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Economy in Spring Park, Minnesota

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Economy
EconomySpring Park, MNUnited States
Unemployment Rate6.10%9.10%
Recent Job Growth0.46%-0.12%
Future Job Growth34.82%31.25%
Sales Taxes6.65%6.80%
Income Taxes7.85%6.25%
Income per Cap.$42,814$27,067
Household Income$47,686$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K11.64%12.10%
Income between 15K and 25K12.24%10.18%
Income between 25K and 35K8.96%10.56%
Income between 35K and 50K20.10%14.98%
Income between 50K and 75K16.82%19.53%
Income between 75K and 100K9.05%12.52%
Income between 100K and 150K10.35%12.14%
Income between 150K and 250K2.99%3.91%
Income between 250K and 500K5.47%3.34%
Income greater than 500K2.39%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations20.25%13.81%
Professional and Related Occupations24.47%22.68%
Service12.45%14.51%
Sales and Office27.95%25.22%
Farming, Fishing, and Forestry0.11%0.68%
Construction, Extraction, and Maintenance7.38%9.37%
Production, Transportation, and Material Moving11.08%15.86%
Median Household Income

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 Taxes

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

Spring Park, MN Income and Salaries

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


Spring Park Economy SperlingViews

Small Town Lake Community with Big City Access: Great bike path, lakeside bars/restaurants, having a boat is highly recommended even if its just a canoe or kayak. Winter is great for ice fishing and snowmobiling. 30... (read more)Have an opinion about Spring Park? Leave a commentTo See All SperlingViews for Spring Park Click Here