Economy in Austin, Minnesota
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Economy
| Unemployment Rate | 6.10% | 9.10% |
| Recent Job Growth | -0.88% | -0.12% |
| Future Job Growth | 32.14% | 31.25% |
| Sales Taxes | 7.00% | 6.80% |
| Income Taxes | 7.85% | 6.25% |
| Income per Cap. | $23,555 | $27,067 |
| Household Income | $41,375 | $52,954 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 13.64% | 12.10% |
| Income between 15K and 25K | 14.67% | 10.18% |
| Income between 25K and 35K | 14.11% | 10.56% |
| Income between 35K and 50K | 17.42% | 14.98% |
| Income between 50K and 75K | 19.17% | 19.53% |
| Income between 75K and 100K | 10.05% | 12.52% |
| Income between 100K and 150K | 7.34% | 12.14% |
| Income between 150K and 250K | 1.48% | 3.91% |
| Income between 250K and 500K | 1.68% | 3.34% |
| Income greater than 500K | 0.44% | 0.75% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 9.85% | 13.81% |
| Professional and Related Occupations | 21.28% | 22.68% |
| Service | 12.73% | 14.51% |
| Sales and Office | 20.51% | 25.22% |
| Farming, Fishing, and Forestry | 0.58% | 0.68% |
| Construction, Extraction, and Maintenance | 6.94% | 9.37% |
| Production, Transportation, and Material Moving | 26.74% | 15.86% |
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