Boyd, MN Employment - Median Household Income, Unemployment Rate

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D-

15%

Income/capita NAT. AVG.

8%

Household income NAT. AVG.

29%

Unemployment NAT. AVG.

Index	Boyd	Minnesota	National
Income per capita	$25,395	$33,225	$29,829
Median household income	$50,833	$63,217	$55,322
Median income owner occupied	$51,667	$77,618	$70,586
Median income renter occupied	$0	$34,348	$35,192
Median earnings male	$25,179	$40,933	$36,919
Median earnings female	$21,250	$29,114	$26,250
Unemployment rate	6.0%	3.4%	4.7%
Poverty level	35.6%	10.8%	15.1%

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Key findings

The income per capita in Boyd is 15% lower than the national average
The median household income in Boyd is 8% lower than the national average
Male median earnings are 41% higher than female median earnings
The unemployment rate in Boyd is 29% higher than the national average
The poverty level in Boyd is 135% higher than the national average

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am i middle class

$33,885 $50,833 $101,666

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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Boyd median earnings by income bracket

Boyd employment by industry

Labour Type	Male	Female
Construction industry	17.2%	17.2%
Manufacturing sector	17.2%	17.2%
Financial & insurance services	0.0%	0.0%
Wholesale & retail services	13.8%	13.8%
Public administration	13.8%	13.8%
Transportation, warehousing & utilities	6.9%	6.9%
Education, health & social services	0.0%	0.0%
Other	31.0%	31.0%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
Watson, MN	178	$58,295	5.4%
Dawson, MN	1,507	$55,714	0.7%
Hazel Run, MN	92	$53,542	3.2%
Clarkfield, MN	962	$52,235	5.6%
Montevideo, MN	5,071	$51,953	6.1%
Boyd, MN	149	$50,833	8.1%

Cities with similar population

City	Population	Household Income	National Avg.
Calvert, AL	149	$26,866	51.4%
Rudy, AR	149	$45,568	17.6%
Blairsburg, IA	149	$66,250	19.8%
Calhoun, IL	149	$40,625	26.6%
Littleton, IL	149	$52,250	5.6%
Boyd, MN	149	$50,833	8.1%

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