Taconite, MN Employment - Median Household Income, Unemployment Rate

C

7%

Income/capita NAT. AVG.

8%

Household income NAT. AVG.

14%

Unemployment NAT. AVG.

Index	Taconite	Minnesota	National
Income per capita	$32,059	$33,225	$29,829
Median household income	$59,545	$63,217	$55,322
Median income owner occupied	$67,679	$77,618	$70,586
Median income renter occupied	$20,521	$34,348	$35,192
Median earnings male	$47,946	$40,933	$36,919
Median earnings female	$26,406	$29,114	$26,250
Unemployment rate	4.0%	3.4%	4.7%
Poverty level	9.2%	10.8%	15.1%

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Key findings

The income per capita in Taconite is 7% higher than the national average
The median household income in Taconite is 8% higher than the national average
Male median earnings are 41% higher than female median earnings
The unemployment rate in Taconite is 14% lower than the national average
The poverty level in Taconite is 39% lower than the national average

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am i middle class

$39,692 $59,545 $119,090

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.

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Taconite median earnings by income bracket

Taconite employment by industry

Labour Type	Male	Female
Construction industry	24.5%	24.5%
Manufacturing sector	25.2%	25.2%
Financial & insurance services	0.0%	0.0%
Wholesale & retail services	2.0%	2.0%
Public administration	1.3%	1.3%
Transportation, warehousing & utilities	0.0%	0.0%
Education, health & social services	8.6%	8.6%
Other	38.4%	38.4%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
Cohasset, MN	2,710	$67,924	22.8%
La Prairie, MN	732	$63,929	15.6%
Bovey, MN	726	$53,011	4.2%
Nashwauk, MN	1,104	$50,893	8.0%
Calumet, MN	341	$50,625	8.5%
Taconite, MN	753	$59,545	7.6%

Cities with similar population

City	Population	Household Income	National Avg.
Amity, AR	753	$37,721	31.8%
Aguila, AZ	753	$22,833	58.7%
Mesa Verde, CA	753	$41,576	24.8%
Volcano, HI	753	$62,482	12.9%
Blairstown, IA	753	$63,047	14.0%
Taconite, MN	753	$59,545	7.6%

Source: The Taconite, MN employment data displayed above is derived from the United States Census Bureau American Community Survey (ACS).