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Economy in Austin, Minnesota

Overview, People, Health, Economy, Housing, Rankings, Crime
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Economy
EconomyAustin, MNUnited States
Unemployment Rate6.10%9.10%
Recent Job Growth-0.88%-0.12%
Future Job Growth32.14%31.25%
Sales Taxes7.00%6.80%
Income Taxes7.85%6.25%
Income per Cap.$23,555$27,067
Household Income$41,375$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K13.64%12.10%
Income between 15K and 25K14.67%10.18%
Income between 25K and 35K14.11%10.56%
Income between 35K and 50K17.42%14.98%
Income between 50K and 75K19.17%19.53%
Income between 75K and 100K10.05%12.52%
Income between 100K and 150K7.34%12.14%
Income between 150K and 250K1.48%3.91%
Income between 250K and 500K1.68%3.34%
Income greater than 500K0.44%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations9.85%13.81%
Professional and Related Occupations21.28%22.68%
Service12.73%14.51%
Sales and Office20.51%25.22%
Farming, Fishing, and Forestry0.58%0.68%
Construction, Extraction, and Maintenance6.94%9.37%
Production, Transportation, and Material Moving26.74%15.86%
Median Household Income

The unemployment rate in Austin, MN, is 6.10%, with job growth of -0.88%. Future job growth over the next ten years is predicted to be 32.14%.

Austin, MN Taxes

Austin, MN,sales tax rate is 7.00%. Income tax is 7.85%.

Austin, MN Income and Salaries

The income per capita is $23,555, which includes all adults and children. The median household income is $41,375.


Austin Economy SperlingViews

HORRID 21 years of experience: When I was growing up it was okay to go out at night.... Now I have one million reasons to say different. There are an extreme amount of immigrants now and hormel has a... (read more)Think twice: I lived in Austin for 15 years. I only lasted that long because I had kids and wanted to raise them close to my hometown in another state. I would recommend that you... (read more)be careful: man you may not think that austin can be hard or anything but im tellin u that i moved up here from chicago and this is a bad little town, the crime rates are high and... (read more)Have an opinion about Austin? Leave a commentTo See All SperlingViews for Austin Click Here