Zip 55126 (Shoreview, MN) Economy


Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.
Shoreview, MN is a great place to live with an average 2-bedroom rent of $1,550, which is slightly more than the national average of $1,430. The grocery cost index in Shoreview is 102 compared to 100 nationwide. There are many great local companies that make living in Shoreview enjoyable such as Sals Pizza and Pasta Restaurant, Lunds & Byerlys Grocery Store, and A&B Business Solutions. Sals Pizza offers fresh pizza made daily with quality ingredients in a family friendly atmosphere. Lunds & Byerlys Grocery Store provides delicious groceries from organic produce to gourmet meats and cheeses. A&B Business Solutions provides a wide range of services such as accounting and payroll services for small businesses.

Shoreview (zip 55126) has an unemployment rate of 3.2%. The US average is 6.0%.

Shoreview (zip 55126) 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 Shoreview (zip 55126)
- The Sales Tax Rate for Shoreview (zip 55126) is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Shoreview (zip 55126) 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 Shoreview (zip 55126)
- The average income of a Shoreview (zip 55126) resident is $44,009 a year. The US average is $28,555 a year.
- The Median household income of a Shoreview (zip 55126) resident is $101,414 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyShoreview, MinnesotaUnited States
  3.26
  -3.6%-6.2%
  36.1%33.5%
  7.4%6.2%
  7.1%4.6%
  $54,527$37,638
  $101,414$69,021
  $136,674$85,028
  Population by Occupation
  0.3%1.2%
  0.1%0.5%
  3.9%6.8%
  14.5%10.0%
  2.5%2.5%
  8.9%11.0%
  2.4%4.8%
  0.4%0.8%
  1.3%1.9%
  6.5%4.7%
  1.2%1.9%
  10.1%7.6%
  0.1%0.1%
  2.3%4.2%
  11.8%9.3%
  19.1%14.0%
  2.0%2.1%
  3.5%7.0%
  3.7%4.8%
  5.2%4.7%
Health