Preston, MN Employment - Median Household Income, Unemployment Rate

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B-

5%

Income/capita NAT. AVG.

18%

Household income NAT. AVG.

79%

Unemployment NAT. AVG.

Index	Preston	Minnesota	National
Income per capita	$31,185	$33,225	$29,829
Median household income	$45,556	$63,217	$55,322
Median income owner occupied	$68,750	$77,618	$70,586
Median income renter occupied	$30,244	$34,348	$35,192
Median earnings male	$44,205	$40,933	$36,919
Median earnings female	$32,574	$29,114	$26,250
Unemployment rate	1.0%	3.4%	4.7%
Poverty level	10.2%	10.8%	15.1%

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Key findings

The income per capita in Preston is 5% higher than the national average
The median household income in Preston is 18% lower than the national average
Male median earnings are 41% higher than female median earnings
The unemployment rate in Preston is 79% lower than the national average
The poverty level in Preston is 32% lower than the national average

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am i middle class

$30,367 $45,556 $91,112

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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Preston median earnings by income bracket

Preston employment by industry

Labour Type	Male	Female
Construction industry	4.3%	4.3%
Manufacturing sector	16.8%	16.8%
Financial & insurance services	4.7%	4.7%
Wholesale & retail services	12.4%	12.4%
Public administration	7.1%	7.1%
Transportation, warehousing & utilities	14.6%	14.6%
Education, health & social services	19.9%	19.9%
Other	19.3%	19.3%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
Rushford Village, MN	759	$76,563	38.4%
Chatfield, MN	2,690	$75,106	35.8%
Fountain, MN	487	$72,500	31.1%
Peterson, MN	260	$63,250	14.3%
Lanesboro, MN	778	$60,625	9.6%
Preston, MN	1,192	$45,556	17.7%

Cities with similar population

City	Population	Household Income	National Avg.
Dike, IA	1,192	$80,625	45.7%
White Cloud, MI	1,192	$37,656	31.9%
La Plata, MO	1,192	$40,000	27.7%
Runge, TX	1,192	$33,142	40.1%
Lac-Bouchette, QC	1,192	n/a
Preston, MN	1,192	$45,556	17.7%

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