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Economy in Twin Lakes township (Mahnomen county), Minnesota

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Economy
EconomyTwin Lakes township (Mahnomen county), MNUnited States
Unemployment Rate8.30%9.10%
Recent Job Growth1.60%-0.12%
Future Job Growth34.90%31.25%
Sales Taxes6.50%6.80%
Income Taxes7.85%6.25%
Income per Cap.$16,111$27,067
Household Income$39,915$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K19.38%12.10%
Income between 15K and 25K14.73%10.18%
Income between 25K and 35K9.69%10.56%
Income between 35K and 50K18.99%14.98%
Income between 50K and 75K19.77%19.53%
Income between 75K and 100K10.08%12.52%
Income between 100K and 150K3.88%12.14%
Income between 150K and 250K1.94%3.91%
Income between 250K and 500K1.16%3.34%
Income greater than 500K0.39%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations13.95%13.81%
Professional and Related Occupations17.94%22.68%
Service28.24%14.51%
Sales and Office16.94%25.22%
Farming, Fishing, and Forestry1.66%0.68%
Construction, Extraction, and Maintenance12.96%9.37%
Production, Transportation, and Material Moving10.96%15.86%
Median Household Income

The unemployment rate in Twin Lakes township (Mahnomen county), MN, is 8.30%, with job growth of 1.60%. Future job growth over the next ten years is predicted to be 34.90%.

Twin Lakes township (Mahnomen county), MN Taxes

Twin Lakes township (Mahnomen county), MN,sales tax rate is 6.50%. Income tax is 7.85%.

Twin Lakes township (Mahnomen county), MN Income and Salaries

The income per capita is $16,111, which includes all adults and children. The median household income is $39,915.


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