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Economy in Detroit Lakes, Minnesota

Overview, People, Health, Economy, Housing, Rankings, Crime
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Economy
EconomyDetroit Lakes, MNUnited States
Unemployment Rate9.30%9.10%
Recent Job Growth-0.98%-0.12%
Future Job Growth28.74%31.25%
Sales Taxes6.50%6.80%
Income Taxes7.85%6.25%
Income per Cap.$21,531$27,067
Household Income$34,971$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K20.68%12.10%
Income between 15K and 25K15.64%10.18%
Income between 25K and 35K13.82%10.56%
Income between 35K and 50K16.49%14.98%
Income between 50K and 75K16.00%19.53%
Income between 75K and 100K8.99%12.52%
Income between 100K and 150K6.26%12.14%
Income between 150K and 250K0.99%3.91%
Income between 250K and 500K0.74%3.34%
Income greater than 500K0.39%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations8.91%13.81%
Professional and Related Occupations22.39%22.68%
Service14.54%14.51%
Sales and Office24.94%25.22%
Farming, Fishing, and Forestry1.49%0.68%
Construction, Extraction, and Maintenance8.16%9.37%
Production, Transportation, and Material Moving14.15%15.86%
Median Household Income

The unemployment rate in Detroit Lakes, MN, is 9.30%, with job growth of -0.98%. Future job growth over the next ten years is predicted to be 28.74%.

Detroit Lakes, MN Taxes

Detroit Lakes, MN,sales tax rate is 6.50%. Income tax is 7.85%.

Detroit Lakes, MN Income and Salaries

The income per capita is $21,531, which includes all adults and children. The median household income is $34,971.


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Detroit Lakes General SperlingViews

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