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Economy in Foley, Minnesota

Overview, People, Health, Economy, Housing, Rankings, Crime
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Economy
EconomyFoley, MNUnited States
Unemployment Rate8.70%9.10%
Recent Job Growth1.81%-0.12%
Future Job Growth34.92%31.25%
Sales Taxes6.50%6.80%
Income Taxes7.85%6.25%
Income per Cap.$21,575$27,067
Household Income$45,763$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K16.90%12.10%
Income between 15K and 25K10.80%10.18%
Income between 25K and 35K13.79%10.56%
Income between 35K and 50K11.84%14.98%
Income between 50K and 75K25.98%19.53%
Income between 75K and 100K10.23%12.52%
Income between 100K and 150K7.58%12.14%
Income between 150K and 250K1.15%3.91%
Income between 250K and 500K1.26%3.34%
Income greater than 500K0.46%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations7.83%13.81%
Professional and Related Occupations24.29%22.68%
Service11.74%14.51%
Sales and Office21.93%25.22%
Farming, Fishing, and Forestry1.09%0.68%
Construction, Extraction, and Maintenance12.47%9.37%
Production, Transportation, and Material Moving26.21%15.86%
Median Household Income

The unemployment rate in Foley, MN, is 8.70%, with job growth of 1.81%. Future job growth over the next ten years is predicted to be 34.92%.

Foley, MN Taxes

Foley, MN,sales tax rate is 6.50%. Income tax is 7.85%.

Foley, MN Income and Salaries

The income per capita is $21,575, which includes all adults and children. The median household income is $45,763.


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