Economy & Jobs — Herman, Minnesota
Income & Employment
| Median Household Income (Census) | $82,917 |
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| Estimated 2026 | ~$83,100 |
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| Per Capita Income | $44,066 |
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| Poverty Rate | 12.9% |
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| Unemployment Rate | 9.5% |
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| In Labor Force | 225 |
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Top Industries
| Industry | Share |
|---|
| Construction | 17.5% |
| Transportation | 14.2% |
| Education Healthcare | 14.2% |
Local Businesses (County)
| Type | Count |
|---|
| Insurance Agencies | 10 |
| Commercial Banks | 8 |
| Gas Stations | 7 |
| Liquor Stores | 4 |
| Auto Repair | 4 |
| Full Service Restaurants | 4 |
| Bars | 4 |
Sources: Census ACS 5-Year 2023; BLS QCEW 2023; Census ACS 5-Year 2023, B19013.
