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Economy in Minnesota

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

EconomyMinnesota, MNUnited States
Unemployment Rate5.90%8.60%
Recent Job Growth0.17%0.35%
Future Job Growth34.44%32.10%
Sales Taxes6.88%5.00%
Income Taxes7.05%4.70%
Income per Cap.$27,934$26,154
Household Income$56,012$50,935
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K9.42%12.37%
Income between 15K and 25K9.27%10.53%
Income between 25K and 35K10.23%10.88%
Income between 35K and 50K15.42%15.37%
Income between 50K and 75K22.42%20.14%
Income between 75K and 100K14.26%12.41%
Income between 100K and 150K12.39%11.27%
Income between 150K and 250K4.77%5.01%
Income between 250K and 500K1.67%1.86%
Income greater than 500K0.15%0.16%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations15.27%14.04%
Professional and Related Occupations21.05%20.61%
Service13.48%14.45%
Sales and Office26.42%26.75%
Farming, Fishing, and Forestry0.66%0.70%
Construction, Extraction, and Maintenance8.51%9.42%
Production, Transportation, and Material Moving14.62%14.05%


Median Household Income

The unemployment rate in Minnesota, MN, is 5.90%, with job growth of 0.17%. Future job growth over the next ten years is predicted to be 34.44%.

Minnesota, MN Taxes

Minnesota, MN,sales tax rate is 6.88%. Income tax is 7.05%.

Minnesota, MN Income and Salaries

The income per capita is $27,934, which includes all adults and children. The median household income is $56,012.


Minnesota Economy SperlingViews

Wayzata, MN: Wayzata has it... (read more)Employment: The employment and weather are not so... (read more)Economy: Good... (read more)Have an opinion about Minnesota? Leave a commentTo See All SperlingViews for Minnesota Click Here