Economy & Jobs — Shafer, Minnesota
Income & Employment
| Median Household Income (Census) | $99,489 |
|---|
| Estimated 2026 | ~$109,400 |
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| Per Capita Income | $37,870 |
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| Poverty Rate | 7.5% |
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| Unemployment Rate | 2.3% |
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| In Labor Force | 690 |
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Top Industries
| Industry | Share |
|---|
| Education Healthcare | 24.1% |
| Manufacturing | 22.2% |
| Construction | 11.1% |
Local Businesses (County)
| Type | Count |
|---|
| Real Estate Offices | 35 |
| Full Service Restaurants | 31 |
| Auto Repair | 28 |
| Fast Food | 28 |
| Gas Stations | 25 |
| Insurance Agencies | 21 |
| Beauty Salons | 17 |
| Dental Offices | 14 |
| Chiropractors | 12 |
| Child Day Care | 12 |
| Liquor Stores | 11 |
| Commercial Banks | 10 |
| Law Offices | 9 |
| Physician Offices | 9 |
| Bars | 9 |
Sources: Census ACS 5-Year 2023; BLS QCEW 2023; Census ACS 5-Year 2023, B19013.
