Zip 55071 (St. Paul Park, MN) Economy


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St. Paul Park, MN (Zip code 55071) is a small city located in the Minneapolis-St. Paul metropolitan area. It has a population of about 5,000 people and offers easy access to both downtown St. Paul and Minneapolis. The average 2 bedroom rent in St. Paul Park is $1,420 compared to $1,430 in the US as a whole. Grocery costs are also very reasonable with the Grocery Cost Index here being 99 compared to 100 for the US.
The city of St. Paul Park offers a wide range of local attractions such as its parks, lakes, trails and playgrounds. Popular places include Mississippi National River & Recreation Area, Fort Snelling State Park and Gray Fox Nature Preserve which offer residents plenty of outdoor recreation opportunities. There are also several local businesses such as John F Miller Electric Company, Chico's Funhouse Inc., and Big Daddy's Bar & Grill that provide employment opportunities for many locals looking for work within the city limits.

St. Paul Park (zip 55071) has an unemployment rate of 3.9%. The US average is 6.0%.

St. Paul Park (zip 55071) 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 St. Paul Park (zip 55071)
- The Sales Tax Rate for St. Paul Park (zip 55071) is 7.1%. The US average is 7.3%.
- The Income Tax Rate for St. Paul Park (zip 55071) 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 St. Paul Park (zip 55071)
- The average income of a St. Paul Park (zip 55071) resident is $37,858 a year. The US average is $37,638 a year.
- The Median household income of a St. Paul Park (zip 55071) resident is $85,222 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySt. Paul Park, MinnesotaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
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    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
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    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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