Zip 55369 (Maple Grove, MN) Economy


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The city of 55369 Maple Grove, MN is a great place to live due to its affordability. The average two bedroom rent in the area is $1,800, which is significantly lower than the national average of $1,430. Additionally, the grocery cost index in the area is 102 compared to the US index at 100, making food and other grocery items slightly more expensive than in other places. Those looking to move to this area will be able to take advantage of multiple businesses such as Walmart Supercenter, Target Store and Cub Foods located nearby. Other stores such as Sam’s Club and Harbor Freight Tools are also just a short drive away. In addition to these large retail stores, there are also plenty of small local businesses that offer good quality products and services. These include restaurants like Outback Steakhouse and art galleries like Artistry Gallery & Gifts for those looking for some culture in their new hometown.

Maple Grove (zip 55369) has an unemployment rate of 3.3%. The US average is 6.0%.

Maple Grove (zip 55369) 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 39.4%, which is higher than the US average of 33.5%.

Tax Rates for Maple Grove (zip 55369)
- The Sales Tax Rate for Maple Grove (zip 55369) is 7.5%. The US average is 7.3%.
- The Income Tax Rate for Maple Grove (zip 55369) 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 Grove (zip 55369)
- The average income of a Maple Grove (zip 55369) resident is $36,607 a year. The US average is $28,555 a year.
- The Median household income of a Maple Grove (zip 55369) resident is $101,162 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMaple Grove, MinnesotaUnited States
  3.36
  -3.6%-6.2%
  39.4%33.5%
  7.5%6.2%
  7.1%4.6%
  $50,675$37,638
  $101,162$69,021
  $126,658$85,028
  Population by Occupation
  0.8%1.2%
  0.0%0.5%
  4.5%6.8%
  15.5%10.0%
  3.8%2.5%
  12.0%11.0%
  3.0%4.8%
  0.9%0.8%
  2.5%1.9%
  9.5%4.7%
  1.5%1.9%
  9.1%7.6%
  0.5%0.1%
  2.7%4.2%
  7.3%9.3%
  14.2%14.0%
  1.8%2.1%
  3.4%7.0%
  4.1%4.8%
  2.7%4.7%
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