Paynesville, MN Employment - Median Household Income, Unemployment Rate

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Key findings

The income per capita in Paynesville is 7% lower than the national average
The median household income in Paynesville is equal to the national average
Male median earnings are 41% higher than female median earnings
The unemployment rate in Paynesville is 34% lower than the national average
The poverty level in Paynesville is 39% lower than the national average

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am i middle class

$37,020 $55,536 $111,072

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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Paynesville median earnings by income bracket

Paynesville employment by industry

Labour Type	Male	Female
Construction industry	14.1%	14.1%
Manufacturing sector	24.6%	24.6%
Financial & insurance services	1.0%	1.0%
Wholesale & retail services	16.5%	16.5%
Public administration	0.0%	0.0%
Transportation, warehousing & utilities	9.5%	9.5%
Education, health & social services	11.7%	11.7%
Other	21.8%	21.8%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
Lake Henry, MN	86	$88,269	59.6%
St. Martin, MN	356	$73,750	33.3%
Regal, MN	51	$71,875	29.9%
Cold Spring, MN	4,238	$63,833	15.4%
Spicer, MN	1,316	$63,750	15.2%
Paynesville, MN	2,525	$55,536	0.4%

Cities with similar population

City	Population	Household Income	National Avg.
Hughesville, MD	2,525	$123,348	123.0%
Dixon Lane-Meadow Creek, CA	2,524	$48,611	12.1%
Elwood, IL	2,524	$81,250	46.9%
Lakeland, NY	2,524	$76,964	39.1%
Sudbury, Unorganized, North Part, ON	2,526	n/a
Paynesville, MN	2,525	$55,536	0.4%

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

Index	Paynesville	Minnesota	National
Income per capita	$27,887	$33,225	$29,829
Median household income	$55,536	$63,217	$55,322
Median income owner occupied	$59,327	$77,618	$70,586
Median income renter occupied	$49,500	$34,348	$35,192
Median earnings male	$32,279	$40,933	$36,919
Median earnings female	$24,926	$29,114	$26,250
Unemployment rate	3.1%	3.4%	4.7%
Poverty level	9.2%	10.8%	15.1%