Zip 55105 (St. Paul, MN) Economy


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St. Paul, MN 55105 is an exciting place to live with plenty of amenities. Residents have access to excellent education opportunities, cultural attractions, and culinary delights. There is no shortage of outdoor activities either, such as skiing, snowshoeing, fishing in one of the many nearby lakes. The area also has a strong economy thanks to local companies such as 3M, Ecolab, Securian Financial Group, and Stellantis. 2 bedroom rent in the area is around $1,440 and the grocery cost index is 104 compared to 100 in the US. Adding to its appeal are numerous parks that offer trails for hiking and biking as well as art exhibits or musical performances throughout the year. St. Paul offers something for everyone!

St. Paul (zip 55105) has an unemployment rate of 4.9%. The US average is 6.0%.

St. Paul (zip 55105) 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 35.9%, which is higher than the US average of 33.5%.

Tax Rates for St. Paul (zip 55105)
- The Sales Tax Rate for St. Paul (zip 55105) is 7.9%. The US average is 7.3%.
- The Income Tax Rate for St. Paul (zip 55105) 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 55105)
- The average income of a St. Paul (zip 55105) resident is $43,373 a year. The US average is $28,555 a year.
- The Median household income of a St. Paul (zip 55105) resident is $100,818 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySt. Paul, MinnesotaUnited States
  4.96
  -3.6%-6.2%
  35.9%33.5%
  7.9%6.2%
  7.1%4.6%
  $62,728$37,638
  $100,818$69,021
  $162,109$85,028
  Population by Occupation
  0.3%1.2%
  0.0%0.5%
  3.0%6.8%
  8.2%10.0%
  2.0%2.5%
  7.2%11.0%
  2.1%4.8%
  0.2%0.8%
  3.2%1.9%
  6.0%4.7%
  0.8%1.9%
  11.5%7.6%
  0.3%0.1%
  2.1%4.2%
  20.0%9.3%
  15.7%14.0%
  2.7%2.1%
  5.8%7.0%
  4.4%4.8%
  4.4%4.7%
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