Economy in Spring Park, Minnesota

Economy

Economy	Spring Park, MN	United States
Unemployment Rate	6.10%	9.10%
Recent Job Growth	0.46%	-0.12%
Future Job Growth	34.82%	31.25%
Sales Taxes	6.65%	6.80%
Income Taxes	7.85%	6.25%
Income per Cap.	$42,814	$27,067
Household Income	$47,686	$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K	11.64%	12.10%
Income between 15K and 25K	12.24%	10.18%
Income between 25K and 35K	8.96%	10.56%
Income between 35K and 50K	20.10%	14.98%
Income between 50K and 75K	16.82%	19.53%
Income between 75K and 100K	9.05%	12.52%
Income between 100K and 150K	10.35%	12.14%
Income between 150K and 250K	2.99%	3.91%
Income between 250K and 500K	5.47%	3.34%
Income greater than 500K	2.39%	0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations	20.25%	13.81%
Professional and Related Occupations	24.47%	22.68%
Service	12.45%	14.51%
Sales and Office	27.95%	25.22%
Farming, Fishing, and Forestry	0.11%	0.68%
Construction, Extraction, and Maintenance	7.38%	9.37%
Production, Transportation, and Material Moving	11.08%	15.86%

The unemployment rate in Spring Park, MN, is 6.10%, with job growth of 0.46%. Future job growth over the next ten years is predicted to be 34.82%.

Spring Park, MN,sales tax rate is 6.65%. Income tax is 7.85%.

The income per capita is $42,814, which includes all adults and children. The median household income is $47,686.

Spring Park Economy SperlingViews