2040 Comprehensive Plan: Envision Shakopee

EMPLOYEES OUT-COMMUTERS EARN HIGH WAGES, WHILE OCCUPATIONS THAT SOURCE MOST OF THEIR WORKERS FROM OUTSIDE SHAKOPEE GENERALLY PAY LESS. FIGURE 2.4 - E NINGSWITHIN&OUTSIDE SHAKOPEE

JOB TYPES AND WAGES Generally speaking, those who commute out of the city for work earn higher wages, while those who commute into Shakopee for work generally earn less. The occupations that employ the most in- commuters such as construction, transportation and lower-skill life and physical sciences earn on average $21,000 less than the most common out-commuting occupations like management, technology and healthcare. While many jobs outside Shakopee require a diverse set of qualifications, in-commuters do not require a high level of education for their jobs. Occupations that attract a higher proportion of in- commuters, including those in construction trades, the gaming industry and industrial manufacturing, do not necessarily require a high school diploma for employment. In contrast, out-commuters find opportunities outside Shakopee that match a range of educational requirements, from a high-school diploma to graduate education. The diversity of job opportunities that are not met locally is one reason why residents are less likely to work in Shakopee.

Average Hourly Earnings

$120,000

Top Out-Commuting Occupations

Top In-Commuting Occupations

$100,000

$80,000

3

$60,000

$40,000

Economic

Competitiveness

$20,000

$0

Business and Financial

Tech Management Healthcare Practitioners

Construction Transport

Life and Physical Science

EMPLOYEES WHILE JOBS OUTSIDE SHAKOPEE REQUIRE A DIVERSE SET OF QUALIFICATIONS, IN-COMMUTERS DO NOT REQUIRE A HIGH LEVEL OF EDUCATION, AND MAY BE LESS ABLE TO AFFORD THE AREA. Number of occupations where more than 50% of the occupation is commuting in or out of Shakopee FIGURE 2.5 - EDUCATION LEVEL OF COMMUTERS

36

1

1

1

6

11

31

48

High School or Less

Associate's degree

Bachelor's degree Graduate or Professional Degree

High In-Commuting Occupations

High Out-Commuting Occupations

ENVISION SHAKOPEE |SECTION II: ECONOMIC ENVIRONMENT

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