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Economy in Battle Lake, Minnesota

Overview, People, Health, Economy, Housing, Rankings, Crime
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Economy
EconomyBattle Lake, MNUnited States
Unemployment Rate8.30%9.10%
Recent Job Growth-0.69%-0.12%
Future Job Growth30.32%31.25%
Sales Taxes6.50%6.80%
Income Taxes7.85%6.25%
Income per Cap.$26,603$27,067
Household Income$45,777$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K14.33%12.10%
Income between 15K and 25K13.67%10.18%
Income between 25K and 35K10.67%10.56%
Income between 35K and 50K16.00%14.98%
Income between 50K and 75K21.00%19.53%
Income between 75K and 100K10.67%12.52%
Income between 100K and 150K9.00%12.14%
Income between 150K and 250K2.33%3.91%
Income between 250K and 500K2.00%3.34%
Income greater than 500K0.33%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations10.54%13.81%
Professional and Related Occupations25.88%22.68%
Service16.93%14.51%
Sales and Office24.28%25.22%
Farming, Fishing, and Forestry1.28%0.68%
Construction, Extraction, and Maintenance10.54%9.37%
Production, Transportation, and Material Moving14.06%15.86%
Median Household Income

The unemployment rate in Battle Lake, MN, is 8.30%, with job growth of -0.69%. Future job growth over the next ten years is predicted to be 30.32%.

Battle Lake, MN Taxes

Battle Lake, MN,sales tax rate is 6.50%. Income tax is 7.85%.

Battle Lake, MN Income and Salaries

The income per capita is $26,603, which includes all adults and children. The median household income is $45,777.


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