Market Population Trends

Employment Type

Age Grouping

Ethnicity Mix 2018

Fertility Rate

100 estimated births

Household Characteristics

Median Age over Time

Households with Children by Age

Median Household Income

Educational Attainment

Unemployment Rate

Type of Housing

Housing Values

Median mortgage payment for 2018: $1,812

Average Rent as Percentage of Gross Income

Median rent for 2018: $958

Average Commute

Primary Transportation

Gender Mix

Field of Employment

Estimated Consumer Expenditures

Category
Estimated Annual Spend (in 000's)
Food $25,006
--Home Prepared Food $14,091
--Restaurant/Takeaway Food $10,915
Alcoholic Beverages $1,836
Housing $63,383
--Rent/Mortgage/Upkeep/Taxes $37,062
--Utilities $12,776
--Operations $4,813
--Supplies $2,357
--Furnishings $6,400
Apparel $5,879
--Men & Boys $1,315
--Women & Girls $2,382
--Children < 2 $25
--Footwear $1,240
Transportation $30,786
--New Vehicles $5,755
--Used Vehicles $6,574
--Fuel $6,648
--Insurance $3,076
--Public Transit $2,580
Healthcare $15,678
Entertainment $10,171
--Pets $2,084
--Toys $496
Personal Care Products $2,431
Books & Literature $347
Education $4,441
Tobacco Products $1,092
Miscellaneous $3,126
Retirement $5,954
Non-health Insurance $23,021
Total Expenditures $193,151

Selected Population Data

Period Geography Population
2014 Albertville city, Minnesota 7,159
2015 Albertville city, Minnesota 7,226
2016 Albertville city, Minnesota 7,286
2017 Albertville city, Minnesota 7,303
2018 Albertville city, Minnesota 7,377