2025 Compare Cities Economy:
Princeton, MN vs Albert Lea, MN

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Highlights
- Household income in Albert Lea, is 16% more than it is in Princeton and is 35% below the National Average.
- Princeton unemployment rate is 7.9%.
- Albert Lea unemployment rate is 4.5%.
 Princeton, MNAlbert Lea, MNUnited States
 Unemployment Rate  Unlock4.5%6.0%
 Recent Job Growth  Unlock-0.4%1.6%
 Future Job Growth31.9%  Unlock33.5%
 Sales Taxes7.4%  Unlock6.2%
 Income Taxes  Unlock7.1%4.6%
 Income per Cap.$29,978  Unlock$37,638
 Household Income  Unlock$51,047$69,021
 Family Median Income$56,653  Unlock$85,028
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 Est. Households By Income
 Princeton, MNAlbert Lea, MNUnited States
 Income Less Than 15K  Unlock11.6%9.4%
 Income between 15K and 20K6.0%  Unlock3.8%
 Income between 20K and 30K  Unlock11.8%8.1%
 Income between 30K and 40K13.6%  Unlock8.0%
 Income between 40K and 50K  Unlock12.0%7.6%
 Income between 50K and 60K8.1%  Unlock7.2%
 Income between 60K and 75K  Unlock10.9%9.6%
 Income between 75K and 100K10.5%  Unlock12.8%
 Income between 100K and 150K  Unlock10.3%16.3%
 Income between 150K and 200K2.1%  Unlock7.8%
 Income greater than 200K  Unlock3.8%9.5%
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 Population By Occupation
 Princeton, MNAlbert Lea, MNUnited States
 Management, business, finance11.1%  Unlock16.4%
 Engineering, computers, science  Unlock2.9%6.5%
 Community, social services7.9%  Unlock1.8%
 Legal  Unlock0.3%1.2%
 Education, library1.2%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock1.1%2.0%
 Healthcare practitioners and technology0.6%  Unlock6.2%
 Healthcare support  Unlock5.7%3.3%
 Firefighters, law enforcement0.4%  Unlock2.1%
 Food preparation, serving  Unlock6.7%5.4%
 Building maintenance4.0%  Unlock3.6%
 Personal care  Unlock2.7%2.6%
 Sales, office, administrative support16.7%  Unlock20.9%
 Farming, fishing, forestry  Unlock0.7%0.6%
 Construction, extraction, maintenance/repair10.7%  Unlock8.1%
 Production, transportation, material moving  Unlock25.2%13.1%
Reviews for Princeton    0 Reviews

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Reviews for Albert Lea    1 Reviews

Over 19 years ago

After living in the Twin Cities and California, Albert Lea seems dirt cheap. Housing is some of the lowest in the  More

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