Gail Lake, Minnesota 

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Economy in Gail Lake, Minnesota

Gail Lake has an unemployment rate of 3.8%. The US average is 3.9%.

Gail Lake has seen the job market increase by 5.1% over the last year. Future job growth over the next ten years is predicted to be 42.5%, which is higher than the US average of 33.5%.

Tax Rates for Gail Lake
- The Sales Tax Rate for Gail Lake is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Gail Lake 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 Gail Lake
- The average income of a Gail Lake resident is $23,630 a year. The US average is $28,555 a year.
- The Median household income of a Gail Lake resident is $24,286 a year. The US average is $53,482 a year.

INCOME BY POPULATION PERCENT

  ECONOMYGail Lake, MinnesotaUnited States
  3.3%3.7%
  5.1%1.6%
  42.5%33.5%
  7.4%6.2%
  7.1%4.6%
  $31,376$31,177
  $57,500$57,652
  $59,375$70,850
  POPULATION BY OCCUPATION
  0.0%1.3%
  0.0%0.6%
  13.2%6.2%
  7.9%10.4%
  0.0%2.7%
  0.0%11.6%
  0.0%4.1%
  0.0%0.9%
  0.0%2.1%
  5.3%4.7%
  0.0%1.9%
  15.8%6.7%
  0.0%0.1%
  5.3%4.3%
  0.0%9.3%
  47.4%13.8%
  0.0%2.2%
  0.0%7.4%
  0.0%4.9%
  5.3%4.8%
ECONOMY MAP
  • Unemployment Rate (US Avg: 5.2%)
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