Zip 55346 (Eden Prairie, MN) Economy


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Eden Prairie, MN is a city located in Hennepin County with an estimated population of 55,346. The area provides many modern conveniences and amenities that make it an attractive place to live. Rent for a two bedroom apartment in Eden Prairie is priced at $1,960 monthly, with the US average being $1,430. Grocery costs are also slightly higher in Eden Prairie with their index being 104 compared to 100 in the US. \nEden Prairie is home to many notable companies such as Optum (a UnitedHealth Group company), MTS Systems Corporation, SuperValu Inc., and Pearson VUE. Cost of living can be considered high but it also depends on personal lifestyle preferences and how much one is willing to spend on necessities like housing, food, transportation and healthcare services.

Eden Prairie (zip 55346) has an unemployment rate of 3.2%. The US average is 6.0%.

Eden Prairie (zip 55346) 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 37.0%, which is higher than the US average of 33.5%.

Tax Rates for Eden Prairie (zip 55346)
- The Sales Tax Rate for Eden Prairie (zip 55346) is 7.5%. The US average is 7.3%.
- The Income Tax Rate for Eden Prairie (zip 55346) 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 Eden Prairie (zip 55346)
- The average income of a Eden Prairie (zip 55346) resident is $46,789 a year. The US average is $28,555 a year.
- The Median household income of a Eden Prairie (zip 55346) resident is $123,596 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyEden Prairie, MinnesotaUnited States
  3.26
  -3.6%-6.2%
  37.0%33.5%
  7.5%6.2%
  7.1%4.6%
  $56,274$37,638
  $123,596$69,021
  $138,143$85,028
  Population by Occupation
  0.5%1.2%
  0.1%0.5%
  3.2%6.8%
  13.8%10.0%
  4.7%2.5%
  12.7%11.0%
  2.7%4.8%
  0.2%0.8%
  2.2%1.9%
  9.9%4.7%
  1.0%1.9%
  11.5%7.6%
  0.2%0.1%
  2.3%4.2%
  8.5%9.3%
  14.6%14.0%
  2.6%2.1%
  3.3%7.0%
  3.1%4.8%
  2.8%4.7%
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