Economy in St. Louis Park, Minnesota
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Economy
| Unemployment Rate | 5.70% | 9.10% |
| Recent Job Growth | 0.82% | -0.12% |
| Future Job Growth | 35.94% | 31.25% |
| Sales Taxes | 6.65% | 6.80% |
| Income Taxes | 7.85% | 6.25% |
| Income per Cap. | $35,378 | $27,067 |
| Household Income | $58,962 | $52,954 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 6.97% | 12.10% |
| Income between 15K and 25K | 8.78% | 10.18% |
| Income between 25K and 35K | 10.83% | 10.56% |
| Income between 35K and 50K | 15.28% | 14.98% |
| Income between 50K and 75K | 22.82% | 19.53% |
| Income between 75K and 100K | 14.62% | 12.52% |
| Income between 100K and 150K | 14.48% | 12.14% |
| Income between 150K and 250K | 3.07% | 3.91% |
| Income between 250K and 500K | 2.56% | 3.34% |
| Income greater than 500K | 0.59% | 0.75% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 20.49% | 13.81% |
| Professional and Related Occupations | 29.56% | 22.68% |
| Service | 10.41% | 14.51% |
| Sales and Office | 29.41% | 25.22% |
| Farming, Fishing, and Forestry | 0.13% | 0.68% |
| Construction, Extraction, and Maintenance | 3.86% | 9.37% |
| Production, Transportation, and Material Moving | 10.27% | 15.86% |
The unemployment rate in St. Louis Park, MN, is 5.70%, with job growth of 0.82%. Future job growth over the next ten years is predicted to be 35.94%.
St. Louis Park, MN Taxes
St. Louis Park, MN,sales tax rate is 6.65%. Income tax is 7.85%.
St. Louis Park, MN Income and Salaries
The income per capita is $35,378, which includes all adults and children. The median household income is $58,962.
St. Louis Park Economy SperlingViews
Housing Market: Due to the incredible amount of Fortune 500 companies in the Twin Cities, the housing market is amazingly stable. St Louis Park is a youthful suburb great for young... (read more)St. Louis Park is WONDERFUL: I was born and raised in St. Louis Park, and I now live in Southeast Minneapolis, as I am a college student at the University of Minnesota. After leaving "the Park", I... (read more)Have an opinion about St. Louis Park? Leave a commentTo See All SperlingViews for St. Louis Park Click Here
