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Scandia, MN: Yearn For Money?

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The labor pool participation rate in Scandia is 59.7%, with an unemployment rate of 1.2%. For anyone in the labor force, the typical commute time is 39.6 minutes. 8.6% of Scandia’s population have a masters degree, and 24.6% have earned a bachelors degree. For all without a college degree, 39.3% have some college, 24.9% have a high school diploma, and only 2.6% have received an education significantly less than senior high school. 1.6% are not covered by health insurance.

The typical family unit size in Scandia, MN is 3.09 family members, with 90.1% being the owner of their particular houses. The average home valuation is $391923. For those people leasing, they pay an average of $1064 monthly. 46.7% of families have 2 incomes, and a median domestic income of $97167. Average individual income is $44825. 1.7% of town residents survive at or beneath the poverty line, and 9.6% are disabled. 13.7% of residents are ex-members of the military.