Alvwood, Minnesota 

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United States / Minnesota / No Metro Area / Itasca County / Alvwood / Zip Codes
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Economy in Alvwood, Minnesota

Alvwood has an unemployment rate of 5.6%. The US average is 3.7%.

Alvwood has seen the job market increase by 2.3% over the last year. Future job growth over the next ten years is predicted to be 20.5%, which is lower than the US average of 33.5%.

Tax Rates for Alvwood
- The Sales Tax Rate for Alvwood is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Alvwood is 7.1%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Alvwood
- The average income of a Alvwood resident is $19,560 a year. The US average is $28,555 a year.
- The Median household income of a Alvwood resident is $44,000 a year. The US average is $53,482 a year.

INCOME BY POPULATION PERCENT

  ECONOMYAlvwood, MinnesotaUnited States
  5.6%3.7%
  2.3%1.6%
  20.5%33.5%
  6.9%6.2%
  7.1%4.6%
  $17,215$31,177
  $38,750$57,652
  $43,750$70,850
  POPULATION BY OCCUPATION
  0.0%1.3%
  0.0%0.6%
  0.0%6.2%
  7.7%10.4%
  15.4%2.7%
  0.0%11.6%
  0.0%4.1%
  0.0%0.9%
  0.0%2.1%
  0.0%4.7%
Real estate, rental, leasing0.0%1.9%
ECONOMY MAP
  • Unemployment Rate (US Avg: 5.2%)
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