2025 Compare Cities Economy:
Monroe, WI vs Prior Lake, MN

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Highlights
- Household income in Prior Lake, is 101% more than it is in Monroe and is 40% above the National Average.
- Monroe unemployment rate is 4.0%.
- Prior Lake unemployment rate is 3.8%.
 Monroe, WIPrior Lake, MNUnited States
 Unemployment Rate  Unlock3.8%6.0%
 Recent Job Growth  Unlock1.8%1.6%
 Future Job Growth36.6%  Unlock33.5%
 Sales Taxes5.5%  Unlock6.2%
 Income Taxes  Unlock7.1%4.6%
 Income per Cap.$33,713  Unlock$37,638
 Household Income  Unlock$115,837$69,021
 Family Median Income$75,329  Unlock$85,028
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 Est. Households By Income
 Monroe, WIPrior Lake, MNUnited States
 Income Less Than 15K  Unlock2.6%9.4%
 Income between 15K and 20K3.4%  Unlock3.8%
 Income between 20K and 30K  Unlock3.8%8.1%
 Income between 30K and 40K7.7%  Unlock8.0%
 Income between 40K and 50K  Unlock5.2%7.6%
 Income between 50K and 60K7.0%  Unlock7.2%
 Income between 60K and 75K  Unlock9.4%9.6%
 Income between 75K and 100K15.7%  Unlock12.8%
 Income between 100K and 150K  Unlock21.7%16.3%
 Income between 150K and 200K4.8%  Unlock7.8%
 Income greater than 200K  Unlock23.2%9.5%
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 Population By Occupation
 Monroe, WIPrior Lake, MNUnited States
 Management, business, finance11.2%  Unlock16.4%
 Engineering, computers, science  Unlock10.1%6.5%
 Community, social services1.0%  Unlock1.8%
 Legal  Unlock0.8%1.2%
 Education, library5.3%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock2.7%2.0%
 Healthcare practitioners and technology5.9%  Unlock6.2%
 Healthcare support  Unlock1.7%3.3%
 Firefighters, law enforcement0.9%  Unlock2.1%
 Food preparation, serving  Unlock3.3%5.4%
 Building maintenance3.1%  Unlock3.6%
 Personal care  Unlock3.6%2.6%
 Sales, office, administrative support20.8%  Unlock20.9%
 Farming, fishing, forestry  Unlock0.1%0.6%
 Construction, extraction, maintenance/repair7.8%  Unlock8.1%
 Production, transportation, material moving  Unlock9.7%13.1%
Reviews for Monroe    3 Reviews

Over 17 years ago

Monroe is not a bad place to live but trying to find a good paying job can be real  More

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The Monroe, WI area is a wonderful place to live. We are centrally located, with access to Madison (less than an hour north), Milwauke (about 2 hours northeast),  More

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I have lived in Monroe my whole life and there are NO Decent jobs here. I am one of the few lucky ones that have one of them. There are really no jobs in Monroe at  More

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Reviews for Prior Lake    3 Reviews

Over 13 years ago

Prior Lake is an amazing place to raise a family and to live. The city puts a lot of money into community events that are almost always free or of low cost. From the  More

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Over 15 years ago

A beautiful, quiet, friendly community built around a lovely good sized lake. Prior Lake is only a short drive away from many fun and exciting cultural, sporting,  More

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We actually live in Credit River Township, but our mailing address is Prior Lake. Our real estate taxes help pay for the schools in Prior Lake, but, in Credit River  More

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