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Economy in Arrowhead township, Minnesota

Overview, People, Health, Economy, Housing, Rankings, Crime
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Economy
EconomyArrowhead township, MNUnited States
Unemployment Rate8.10%9.10%
Recent Job Growth0.47%-0.12%
Future Job Growth32.84%31.25%
Sales Taxes7.50%6.80%
Income Taxes7.85%6.25%
Income per Cap.$20,901$27,067
Household Income$51,220$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K14.63%12.10%
Income between 15K and 25K9.76%10.18%
Income between 25K and 35K7.32%10.56%
Income between 35K and 50K17.07%14.98%
Income between 50K and 75K23.17%19.53%
Income between 75K and 100K14.63%12.52%
Income between 100K and 150K10.98%12.14%
Income between 150K and 250K1.22%3.91%
Income between 250K and 500K1.22%3.34%
Income greater than 500K0.00%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations7.22%13.81%
Professional and Related Occupations15.46%22.68%
Service19.59%14.51%
Sales and Office20.62%25.22%
Farming, Fishing, and Forestry3.09%0.68%
Construction, Extraction, and Maintenance14.43%9.37%
Production, Transportation, and Material Moving20.62%15.86%
Median Household Income

The unemployment rate in Arrowhead township, MN, is 8.10%, with job growth of 0.47%. Future job growth over the next ten years is predicted to be 32.84%.

Arrowhead township, MN Taxes

Arrowhead township, MN,sales tax rate is 7.50%. Income tax is 7.85%.

Arrowhead township, MN Income and Salaries

The income per capita is $20,901, which includes all adults and children. The median household income is $51,220.


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