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2024 Compare Cities Economy:
Monticello, MN vs Spearfish, SD

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Highlights
- Household income in Spearfish, is 29% less than it is in Monticello and is 32% below the National Average.
- Monticello unemployment rate is 4.5%.
- Spearfish unemployment rate is 3.0%.

Economy
 Monticello, MNSpearfish, SDUnited States
 Unemployment Rate4.5%3.0%6.0%
 Recent Job Growth1.8%1.5%1.6%
 Future Job Growth36.1%32.9%33.5%
 Sales Taxes7.4%6.5%6.2%
 Income Taxes7.1%0.0%4.6%
 Income per Cap.$30,796$40,007$37,638
 Household Income$73,651$52,258$69,021
 Family Median Income$86,444$84,596$85,028
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 Est. Households By Income
 Monticello, MNSpearfish, SDUnited States
 Income Less Than 15K7.4%10.7%9.4%
 Income between 15K and 20K1.8%4.7%3.8%
 Income between 20K and 30K7.8%13.0%8.1%
 Income between 30K and 40K4.0%6.6%8.0%
 Income between 40K and 50K10.1%12.9%7.6%
 Income between 50K and 60K9.6%6.7%7.2%
 Income between 60K and 75K10.8%8.7%9.6%
 Income between 75K and 100K16.7%11.5%12.8%
 Income between 100K and 150K24.5%15.1%16.3%
 Income between 150K and 200K5.4%2.4%7.8%
 Income greater than 200K1.9%7.9%9.5%
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 Population By Occupation
 Monticello, MNSpearfish, SDUnited States
 Management, business, finance12.9%14.0%16.4%
 Engineering, computers, science4.4%4.6%6.5%
 Community, social services2.7%1.9%1.8%
 Legal0.0%1.3%1.2%
 Education, library6.3%6.0%6.2%
 Arts, design, media, sports, entertainment1.1%1.7%2.0%
 Healthcare practitioners and technology6.9%6.5%6.2%
 Healthcare support2.7%3.6%3.3%
 Firefighters, law enforcement0.5%2.1%2.1%
 Food preparation, serving7.3%13.6%5.4%
 Building maintenance1.7%2.7%3.6%
 Personal care2.1%3.2%2.6%
 Sales, office, administrative support20.0%22.6%20.9%
 Farming, fishing, forestry0.2%0.3%0.6%
 Construction, extraction, maintenance/repair8.7%7.3%8.1%
 Production, transportation, material moving22.4%8.8%13.1%

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Reviews for Monticello    4 Reviews

Wonderful community where I have lived for 6 years. Friendly neighbors who all help each other. Offerings of shopping amenities such as Super Target, Super Walmart and  More

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Over 15 years ago

I moved to Monticello over 10 years ago. I am a native of Minnesota and I am accustomed to the changing seasons. The city has boasted a population increase from almost  More

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Over 18 years ago

I just moved to Monticello in January. I grew up in a community that had neighbors looking out for each other. I guess I got lucky and moved to one of the few  More

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Reviews for Spearfish    4 Reviews

I've been in the black Hills since 1994 and,recently moved to the east side of the state, Sioux Falls to be exact. Spearfish, is a very nice & beautiful community but,  More

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Over 17 years ago

The weather is perfect for outdoor  More

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Over 17 years ago

Spearfish is beautiful but there is very little job opportunity. As a result those people who want to advance in their career should avoid Spearfish. On the other hand  More

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ZIPS IN MONTICELLO, MINNESOTA
55362
ZIPS IN SPEARFISH, SOUTH DAKOTA
57783 57799

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