The city of St Paul, MN (55101) is a lively metropolitan area that offers many opportunities for work and leisure alike. It is home to many thriving companies such as 3M, Xcel Energy, Ecolab and Cray Inc. This diverse city also boasts a relatively low cost of living when compared to the US average. The average 2-bedroom rent in 55101 St Paul is only $1,950 compared to the US average of $1,430. Grocery costs are similarly lower with an index score of 97 versus the US average score of 100. All these factors make 55101 St Paul a very desirable place to live for those looking for affordability without sacrificing quality or culture.
St. Paul (zip 55101) has an unemployment rate of 4.9%. The US average is 6.0%.
St. Paul (zip 55101) has seen the job market decrease by -3.6% over the last year. Future job growth over the next ten years is predicted to be 35.9%, which is higher than the US average of 33.5%.
Tax Rates for St. Paul (zip 55101)
- The Sales Tax Rate for St. Paul (zip 55101) is 7.9%. The US average is 7.3%.
- The Income Tax Rate for St. Paul (zip 55101) 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 (zip 55101)
- The average income of a St. Paul (zip 55101) resident is $56,517 a year. The US average is $37,638 a year.
- The Median household income of a St. Paul (zip 55101) resident is $66,292 a year. The US average is $69,021 a year.