Economy & Jobs — Alvarado, Minnesota

Income & Employment

Median Household Income (Census)$66,964
Estimated 2026~$79,800
Per Capita Income$32,223
Poverty Rate12.3%
Unemployment Rate7.1%
In Labor Force173

Top Industries

IndustryShare
Education Healthcare30.1%
Construction11.9%
Arts Food11.2%

Local Businesses (County)

TypeCount
Insurance Agencies18
Full Service Restaurants11
Commercial Banks8
Grocery Stores7
Bars7
Gas Stations5
Auto Repair4
Sources: Census ACS 5-Year 2023; BLS QCEW 2023; Census ACS 5-Year 2023, B19013.