Economy & Jobs — St. Michael, Minnesota

Income & Employment

Median Household Income (Census)$131,274
Estimated 2026~$149,100
Per Capita Income$51,936
Poverty Rate3.2%
Unemployment Rate2.9%
In Labor Force11,422

Top Industries

IndustryShare
Education Healthcare26.1%
Manufacturing13.1%
Professional9.7%

Local Businesses (County)

TypeCount
Real Estate Offices87
Fast Food78
Full Service Restaurants77
Insurance Agencies67
Gas Stations46
Chiropractors46
Dental Offices40
Auto Repair39
Beauty Salons34
Commercial Banks30
Law Offices28
Child Day Care28
Fitness Centers18
Coffee Shops18
Liquor Stores17
Sources: Census ACS 5-Year 2023; BLS QCEW 2023; Census ACS 5-Year 2023, B19013.