Baldwin, Minnesota 

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Economy in Baldwin, Minnesota

Baldwin has an unemployment rate of 3.2%. The US average is 3.9%.

Baldwin has seen the job market increase by 1.8% over the last year. Future job growth over the next ten years is predicted to be 38.1%, which is higher than the US average of 33.5%.

Tax Rates for Baldwin
- The Sales Tax Rate for Baldwin is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Baldwin 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 Baldwin
- The average income of a Baldwin resident is $29,343 a year. The US average is $28,555 a year.
- The Median household income of a Baldwin resident is $72,143 a year. The US average is $53,482 a year.

INCOME BY POPULATION PERCENT

  ECONOMYBaldwin, MinnesotaUnited States
  3.1%3.7%
  1.8%1.6%
  38.1%33.5%
  6.9%6.2%
  7.1%4.6%
  $29,864$31,177
  $86,563$57,652
  $90,950$70,850
  POPULATION BY OCCUPATION
  2.5%1.3%
  0.9%0.6%
  11.9%6.2%
  19.1%10.4%
  0.6%2.7%
  13.5%11.6%
  4.2%4.1%
  0.4%0.9%
  0.0%2.1%
  5.8%4.7%
  0.6%1.9%
  2.7%6.7%
  0.0%0.1%
  5.4%4.3%
  3.7%9.3%
  17.5%13.8%
  1.6%2.2%
  5.4%7.4%
  2.7%4.9%
  1.3%4.8%
ECONOMY MAP
  • Unemployment Rate (US Avg: 5.2%)
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