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

Lake Shore employment information

Index	Lake Shore	Minnesota	National
Income per capita	$40,299	$33,225	$29,829
Median household income	$70,469	$63,217	$55,322
Median income owner occupied	$70,333	$77,618	$70,586
Median income renter occupied	$70,694	$34,348	$35,192
Median earnings male	$50,441	$40,933	$36,919
Median earnings female	$29,896	$29,114	$26,250
Unemployment rate	2.9%	3.4%	4.7%
Poverty level	3.9%	10.8%	15.1%

The Lake Shore, 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 Shore is $40,299, which is 21% higher than than the Minnesota average and 35% higher than than the national average. The median household income is $70,469, which is 11% higher than than the Minnesota average and 27% higher than than the national average. The unemployment rate in Lake Shore is 3%, which is 38% lower than than the national average. The poverty rate in Lake Shore is 4% which is 74% lower than than the national average.

am i middle class

$46,974$70,469$140,938

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 Shore is 35% higher than the national average.
The median household income in Lake Shore is 27% higher than the national average.
Male median earnings are 41% higher than female median earnings.
The unemployment rate in Lake Shore is 38% lower than the national average.
The poverty level in Lake Shore is 74% lower than the national average.

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Compare Lake Shore, MN Employment To Other Cities

Employment status

Hours worked per week

Lake Shore median earnings by income bracket

Lake Shore employment by industry

Labour Type	Male	Female
Construction industry	19.7%	1.4%
Manufacturing sector	8.4%	9.0%
Financial & insurance services	0.0%	2.9%
Wholesale & retail services	11.6%	14.3%
Public administration	9.2%	0.0%
Transportation, warehousing & utilities	3.2%	1.4%
Education, health & social services	16.1%	43.8%
Other	30.1%	28.6%

Nearby cities with high median household income

City, State	Population	Household Income	National Avg.
East Gull Lake, MN	1,012	$80,781	46%
Nisswa, MN	2,135	$64,453	17%
Breezy Point, MN	2,298	$63,098	14%
Baxter, MN	7,858	$61,085	10%
Crosslake, MN	1,835	$59,605	8%
Lake Shore, MN	960	$70,469	27%

Cities with similar population

City, State	Population	Household Income	National Avg.
New Bedford, PA	960	$52,361	5%
Dauphin, PA	960	$73,672	33%
St. Joseph, LA	961	$16,515	70%
Keuka Park, NY	959	$0	100%
Grant, AL	961	$52,917	4%
Lake Shore, MN	960	$70,469	27%

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