Pequot Lakes, MN Employment - Median Household Income, Unemployment Rate

Pequot Lakes employment information

Index	Pequot Lakes	Minnesota	National
Income per capita	$21,283	$33,225	$29,829
Median household income	$39,241	$63,217	$55,322
Median income owner occupied	$57,688	$77,618	$70,586
Median income renter occupied	$27,000	$34,348	$35,192
Median earnings male	$25,000	$40,933	$36,919
Median earnings female	$17,500	$29,114	$26,250
Unemployment rate	2.4%	3.4%	4.7%
Poverty level	14.8%	10.8%	15.1%

The Pequot Lakes, 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 Pequot Lakes is $21,283, which is 36% lower than than the Minnesota average and 29% lower than than the national average. The median household income is $39,241, which is 38% lower than than the Minnesota average and 29% lower than than the national average. The unemployment rate in Pequot Lakes is 2%, which is 49% lower than than the national average. The poverty rate in Pequot Lakes is 15% which is 2% lower than than the national average.

am i middle class

$26,158$39,241$78,482

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 Pequot Lakes is 29% lower than the national average.
The median household income in Pequot Lakes is 29% lower than the national average.
Male median earnings are 41% higher than female median earnings.
The unemployment rate in Pequot Lakes is 49% lower than the national average.
The poverty level in Pequot Lakes is 2% lower than the national average.

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Compare Pequot Lakes, MN Employment To Other Cities

Employment status

Hours worked per week

Pequot Lakes median earnings by income bracket

Pequot Lakes employment by industry

Labour Type	Male	Female
Construction industry	13.3%	4.3%
Manufacturing sector	16.6%	6.3%
Financial & insurance services	2.1%	3.6%
Wholesale & retail services	13.5%	21.6%
Public administration	0.9%	1.9%
Transportation, warehousing & utilities	1.4%	0.0%
Education, health & social services	6.1%	26.6%
Other	42.5%	36.0%

Nearby cities with high median household income

City, State	Population	Household Income	National Avg.
East Gull Lake, MN	1,012	$80,781	46%
Lake Shore, MN	960	$70,469	27%
Nisswa, MN	2,135	$64,453	17%
Breezy Point, MN	2,298	$63,098	14%
Crosslake, MN	1,835	$59,605	8%
Pequot Lakes, MN	2,501	$39,241	29%

Cities with similar population

City, State	Population	Household Income	National Avg.
Pine Ridge, PA	2,501	$55,313	0%
Red Hill, PA	2,500	$54,231	2%
Casselton, ND	2,500	$66,223	20%
Princeton Junction, NJ	2,503	$169,107	206%
Good Hope, AL	2,499	$49,649	10%
Pequot Lakes, MN	2,501	$39,241	29%

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