Economy in Tonka Bay, Minnesota
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Economy
| 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. | $60,505 | $27,067 |
| Household Income | $108,176 | $52,954 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 2.25% | 12.10% |
| Income between 15K and 25K | 3.38% | 10.18% |
| Income between 25K and 35K | 3.54% | 10.56% |
| Income between 35K and 50K | 6.92% | 14.98% |
| Income between 50K and 75K | 14.81% | 19.53% |
| Income between 75K and 100K | 14.33% | 12.52% |
| Income between 100K and 150K | 21.74% | 12.14% |
| Income between 150K and 250K | 9.66% | 3.91% |
| Income between 250K and 500K | 18.52% | 3.34% |
| Income greater than 500K | 4.83% | 0.75% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 28.01% | 13.81% |
| Professional and Related Occupations | 23.38% | 22.68% |
| Service | 12.04% | 14.51% |
| Sales and Office | 28.59% | 25.22% |
| Farming, Fishing, and Forestry | 0.00% | 0.68% |
| Construction, Extraction, and Maintenance | 4.63% | 9.37% |
| Production, Transportation, and Material Moving | 6.13% | 15.86% |
The unemployment rate in Tonka Bay, MN, is 6.10%, with job growth of 0.46%. Future job growth over the next ten years is predicted to be 34.82%.
Tonka Bay, MN Taxes
Tonka Bay, MN,sales tax rate is 6.65%. Income tax is 7.85%.
Tonka Bay, MN Income and Salaries
The income per capita is $60,505, which includes all adults and children. The median household income is $108,176.
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