Economy in Owatonna Metro Area, Minnesota
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| Unemployment Rate | 5.00% | 8.60% |
| Recent Job Growth | 0.04% | 0.35% |
| Future Job Growth | 35.08% | 32.10% |
| Sales Taxes | 6.88% | 5.00% |
| Income Taxes | 7.05% | 4.70% |
| Income per Cap. | $24,505 | $26,154 |
| Household Income | $53,643 | $50,935 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 8.63% | 12.37% |
| Income between 15K and 25K | 9.16% | 10.53% |
| Income between 25K and 35K | 11.02% | 10.88% |
| Income between 35K and 50K | 17.09% | 15.37% |
| Income between 50K and 75K | 26.23% | 20.14% |
| Income between 75K and 100K | 14.44% | 12.41% |
| Income between 100K and 150K | 10.01% | 11.27% |
| Income between 150K and 250K | 2.59% | 5.01% |
| Income between 250K and 500K | 0.77% | 1.86% |
| Income greater than 500K | 0.06% | 0.16% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 13.12% | 14.04% |
| Professional and Related Occupations | 17.31% | 20.61% |
| Service | 12.21% | 14.45% |
| Sales and Office | 27.91% | 26.75% |
| Farming, Fishing, and Forestry | 1.01% | 0.70% |
| Construction, Extraction, and Maintenance | 8.46% | 9.42% |
| Production, Transportation, and Material Moving | 19.97% | 14.05% |
The unemployment rate in Owatonna Metro Area, MN, is 5.00%, with job growth of 0.04%. Future job growth over the next ten years is predicted to be 35.08%.
Owatonna Metro Area, MN Taxes
Owatonna Metro Area, MN,sales tax rate is 6.88%. Income tax is 7.05%.
Owatonna Metro Area, MN Income and Salaries
The income per capita is $24,505, which includes all adults and children. The median household income is $53,643.
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