Empire, MN Economy


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Empire, MN is a small city located in the midwest. It has a population of about 1,000 people and is home to several local companies such as Empire Home Care Agency, Empire Library, and Empire Auto Parts. The cost of living in Empire is relatively affordable with 2 bedroom rent averaging $1,520 and the grocery cost index being 102 compared to 100 nationally. Despite being small, the city has plenty of amenities for its residents from stores to bars to activities for families.

Empire has an unemployment rate of 4.1%. The US average is 6.0%.

Empire 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 36.7%, which is higher than the US average of 33.5%.

Tax Rates for Empire
- The Sales Tax Rate for Empire is 7.1%. The US average is 7.3%.
- The Income Tax Rate for Empire 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 Empire
- The average income of a Empire resident is $32,304 a year. The US average is $28,555 a year.
- The Median household income of a Empire resident is $134,667 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyEmpire, MinnesotaUnited States
  4.16
  -3.7%-6.2%
  36.7%33.5%
  7.1%6.2%
  7.1%4.6%
  $42,949$37,638
  $134,667$69,021
  $138,588$85,028
  Population by Occupation
  1.7%1.2%
  0.3%0.5%
  8.3%6.8%
  10.6%10.0%
  5.5%2.5%
  9.6%11.0%
  8.1%4.8%
  2.5%0.8%
  2.2%1.9%
  9.2%4.7%
  0.5%1.9%
  4.7%7.6%
  0.3%0.1%
  2.6%4.2%
  7.2%9.3%
  12.6%14.0%
  2.1%2.1%
  5.7%7.0%
  3.2%4.8%
  3.1%4.7%
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