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Economy in Minnesota City, Minnesota

Overview, People, Health, Economy, Housing, Rankings, Crime
Climate, Education, Transportation, Cost of Living, Religion, Voting

Economy
EconomyMinnesota City, MNUnited States
Unemployment Rate6.70%9.10%
Recent Job Growth-4.53%-0.12%
Future Job Growth24.24%31.25%
Sales Taxes6.50%6.80%
Income Taxes7.85%6.25%
Income per Cap.$28,111$27,067
Household Income$67,299$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K3.77%12.10%
Income between 15K and 25K8.49%10.18%
Income between 25K and 35K9.43%10.56%
Income between 35K and 50K11.32%14.98%
Income between 50K and 75K24.53%19.53%
Income between 75K and 100K18.87%12.52%
Income between 100K and 150K17.92%12.14%
Income between 150K and 250K3.77%3.91%
Income between 250K and 500K1.89%3.34%
Income greater than 500K0.00%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations13.22%13.81%
Professional and Related Occupations23.56%22.68%
Service8.62%14.51%
Sales and Office22.41%25.22%
Farming, Fishing, and Forestry1.15%0.68%
Construction, Extraction, and Maintenance11.49%9.37%
Production, Transportation, and Material Moving25.86%15.86%
Median Household Income

The unemployment rate in Minnesota City, MN, is 6.70%, with job growth of -4.53%. Future job growth over the next ten years is predicted to be 24.24%.

Minnesota City, MN Taxes

Minnesota City, MN,sales tax rate is 6.50%. Income tax is 7.85%.

Minnesota City, MN Income and Salaries

The income per capita is $28,111, which includes all adults and children. The median household income is $67,299.


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