Ersys Logo Ersys Name
Lyon County – Occupation Affiliation

Picture of a Fireman The array of different occupations within a county significantly impacts its economy in various ways. Here are some key aspects:

  1. Economic Diversification
    • Stability: A diverse range of occupations helps stabilize the economy. If one sector faces a downturn, others can compensate, reducing the risk of economic collapse.
    • Resilience: Counties with a varied occupational base are better equipped to handle economic shocks, such as technological changes or global market fluctuations.

  2. Innovation and Growth
    • Cross-Pollination of Ideas: Different professions bring diverse perspectives, fostering innovation. For example, tech professionals collaborating with healthcare workers can lead to advancements in medical technology.
    • Entrepreneurship: A mix of skills and expertise can encourage entrepreneurial activities, leading to the creation of new businesses and industries.

  3. Employment Opportunities
    • Job Creation: A variety of occupations means more job opportunities for residents, reducing unemployment rates and increasing overall economic activity.
    • Skill Development: Diverse occupations require a range of skills, promoting continuous learning and skill development among the workforce.

  4. Income Levels and Spending
    • Varied Income Streams: Different occupations come with varying income levels, which can lead to a more balanced distribution of wealth.
    • Consumer Spending: Higher and more stable incomes result in increased consumer spending, boosting local businesses and services.

  5. Tax Revenue
    • Diverse Tax Base: A wide range of occupations contributes to a more robust and stable tax base, providing the county with funds for public services and infrastructure.
    • Economic Policies: Varied occupational income levels allow for more nuanced and effective economic policies, such as progressive taxation.

  6. Quality of Life
    • Service Availability: A diverse occupational base ensures the availability of essential services, from healthcare to education, enhancing the overall quality of life.
    • Cultural Vibrancy: Different professions contribute to a rich cultural tapestry, making the county more attractive to residents and tourists alike.

  7. Infrastructure Development
    • Demand for Infrastructure: Various occupations necessitate different types of infrastructure, from tech hubs to industrial zones, driving comprehensive urban development.
    • Public Services: A diverse economy can better support public services like transportation, utilities, and emergency services, improving the county's overall functionality.

  8. Global Competitiveness
    • Attracting Talent: Counties with a wide array of occupations attract a diverse talent pool, enhancing their competitiveness on a global scale.
    • Investment Appeal: A diversified economy is more appealing to investors, as it suggests lower risk and higher potential for returns.

  9. Social Dynamics
    • Community Engagement: Different professions can lead to a more engaged and active community, with various groups contributing to civic life.
    • Social Mobility: A range of occupations provides more pathways for social mobility, allowing individuals to improve their socioeconomic status.

  10. Environmental Impact
    • Sustainable Practices: Diverse occupations can include green jobs and sustainable practices, contributing to environmental sustainability.
    • Resource Management: Varied industries can lead to more efficient resource management and reduced environmental degradation.

In summary, the array of different occupations in a county fosters economic stability, innovation, and growth, while also enhancing the quality of life and global competitiveness. This diversity is crucial for the sustainable development and resilience of urban economies.

A diversification score measures the diversity of the occupations in the county. As the value appoaches 100, occupation diversity decreases and therefore increasing the risk of economic failure for the county should those limited occupations befall a calamity. The occupation diversification score for this county is:

13.07

Most common occupation is:

Professional / Specialty

 
DescriptionEm­ployed
16 and
Over
Management/ Business/ Financial Professional/ Specialty/ **See below Healthcare Support Protective Services Food Preparation and Serving Building& Grounds Cleaning& Maintenance Personal
Care and
Services
Sales& Related Occupations Office and Administrative Support Farming/ Fishing/ Forestry Construction/ Extraction Production/ Transportation/ Material Moving

Lyon County13,2322,2382,7276851365355233901,0411,6091851,0632,100
Minnesota (in 000's)3,14357780811442146937828732319228428
National (in 000's)169,61028,67141,1775,5313,6758,8375,8674,34316,28618,4061,01213,67422,131
Redwood County7,5321,2101,3783271342512832196117452739471,154
Yellow Medicine County4,83774687824353227140162409532172536739
Pipestone County4,7287799091574932215766282456143593815
Murray County4,039770698247281629767305349135410771
Lincoln County2,85958052114435108956623634462278390
 
Per Cent to Total Employed 16 and OverDiversity
Index
 

Lyon County13.0716.9120.615.181.034.043.952.957.8712.161.408.0315.87
Minnesota14.7718.3725.713.631.334.662.952.479.1310.270.627.2413.62
National13.8216.9024.283.262.175.213.462.569.6010.850.608.0613.05
Redwood County12.1816.0618.304.341.783.333.762.918.119.893.6212.5715.32
Yellow Medicine County11.9715.4218.155.021.104.692.893.358.4611.003.5611.0815.28
Pipestone County13.0516.4819.233.321.046.813.321.405.969.643.0212.5417.24
Murray County13.3519.0617.286.120.694.012.401.667.558.643.3410.1519.09
Lincoln County12.9920.2918.225.041.223.783.322.318.2512.032.179.7213.64
 
Comparisons to State Norms % to Total >= 150% % to Total < 50% 

Lyon County 92.0780.15142.4377.0686.79133.89119.3486.22118.46225.93110.94116.55
Minnesota 100.00100.00100.00100.00100.00100.00100.00100.00100.00100.00100.00100.00
National 92.0294.4289.72162.44111.83117.19103.68105.22105.7196.39111.3495.82
Redwood County 87.4571.15119.44133.3871.53127.28117.7388.9096.36585.71173.63112.51
Yellow Medicine County 83.9670.59138.2282.15100.7398.05135.6192.66107.14574.63153.03112.19
Pipestone County 89.6974.7791.3677.70146.19112.4956.5265.3693.95488.76173.20126.59
Murray County 103.7867.21168.2551.9786.0981.3567.1682.7584.17540.12140.18140.18
Lincoln County 110.4470.87138.5791.7881.08112.5693.4790.46117.21350.44134.28100.17
 
Comparisons to National Norms % to Total >= 150% % to Total < 50% 

Lyon County 100.0584.89158.7547.4477.61114.26115.1081.94112.05234.4099.64121.63
Minnesota 108.67105.91111.4661.5689.4285.3396.4595.0494.59103.7589.82104.36
National 100.00100.00100.00100.00100.00100.00100.00100.00100.00100.00100.00100.00
Redwood County 95.0375.36133.1482.1163.96108.61113.5584.4891.15607.66155.95117.42
Yellow Medicine County 91.2474.77154.0650.5790.0883.67130.7988.06101.35596.15137.45117.09
Pipestone County 97.4779.19101.8347.83130.7295.9954.5162.1288.88507.06155.57132.11
Murray County 112.7871.18187.5331.9976.9869.4264.7878.6579.62560.36125.91146.29
Lincoln County 120.0175.06154.4656.5072.5196.0590.1585.97110.88363.57120.61104.54


Notes: Professional/Specialty includes these occupations: Computer, Mathematical, Architure, Engineering, Life Science, Physical Science, Social Science, Education, Legal, Community Service, Arts, Media, Healthcare Practioners, Health Technologists

Sources: STI: PopStats