The Richfield, 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 Richfield is $29,839, which is 10% lower than than the Minnesota average and equal to than the national average. The median household income is $54,642, which is 14% lower than than the Minnesota average and 1% lower than than the national average. The unemployment rate in Richfield is 4%, which is 15% lower than than the national average. The poverty rate in Richfield is 12% which is 24% lower than than the national average.
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am i middle class
$36,424$54,642$109,284
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 Richfield is equal to the national average.
The median household income in Richfield is 1% lower than the national average.
Male median earnings are 41% higher than female median earnings.
The unemployment rate in Richfield is 15% lower than the national average.
The poverty level in Richfield is 24% lower than the national average.
