Economy in Mankato-North Mankato Metro Area, Minnesota

Mankato-North Mankato Metro Area has an unemployment rate of 2.9%. The US average is 3.7%.

Mankato-North Mankato Metro Area has seen the job market increase by 3.3% over the last year. Future job growth over the next ten years is predicted to be 37.0%, which is higher than the US average of 33.5%.

Tax Rates for Mankato-North Mankato Metro Area
- The Sales Tax Rate for Mankato-North Mankato Metro Area is 7.7%. The US average is 7.3%.
- The Income Tax Rate for Mankato-North Mankato Metro Area 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 Mankato-North Mankato Metro Area
- The average income of a Mankato-North Mankato Metro Area resident is $26,646 a year. The US average is $28,555 a year.
- The Median household income of a Mankato-North Mankato Metro Area resident is $54,112 a year. The US average is $53,482 a year.