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Economy

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Economy
The City of Cottage Grove values our businesses and values the importance of our businesses to our economic propserity.  Below are the key indicators for the City of Cottage Grove.  From employment, labor force, unemployment rate to income all the statistics point to a propserous and growing community.

Employment
Civilian Labor Force: 19,382
The City of Cottage Grove has a number of large public and private employers in the community.  These businesses provide excellent wages and continue to be very successful, which is why the employment in Cottage Grove continues to grow.
Employment (Historical)
Sources: Minnesota Department of Employment and Economic Development, Labor Market Information, LAUS Data

Income
Median household income: $85,516
Income is defined by the US Census Bureau "the income recieved on a regular basis (exclusive of certain money receipts such as capital gains and lump-sum payments) before payments of personal income taxes, social security, union dues, medicare deducation, etc."  Below is a map that highlights the distribution of wealth as it relates to the City of Cottage.


Household Income

Sources: US Census 2012-2016 ACS