Economy & Jobs — Albert Lea, Minnesota
Income & Employment
| Median Household Income (Census) | $64,603 |
|---|
| Estimated 2026 | ~$71,200 |
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| Per Capita Income | $37,796 |
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| Poverty Rate | 12.8% |
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| Unemployment Rate | 5.7% |
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| In Labor Force | 8,633 |
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Top Industries
| Industry | Share |
|---|
| Manufacturing | 24.1% |
| Education Healthcare | 21.7% |
| Retail | 11.3% |
Local Businesses (County)
| Type | Count |
|---|
| Fast Food | 24 |
| Full Service Restaurants | 23 |
| Auto Repair | 14 |
| Insurance Agencies | 14 |
| Commercial Banks | 12 |
| Bars | 12 |
| Liquor Stores | 8 |
| Gas Stations | 8 |
| Used Car Dealers | 7 |
| Law Offices | 7 |
| Hotels Motels | 7 |
| Grocery Stores | 6 |
| General Merchandise | 5 |
| Beauty Salons | 5 |
| Real Estate Offices | 5 |
Sources: Census ACS 5-Year 2023; BLS QCEW 2023; Census ACS 5-Year 2023, B19013.
