55432 Fridley, MN is an ideal place to live for those looking for affordable rent and cost of living. The average 2 bedroom rent in the area is $1,350, which is slightly lower than the US average of $1,430. Additionally, the Grocery Cost Index in 55432 Fridley is 100- just like the national average. The area has a plethora of local businesses that offer quality services and products. Local companies include Lunds & Byerlys grocery store, North Memorial Medical Center hospital, Victory Auto Service Center car maintenance and repair shop, and Taco Bell fast food restaurant among many others.
Fridley (zip 55432) has an unemployment rate of 5.2%. The US average is 6.0%.
Fridley (zip 55432) 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 32.4%, which is lower than the US average of 33.5%.
Tax Rates for Fridley (zip 55432)
- The Sales Tax Rate for Fridley (zip 55432) is 7.1%. The US average is 7.3%.
- The Income Tax Rate for Fridley (zip 55432) 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 Fridley (zip 55432)
- The average income of a Fridley (zip 55432) resident is $32,872 a year. The US average is $37,638 a year.
- The Median household income of a Fridley (zip 55432) resident is $68,480 a year. The US average is $69,021 a year.