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Economy in New Prague, Minnesota

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

Economy
EconomyNew Prague, MNUnited States
Unemployment Rate6.60%9.10%
Recent Job Growth-0.15%-0.12%
Future Job Growth33.10%31.25%
Sales Taxes6.50%6.80%
Income Taxes7.85%6.25%
Income per Cap.$23,254$27,067
Household Income$56,720$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K10.39%12.10%
Income between 15K and 25K8.76%10.18%
Income between 25K and 35K10.04%10.56%
Income between 35K and 50K14.86%14.98%
Income between 50K and 75K22.34%19.53%
Income between 75K and 100K15.39%12.52%
Income between 100K and 150K14.82%12.14%
Income between 150K and 250K2.48%3.91%
Income between 250K and 500K0.80%3.34%
Income greater than 500K0.13%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations11.57%13.81%
Professional and Related Occupations17.58%22.68%
Service17.34%14.51%
Sales and Office23.18%25.22%
Farming, Fishing, and Forestry0.34%0.68%
Construction, Extraction, and Maintenance9.69%9.37%
Production, Transportation, and Material Moving14.36%15.86%
Median Household Income

The unemployment rate in New Prague, MN, is 6.60%, with job growth of -0.15%. Future job growth over the next ten years is predicted to be 33.10%.

New Prague, MN Taxes

New Prague, MN,sales tax rate is 6.50%. Income tax is 7.85%.

New Prague, MN Income and Salaries

The income per capita is $23,254, which includes all adults and children. The median household income is $56,720.


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