Zip 55358 (Maple Lake, MN) Economy


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The city of Maple Lake in Minnesota (55358) is an ideal place to live and work. With a two bedroom rent of $1,180, it is more affordable than the national average of $1,430. Furthermore, the grocery cost index is only 99 in comparison to the US average of 100, making it more affordable for families as well. The city offers many great job opportunities in a variety of industries such as healthcare, finance, education and retail. Popular employers include Hutchinson Technology Incorporated, Maple Lake Public Schools and Agrace Hospice Care. There are many local businesses such as Maple Pharmacy and Sullivan’s Foodtown which offer convenience to residents living in the area.

Maple Lake (zip 55358) has an unemployment rate of 4.5%. The US average is 6.0%.

Maple Lake (zip 55358) 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 36.1%, which is higher than the US average of 33.5%.

Tax Rates for Maple Lake (zip 55358)
- The Sales Tax Rate for Maple Lake (zip 55358) is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Maple Lake (zip 55358) 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 Maple Lake (zip 55358)
- The average income of a Maple Lake (zip 55358) resident is $29,596 a year. The US average is $28,555 a year.
- The Median household income of a Maple Lake (zip 55358) resident is $83,583 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMaple Lake, MinnesotaUnited States
  4.56
  -3.5%-6.2%
  36.1%33.5%
  7.4%6.2%
  7.1%4.6%
  $39,841$37,638
  $83,583$69,021
  $100,074$85,028
  Population by Occupation
  2.8%1.2%
  0.0%0.5%
  11.7%6.8%
  15.1%10.0%
  3.5%2.5%
  12.9%11.0%
  3.1%4.8%
  1.0%0.8%
  1.5%1.9%
  4.0%4.7%
  1.2%1.9%
  4.6%7.6%
  0.3%0.1%
  4.0%4.2%
  7.6%9.3%
  13.1%14.0%
  0.6%2.1%
  5.7%7.0%
  3.3%4.8%
  3.9%4.7%
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