Economy & Jobs — Forada, Minnesota

Income & Employment

Median Household Income (Census)$80,500
Estimated 2026~$78,300
Per Capita Income$44,891
Poverty Rate7.5%
Unemployment Rate2.1%
In Labor Force71

Top Industries

IndustryShare
Education Healthcare21.5%
Construction15.4%
Manufacturing15.4%

Local Businesses (County)

TypeCount
Full Service Restaurants41
Gas Stations28
Real Estate Offices25
Insurance Agencies24
Fast Food24
Dental Offices17
Commercial Banks16
Hotels Motels16
Law Offices14
Auto Repair13
Chiropractors13
Beauty Salons11
Physician Offices11
Coffee Shops11
Accounting Firms9
Sources: Census ACS 5-Year 2023; BLS QCEW 2023; Census ACS 5-Year 2023, B19013.