In the city of Brooklyn Center, Minnesota (zip code 55429), the average rent for a 2 bedroom is $1,440 which is slightly higher than the US national average of $1,430. This city offers a variety of local businesses and attractions to its residents. The local companies include Target Corporation, Phillips Distilling Company, Steinmetz Law Office, Arby’s and Walmart Supercenter. Additionally, Brooklyn Center has an average grocery cost index of 99 compared to the national average of 100. This makes it a great place to live with plenty of job opportunities while also being affordable.
Brooklyn Center (zip 55429) has an unemployment rate of 6.6%. The US average is 6.0%.
Brooklyn Center (zip 55429) has seen the job market decrease by -3.6% over the last year. Future job growth over the next ten years is predicted to be 34.8%, which is higher than the US average of 33.5%.
Tax Rates for Brooklyn Center (zip 55429)
- The Sales Tax Rate for Brooklyn Center (zip 55429) is 7.5%. The US average is 7.3%.
- The Income Tax Rate for Brooklyn Center (zip 55429) 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 Brooklyn Center (zip 55429)
- The average income of a Brooklyn Center (zip 55429) resident is $27,909 a year. The US average is $37,638 a year.
- The Median household income of a Brooklyn Center (zip 55429) resident is $59,120 a year. The US average is $69,021 a year.