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Economy in Minneapolis, Minnesota

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Economy
EconomyMinneapolis, MNUnited States
Unemployment Rate6.10%9.10%
Recent Job Growth0.61%-0.12%
Future Job Growth35.12%31.25%
Sales Taxes7.15%6.80%
Income Taxes7.85%6.25%
Income per Cap.$28,016$27,067
Household Income$47,043$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K14.00%12.10%
Income between 15K and 25K11.12%10.18%
Income between 25K and 35K11.92%10.56%
Income between 35K and 50K16.27%14.98%
Income between 50K and 75K18.73%19.53%
Income between 75K and 100K11.04%12.52%
Income between 100K and 150K10.57%12.14%
Income between 150K and 250K2.92%3.91%
Income between 250K and 500K2.78%3.34%
Income greater than 500K0.66%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations14.62%13.81%
Professional and Related Occupations31.18%22.68%
Service16.93%14.51%
Sales and Office24.17%25.22%
Farming, Fishing, and Forestry0.15%0.68%
Construction, Extraction, and Maintenance4.39%9.37%
Production, Transportation, and Material Moving13.03%15.86%
Median Household Income

The unemployment rate in Minneapolis, MN, is 6.10%, with job growth of 0.61%. Future job growth over the next ten years is predicted to be 35.12%.

Minneapolis, MN Taxes

Minneapolis, MN,sales tax rate is 7.15%. Income tax is 7.85%.

Minneapolis, MN Income and Salaries

The income per capita is $28,016, which includes all adults and children. The median household income is $47,043.


Minneapolis Economy SperlingViews

re: Great place for Whites, but no minorites - 5/1: R Nashville, TN The unemployement rates are low for whites, but very high for african-americans, asians, and other races. Discrimination there is worst... (read more)Great place for Whites, but no minorites: The unemployement rates are low for white minorities, but very high for african-americans, asians, and other races. Discrimination there is worst than many places in... (read more)Want to move here?: Check out the population growth, it's NEGATIVE- Duh- people are leaving this overpriced icebox. Enough... (read more)Have an opinion about Minneapolis? Leave a commentTo See All SperlingViews for Minneapolis Click Here