55011 East Bethel, MN is a city located in Anoka County near the intersection of Interstate Highway 35 and Highway 65. The estimated population as of 2019 was 9,314 people, making it one of the larger cities in the area. The two bedroom rent in this area is $1,900 which is significantly higher than the US average rent for two bedrooms at $1,430. Additionally, the Grocery Cost Index in 55011 East Bethel, MN is 102 versus 100 nationwide.
The city of 55011 East Bethel, MN has many businesses that make up its local economy including ITC Systems Inc., Connecting Point Accounting Services Inc., LJK Industries Inc., and PCS Group LLC. Each provides jobs to local residents and helps contribute to the economic growth of the community. With its convenient location near highways, great amenities such as shopping and dining options, and its affordable housing costs relative to other nearby cities; 55011 East Bethel, MN is an ideal place to live or start a business.
East Bethel (zip 55011) has an unemployment rate of 4.4%. The US average is 6.0%.
East Bethel (zip 55011) has seen the job market decrease by -3.7% over the last year. Future job growth over the next ten years is predicted to be 35.9%, which is higher than the US average of 33.5%.
Tax Rates for East Bethel (zip 55011)
- The Sales Tax Rate for East Bethel (zip 55011) is 7.1%. The US average is 7.3%.
- The Income Tax Rate for East Bethel (zip 55011) 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 East Bethel (zip 55011)
- The average income of a East Bethel (zip 55011) resident is $42,043 a year. The US average is $37,638 a year.
- The Median household income of a East Bethel (zip 55011) resident is $115,617 a year. The US average is $69,021 a year.