Forada employment information

IndexForadaMinnesotaNational
Income per capita$38,353$33,225$29,829
Median household income$62,188$63,217$55,322
Median income owner occupied$62,188$77,618$70,586
Median income renter occupied$0$34,348$35,192
Median earnings male$35,313$40,933$36,919
Median earnings female$32,750$29,114$26,250
Unemployment rate1.7%3.4%4.7%
Poverty level3.7%10.8%15.1%
The Forada, MN employment information can be a key indicator when searching for a new job. A good indicator of the strength of the job market is the income per capita and the median household income. The income per capita in Forada is $38,353, which is 15% higher than than the Minnesota average and 29% higher than than the national average. The median household income is $62,188, which is 2% lower than than the Minnesota average and 12% higher than than the national average. The unemployment rate in Forada is 2%, which is 63% lower than than the national average. The poverty rate in Forada is 4% which is 76% lower than than the national average.

am i middle class

$Input your household income
$41,454$62,188$124,376
City
$42,140$63,217$126,434
State
$36,877$55,322$110,644
Nation
According to the PEW research center, the middle class is defined as a range from two thirds (2/3) of the median household income to a multiple of two (2) times the median household income. Displayed above are the city, state and national median household income averages. Simply enter your median household income to determine if your income falls into the middle class or if your household income is considered upper or lower class.

Did you know?

  • The income per capita in Forada is 29% higher than the national average.
  • The median household income in Forada is 12% higher than the national average.
  • Male median earnings are 41% higher than female median earnings.
  • The unemployment rate in Forada is 63% lower than the national average.
  • The poverty level in Forada is 76% lower than the national average.

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Compare Forada, MN Employment To Other Cities

Employment status

Hours worked per week

Forada median earnings by income bracket

Forada employment by industry

Labour TypeMaleFemale
Construction industry8.3%1.7%
Manufacturing sector28.3%3.4%
Financial & insurance services0.0%5.2%
Wholesale & retail services8.3%12.1%
Public administration10.0%1.7%
Transportation, warehousing & utilities18.3%0.0%
Education, health & social services6.7%39.7%
Other20.0%24.1%

Nearby cities with high median household income

City, StatePopulationHousehold IncomeNational Avg.
West Union, MN128$67,91723%
Long Beach, MN314$67,34422%
Lowry, MN395$61,04210%
Carlos, MN513$56,6072%
Brandon, MN504$53,7503%
Forada, MN190$62,18812%

Cities with similar population

City, StatePopulationHousehold IncomeNational Avg.
Callaghan, VA190$42,15924%
Manitou, OK190$27,03151%
Baylis, IL190$26,87551%
Randolph, IA190$47,91713%
Olar, SC190$22,34460%
Forada, MN190$62,18812%
Source: The Forada, MN employment data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS).