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Economy in Minnesota

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Economy
EconomyMinnesota, MNUnited States
Unemployment Rate7.30%9.10%
Recent Job Growth-0.12%-0.12%
Future Job Growth32.46%31.25%
Sales Taxes7.50%6.80%
Income Taxes7.85%6.25%
Income per Cap.$29,190$27,067
Household Income$59,008$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K9.01%12.10%
Income between 15K and 25K8.80%10.18%
Income between 25K and 35K9.76%10.56%
Income between 35K and 50K14.83%14.98%
Income between 50K and 75K21.54%19.53%
Income between 75K and 100K14.68%12.52%
Income between 100K and 150K14.04%12.14%
Income between 150K and 250K3.61%3.91%
Income between 250K and 500K3.08%3.34%
Income greater than 500K0.64%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations15.74%13.81%
Professional and Related Occupations24.35%22.68%
Service13.20%14.51%
Sales and Office25.34%25.22%
Farming, Fishing, and Forestry0.70%0.68%
Construction, Extraction, and Maintenance8.18%9.37%
Production, Transportation, and Material Moving16.56%15.86%
Median Household Income

The unemployment rate in Minnesota, MN, is 7.30%, with job growth of -0.12%. Future job growth over the next ten years is predicted to be 32.46%.

Minnesota, MN Taxes

Minnesota, MN,sales tax rate is 7.50%. Income tax is 7.85%.

Minnesota, MN Income and Salaries

The income per capita is $29,190, which includes all adults and children. The median household income is $59,008.


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