The Market Watch report uses select measures of economic activity and demographics to give a brief synopsis of economic health in Saint Paul. For 2017, these figures show a robust and stable local economy, a healthy real estate market, and a population that is diversifying and growing.
A few highlights from each section of the report are below. The up or down arrows are shaded red or green, depnding on whether the trend is a generally positive indicator, or a generally negative indicator for the health and well-being of the city.
Building and Development | ||
---|---|---|
Statistic | Value | Trend |
Total value of permits | $436.7 million | |
Number of major construction project permits | 145 | |
Value of permits for single-family homes | $56.6 million |
Trends above compare 2016 to 2015 data.
Real Estate Market | ||
---|---|---|
Statistic | Value | Trend |
Total number of foreclosures, vacant buildings, and demolitions
|
1363 |
Trend above compares 2016 to 2015 data.
Employment, and Wages | ||
---|---|---|
Statistic | Value | Trend |
Annual average unemployment | 3.6% | |
Jobs in Saint Paul | 180,965 | |
Average weekly wages | $1,125 |
Trends above compare 2016 to 2015 data.
Demographics | ||
---|---|---|
Statistic | Value | Trend |
Percent of families living below 50% of the poverty level | 9.1% | |
Population | 304,442 | |
Residents with a bachelors degree or higher | 71,944 |
Trend above for population compares 2016 estimate to 2015 estimate.
Other trends compare 2013 to 2012 data.