Lakefield, MN Employment - Median Household Income, Unemployment Rate

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C+

11%

Income/capita NAT. AVG.

3%

Household income NAT. AVG.

66%

Unemployment NAT. AVG.

Index	Lakefield	Minnesota	National
Income per capita	$26,444	$33,225	$29,829
Median household income	$53,914	$63,217	$55,322
Median income owner occupied	$56,490	$77,618	$70,586
Median income renter occupied	$41,667	$34,348	$35,192
Median earnings male	$38,988	$40,933	$36,919
Median earnings female	$25,313	$29,114	$26,250
Unemployment rate	1.6%	3.4%	4.7%
Poverty level	4.9%	10.8%	15.1%

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Key findings

The income per capita in Lakefield is 11% lower than the national average
The median household income in Lakefield is 3% lower than the national average
Male median earnings are 41% higher than female median earnings
The unemployment rate in Lakefield is 66% lower than the national average
The poverty level in Lakefield is 68% lower than the national average

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am i middle class

$35,939 $53,914 $107,828

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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Lakefield median earnings by income bracket

Lakefield employment by industry

Labour Type	Male	Female
Construction industry	17.3%	17.3%
Manufacturing sector	27.3%	27.3%
Financial & insurance services	0.5%	0.5%
Wholesale & retail services	14.6%	14.6%
Public administration	2.7%	2.7%
Transportation, warehousing & utilities	7.1%	7.1%
Education, health & social services	3.6%	3.6%
Other	24.6%	24.6%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
Alpha, MN	162	$97,083	75.5%
Fish Lake, MN	55	$76,875	39.0%
Okabena, MN	208	$73,281	32.5%
Heron Lake, MN	701	$69,375	25.4%
Jackson, MN	3,208	$63,125	14.1%
Lakefield, MN	1,683	$53,914	2.5%

Cities with similar population

City	Population	Household Income	National Avg.
Cedar Bluff, AL	1,683	$31,382	43.3%
Mount Pulaski, IL	1,683	$60,674	9.7%
Oswego, KS	1,683	$42,237	23.7%
Houghton, NY	1,683	$69,688	26.0%
Rouse, CA	1,684	$50,132	9.4%
Lakefield, MN	1,683	$53,914	2.5%

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