Inver Grove Heights, MN (55077) is a popular city located in the Greater Minneapolis Area. It has an estimated population of 33,433 people and an average 2 bedroom rent of $1,330. The grocery cost index in Inver Grove Heights is 105 compared to 100 in the US. There are several notable local companies located within this city such as Cabot Creamery Cooperative, Deluxe Corporation, and Ecolab Inc. Cabot Creamery Cooperative is a farmer-owned dairy cooperative that produces cheese, butter, sour cream and yogurt products. Deluxe Corporation provides solutions for small business owners with services such as web hosting and printing services. Ecolab Inc. provides hygiene products and services for foodservice operations around the world.
Inver Grove Heights (zip 55077) has an unemployment rate of 4.1%. The US average is 6.0%.
Inver Grove Heights (zip 55077) 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 36.4%, which is higher than the US average of 33.5%.
Tax Rates for Inver Grove Heights (zip 55077)
- The Sales Tax Rate for Inver Grove Heights (zip 55077) is 7.1%. The US average is 7.3%.
- The Income Tax Rate for Inver Grove Heights (zip 55077) 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 Inver Grove Heights (zip 55077)
- The average income of a Inver Grove Heights (zip 55077) resident is $56,199 a year. The US average is $37,638 a year.
- The Median household income of a Inver Grove Heights (zip 55077) resident is $92,808 a year. The US average is $69,021 a year.