Economy & Jobs — Newfolden, Minnesota

Income & Employment

Median Household Income (Census)$64,583
Estimated 2026~$78,600
Per Capita Income$29,203
Poverty Rate12.1%
Unemployment Rate2.5%
In Labor Force255

Top Industries

IndustryShare
Manufacturing24.5%
Wholesale23.7%
Education Healthcare18.3%

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.