2025 Compare Cities Economy:
Wakefield, MI vs Granite Falls, MN

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Highlights
- Household income in Granite Falls, is 36% more than it is in Wakefield and is 29% below the National Average.
- Wakefield unemployment rate is 5.6%.
- Granite Falls unemployment rate is 4.4%.
 Wakefield, MIGranite Falls, MNUnited States
 Unemployment Rate  Unlock4.4%6.0%
 Recent Job Growth  Unlock-1.2%1.6%
 Future Job Growth17.8%  Unlock33.5%
 Sales Taxes6.0%  Unlock6.2%
 Income Taxes  Unlock7.1%4.6%
 Income per Cap.$31,102  Unlock$37,638
 Household Income  Unlock$53,582$69,021
 Family Median Income$53,438  Unlock$85,028
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 Est. Households By Income
 Wakefield, MIGranite Falls, MNUnited States
 Income Less Than 15K  Unlock13.7%9.4%
 Income between 15K and 20K5.4%  Unlock3.8%
 Income between 20K and 30K  Unlock8.5%8.1%
 Income between 30K and 40K13.6%  Unlock8.0%
 Income between 40K and 50K  Unlock10.7%7.6%
 Income between 50K and 60K4.4%  Unlock7.2%
 Income between 60K and 75K  Unlock6.2%9.6%
 Income between 75K and 100K8.9%  Unlock12.8%
 Income between 100K and 150K  Unlock17.4%16.3%
 Income between 150K and 200K1.1%  Unlock7.8%
 Income greater than 200K  Unlock3.2%9.5%
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 Population By Occupation
 Wakefield, MIGranite Falls, MNUnited States
 Management, business, finance3.9%  Unlock16.4%
 Engineering, computers, science  Unlock2.5%6.5%
 Community, social services2.2%  Unlock1.8%
 Legal  Unlock0.3%1.2%
 Education, library2.8%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock2.5%2.0%
 Healthcare practitioners and technology5.7%  Unlock6.2%
 Healthcare support  Unlock0.7%3.3%
 Firefighters, law enforcement3.2%  Unlock2.1%
 Food preparation, serving  Unlock5.9%5.4%
 Building maintenance4.8%  Unlock3.6%
 Personal care  Unlock6.7%2.6%
 Sales, office, administrative support27.3%  Unlock20.9%
 Farming, fishing, forestry  Unlock2.2%0.6%
 Construction, extraction, maintenance/repair21.1%  Unlock8.1%
 Production, transportation, material moving  Unlock7.7%13.1%
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