Zip 55040 (Isanti, MN) Economy


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Isanti, Minnesota is a small town located in the Isanti County with a population of about 5,504. It is situated on the edge of the Twin Cities metropolitan area and offers commuters easy access to Minneapolis-St. Paul. The 2 Bedroom Rent in Isanti is $1,330 while the US average for this type of rental is $1,430. This city also has a Grocery Cost Index value of 99 compared to the US average of 100.
Some notable companies that have their headquarters in Isanti include Isanti County News, North Iowa Newspapers Inc., Falcon National Bank and RMS Automotive Inc. Overall, residents benefit from a low cost of living when compared to some larger cities in the region without sacrificing quality or amenities.

Isanti (zip 55040) has an unemployment rate of 6.2%. The US average is 6.0%.

Isanti (zip 55040) 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 36.2%, which is higher than the US average of 33.5%.

Tax Rates for Isanti (zip 55040)
- The Sales Tax Rate for Isanti (zip 55040) is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Isanti (zip 55040) 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 Isanti (zip 55040)
- The average income of a Isanti (zip 55040) resident is $35,357 a year. The US average is $37,638 a year.
- The Median household income of a Isanti (zip 55040) resident is $80,849 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyIsanti, MinnesotaUnited States
  6.26
  -3.6%-6.2%
  36.2%33.5%
  6.9%6.2%
  7.1%4.6%
  $35,357$37,638
  $80,849$69,021
  $88,779$85,028
  Population by Occupation
  0.6%1.2%
  0.4%0.5%
  12.4%6.8%
  21.2%10.0%
  1.5%2.5%
  10.8%11.0%
  4.3%4.8%
  2.3%0.8%
  0.5%1.9%
  2.2%4.7%
  1.4%1.9%
  3.6%7.6%
  0.0%0.1%
  2.3%4.2%
  5.5%9.3%
  14.0%14.0%
  2.6%2.1%
  9.0%7.0%
  2.6%4.8%
  3.1%4.7%
Health