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Economy in Renville, Minnesota

Overview, People, Health, Economy, Housing, Rankings, Crime
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Economy
EconomyRenville, MNUnited States
Unemployment Rate8.10%9.10%
Recent Job Growth-1.15%-0.12%
Future Job Growth29.60%31.25%
Sales Taxes6.50%6.80%
Income Taxes7.85%6.25%
Income per Cap.$21,226$27,067
Household Income$49,280$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K9.48%12.10%
Income between 15K and 25K11.64%10.18%
Income between 25K and 35K10.78%10.56%
Income between 35K and 50K18.75%14.98%
Income between 50K and 75K27.59%19.53%
Income between 75K and 100K11.85%12.52%
Income between 100K and 150K9.05%12.14%
Income between 150K and 250K0.65%3.91%
Income between 250K and 500K0.22%3.34%
Income greater than 500K0.00%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations10.20%13.81%
Professional and Related Occupations16.46%22.68%
Service14.13%14.51%
Sales and Office20.39%25.22%
Farming, Fishing, and Forestry3.58%0.68%
Construction, Extraction, and Maintenance11.99%9.37%
Production, Transportation, and Material Moving25.40%15.86%
Median Household Income

The unemployment rate in Renville, MN, is 8.10%, with job growth of -1.15%. Future job growth over the next ten years is predicted to be 29.60%.

Renville, MN Taxes

Renville, MN,sales tax rate is 6.50%. Income tax is 7.85%.

Renville, MN Income and Salaries

The income per capita is $21,226, which includes all adults and children. The median household income is $49,280.


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