Economy & Jobs — Savage, Minnesota
Income & Employment
| Median Household Income (Census) | $125,513 |
|---|
| Estimated 2026 | ~$139,800 |
|---|
| Per Capita Income | $54,536 |
|---|
| Poverty Rate | 5.8% |
|---|
| Unemployment Rate | 5.3% |
|---|
| In Labor Force | 19,709 |
|---|
Top Industries
| Industry | Share |
|---|
| Education Healthcare | 23.0% |
| Manufacturing | 14.1% |
| Retail | 11.5% |
Local Businesses (County)
| Type | Count |
|---|
| Real Estate Offices | 120 |
| Fast Food | 91 |
| Full Service Restaurants | 79 |
| Insurance Agencies | 60 |
| Dental Offices | 48 |
| Auto Repair | 47 |
| Child Day Care | 42 |
| Beauty Salons | 37 |
| Chiropractors | 37 |
| Gas Stations | 33 |
| Commercial Banks | 28 |
| Pet Grooming | 25 |
| Grocery Stores | 22 |
| Coffee Shops | 21 |
| Physician Offices | 20 |
Sources: Census ACS 5-Year 2023; BLS QCEW 2023; Census ACS 5-Year 2023, B19013.
