A+
67%
Income/capita NAT. AVG.
55%
Household income NAT. AVG.
62%
Unemployment NAT. AVG.
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IndexThe LakesMinnesotaNational
Income per capita$49,922$33,225$29,829
Median household income$86,000$63,217$55,322
Median income owner occupied$87,500$77,618$70,586
Median income renter occupied$85,625$34,348$35,192
Median earnings male$53,438$40,933$36,919
Median earnings female$21,333$29,114$26,250
Unemployment rate1.8%3.4%4.7%
Poverty level2.0%10.8%15.1%
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Key findings

  • The income per capita in The Lakes is 67% higher than the national average
  • The median household income in The Lakes is 55% higher than the national average
  • Male median earnings are 41% higher than female median earnings
  • The unemployment rate in The Lakes is 62% lower than the national average
  • The poverty level in The Lakes is 87% lower than the national average

Best Places for Employment in and Around The Lakes

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Compare The Lakes, MN Employment

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      am i middle class

      $
      Input your household income
      $57,327 $86,000 $172,000
      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.

      The Lakes median earnings by income bracket

      The Lakes employment by industry

      Labour TypeMaleFemale
      Construction industry9.0%9.0%
      Manufacturing sector8.3%8.3%
      Financial & insurance services3.5%3.5%
      Wholesale & retail services17.4%17.4%
      Public administration2.1%2.1%
      Transportation, warehousing & utilities5.6%5.6%
      Education, health & social services7.6%7.6%
      Other46.5%46.5%

      Nearby cities with high median household income

      City Population Household Income National Avg.
      Chandler, MN312$63,28114.4%
      Dovray, MN41$58,7506.2%
      Avoca, MN115$58,3335.4%
      Tracy, MN2,180$54,8440.9%
      Walnut Grove, MN719$54,4851.5%
      The Lakes, MN661$86,00055.5%

      Cities with similar population

      City Population Household Income National Avg.
      Paxton, FL661$36,07134.8%
      Troy, IN661$42,19423.7%
      Clinton, MT661$72,12530.4%
      Virginia City, NV661$111,315101.2%
      Delaware Water Gap, PA661$73,43832.7%
      The Lakes, MN661$86,00055.5%
      Source: The The Lakes, MN employment data displayed above is derived from the United States Census Bureau American Community Survey (ACS).