Zip 55444 (Brooklyn Park, MN) Economy


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Brooklyn Park, Minnesota is a small city located in Hennepin County. It has a population of 55,444 and is known for its friendly people and diverse cultural backgrounds. The average 2 bedroom rent in Brooklyn Park is $1,310 per month, which is $120 cheaper than the US average of $1,430 per month. Additionally, the Grocery Cost Index in Brooklyn Park is also 100 compared to the US average of 100.
The city has a vibrant economy with many local businesses that contribute to the city’s growth. Some notable companies in Brooklyn Park include General Mills, Polaris Industries, Target Corporation and UnitedHealth Group. With all these companies providing jobs and services to locals, it's no wonder why many people choose to call Brooklyn Park home.

Brooklyn Park (zip 55444) has an unemployment rate of 5.5%. The US average is 6.0%.

Brooklyn Park (zip 55444) 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 36.2%, which is higher than the US average of 33.5%.

Tax Rates for Brooklyn Park (zip 55444)
- The Sales Tax Rate for Brooklyn Park (zip 55444) is 7.5%. The US average is 7.3%.
- The Income Tax Rate for Brooklyn Park (zip 55444) 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 55444)
- The average income of a Brooklyn Park (zip 55444) resident is $27,207 a year. The US average is $28,555 a year.
- The Median household income of a Brooklyn Park (zip 55444) resident is $93,759 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyBrooklyn Park, MinnesotaUnited States
  5.56
  -3.6%-6.2%
  36.2%33.5%
  7.5%6.2%
  7.1%4.6%
  $33,697$37,638
  $93,759$69,021
  $101,544$85,028
  Population by Occupation
  0.3%1.2%
  0.0%0.5%
  5.0%6.8%
  20.5%10.0%
  3.0%2.5%
  8.2%11.0%
  3.3%4.8%
  0.4%0.8%
  0.5%1.9%
  6.8%4.7%
  1.2%1.9%
  8.4%7.6%
  0.1%0.1%
  3.2%4.2%
  5.2%9.3%
  19.6%14.0%
  1.8%2.1%
  4.7%7.0%
  4.3%4.8%
  3.6%4.7%
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