Economy in Cottage Grove, Minnesota
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| Unemployment Rate | 5.00% | 8.60% |
| Recent Job Growth | 0.14% | 0.35% |
| Future Job Growth | 35.28% | 32.10% |
| Sales Taxes | 6.50% | 5.00% |
| Income Taxes | 7.05% | 4.70% |
| Income per Cap. | $28,798 | $26,154 |
| Household Income | $76,369 | $50,935 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 2.29% | 12.37% |
| Income between 15K and 25K | 3.91% | 10.53% |
| Income between 25K and 35K | 5.68% | 10.88% |
| Income between 35K and 50K | 11.57% | 15.37% |
| Income between 50K and 75K | 24.84% | 20.14% |
| Income between 75K and 100K | 23.23% | 12.41% |
| Income between 100K and 150K | 20.65% | 11.27% |
| Income between 150K and 250K | 5.98% | 5.01% |
| Income between 250K and 500K | 1.68% | 1.86% |
| Income greater than 500K | 0.15% | 0.16% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 13.98% | 14.04% |
| Professional and Related Occupations | 19.50% | 20.61% |
| Service | 12.50% | 14.45% |
| Sales and Office | 30.94% | 26.75% |
| Farming, Fishing, and Forestry | 0.19% | 0.70% |
| Construction, Extraction, and Maintenance | 9.12% | 9.42% |
| Production, Transportation, and Material Moving | 13.78% | 14.05% |
The unemployment rate in Cottage Grove, MN, is 5.00%, with job growth of 0.14%. Future job growth over the next ten years is predicted to be 35.28%.
Cottage Grove, MN Taxes
Cottage Grove, MN,sales tax rate is 6.50%. Income tax is 7.05%.
Cottage Grove, MN Income and Salaries
The income per capita is $28,798, which includes all adults and children. The median household income is $76,369.
Cottage Grove Economy SperlingViews
Nice in the summer, cold in the winter: If you're from the warmer climates, avoid MN in the winter, too cold for a southern boy. Summers are great, warm & not humid at all. Plenty of lakes, rivers, & trails... (read more)Not the Best Place to Live in Twin Cities: After moving to Cottage Grove, MN (near the Twin Cities) nine years ago, I think the city has improved (its been an uphill battle), but the city is cheap on quality of... (read more)quality of life: Minnesotans are friendly and take time to enjoy the outdoors during the summer months. The wonderful summers are greatly appreciated and many companies offer summer... (read more)Have an opinion about Cottage Grove? Leave a commentTo See All SperlingViews for Cottage Grove Click Here
