St. Paul, MN is an amazing city with a population of about 300,000 people. It is the capital and second most populous city in Minnesota. St. Paul is home to many large companies such as 3M, Ecolab, Securian Financial Group and St. Jude Medical. The cost of living in the area is slightly lower than the national average with 2 bedroom rent being $1,200 compared to $1,430 nationally. Groceries are also cheaper in St. Paul with a grocery cost index of 98 compared to 100 in the US on average. In terms of entertainment, there are plenty of things to do in St. Paul including restaurants like Pazzaluna Urban Italian Restaurant & Bar and unique attractions like Como Park Zoo & Conservatory or an evening at one of the many breweries or distilleries in the city.
St. Paul (zip 55106) has an unemployment rate of 4.9%. The US average is 6.0%.
St. Paul (zip 55106) 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 55106)
- The Sales Tax Rate for St. Paul (zip 55106) is 7.9%. The US average is 7.3%.
- The Income Tax Rate for St. Paul (zip 55106) 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 55106)
- The average income of a St. Paul (zip 55106) resident is $22,903 a year. The US average is $37,638 a year.
- The Median household income of a St. Paul (zip 55106) resident is $56,634 a year. The US average is $69,021 a year.