Lakeland, MN (zip code 55043) is a small city in Ramsey County with an estimated population of 4,145. The city offers a peaceful and tranquil atmosphere for its inhabitants. 2 bedroom rent in Lakeland is $1,420 which is slightly lower than the US average of $1,430. Moreover, the Grocery Cost Index in Lakeland is 101 versus 100 in the US. The city has several local companies that contribute to its economic growth and development such as Starkey Hearing Technologies, Red Wing Shoes Manufacturing Co., and Anderson Trucking Service Inc. These companies offer employment opportunities to local residents while providing essential products and services to the community.
Lakeland (zip 55043) has an unemployment rate of 3.9%. The US average is 6.0%.
Lakeland (zip 55043) 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 Lakeland (zip 55043)
- The Sales Tax Rate for Lakeland (zip 55043) is 7.1%. The US average is 7.3%.
- The Income Tax Rate for Lakeland (zip 55043) 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 Lakeland (zip 55043)
- The average income of a Lakeland (zip 55043) resident is $52,048 a year. The US average is $37,638 a year.
- The Median household income of a Lakeland (zip 55043) resident is $89,435 a year. The US average is $69,021 a year.