Webster, Minnesota (55088) is a small city located in the Greater Minneapolis-Saint Paul region of Minnesota. The area has a population of approximately 5,000 people and is known for its natural beauty and diverse neighborhoods. Two bedroom rental prices here are slightly higher than the US average at $1,630 per month. Grocery cost index here is also around 5% more expensive than the US average, with the index being 105 versus 100 in the US.
Webster is an ideal place to live for those who want to experience all that the Twin Cities have to offer without living in a bustling big city like Minneapolis or St. Paul. Residents can enjoy a variety of activities such as hiking at nearby lakes, skiing at nearby resorts, golfing at local courses, or visiting historic sites like Fort Snelling State Park and Minnehaha Park. Local companies include Maplewood Plastics Inc., Burns and McDonnell Engineering Co., Aluma Systems Inc., and Nordic Cooling Solutions LLC.
Webster (zip 55088) has an unemployment rate of 4.2%. The US average is 6.0%.
Webster (zip 55088) has seen the job market decrease by -2.2% over the last year. Future job growth over the next ten years is predicted to be 37.9%, which is higher than the US average of 33.5%.
Tax Rates for Webster (zip 55088)
- The Sales Tax Rate for Webster (zip 55088) is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Webster (zip 55088) 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 Webster (zip 55088)
- The average income of a Webster (zip 55088) resident is $48,749 a year. The US average is $37,638 a year.
- The Median household income of a Webster (zip 55088) resident is $115,833 a year. The US average is $69,021 a year.