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

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C-

9%

Income/capita NAT. AVG.

16%

Household income NAT. AVG.

86%

Unemployment NAT. AVG.

Index	Lake Park	Minnesota	National
Income per capita	$27,240	$33,225	$29,829
Median household income	$46,500	$63,217	$55,322
Median income owner occupied	$60,625	$77,618	$70,586
Median income renter occupied	$31,250	$34,348	$35,192
Median earnings male	$45,000	$40,933	$36,919
Median earnings female	$25,385	$29,114	$26,250
Unemployment rate	0.7%	3.4%	4.7%
Poverty level	16.5%	10.8%	15.1%

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Key findings

The income per capita in Lake Park is 9% lower than the national average
The median household income in Lake Park is 16% lower than the national average
Male median earnings are 41% higher than female median earnings
The unemployment rate in Lake Park is 86% lower than the national average
The poverty level in Lake Park is 9% higher than the national average

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am i middle class

$30,996 $46,500 $93,000

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.

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Lake Park median earnings by income bracket

Lake Park employment by industry

Labour Type	Male	Female
Construction industry	16.1%	16.1%
Manufacturing sector	31.6%	31.6%
Financial & insurance services	1.1%	1.1%
Wholesale & retail services	8.6%	8.6%
Public administration	5.7%	5.7%
Transportation, warehousing & utilities	7.5%	7.5%
Education, health & social services	5.7%	5.7%
Other	23.6%	23.6%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
Hawley, MN	2,075	$78,292	41.5%
Audubon, MN	557	$54,219	2.0%
Detroit Lakes, MN	9,229	$51,185	7.5%
Callaway, MN	215	$47,500	14.1%
Hitterdal, MN	317	$46,875	15.3%
Lake Park, MN	631	$46,500	15.9%

Cities with similar population

City	Population	Household Income	National Avg.
Dearing, GA	631	$45,909	17.0%
Goldfield, IA	631	$50,417	8.9%
Britton, MI	631	$64,375	16.4%
Glenville, MN	631	$44,750	19.1%
Corder, MO	631	$60,625	9.6%
Lake Park, MN	631	$46,500	15.9%

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