With data compiled from reliable public sources and government organizations like the Bureau of Labor Statistics and the U.S. Census Bureau, Joblift provides you with essential insights to help you in your job search in Farmington, MN.
Farmington presents itself as a city with diverse industries, offering opportunities in sectors such as manufacturing, health care, retail, finance, and education. With these thriving sectors, the city maintains a steady economy and provides various job prospects for jobseekers. As a result, Farmington continues to grow, attracting individuals with different skill sets and expertise to ensure a promising future for its residents.
In the city, employment opportunities are abundant for those seeking a stable career. With an average salary of $68,006, earnings in this area are only slightly below the national average by 1.76%. A noteworthy aspect is that 73% of individuals residing here have their insurance provided by their employer. This factor contributes to the overall quality of life and security for employees in the city. Although the cost of living is approximately 6.0% higher than average, residents enjoy various amenities and benefits that justify the expense. Additionally, the average commute time is around 30 minutes, allowing employees to maintain a healthy work-life balance. Overall, the city offers a supportive environment for jobseekers to establish rewarding careers.
The local economy in Farmington, MN currently experiences an unemployment rate of 4.10%, which is above the national average of 3.8%. Despite this higher than average unemployment, the city's future job market growth is anticipated to be vigorous. As a result, Farmington may offer numerous employment opportunities for jobseekers in the coming years, strengthening its economic landscape and providing a solid foundation for career development.
Searching for jobs in Farmington has never been easier with Joblift. Let our advanced search and Job Coach tool guide you to the perfect match for your skills and experience in this thriving city.