2025 Compare Cities Economy:
Taylors Falls, MN vs New Richmond, WI

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Highlights
- Household income in New Richmond, is 21% more than it is in Taylors Falls and is 4% above the National Average.
- Taylors Falls unemployment rate is 5.4%.
- New Richmond unemployment rate is 4.5%.
 Taylors Falls, MNNew Richmond, WIUnited States
 Unemployment Rate  Unlock4.5%6.0%
 Recent Job Growth  Unlock1.1%1.6%
 Future Job Growth35.3%  Unlock33.5%
 Sales Taxes7.4%  Unlock6.2%
 Income Taxes  Unlock6.3%4.6%
 Income per Cap.$32,392  Unlock$37,638
 Household Income  Unlock$71,827$69,021
 Family Median Income$81,641  Unlock$85,028
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 Est. Households By Income
 Taylors Falls, MNNew Richmond, WIUnited States
 Income Less Than 15K  Unlock6.0%9.4%
 Income between 15K and 20K3.9%  Unlock3.8%
 Income between 20K and 30K  Unlock5.5%8.1%
 Income between 30K and 40K13.0%  Unlock8.0%
 Income between 40K and 50K  Unlock9.7%7.6%
 Income between 50K and 60K6.2%  Unlock7.2%
 Income between 60K and 75K  Unlock11.2%9.6%
 Income between 75K and 100K14.0%  Unlock12.8%
 Income between 100K and 150K  Unlock21.8%16.3%
 Income between 150K and 200K6.8%  Unlock7.8%
 Income greater than 200K  Unlock2.3%9.5%
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 Population By Occupation
 Taylors Falls, MNNew Richmond, WIUnited States
 Management, business, finance17.4%  Unlock16.4%
 Engineering, computers, science  Unlock5.6%6.5%
 Community, social services2.6%  Unlock1.8%
 Legal  Unlock1.3%1.2%
 Education, library3.9%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock2.7%2.0%
 Healthcare practitioners and technology0.5%  Unlock6.2%
 Healthcare support  Unlock3.7%3.3%
 Firefighters, law enforcement0.0%  Unlock2.1%
 Food preparation, serving  Unlock2.9%5.4%
 Building maintenance10.4%  Unlock3.6%
 Personal care  Unlock2.2%2.6%
 Sales, office, administrative support16.4%  Unlock20.9%
 Farming, fishing, forestry  Unlock0.2%0.6%
 Construction, extraction, maintenance/repair11.4%  Unlock8.1%
 Production, transportation, material moving  Unlock21.5%13.1%
Reviews for Taylors Falls    1 Reviews

Over 16 years ago

Taylors Falls,Mn is truly living the dream. With the 100 ft cliffs and amazing parks, the St. Croix river running through it,and numerous outdoor activities,there is no  More

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Reviews for New Richmond    1 Reviews

Over 16 years ago

WE RECENTLY BUILT A HOME HERE AND THE HOOK-UP FEES ARE MUCH HIGHER THAN SURROUNDING TOWNS. WE ARE IN THE PROCESS OF BUILDING NEW SCHOOLS BUT THIS HIGH FEE WAS IN PLACE  More

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