Plymouth, MN is a city in Hennepin County with a population of 55,447 people. It is known for its modern infrastructure and well-managed public facilities. The 2 Bedroom Rent in Plymouth is $1,710 which is more than the US average of $1,430. Additionally, the Grocery Cost Index in Plymouth is 104 versus 100 in the US making it slightly higher as well.
Located near Minneapolis and St Paul in the Twin Cities area, Plymouth offers an array of outdoor activities like hiking trails and water park activities. Other attractions include shopping at Wayzata Downtown Lake Minnetonka or local companies like Three Rivers Park District, BAP Construction Inc., and The Sign Store Inc. There are also plenty of restaurants in the area like The Redstone American Grill and Copperwing Distillery & Restaurant that offer unique experiences to enjoy.
Plymouth (zip 55447) has an unemployment rate of 3.4%. The US average is 6.0%.
Plymouth (zip 55447) has seen the job market decrease by -3.6% over the last year. Future job growth over the next ten years is predicted to be 39.2%, which is higher than the US average of 33.5%.
Tax Rates for Plymouth (zip 55447)
- The Sales Tax Rate for Plymouth (zip 55447) is 7.5%. The US average is 7.3%.
- The Income Tax Rate for Plymouth (zip 55447) is 7.1%. The US average is 4.6%.
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Income and Salaries for Plymouth (zip 55447)
- The average income of a Plymouth (zip 55447) resident is $60,733 a year. The US average is $37,638 a year.
- The Median household income of a Plymouth (zip 55447) resident is $113,640 a year. The US average is $69,021 a year.