Lake Henry employment information

IndexLake HenryMinnesotaNational
Income per capita$25,676$33,225$29,829
Median household income$47,500$63,217$55,322
Median income owner occupied$47,500$77,618$70,586
Median income renter occupied$0$34,348$35,192
Median earnings male$40,781$40,933$36,919
Median earnings female$25,833$29,114$26,250
Unemployment rate0.0%3.4%4.7%
Poverty level2.8%10.8%15.1%
The Lake Henry, 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 Henry is $25,676, which is 23% lower than than the Minnesota average and 14% lower than than the national average. The median household income is $47,500, which is 25% lower than than the Minnesota average and 14% lower than than the national average. The unemployment rate in Lake Henry is 0%, which is 100% lower than than the national average. The poverty rate in Lake Henry is 3% which is 81% lower than than the national average.

am i middle class

$Input your household income
$31,663$47,500$95,000
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 Henry is 14% lower than the national average.
  • The median household income in Lake Henry is 14% lower than the national average.
  • Male median earnings are 41% higher than female median earnings.
  • The unemployment rate in Lake Henry is 100% lower than the national average.
  • The poverty level in Lake Henry is 81% lower than the national average.

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Compare Lake Henry, MN Employment To Other Cities

Employment status

Hours worked per week

Lake Henry median earnings by income bracket

Lake Henry employment by industry

Labour TypeMaleFemale
Construction industry29.6%0.0%
Manufacturing sector40.7%0.0%
Financial & insurance services0.0%17.6%
Wholesale & retail services11.1%5.9%
Public administration0.0%0.0%
Transportation, warehousing & utilities11.1%0.0%
Education, health & social services0.0%11.8%
Other7.4%35.3%

Nearby cities with high median household income

City, StatePopulationHousehold IncomeNational Avg.
Regal, MN50$66,25020%
Freeport, MN751$64,00016%
Roscoe, MN104$63,12514%
St. Martin, MN342$62,65613%
Richmond, MN1,596$54,1672%
Lake Henry, MN71$47,50014%

Cities with similar population

City, StatePopulationHousehold IncomeNational Avg.
Oak Hill, KS71$2,49995%
Swink, OK71$21,25062%
Matlock, IA71$63,75015%
Iago, TX71$55,9721%
Couderay, WI71$45,31318%
Lake Henry, MN71$47,50014%
Source: The Lake Henry, MN employment data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS).