
  3.0%4.2%
  6.5%9.3%
  15.4%14.0%
  1.2%2.1%
  6.4%7.0%
  7.1%4.8%
  2.3%4.7%
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