Tower, MN Employment - Median Household Income, Unemployment Rate

C-

2%

Income/capita NAT. AVG.

7%

Household income NAT. AVG.

48%

Unemployment NAT. AVG.

Index	Tower	Minnesota	National
Income per capita	$30,304	$33,225	$29,829
Median household income	$51,310	$63,217	$55,322
Median income owner occupied	$61,313	$77,618	$70,586
Median income renter occupied	$17,396	$34,348	$35,192
Median earnings male	$42,500	$40,933	$36,919
Median earnings female	$25,750	$29,114	$26,250
Unemployment rate	2.4%	3.4%	4.7%
Poverty level	10.3%	10.8%	15.1%

New Real Estate Listings in Tower Area

For Sale For Rent

Search

Search Homes for Sale in Tower, MN

See How Much House You Can Afford. Get Pre-Approved Today

Key findings

The income per capita in Tower is 2% higher than the national average
The median household income in Tower is 7% lower than the national average
Male median earnings are 41% higher than female median earnings
The unemployment rate in Tower is 48% lower than the national average
The poverty level in Tower is 32% lower than the national average

Compare Tower, MN Employment

Best Places for Employment in and Around Tower

See all the best places to live around Tower

Write a review to give others more information about this area.

See all Tower poll results

am i middle class

$34,203 $51,310 $102,620

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.

The best places in Minnesota

Here are the best places to live in Minnesota

Check out the 10 safest cities in Minnesota

Top 10 best public schools in Tower

These are the 10 most affordable cities in Minnesota

Tower median earnings by income bracket

Tower employment by industry

Labour Type	Male	Female
Construction industry	8.7%	8.7%
Manufacturing sector	13.6%	13.6%
Financial & insurance services	2.9%	2.9%
Wholesale & retail services	18.4%	18.4%
Public administration	2.9%	2.9%
Transportation, warehousing & utilities	17.5%	17.5%
Education, health & social services	12.6%	12.6%
Other	23.3%	23.3%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
Soudan, MN	467	$46,667	15.6%
Tower, MN	457	$51,310	7.3%

Cities with similar population

City	Population	Household Income	National Avg.
New Virginia, IA	457	$69,500	25.6%
Almena, KS	457	$44,375	19.8%
Effingham, KS	457	$45,714	17.4%
Mullen, NE	457	$40,703	26.4%
East Nassau, NY	457	$56,071	1.4%
Tower, MN	457	$51,310	7.3%

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