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Economy in Minneapolis-St. Paul-Bloomington Metro Area, Minnesota

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

EconomyMinneapolis-St. Paul-Bloomington, MNUnited States
Unemployment Rate5.10%8.60%
Recent Job Growth-0.01%0.35%
Future Job Growth34.88%32.10%
Sales Taxes7.13%5.00%
Income Taxes7.05%4.70%
Income per Cap.$30,901$26,154
Household Income$63,753$50,935
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K7.27%12.37%
Income between 15K and 25K7.53%10.53%
Income between 25K and 35K8.91%10.88%
Income between 35K and 50K14.22%15.37%
Income between 50K and 75K22.19%20.14%
Income between 75K and 100K15.86%12.41%
Income between 100K and 150K15.28%11.27%
Income between 150K and 250K6.34%5.01%
Income between 250K and 500K2.20%1.86%
Income greater than 500K0.20%0.16%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations16.91%14.04%
Professional and Related Occupations22.47%20.61%
Service12.17%14.45%
Sales and Office27.82%26.75%
Farming, Fishing, and Forestry0.23%0.70%
Construction, Extraction, and Maintenance7.69%9.42%
Production, Transportation, and Material Moving12.71%14.05%


Median Household Income

The unemployment rate in Minneapolis-St. Paul-Bloomington Metro Area, MN, is 5.10%, with job growth of -0.01%. Future job growth over the next ten years is predicted to be 34.88%.

Minneapolis-St. Paul-Bloomington Metro Area, MN Taxes

Minneapolis-St. Paul-Bloomington Metro Area, MN,sales tax rate is 7.13%. Income tax is 7.05%.

Minneapolis-St. Paul-Bloomington Metro Area, MN Income and Salaries

The income per capita is $30,901, which includes all adults and children. The median household income is $63,753.


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