Economy in Prior Lake, Minnesota
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Economy
| 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 Taxes
Prior Lake, MN,sales tax rate is 6.50%. Income tax is 7.85%.
Prior Lake, MN Income and Salaries
The income per capita is $38,939, which includes all adults and children. The median household income is $91,154.
Prior Lake Economy SperlingViews
PL Has it all!: A beautiful, quiet, friendly community built around a lovely good sized lake. Prior Lake is only a short drive away from many fun and exciting cultural, sporting,... (read more)Prior Lake---an outlying "suburb" of Minneapolis: We actually live in Credit River Township, but our mailing address is Prior Lake. Our real estate taxes help pay for the schools in Prior Lake, but, in Credit River... (read more)Have an opinion about Prior Lake? Leave a commentTo See All SperlingViews for Prior Lake Click Here