Zip 55804 (Duluth, MN) Economy


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Duluth, Minnesota (zip code 55804) is a city located along the banks of Lake Superior. It has a population of around 85,000 people and is known for its stunning views and outdoor activities. The cost of rent for a two bedroom apartment in Duluth is slightly more expensive than the US average at $1,450. The grocery costs in Duluth are quite comparable to other cities in the US with an index score of 99 versus 100 nationally.
The city of Duluth is home to many businesses including Alerus Financial Corporation, CHS Inc., Cirrus Aircraft Corporation, UnitedHealth Group, ADC Telecommunications and IKON Office Solutions. Many local businesses provide employment opportunities for those living in or near the city. For those looking to explore more of what Duluth has to offer, here is a link to a map: https://www.google.com/maps/place/Duluth,+MN+55804/@46.799975,-92.1956657,14z/data=!3m1!4b1!4m5!3m4!1s0x52aa7acb4f56f8a9:0xd47c92d0050a82e2!8m2!3d46.7867286!4d-92.1004852

Duluth (zip 55804) has an unemployment rate of 3.9%. The US average is 6.0%.

Duluth (zip 55804) has seen the job market increase by 1.6% over the last year. Future job growth over the next ten years is predicted to be 32.0%, which is lower than the US average of 33.5%.

Tax Rates for Duluth (zip 55804)
- The Sales Tax Rate for Duluth (zip 55804) is 8.4%. The US average is 7.3%.
- The Income Tax Rate for Duluth (zip 55804) 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 Duluth (zip 55804)
- The average income of a Duluth (zip 55804) resident is $34,432 a year. The US average is $28,555 a year.
- The Median household income of a Duluth (zip 55804) resident is $93,138 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyDuluth, MinnesotaUnited States
  3.96
  -4.0%-6.2%
  32.0%33.5%
  8.4%6.2%
  7.1%4.6%
  $46,832$37,638
  $93,138$69,021
  $111,708$85,028
  Population by Occupation
  0.7%1.2%
  0.4%0.5%
  7.4%6.8%
  6.1%10.0%
  1.9%2.5%
  9.1%11.0%
  3.6%4.8%
  1.5%0.8%
  1.1%1.9%
  4.7%4.7%
  1.5%1.9%
  9.4%7.6%
  0.1%0.1%
  1.3%4.2%
  11.4%9.3%
  20.9%14.0%
  3.3%2.1%
  5.0%7.0%
  5.5%4.8%
  5.3%4.7%
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