Minot: Basic Details

The labor pool participation rate in Minot is 71.5%, with an unemployment rate of 1.9%. For those of you when you look at the labor force, the average commute time is 24.7 minutes. 6.9% of Minot’s population have a grad diploma, and 15.4% have a bachelors degree. Among those without a college degree, 37% attended some college, 36% have a high school diploma, and only 4.8% have received an education lower than high school. 2.5% are not covered by health insurance.

The typical household size in Minot, ME is 3.03 household members, with 92.4% owning their own residences. The mean home valuation is $198485. For those people leasing, they pay out on average $893 monthly. 64.8% of families have two sources of income, and the average domestic income of $79107. Median individual income is $36032. 6.6% of residents are living at or beneath the poverty line, and 13.1% are considered disabled. 13.3% of residents of the town are veterans regarding the military.

Rock Fountain

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