Zip 55125 (Woodbury, MN) Economy


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Woodbury, MN is a vibrant city located in Washington County with a population of 55125. The two bedroom rent here is around $1,800 on average, which is slightly more expensive than the national average of $1,430. Despite the higher rental costs compared to other cities in the US, Woodbury offers great value when it comes to its cost of living. Grocery costs are comparatively cheaper in Woodbury as the index score is 103 versus 100 in the US.
Woodbury features a host of local businesses and attractions that make it an ideal place to live and work. Notable companies include Andersen Corporation, Vibrant Credit Union and Twin Cities Orthopedics. There are also plenty of recreational activities available such as biking trails, shopping centers and sports facilities making it an attractive destination for outdoor enthusiasts. With its wide range of amenities and competitive costs of living, Woodbury is an excellent option for those looking for a safe and affordable place to call home.

Woodbury (zip 55125) has an unemployment rate of 3.1%. The US average is 6.0%.

Woodbury (zip 55125) 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 38.6%, which is higher than the US average of 33.5%.

Tax Rates for Woodbury (zip 55125)
- The Sales Tax Rate for Woodbury (zip 55125) is 7.1%. The US average is 7.3%.
- The Income Tax Rate for Woodbury (zip 55125) 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 Woodbury (zip 55125)
- The average income of a Woodbury (zip 55125) resident is $42,081 a year. The US average is $28,555 a year.
- The Median household income of a Woodbury (zip 55125) resident is $106,573 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyWoodbury, MinnesotaUnited States
  3.16
  -3.7%-6.2%
  38.6%33.5%
  7.1%6.2%
  7.1%4.6%
  $51,110$37,638
  $106,573$69,021
  $125,329$85,028
  Population by Occupation
  0.5%1.2%
  0.0%0.5%
  3.2%6.8%
  15.9%10.0%
  2.4%2.5%
  10.8%11.0%
  4.3%4.8%
  0.6%0.8%
  1.8%1.9%
  8.9%4.7%
  1.3%1.9%
  8.6%7.6%
  0.2%0.1%
  2.8%4.2%
  9.2%9.3%
  12.4%14.0%
  2.9%2.1%
  4.6%7.0%
  4.0%4.8%
  5.6%4.7%
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