Lake City, MN Employment - Median Household Income, Unemployment Rate

Lake City employment information

Index	Lake City	Minnesota	National
Income per capita	$28,418	$33,225	$29,829
Median household income	$51,287	$63,217	$55,322
Median income owner occupied	$56,875	$77,618	$70,586
Median income renter occupied	$29,013	$34,348	$35,192
Median earnings male	$37,779	$40,933	$36,919
Median earnings female	$23,180	$29,114	$26,250
Unemployment rate	2.2%	3.4%	4.7%
Poverty level	8.5%	10.8%	15.1%

The Lake City, MN employment information can be a key indicator when searching for a new job. A good indicator of the strength of the job market is the income per capita and the median household income. The income per capita in Lake City is $28,418, which is 14% lower than than the Minnesota average and 5% lower than than the national average. The median household income is $51,287, which is 19% lower than than the Minnesota average and 7% lower than than the national average. The unemployment rate in Lake City is 2%, which is 53% lower than than the national average. The poverty rate in Lake City is 9% which is 43% lower than than the national average.

am i middle class

$34,187$51,287$102,574

City

$42,140$63,217$126,434

State

$36,877$55,322$110,644

Nation

According to the PEW research center, the middle class is defined as a range from two thirds (2/3) of the median household income to a multiple of two (2) times the median household income. Displayed above are the city, state and national median household income averages. Simply enter your median household income to determine if your income falls into the middle class or if your household income is considered upper or lower class.

Did you know?

The income per capita in Lake City is 5% lower than the national average.
The median household income in Lake City is 7% lower than the national average.
Male median earnings are 41% higher than female median earnings.
The unemployment rate in Lake City is 53% lower than the national average.
The poverty level in Lake City is 43% lower than the national average.

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Compare Lake City, MN Employment To Other Cities

Employment status

Hours worked per week

Lake City median earnings by income bracket

Lake City employment by industry

Labour Type	Male	Female
Construction industry	8.1%	0.8%
Manufacturing sector	33.3%	7.3%
Financial & insurance services	1.0%	0.6%
Wholesale & retail services	10.5%	17.9%
Public administration	1.4%	2.6%
Transportation, warehousing & utilities	7.6%	2.6%
Education, health & social services	7.5%	30.7%
Other	28.7%	24.0%

Nearby cities with high median household income

City, State	Population	Household Income	National Avg.
Hager City, WI	258	$73,571	33%
Mazeppa, MN	862	$63,750	15%
Maiden Rock, WI	80	$60,625	10%
Bellechester, MN	228	$59,375	7%
Arkansaw, WI	309	$56,750	3%
Lake City, MN	5,111	$51,287	7%

Cities with similar population

City, State	Population	Household Income	National Avg.
Pinardville, NH	5,110	$59,440	7%
Cherokee, IA	5,113	$42,754	23%
Poolesville, MD	5,108	$150,000	171%
Bowie, TX	5,115	$38,003	31%
Cocoa West, FL	5,115	$23,289	58%
Lake City, MN	5,111	$51,287	7%

Source: The Lake City, MN employment data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS).