Economy in Melrose township, Minnesota
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Economy
| Unemployment Rate | 7.20% | 9.10% |
| Recent Job Growth | 1.51% | -0.12% |
| Future Job Growth | 35.82% | 31.25% |
| Sales Taxes | 7.00% | 6.80% |
| Income Taxes | 7.85% | 6.25% |
| Income per Cap. | $20,609 | $27,067 |
| Household Income | $48,890 | $52,954 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 7.46% | 12.10% |
| Income between 15K and 25K | 11.57% | 10.18% |
| Income between 25K and 35K | 14.18% | 10.56% |
| Income between 35K and 50K | 17.91% | 14.98% |
| Income between 50K and 75K | 24.63% | 19.53% |
| Income between 75K and 100K | 14.18% | 12.52% |
| Income between 100K and 150K | 7.84% | 12.14% |
| Income between 150K and 250K | 1.87% | 3.91% |
| Income between 250K and 500K | 0.37% | 3.34% |
| Income greater than 500K | 0.00% | 0.75% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 15.90% | 13.81% |
| Professional and Related Occupations | 19.41% | 22.68% |
| Service | 10.51% | 14.51% |
| Sales and Office | 19.14% | 25.22% |
| Farming, Fishing, and Forestry | 1.89% | 0.68% |
| Construction, Extraction, and Maintenance | 5.93% | 9.37% |
| Production, Transportation, and Material Moving | 22.64% | 15.86% |
The unemployment rate in Melrose township, MN, is 7.20%, with job growth of 1.51%. Future job growth over the next ten years is predicted to be 35.82%.
Melrose township, MN Taxes
Melrose township, MN,sales tax rate is 7.00%. Income tax is 7.85%.
Melrose township, MN Income and Salaries
The income per capita is $20,609, which includes all adults and children. The median household income is $48,890.
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