St. Paul, MN 55116 is an ideal place to live for those looking for a comfortable lifestyle. With an average two bedroom rent of $1,410 per month, it is slightly lower than the US average of $1,430. Grocery cost index in St. Paul is 104 compared to 100 in the US, which makes it an affordable place to live.
St. Paul is home to many local companies such as 3M, Ecolab and Securian Financial Group who are known for their strong presence in the corporate world. HealthEast Care System and Twin City Orthopedics are also popular healthcare providers located in this area that cater to locals’ medical needs at both inpatient and outpatient levels. Local businesses like The Dubliner Irish Pub and Restaurant and Boca Chica Mexican Restaurant offer interesting dining experiences alongside other entertainment activities around town.
St. Paul (zip 55116) has an unemployment rate of 4.9%. The US average is 6.0%.
St. Paul (zip 55116) 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 55116)
- The Sales Tax Rate for St. Paul (zip 55116) is 7.9%. The US average is 7.3%.
- The Income Tax Rate for St. Paul (zip 55116) 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 55116)
- The average income of a St. Paul (zip 55116) resident is $41,288 a year. The US average is $28,555 a year.
- The Median household income of a St. Paul (zip 55116) resident is $70,036 a year. The US average is $69,021 a year.