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Economy in Grand Rapids, Minnesota

Overview, People, Health, Economy, Housing, Rankings, Crime
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Economy
EconomyGrand Rapids, MNUnited States
Unemployment Rate10.30%9.10%
Recent Job Growth0.17%-0.12%
Future Job Growth30.04%31.25%
Sales Taxes6.50%6.80%
Income Taxes7.85%6.25%
Income per Cap.$20,348$27,067
Household Income$34,499$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K18.34%12.10%
Income between 15K and 25K15.31%10.18%
Income between 25K and 35K17.14%10.56%
Income between 35K and 50K16.18%14.98%
Income between 50K and 75K18.16%19.53%
Income between 75K and 100K7.86%12.52%
Income between 100K and 150K5.52%12.14%
Income between 150K and 250K0.84%3.91%
Income between 250K and 500K0.60%3.34%
Income greater than 500K0.06%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations9.60%13.81%
Professional and Related Occupations20.86%22.68%
Service13.57%14.51%
Sales and Office24.04%25.22%
Farming, Fishing, and Forestry0.14%0.68%
Construction, Extraction, and Maintenance9.11%9.37%
Production, Transportation, and Material Moving16.49%15.86%
Median Household Income

The unemployment rate in Grand Rapids, MN, is 10.30%, with job growth of 0.17%. Future job growth over the next ten years is predicted to be 30.04%.

Grand Rapids, MN Taxes

Grand Rapids, MN,sales tax rate is 6.50%. Income tax is 7.85%.

Grand Rapids, MN Income and Salaries

The income per capita is $20,348, which includes all adults and children. The median household income is $34,499.


Grand Rapids Economy SperlingViews

Safe place to live!!!!: I have lived in Grand Rapids my entire life. (43 years) I always feel safe here. We don't lock our house when we leave during the day. We only lock it at night. My... (read more)Birthplace of Judy Garland - Land of OZ: Grand Rapids is my hometown being born here in 1961. Here's the long and short of it. I love it in the summer. I hate the winter. Winters are long, gray and hard. ... (read more)Have an opinion about Grand Rapids? Leave a commentTo See All SperlingViews for Grand Rapids Click Here