Brooklyn Park, MN is a great place to live. It is the sixth largest city in Minnesota with a population of 55,443 people. The average two bedroom rent rate in Brooklyn Park is $1,410, which is slightly less than the national average of $1,430. Grocery prices are also lower here than in other parts of the country with the local grocery cost index at 102 compared to the 100 US index.
The city of Brooklyn Park offers something for everyone. It features many businesses such as Target Corporation’s corporate headquarters and facilities of Best Buy US Headquarters, Honeywell International Inc., and Philips Electronics North America Corporation. There are also many attractions such as The Links at Northfork Golf Course, Edinburgh USA Golf Course, Elm Creek Park Reserve and The Bunker Beach Waterpark to enjoy all year round.
Brooklyn Park (zip 55443) has an unemployment rate of 5.5%. The US average is 6.0%.
Brooklyn Park (zip 55443) 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 36.2%, which is higher than the US average of 33.5%.
Tax Rates for Brooklyn Park (zip 55443)
- The Sales Tax Rate for Brooklyn Park (zip 55443) is 7.5%. The US average is 7.3%.
- The Income Tax Rate for Brooklyn Park (zip 55443) 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 Park (zip 55443)
- The average income of a Brooklyn Park (zip 55443) resident is $37,876 a year. The US average is $37,638 a year.
- The Median household income of a Brooklyn Park (zip 55443) resident is $82,290 a year. The US average is $69,021 a year.