Racine, Minnesota Unemployment

Racine, Minnesota has a population of 450, with a median household income of $68,400.

Current unemployment data for Racine.

2.80%

👥

Population

450

💰

Median Income

$68,400

📉

Unemployment

2.80%

🏠

Housing Price

$185,000

🚨

Crime Rate

3.10

🌐

Internet Speed

200.00 Mbps

Racine is a small local community located in Minnesota. The city has a population that is below the average city population in Minnesota, contributing to its local economic activity, housing demand, and infrastructure development. Population size can significantly influence transportation systems, commercial growth, educational services, and employment opportunities within the region.

Racine is a notable city in Minnesota, offering a mix of population dynamics, economic indicators, and housing trends.

Population Overview

Racine has a population of 450, which is below the state average. This suggests a smaller and more localized community environment.

Income and Economy

The median household income in Racine is $68,400, which is above the state average. This reflects stronger earning potential and economic stability.

Housing Market

The average housing price in Racine is about $185,000, making it relatively affordable compared to many cities in Minnesota.

Employment and Safety

The unemployment rate in Racine is 2.80%, which is lower than the state average, indicating a relatively strong job market. Racine has a lower crime rate than the state average, contributing to a relatively safer living environment.

City Comparison

Compared to other cities in Minnesota, Racine shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.

Racine continues to play a role in shaping regional trends in Minnesota, particularly in terms of economic and demographic factors.

Frequently Asked Questions about Racine

What is the population of Racine?

The population of Racine is approximately 450.

Is Racine a good place to live?

Racine offers a mix of economic conditions, housing affordability, and population size, making it suitable for different types of residents.

What is the average income in Racine?

The median household income in Racine is around $68,400.

How expensive is housing in Racine?

The average housing price in Racine is approximately $185,000.