Economy in Prior Lake, Minnesota

Economy

Economy	Prior Lake, MN	United States
Unemployment Rate	6.60%	9.10%
Recent Job Growth	-0.15%	-0.12%
Future Job Growth	33.10%	31.25%
Sales Taxes	6.50%	6.80%
Income Taxes	7.85%	6.25%
Income per Cap.	$38,939	$27,067
Household Income	$91,154	$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K	4.30%	12.10%
Income between 15K and 25K	3.32%	10.18%
Income between 25K and 35K	4.41%	10.56%
Income between 35K and 50K	7.72%	14.98%
Income between 50K and 75K	17.78%	19.53%
Income between 75K and 100K	19.59%	12.52%
Income between 100K and 150K	26.51%	12.14%
Income between 150K and 250K	7.81%	3.91%
Income between 250K and 500K	7.09%	3.34%
Income greater than 500K	1.47%	0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations	23.45%	13.81%
Professional and Related Occupations	19.37%	22.68%
Service	14.35%	14.51%
Sales and Office	28.16%	25.22%
Farming, Fishing, and Forestry	0.10%	0.68%
Construction, Extraction, and Maintenance	8.00%	9.37%
Production, Transportation, and Material Moving	12.52%	15.86%

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

Prior Lake, MN,sales tax rate is 6.50%. Income tax is 7.85%.

The income per capita is $38,939, which includes all adults and children. The median household income is $91,154.

Prior Lake Economy SperlingViews