Zip 55068 (Rosemount, MN) Economy


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Rosemount, MN is a charming suburb of Minneapolis located in Dakota County. This small city of around 23,000 residents is known for its scenic parks and trails and its close proximity to the Twin Cities.
The cost of living in Rosemount is on par with the national average. A two bedroom rental will run you about $1730 per month while groceries are slightly high at 102 index versus 100 nationally.
Rosemount has an active downtown area lined with local businesses such as the local cafe Rosemount Coffee Co., traditional Italian restaurant Alfonso's Pizza & Pasta, and the family owned restaurant and bar Mama's Pizza. Other popular spots include The Nook - a neighborhood store with clothing, jewelry, and gifts - as well as Perennial Cycle - an outdoor cyclist’s paradise that offers bikes and services to any level rider. With plenty of options for shopping, dining, entertainment, and recreation Rosemount offers something for everyone.

Rosemount (zip 55068) has an unemployment rate of 4.1%. The US average is 6.0%.

Rosemount (zip 55068) 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 36.7%, which is higher than the US average of 33.5%.

Tax Rates for Rosemount (zip 55068)
- The Sales Tax Rate for Rosemount (zip 55068) is 7.1%. The US average is 7.3%.
- The Income Tax Rate for Rosemount (zip 55068) 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 Rosemount (zip 55068)
- The average income of a Rosemount (zip 55068) resident is $33,451 a year. The US average is $28,555 a year.
- The Median household income of a Rosemount (zip 55068) resident is $113,598 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyRosemount, MinnesotaUnited States
  4.16
  -3.7%-6.2%
  36.7%33.5%
  7.1%6.2%
  7.1%4.6%
  $48,032$37,638
  $113,598$69,021
  $125,147$85,028
  Population by Occupation
  0.3%1.2%
  0.0%0.5%
  5.3%6.8%
  12.7%10.0%
  2.4%2.5%
  12.6%11.0%
  6.0%4.8%
  0.3%0.8%
  2.4%1.9%
  8.2%4.7%
  1.2%1.9%
  8.0%7.6%
  0.6%0.1%
  2.6%4.2%
  9.4%9.3%
  13.6%14.0%
  1.0%2.1%
  4.2%7.0%
  4.4%4.8%
  4.9%4.7%
Health