Economy in Austin, Minnesota
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| Unemployment Rate | 4.40% | 8.60% |
| Recent Job Growth | 1.33% | 0.35% |
| Future Job Growth | 38.26% | 32.10% |
| Sales Taxes | 7.00% | 5.00% |
| Income Taxes | 7.05% | 4.70% |
| Income per Cap. | $24,006 | $26,154 |
| Household Income | $40,997 | $50,935 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 14.22% | 12.37% |
| Income between 15K and 25K | 13.89% | 10.53% |
| Income between 25K and 35K | 14.75% | 10.88% |
| Income between 35K and 50K | 17.60% | 15.37% |
| Income between 50K and 75K | 19.25% | 20.14% |
| Income between 75K and 100K | 10.18% | 12.41% |
| Income between 100K and 150K | 6.70% | 11.27% |
| Income between 150K and 250K | 2.35% | 5.01% |
| Income between 250K and 500K | 0.97% | 1.86% |
| Income greater than 500K | 0.09% | 0.16% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 9.50% | 14.04% |
| Professional and Related Occupations | 16.01% | 20.61% |
| Service | 17.23% | 14.45% |
| Sales and Office | 24.77% | 26.75% |
| Farming, Fishing, and Forestry | 0.68% | 0.70% |
| Construction, Extraction, and Maintenance | 7.45% | 9.42% |
| Production, Transportation, and Material Moving | 24.37% | 14.05% |
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