55427 Golden Valley, MN is an attractive place to live due to its close proximity to the city of Minneapolis. It has a variety of amenities such as shopping centers, restaurants, parks, and entertainment venues. The average two bedroom rent in 55427 Golden Valley is $1,410 which is slightly lower than the US average of $1,430. The Grocery Cost Index in 55427 Golden Valley is 101 versus 100 in the US. This means that groceries are slightly more affordable here than other parts of the country. Local companies include Target corporate headquarters, Cargill global headquarters, Select Comfort and General Mills. All these factors make 55427 Golden Valley an ideal place for those looking for a high quality lifestyle at a reasonable cost of living.
Golden Valley (zip 55427) has an unemployment rate of 4.2%. The US average is 6.0%.
Golden Valley (zip 55427) 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 36.9%, which is higher than the US average of 33.5%.
Tax Rates for Golden Valley (zip 55427)
- The Sales Tax Rate for Golden Valley (zip 55427) is 7.5%. The US average is 7.3%.
- The Income Tax Rate for Golden Valley (zip 55427) 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 Golden Valley (zip 55427)
- The average income of a Golden Valley (zip 55427) resident is $42,495 a year. The US average is $37,638 a year.
- The Median household income of a Golden Valley (zip 55427) resident is $85,042 a year. The US average is $69,021 a year.