Income/capita 48%
Household income 30%
Unemployment 7%
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IndexLoring ParkMinneapolisMinnesota
Income per capita$44,107$33,490$33,225
Median household income$38,491$52,611$63,217
Median income owner occupied$0$83,789$77,618
Median income renter occupied$0$33,268$34,348
Median earnings male$42,128$33,219$40,933
Median earnings female$29,684$28,953$29,114
Unemployment rate5.0%5.1%3.4%
Poverty leveln/a21.3%10.8%

Key findings

  • The income per capita in Loring Park is 48% higher than the national average
  • The median household income in Loring Park is 30% lower than the national average
  • Male median earnings are 41% higher than female median earnings
  • The unemployment rate in Loring Park is 7% higher than the national average
  • The poverty level in Loring Park is 100% lower than the national average

Best Places for Employment in and Around Loring Park

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Compare Minneapolis, MN Employment

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      am i middle class

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      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.

      Loring Park median earnings by income bracket

      Loring Park employment by industry

      Labour TypeMaleFemale
      Construction industry1.0%1.6%
      Manufacturing sector7.9%0.0%
      Financial & insurance services9.6%10.7%
      Wholesale & retail services11.8%17.4%
      Public administration2.7%1.4%
      Transportation, warehousing & utilities1.2%0.9%
      Education, health & social services12.8%28.1%

      Nearby cities with high median household income

      CityPopulationHousehold IncomeNational Avg.
      Minnetonka Beach, MN586$197,031256.2%
      Sunfish Lake, MN608$175,625217.5%
      North Oaks, MN4,832$149,507170.2%
      Woodland, MN449$149,063169.4%
      Medina, MN5,633$137,692148.9%
      Minneapolis, MN404,670$52,6114.9%

      Cities with similar population

      CityPopulationHousehold IncomeNational Avg.
      Tulsa, OK399,906$43,04522.2%
      Oakland, CA412,040$57,7784.4%
      Cleveland, OH389,165$26,58351.9%
      Wichita, KS388,033$46,77515.4%
      London, ON421,456n/a 
      Minneapolis, MN404,670$52,6114.9%
      Source: The Loring Park, Minneapolis, MN employment data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS).