Economy in Lakeville, Minnesota

Economy	Lakeville, MN	United States
Unemployment Rate	4.80%	8.60%
Recent Job Growth	-0.14%	0.35%
Future Job Growth	34.92%	32.10%
Sales Taxes	6.50%	5.00%
Income Taxes	7.05%	4.70%
Income per Cap.	$32,006	$26,154
Household Income	$82,583	$50,935
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K	2.69%	12.37%
Income between 15K and 25K	3.75%	10.53%
Income between 25K and 35K	4.95%	10.88%
Income between 35K and 50K	9.01%	15.37%
Income between 50K and 75K	22.20%	20.14%
Income between 75K and 100K	21.54%	12.41%
Income between 100K and 150K	23.11%	11.27%
Income between 150K and 250K	9.90%	5.01%
Income between 250K and 500K	2.61%	1.86%
Income greater than 500K	0.23%	0.16%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations	19.16%	14.04%
Professional and Related Occupations	19.05%	20.61%
Service	9.62%	14.45%
Sales and Office	31.88%	26.75%
Farming, Fishing, and Forestry	0.20%	0.70%
Construction, Extraction, and Maintenance	8.94%	9.42%
Production, Transportation, and Material Moving	11.15%	14.05%

The unemployment rate in Lakeville, MN, is 4.80%, with job growth of -0.14%. Future job growth over the next ten years is predicted to be 34.92%.

Lakeville, MN,sales tax rate is 6.50%. Income tax is 7.05%.

The income per capita is $32,006, which includes all adults and children. The median household income is $82,583.

Lakeville Economy SperlingViews