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Economy in New Ulm Metro Area, Minnesota

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

EconomyNew Ulm, MNUnited States
Unemployment Rate4.60%8.60%
Recent Job Growth0.02%0.35%
Future Job Growth35.44%32.10%
Sales Taxes7.38%5.00%
Income Taxes7.05%4.70%
Income per Cap.$25,361$26,154
Household Income$46,613$50,935
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K11.78%12.37%
Income between 15K and 25K11.16%10.53%
Income between 25K and 35K12.73%10.88%
Income between 35K and 50K17.87%15.37%
Income between 50K and 75K23.56%20.14%
Income between 75K and 100K12.61%12.41%
Income between 100K and 150K7.38%11.27%
Income between 150K and 250K1.89%5.01%
Income between 250K and 500K0.94%1.86%
Income greater than 500K0.07%0.16%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations13.28%14.04%
Professional and Related Occupations15.85%20.61%
Service14.35%14.45%
Sales and Office22.35%26.75%
Farming, Fishing, and Forestry1.83%0.70%
Construction, Extraction, and Maintenance8.99%9.42%
Production, Transportation, and Material Moving23.34%14.05%


Median Household Income

The unemployment rate in New Ulm Metro Area, MN, is 4.60%, with job growth of 0.02%. Future job growth over the next ten years is predicted to be 35.44%.

New Ulm Metro Area, MN Taxes

New Ulm Metro Area, MN,sales tax rate is 7.38%. Income tax is 7.05%.

New Ulm Metro Area, MN Income and Salaries

The income per capita is $25,361, which includes all adults and children. The median household income is $46,613.


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