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Economy in Woods township, Minnesota

Overview, People, Health, Economy, Housing, Rankings, Crime
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Economy
EconomyWoods township, MNUnited States
Unemployment Rate7.40%9.10%
Recent Job Growth-2.96%-0.12%
Future Job Growth26.68%31.25%
Sales Taxes6.50%6.80%
Income Taxes7.85%6.25%
Income per Cap.$25,289$27,067
Household Income$60,751$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K5.97%12.10%
Income between 15K and 25K2.99%10.18%
Income between 25K and 35K10.45%10.56%
Income between 35K and 50K17.91%14.98%
Income between 50K and 75K29.85%19.53%
Income between 75K and 100K17.91%12.52%
Income between 100K and 150K10.45%12.14%
Income between 150K and 250K2.99%3.91%
Income between 250K and 500K1.49%3.34%
Income greater than 500K0.00%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations26.53%13.81%
Professional and Related Occupations14.29%22.68%
Service9.18%14.51%
Sales and Office20.41%25.22%
Farming, Fishing, and Forestry6.12%0.68%
Construction, Extraction, and Maintenance6.12%9.37%
Production, Transportation, and Material Moving12.24%15.86%
Median Household Income

The unemployment rate in Woods township, MN, is 7.40%, with job growth of -2.96%. Future job growth over the next ten years is predicted to be 26.68%.

Woods township, MN Taxes

Woods township, MN,sales tax rate is 6.50%. Income tax is 7.85%.

Woods township, MN Income and Salaries

The income per capita is $25,289, which includes all adults and children. The median household income is $60,751.


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