Zip 55398 (Zimmerman, MN) Economy


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Zimmerman, MN (55398) is a small town located just north of Minneapolis. It has a population of about 4,000 people and is known for its small-town charm and friendly atmosphere. The average rent for a two-bedroom apartment here is $1,500, which is slightly higher than the national average of $1,430. Additionally, the grocery cost index here matches the U.S. average at 100.
The businesses in Zimmerman are locally owned and operated, offering unique products and services to residents and visitors alike. Some popular establishments include Zimmermann’s Bar & Grill, Countryside Diner, Northwoods Bakery & Cafe, Country Dreams Pizza Parlor, Simply Unique Gifts & More, Carlson Printing Services and Zimmerman Golf Club. Shopping is also convenient with Walmart Supercenter and Target both located nearby in Princeton.

Zimmerman (zip 55398) has an unemployment rate of 4.9%. The US average is 6.0%.

Zimmerman (zip 55398) 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 38.1%, which is higher than the US average of 33.5%.

Tax Rates for Zimmerman (zip 55398)
- The Sales Tax Rate for Zimmerman (zip 55398) is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Zimmerman (zip 55398) 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 Zimmerman (zip 55398)
- The average income of a Zimmerman (zip 55398) resident is $26,935 a year. The US average is $28,555 a year.
- The Median household income of a Zimmerman (zip 55398) resident is $98,200 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyZimmerman, MinnesotaUnited States
  4.96
  -3.7%-6.2%
  38.1%33.5%
  7.4%6.2%
  7.1%4.6%
  $39,402$37,638
  $98,200$69,021
  $114,222$85,028
  Population by Occupation
  1.6%1.2%
  0.2%0.5%
  10.4%6.8%
  23.7%10.0%
  1.9%2.5%
  8.7%11.0%
  6.4%4.8%
  1.1%0.8%
  0.6%1.9%
  4.4%4.7%
  1.2%1.9%
  4.8%7.6%
  0.0%0.1%
  2.3%4.2%
  7.6%9.3%
  11.8%14.0%
  0.7%2.1%
  2.4%7.0%
  6.8%4.8%
  3.3%4.7%
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