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

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D+

3%

Income/capita NAT. AVG.

16%

Household income NAT. AVG.

46%

Unemployment NAT. AVG.

Index	Lake Benton	Minnesota	National
Income per capita	$28,849	$33,225	$29,829
Median household income	$46,538	$63,217	$55,322
Median income owner occupied	$60,500	$77,618	$70,586
Median income renter occupied	$20,000	$34,348	$35,192
Median earnings male	$39,792	$40,933	$36,919
Median earnings female	$25,357	$29,114	$26,250
Unemployment rate	2.5%	3.4%	4.7%
Poverty level	11.9%	10.8%	15.1%

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Key findings

The income per capita in Lake Benton is 3% lower than the national average
The median household income in Lake Benton is 16% lower than the national average
Male median earnings are 41% higher than female median earnings
The unemployment rate in Lake Benton is 46% lower than the national average
The poverty level in Lake Benton is 21% lower than the national average

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am i middle class

$31,022 $46,538 $93,076

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.

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Lake Benton median earnings by income bracket

Lake Benton employment by industry

Labour Type	Male	Female
Construction industry	14.8%	14.8%
Manufacturing sector	20.0%	20.0%
Financial & insurance services	1.9%	1.9%
Wholesale & retail services	14.8%	14.8%
Public administration	2.6%	2.6%
Transportation, warehousing & utilities	13.5%	13.5%
Education, health & social services	11.0%	11.0%
Other	21.3%	21.3%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
Elkton, SD	813	$62,727	13.4%
Arco, MN	71	$53,558	3.2%
Holland, MN	180	$48,750	11.9%
Ivanhoe, MN	617	$47,917	13.4%
Flandreau, SD	2,425	$47,350	14.4%
Lake Benton, MN	638	$46,538	15.9%

Cities with similar population

City	Population	Household Income	National Avg.
Mountain Park city, GA	638	$74,375	34.4%
Elgin, IA	638	$49,659	10.2%
Oretta, LA	638	$0	100.0%
Alton, MO	638	$24,688	55.4%
Warner, NH	638	$35,921	35.1%
Lake Benton, MN	638	$46,538	15.9%

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