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Economy in Buffalo, Minnesota

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Economy
EconomyBuffalo, MNUnited States
Unemployment Rate8.90%9.10%
Recent Job Growth-0.09%-0.12%
Future Job Growth30.92%31.25%
Sales Taxes6.50%6.80%
Income Taxes7.85%6.25%
Income per Cap.$28,464$27,067
Household Income$62,403$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K7.19%12.10%
Income between 15K and 25K8.64%10.18%
Income between 25K and 35K8.69%10.56%
Income between 35K and 50K14.58%14.98%
Income between 50K and 75K22.47%19.53%
Income between 75K and 100K18.06%12.52%
Income between 100K and 150K14.03%12.14%
Income between 150K and 250K3.49%3.91%
Income between 250K and 500K2.62%3.34%
Income greater than 500K0.24%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations15.08%13.81%
Professional and Related Occupations19.55%22.68%
Service14.34%14.51%
Sales and Office28.18%25.22%
Farming, Fishing, and Forestry0.22%0.68%
Construction, Extraction, and Maintenance9.54%9.37%
Production, Transportation, and Material Moving15.64%15.86%
Median Household Income

The unemployment rate in Buffalo, MN, is 8.90%, with job growth of -0.09%. Future job growth over the next ten years is predicted to be 30.92%.

Buffalo, MN Taxes

Buffalo, MN,sales tax rate is 6.50%. Income tax is 7.85%.

Buffalo, MN Income and Salaries

The income per capita is $28,464, which includes all adults and children. The median household income is $62,403.


Buffalo Economy SperlingViews

Cheap apartments, but investigate fully: I pay only $525 + elec. for a 1 BR downtown, above one of the downtown stores. Old and certainly not fancy, but convenient and somewhat charming. Most of the places... (read more)Have an opinion about Buffalo? Leave a commentTo See All SperlingViews for Buffalo Click Here