Economy & Jobs — Owatonna, Minnesota
Income & Employment
| Median Household Income (Census) | $80,750 |
|---|
| Estimated 2026 | ~$92,600 |
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| Per Capita Income | $41,718 |
|---|
| Poverty Rate | 9.2% |
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| Unemployment Rate | 3.6% |
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| In Labor Force | 13,566 |
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Top Industries
| Industry | Share |
|---|
| Manufacturing | 22.2% |
| Education Healthcare | 20.0% |
| Retail | 13.4% |
Local Businesses (County)
| Type | Count |
|---|
| Insurance Agencies | 25 |
| Full Service Restaurants | 24 |
| Fast Food | 23 |
| Auto Repair | 21 |
| Dental Offices | 18 |
| Gas Stations | 14 |
| Commercial Banks | 14 |
| Real Estate Offices | 9 |
| Chiropractors | 9 |
| Hotels Motels | 9 |
| Beauty Salons | 8 |
| Grocery Stores | 7 |
| General Merchandise | 6 |
| Law Offices | 6 |
| Accounting Firms | 6 |
Sources: Census ACS 5-Year 2023; BLS QCEW 2023; Census ACS 5-Year 2023, B19013.
