New Munich employment information

IndexNew MunichMinnesotaNational
Income per capita$23,725$33,225$29,829
Median household income$45,833$63,217$55,322
Median income owner occupied$47,708$77,618$70,586
Median income renter occupied$0$34,348$35,192
Median earnings male$40,417$40,933$36,919
Median earnings female$17,404$29,114$26,250
Unemployment rate4.1%3.4%4.7%
Poverty level19.3%10.8%15.1%
The New Munich, 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 New Munich is $23,725, which is 29% lower than than the Minnesota average and 20% lower than than the national average. The median household income is $45,833, which is 27% lower than than the Minnesota average and 17% lower than than the national average. The unemployment rate in New Munich is 4%, which is 11% lower than than the national average. The poverty rate in New Munich is 19% which is 28% higher than than the national average.

am i middle class

$Input your household income
$30,552$45,833$91,666
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.

Did you know?

  • The income per capita in New Munich is 20% lower than the national average.
  • The median household income in New Munich is 17% lower than the national average.
  • Male median earnings are 41% higher than female median earnings.
  • The unemployment rate in New Munich is 11% lower than the national average.
  • The poverty level in New Munich is 28% higher than the national average.

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Compare New Munich, MN Employment To Other Cities

Employment status

Hours worked per week

New Munich median earnings by income bracket

New Munich employment by industry

Labour TypeMaleFemale
Construction industry17.1%1.3%
Manufacturing sector25.6%11.8%
Financial & insurance services2.4%5.3%
Wholesale & retail services24.4%28.9%
Public administration2.4%0.0%
Transportation, warehousing & utilities1.2%2.6%
Education, health & social services2.4%21.1%
Other23.2%22.4%

Nearby cities with high median household income

City, StatePopulationHousehold IncomeNational Avg.
St. Rosa, MN69$76,25038%
Avon, MN1,669$68,03623%
Freeport, MN751$64,00016%
Roscoe, MN104$63,12514%
St. Martin, MN342$62,65613%
New Munich, MN347$45,83317%

Cities with similar population

City, StatePopulationHousehold IncomeNational Avg.
Poyen, AR347$45,46918%
Mardela Springs, MD347$54,5311%
Delano, PA347$44,00020%
Lohrville, WI347$35,93835%
Askov, MN347$31,87542%
New Munich, MN347$45,83317%
Source: The New Munich, MN employment data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS).