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Economy in Austin, Minnesota

Overview, People, Health, Economy, Housing, Rankings, Climate
Crime, Comments, Transportation, Cost of Living, Religion, Voting

EconomyAustin, MNUnited States
Unemployment Rate4.40%8.60%
Recent Job Growth1.33%0.35%
Future Job Growth38.26%32.10%
Sales Taxes7.00%5.00%
Income Taxes7.05%4.70%
Income per Cap.$24,006$26,154
Household Income$40,997$50,935
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K14.22%12.37%
Income between 15K and 25K13.89%10.53%
Income between 25K and 35K14.75%10.88%
Income between 35K and 50K17.60%15.37%
Income between 50K and 75K19.25%20.14%
Income between 75K and 100K10.18%12.41%
Income between 100K and 150K6.70%11.27%
Income between 150K and 250K2.35%5.01%
Income between 250K and 500K0.97%1.86%
Income greater than 500K0.09%0.16%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations9.50%14.04%
Professional and Related Occupations16.01%20.61%
Service17.23%14.45%
Sales and Office24.77%26.75%
Farming, Fishing, and Forestry0.68%0.70%
Construction, Extraction, and Maintenance7.45%9.42%
Production, Transportation, and Material Moving24.37%14.05%


Median Household Income

The unemployment rate in Austin, MN, is 4.40%, with job growth of 1.33%. Future job growth over the next ten years is predicted to be 38.26%.

Austin, MN Taxes

Austin, MN,sales tax rate is 7.00%. Income tax is 7.05%.

Austin, MN Income and Salaries

The income per capita is $24,006, which includes all adults and children. The median household income is $40,997.


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