Economy & Jobs — Balaton, Minnesota
Income & Employment
| Median Household Income (Census) | $54,688 |
|---|
| Estimated 2026 | ~$61,600 |
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| Per Capita Income | $32,702 |
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| Poverty Rate | 17.7% |
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| Unemployment Rate | 3.3% |
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| In Labor Force | 276 |
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Top Industries
| Industry | Share |
|---|
| Retail | 21.0% |
| Education Healthcare | 18.7% |
| Finance Insurance | 10.3% |
Local Businesses (County)
| Type | Count |
|---|
| Fast Food | 23 |
| Insurance Agencies | 21 |
| Full Service Restaurants | 19 |
| Child Day Care | 18 |
| Commercial Banks | 14 |
| Auto Repair | 13 |
| Dental Offices | 8 |
| Chiropractors | 8 |
| Hotels Motels | 8 |
| Liquor Stores | 7 |
| Gas Stations | 7 |
| Accounting Firms | 7 |
| Physician Offices | 7 |
| Grocery Stores | 6 |
| General Merchandise | 6 |
Sources: Census ACS 5-Year 2023; BLS QCEW 2023; Census ACS 5-Year 2023, B19013.
