Economy in Minnetonka, Minnesota

Economy

Economy	Minnetonka, MN	United States
Unemployment Rate	5.50%	9.10%
Recent Job Growth	0.73%	-0.12%
Future Job Growth	35.96%	31.25%
Sales Taxes	6.65%	6.80%
Income Taxes	7.85%	6.25%
Income per Cap.	$47,099	$27,067
Household Income	$82,285	$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K	4.23%	12.10%
Income between 15K and 25K	4.75%	10.18%
Income between 25K and 35K	6.40%	10.56%
Income between 35K and 50K	12.72%	14.98%
Income between 50K and 75K	17.31%	19.53%
Income between 75K and 100K	15.46%	12.52%
Income between 100K and 150K	20.24%	12.14%
Income between 150K and 250K	7.27%	3.91%
Income between 250K and 500K	9.22%	3.34%
Income greater than 500K	2.39%	0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations	24.03%	13.81%
Professional and Related Occupations	29.96%	22.68%
Service	8.79%	14.51%
Sales and Office	28.61%	25.22%
Farming, Fishing, and Forestry	0.09%	0.68%
Construction, Extraction, and Maintenance	4.01%	9.37%
Production, Transportation, and Material Moving	7.34%	15.86%

The unemployment rate in Minnetonka, MN, is 5.50%, with job growth of 0.73%. Future job growth over the next ten years is predicted to be 35.96%.

Minnetonka, MN,sales tax rate is 6.65%. Income tax is 7.85%.

The income per capita is $47,099, which includes all adults and children. The median household income is $82,285.

Minnetonka Economy SperlingViews