Economy & Jobs — Montevideo, Minnesota
Income & Employment
| Median Household Income (Census) | $68,596 |
|---|
| Estimated 2026 | ~$74,900 |
|---|
| Per Capita Income | $30,769 |
|---|
| Poverty Rate | 19.6% |
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| Unemployment Rate | 2.3% |
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| In Labor Force | 2,499 |
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Top Industries
| Industry | Share |
|---|
| Education Healthcare | 25.0% |
| Retail | 19.1% |
| Manufacturing | 18.4% |
Local Businesses (County)
| Type | Count |
|---|
| Insurance Agencies | 11 |
| Auto Repair | 10 |
| Commercial Banks | 9 |
| Fast Food | 7 |
| Accounting Firms | 6 |
| Chiropractors | 6 |
| Full Service Restaurants | 6 |
| Gas Stations | 5 |
| Hotels Motels | 5 |
| Bars | 5 |
| Grocery Stores | 3 |
| General Merchandise | 3 |
| Funeral Homes | 3 |
| Law Offices | 3 |
| Dental Offices | 3 |
Sources: Census ACS 5-Year 2023; BLS QCEW 2023; Census ACS 5-Year 2023, B19013.
