Economy & Jobs — Federal Dam, Minnesota

Income & Employment

Median Household Income (Census)$38,393
Estimated 2026~$55,600
Per Capita Income$27,039
Poverty Rate10.6%
Unemployment Rate4.3%
In Labor Force51

Top Industries

IndustryShare
Education Healthcare23.6%
Retail20.0%
Transportation18.2%

Local Businesses (County)

TypeCount
Full Service Restaurants37
Real Estate Offices20
Hotels Motels20
Gas Stations18
Fast Food12
General Merchandise11
Commercial Banks11
Grocery Stores9
Liquor Stores9
Insurance Agencies9
Auto Repair8
Bars8
Law Offices7
Physician Offices6
Child Day Care5
Sources: Census ACS 5-Year 2023; BLS QCEW 2023; Census ACS 5-Year 2023, B19013.