Newfolden employment information

IndexNewfoldenMinnesotaNational
Income per capita$25,446$33,225$29,829
Median household income$51,705$63,217$55,322
Median income owner occupied$52,045$77,618$70,586
Median income renter occupied$41,250$34,348$35,192
Median earnings male$38,929$40,933$36,919
Median earnings female$27,344$29,114$26,250
Unemployment rate1.2%3.4%4.7%
Poverty level9.8%10.8%15.1%
The Newfolden, 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 Newfolden is $25,446, which is 23% lower than than the Minnesota average and 15% lower than than the national average. The median household income is $51,705, which is 18% lower than than the Minnesota average and 7% lower than than the national average. The unemployment rate in Newfolden is 1%, which is 73% lower than than the national average. The poverty rate in Newfolden is 10% which is 35% lower than than the national average.
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am i middle class

$Input your household income
$34,466$51,705$103,410
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 Newfolden is 15% lower than the national average.
  • The median household income in Newfolden is 7% lower than the national average.
  • Male median earnings are 41% higher than female median earnings.
  • The unemployment rate in Newfolden is 73% lower than the national average.
  • The poverty level in Newfolden is 35% lower than the national average.

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Compare Newfolden, MN Employment To Other Cities

Employment status

Hours worked per week

Newfolden median earnings by income bracket

Newfolden employment by industry

Labour TypeMaleFemale
Construction industry14.8%1.8%
Manufacturing sector27.8%0.0%
Financial & insurance services0.0%0.0%
Wholesale & retail services25.0%36.0%
Public administration2.8%5.4%
Transportation, warehousing & utilities14.8%0.0%
Education, health & social services5.6%24.3%
Other7.4%13.5%

Nearby cities with high median household income

City, StatePopulationHousehold IncomeNational Avg.
Strathcona, MN27$93,75069%
Holt, MN123$63,75015%
Viking, MN143$48,75012%
Middle River, MN294$34,12538%
Strandquist, MN92$19,58365%
Newfolden, MN407$51,7057%

Cities with similar population

City, StatePopulationHousehold IncomeNational Avg.
Birdseye, IN407$32,91740%
Calamus, IA407$57,5004%
Collins, OH407$70,92128%
Cutler, IL407$40,83326%
Cedar Grove, NM407$54,2592%
Newfolden, MN407$51,7057%
Source: The Newfolden, MN employment data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS).