Zip 55119 (St. Paul, MN) Economy


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St. Paul, MN with 55119 zip code is an economical city to live in. With 2 Bedroom Rent costing only $1,240 as compared to the US average of $1,430, it is a great option for those looking for affordable housing. Moreover, the Grocery Cost Index in St. Paul stands at 99 which is just 1 point below than the US index of 100. The city also offers its residents numerous job opportunities as there are several big and small companies present in the area; some of these include 3M Company, Ecolab, Securian Financial Group and Smead Manufacturing Company. In addition to this, there are many local services available like restaurants, gyms, libraries and hospitals that offer their best quality services.

St. Paul (zip 55119) has an unemployment rate of 4.9%. The US average is 6.0%.

St. Paul (zip 55119) 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 55119)
- The Sales Tax Rate for St. Paul (zip 55119) is 7.9%. The US average is 7.3%.
- The Income Tax Rate for St. Paul (zip 55119) 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 55119)
- The average income of a St. Paul (zip 55119) resident is $26,342 a year. The US average is $28,555 a year.
- The Median household income of a St. Paul (zip 55119) resident is $66,772 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%
  $31,878$37,638
  $66,772$69,021
  $78,318$85,028
  Population by Occupation
  0.5%1.2%
  0.1%0.5%
  4.5%6.8%
  15.7%10.0%
  2.8%2.5%
  9.4%11.0%
  4.2%4.8%
  0.5%0.8%
  1.1%1.9%
  5.5%4.7%
  1.6%1.9%
  5.1%7.6%
  0.3%0.1%
  3.9%4.2%
  6.3%9.3%
  18.5%14.0%
  1.1%2.1%
  8.8%7.0%
  5.6%4.8%
  4.6%4.7%
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