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Economy in Cotton township, Minnesota

Overview, People, Health, Economy, Housing, Rankings, Crime
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Economy
EconomyCotton township, MNUnited States
Unemployment Rate8.10%9.10%
Recent Job Growth0.47%-0.12%
Future Job Growth32.84%31.25%
Sales Taxes6.50%6.80%
Income Taxes7.85%6.25%
Income per Cap.$28,865$27,067
Household Income$52,901$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K7.87%12.10%
Income between 15K and 25K8.80%10.18%
Income between 25K and 35K10.19%10.56%
Income between 35K and 50K20.37%14.98%
Income between 50K and 75K22.22%19.53%
Income between 75K and 100K17.13%12.52%
Income between 100K and 150K9.25%12.14%
Income between 150K and 250K1.39%3.91%
Income between 250K and 500K2.78%3.34%
Income greater than 500K0.00%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations10.38%13.81%
Professional and Related Occupations19.23%22.68%
Service16.54%14.51%
Sales and Office21.92%25.22%
Farming, Fishing, and Forestry0.77%0.68%
Construction, Extraction, and Maintenance15.77%9.37%
Production, Transportation, and Material Moving20.77%15.86%
Median Household Income

The unemployment rate in Cotton township, MN, is 8.10%, with job growth of 0.47%. Future job growth over the next ten years is predicted to be 32.84%.

Cotton township, MN Taxes

Cotton township, MN,sales tax rate is 6.50%. Income tax is 7.85%.

Cotton township, MN Income and Salaries

The income per capita is $28,865, which includes all adults and children. The median household income is $52,901.


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