West Concord, MN Employment - Median Household Income, Unemployment Rate

West Concord employment information

Index	West Concord	Minnesota	National
Income per capita	$23,916	$33,225	$29,829
Median household income	$49,271	$63,217	$55,322
Median income owner occupied	$53,571	$77,618	$70,586
Median income renter occupied	$32,969	$34,348	$35,192
Median earnings male	$38,438	$40,933	$36,919
Median earnings female	$23,125	$29,114	$26,250
Unemployment rate	1.0%	3.4%	4.7%
Poverty level	22.4%	10.8%	15.1%

The West Concord, 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 West Concord is $23,916, which is 28% lower than than the Minnesota average and 20% lower than than the national average. The median household income is $49,271, which is 22% lower than than the Minnesota average and 11% lower than than the national average. The unemployment rate in West Concord is 1%, which is 78% lower than than the national average. The poverty rate in West Concord is 22% which is 48% higher than than the national average.

am i middle class

$32,844$49,271$98,542

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 West Concord is 20% lower than the national average.
The median household income in West Concord is 11% lower than the national average.
Male median earnings are 41% higher than female median earnings.
The unemployment rate in West Concord is 78% lower than the national average.
The poverty level in West Concord is 48% higher than the national average.

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Employment status

Hours worked per week

West Concord median earnings by income bracket

West Concord employment by industry

Labour Type	Male	Female
Construction industry	17.6%	3.2%
Manufacturing sector	18.1%	19.1%
Financial & insurance services	0.9%	1.9%
Wholesale & retail services	15.4%	3.8%
Public administration	1.8%	1.9%
Transportation, warehousing & utilities	13.6%	2.5%
Education, health & social services	7.2%	51.0%
Other	23.1%	21.7%

Nearby cities with high median household income

City, State	Population	Household Income	National Avg.
Byron, MN	5,191	$82,109	48%
Mantorville, MN	1,098	$71,250	29%
Nerstrand, MN	296	$70,000	27%
Kasson, MN	6,143	$68,199	23%
Pine Island, MN	3,314	$64,083	16%
West Concord, MN	799	$49,271	11%

Cities with similar population

City, State	Population	Household Income	National Avg.
New Augusta, MS	799	$38,095	31%
Hot Sulphur Springs, CO	799	$51,172	8%
Selma, IN	799	$42,321	24%
Hilltop, MN	799	$27,778	50%
Minatare, NE	799	$33,750	39%
West Concord, MN	799	$49,271	11%

Source: The West Concord, MN employment data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS).