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Economy in Taunton, Minnesota

Overview, People, Health, Economy, Housing, Rankings, Climate
Crime, Comments, Transportation, Cost of Living, Religion, Voting

EconomyTaunton, MNUnited States
Unemployment Rate4.00%8.60%
Recent Job Growth-2.47%0.35%
Future Job Growth31.06%32.10%
Sales Taxes6.50%5.00%
Income Taxes7.05%4.70%
Income per Cap.$22,258$26,154
Household Income$41,860$50,935
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K18.28%12.37%
Income between 15K and 25K13.98%10.53%
Income between 25K and 35K10.75%10.88%
Income between 35K and 50K17.20%15.37%
Income between 50K and 75K21.51%20.14%
Income between 75K and 100K10.75%12.41%
Income between 100K and 150K6.45%11.27%
Income between 150K and 250K1.08%5.01%
Income between 250K and 500K0.00%1.86%
Income greater than 500K0.00%0.16%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations17.44%14.04%
Professional and Related Occupations11.63%20.61%
Service19.77%14.45%
Sales and Office18.60%26.75%
Farming, Fishing, and Forestry2.33%0.70%
Construction, Extraction, and Maintenance11.63%9.42%
Production, Transportation, and Material Moving18.60%14.05%


Median Household Income

The unemployment rate in Taunton, MN, is 4.00%, with job growth of -2.47%. Future job growth over the next ten years is predicted to be 31.06%.

Taunton, MN Taxes

Taunton, MN,sales tax rate is 6.50%. Income tax is 7.05%.

Taunton, MN Income and Salaries

The income per capita is $22,258, which includes all adults and children. The median household income is $41,860.


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