Economy & Jobs — Tower, Minnesota

Income & Employment

Median Household Income (Census)$65,893
Estimated 2026~$68,500
Per Capita Income$31,929
Poverty Rate9.8%
Unemployment Rate5.9%
In Labor Force204

Top Industries

IndustryShare
Education Healthcare23.4%
Arts Food14.4%
Other Services14.4%

Local Businesses (County)

TypeCount
Full Service Restaurants162
Fast Food138
Gas Stations99
Insurance Agencies91
Hotels Motels74
Bars70
Physician Offices68
Dental Offices66
Real Estate Offices64
Commercial Banks64
Law Offices56
Auto Repair55
Beauty Salons54
Child Day Care43
Liquor Stores37
Sources: Census ACS 5-Year 2023; BLS QCEW 2023; Census ACS 5-Year 2023, B19013.