Economy in Hutchinson, Minnesota
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Economy
| Unemployment Rate | 10.00% | 9.10% |
| Recent Job Growth | -5.84% | -0.12% |
| Future Job Growth | 18.32% | 31.25% |
| Sales Taxes | 6.50% | 6.80% |
| Income Taxes | 7.85% | 6.25% |
| Income per Cap. | $24,899 | $27,067 |
| Household Income | $50,849 | $52,954 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 9.28% | 12.10% |
| Income between 15K and 25K | 10.66% | 10.18% |
| Income between 25K and 35K | 12.33% | 10.56% |
| Income between 35K and 50K | 17.15% | 14.98% |
| Income between 50K and 75K | 24.33% | 19.53% |
| Income between 75K and 100K | 14.27% | 12.52% |
| Income between 100K and 150K | 9.40% | 12.14% |
| Income between 150K and 250K | 1.02% | 3.91% |
| Income between 250K and 500K | 1.41% | 3.34% |
| Income greater than 500K | 0.15% | 0.75% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 12.97% | 13.81% |
| Professional and Related Occupations | 25.51% | 22.68% |
| Service | 11.43% | 14.51% |
| Sales and Office | 20.88% | 25.22% |
| Farming, Fishing, and Forestry | 0.35% | 0.68% |
| Construction, Extraction, and Maintenance | 8.23% | 9.37% |
| Production, Transportation, and Material Moving | 22.82% | 15.86% |
The unemployment rate in Hutchinson, MN, is 10.00%, with job growth of -5.84%. Future job growth over the next ten years is predicted to be 18.32%.
Hutchinson, MN Taxes
Hutchinson, MN,sales tax rate is 6.50%. Income tax is 7.85%.
Hutchinson, MN Income and Salaries
The income per capita is $24,899, which includes all adults and children. The median household income is $50,849.
Hutchinson Economy SperlingViews
Small town....nice place to raise a family.: This is a small town with lots of technical employment opportunities. Two major companies here are Hutchinson Technology and 3-M. It's a small town with low crime... (read more)work: Lots of maufacturing jobs in relation to the size of the town.
The price of real estate is high in relation to the rest tof the... (read more)Have an opinion about Hutchinson? Leave a commentTo See All SperlingViews for Hutchinson Click Here
