55411 Minneapolis, MN is an ideal place to call home for those looking for the hustle and bustle of city life. The average two bedroom rent in this area is $1,250 which is slightly below the national average of $1,430. Additionally, grocery cost index in 55411 Minneapolis is 97 versus 100 in the US. Living here means easy access to major businesses such as Target Corporation Headquarters, UnitedHealth Group Incorporated and Best Buy Co., Inc. There are many housing options available to those who choose to live here; from single family homes, condos and apartments - you're sure to find something that meets your needs.
Minneapolis (zip 55411) has an unemployment rate of 4.5%. The US average is 6.0%.
Minneapolis (zip 55411) 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 36.7%, which is higher than the US average of 33.5%.
Tax Rates for Minneapolis (zip 55411)
- The Sales Tax Rate for Minneapolis (zip 55411) is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Minneapolis (zip 55411) 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 Minneapolis (zip 55411)
- The average income of a Minneapolis (zip 55411) resident is $14,301 a year. The US average is $28,555 a year.
- The Median household income of a Minneapolis (zip 55411) resident is $44,096 a year. The US average is $69,021 a year.