Tower, MN Employment - Median Household Income, Unemployment Rate

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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

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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.

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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).

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%