| ECONOMY | Northwood | Minnesota Lake | United States |
| Unemployment Rate | 3.50% | 5.30% | 8.60% |
| Recent Job Growth | -0.36% | 1.09% | 0.35% |
| Future Job Growth | 35.78% | 36.88% | 32.10% |
| Sales Taxes | 6.50% | 6.50% | 5.00% |
| Income Taxes | 1.84% | 7.05% | 4.70% |
| Income per Cap. | $23,010 | $22,949 | $26,154 |
| Household Income | $42,337 | $44,911 | $50,935 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | | |
| Income Less Than 15K | 12.60% | 10.07% | 12.37% |
| Income between 15K and 25K | 10.80% | 10.76% | 10.53% |
| Income between 25K and 35K | 14.40% | 12.50% | 10.88% |
| Income between 35K and 50K | 22.37% | 21.53% | 15.37% |
| Income between 50K and 75K | 20.82% | 22.92% | 20.14% |
| Income between 75K and 100K | 9.51% | 11.46% | 12.41% |
| Income between 100K and 150K | 6.68% | 9.38% | 11.27% |
| Income between 150K and 250K | 2.83% | 0.69% | 5.01% |
| Income between 250K and 500K | 0.26% | 0.35% | 1.86% |
| Income greater than 500K | 0.00% | 0.00% | 0.16% |
| POPULATION BY OCCUPATION | | | |
| Management, Business, and Financial Operations | 17.08% | 12.82% | 14.04% |
| Professional and Related Occupations | 18.32% | 9.40% | 20.61% |
| Service | 21.78% | 11.68% | 14.45% |
| Sales and Office | 19.80% | 28.49% | 26.75% |
| Farming, Fishing, and Forestry | 2.72% | 0.00% | 0.70% |
| Construction, Extraction, and Maintenance | 9.90% | 13.68% | 9.42% |
| Production, Transportation, and Material Moving | 9.90% | 23.93% | 14.05% |
