Edina, Minnesota (55436) is an affluent suburb of Minneapolis with a population of 50,000 residents. Local businesses include Edina Realty, Southdale Center Mall, Lunds & Byerlys Grocery Store, and the Arrow Ace Hardware store. The rental cost of two-bedroom apartments in Edina is $1,640 compared to the national average of $1,430. The grocery cost index is 107 versus 100 in the US - meaning groceries are more expensive in Edina than other cities.
Edina (zip 55436) has an unemployment rate of 3.1%. The US average is 6.0%.
Edina (zip 55436) 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 40.7%, which is higher than the US average of 33.5%.
Tax Rates for Edina (zip 55436)
- The Sales Tax Rate for Edina (zip 55436) is 7.5%. The US average is 7.3%.
- The Income Tax Rate for Edina (zip 55436) 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 Edina (zip 55436)
- The average income of a Edina (zip 55436) resident is $81,152 a year. The US average is $37,638 a year.
- The Median household income of a Edina (zip 55436) resident is $122,500 a year. The US average is $69,021 a year.