Princeton, MN Employment - Median Household Income, Unemployment Rate

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D

18%

Income/capita NAT. AVG.

32%

Household income NAT. AVG.

39%

Unemployment NAT. AVG.

Index	Princeton	Minnesota	National
Income per capita	$24,574	$33,225	$29,829
Median household income	$37,445	$63,217	$55,322
Median income owner occupied	$54,063	$77,618	$70,586
Median income renter occupied	$26,123	$34,348	$35,192
Median earnings male	$39,458	$40,933	$36,919
Median earnings female	$26,341	$29,114	$26,250
Unemployment rate	2.8%	3.4%	4.7%
Poverty level	14.7%	10.8%	15.1%

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Key findings

The income per capita in Princeton is 18% lower than the national average
The median household income in Princeton is 32% lower than the national average
Male median earnings are 41% higher than female median earnings
The unemployment rate in Princeton is 39% lower than the national average
The poverty level in Princeton is 3% lower than the national average

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am i middle class

$24,960 $37,445 $74,890

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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Princeton median earnings by income bracket

Princeton employment by industry

Labour Type	Male	Female
Construction industry	16.9%	16.9%
Manufacturing sector	32.2%	32.2%
Financial & insurance services	1.3%	1.3%
Wholesale & retail services	15.3%	15.3%
Public administration	1.1%	1.1%
Transportation, warehousing & utilities	2.0%	2.0%
Education, health & social services	13.2%	13.2%
Other	18.1%	18.1%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
Ronneby, MN	45	$96,250	74.0%
St. Francis, MN	7,793	$85,607	54.7%
Becker, MN	4,919	$75,625	36.7%
Zimmerman, MN	5,831	$74,891	35.4%
Foreston, MN	600	$72,083	30.3%
Princeton, MN	4,701	$37,445	32.3%

Cities with similar population

City	Population	Household Income	National Avg.
Gibson, AR	4,701	$66,416	20.1%
Samoset, FL	4,701	$37,230	32.7%
Auburn, IL	4,701	$71,537	29.3%
Christiana, TN	4,701	$95,293	72.3%
Lower Grand Lagoon, FL	4,700	$61,647	11.4%
Princeton, MN	4,701	$37,445	32.3%

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