Economy in Stephen, Minnesota
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Economy
| Unemployment Rate | 11.50% | 9.10% |
| Recent Job Growth | 0.14% | -0.12% |
| Future Job Growth | 28.78% | 31.25% |
| Sales Taxes | 6.50% | 6.80% |
| Income Taxes | 7.85% | 6.25% |
| Income per Cap. | $22,265 | $27,067 |
| Household Income | $40,930 | $52,954 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 14.13% | 12.10% |
| Income between 15K and 25K | 11.90% | 10.18% |
| Income between 25K and 35K | 15.24% | 10.56% |
| Income between 35K and 50K | 21.56% | 14.98% |
| Income between 50K and 75K | 18.22% | 19.53% |
| Income between 75K and 100K | 10.78% | 12.52% |
| Income between 100K and 150K | 5.95% | 12.14% |
| Income between 150K and 250K | 0.37% | 3.91% |
| Income between 250K and 500K | 1.49% | 3.34% |
| Income greater than 500K | 0.37% | 0.75% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 13.92% | 13.81% |
| Professional and Related Occupations | 22.65% | 22.68% |
| Service | 13.92% | 14.51% |
| Sales and Office | 17.48% | 25.22% |
| Farming, Fishing, and Forestry | 3.56% | 0.68% |
| Construction, Extraction, and Maintenance | 8.09% | 9.37% |
| Production, Transportation, and Material Moving | 19.42% | 15.86% |
The unemployment rate in Stephen, MN, is 11.50%, with job growth of 0.14%. Future job growth over the next ten years is predicted to be 28.78%.
Stephen, MN Taxes
Stephen, MN,sales tax rate is 6.50%. Income tax is 7.85%.
Stephen, MN Income and Salaries
The income per capita is $22,265, which includes all adults and children. The median household income is $40,930.
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