Wood Lake employment information

IndexWood LakeMinnesotaNational
Income per capita$23,149$33,225$29,829
Median household income$44,500$63,217$55,322
Median income owner occupied$46,964$77,618$70,586
Median income renter occupied$40,313$34,348$35,192
Median earnings male$35,179$40,933$36,919
Median earnings female$23,125$29,114$26,250
Unemployment rate1.6%3.4%4.7%
Poverty level13.7%10.8%15.1%
The Wood Lake, MN employment information can be a key indicator when searching for a new job. A good indicator of the strength of the job market is the income per capita and the median household income. The income per capita in Wood Lake is $23,149, which is 30% lower than than the Minnesota average and 22% lower than than the national average. The median household income is $44,500, which is 30% lower than than the Minnesota average and 20% lower than than the national average. The unemployment rate in Wood Lake is 2%, which is 66% lower than than the national average. The poverty rate in Wood Lake is 14% which is 9% lower than than the national average.

am i middle class

$Input your household income
$29,663$44,500$89,000
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.

Did you know?

  • The income per capita in Wood Lake is 22% lower than the national average.
  • The median household income in Wood Lake is 20% lower than the national average.
  • Male median earnings are 41% higher than female median earnings.
  • The unemployment rate in Wood Lake is 66% lower than the national average.
  • The poverty level in Wood Lake is 9% lower than the national average.

Find Real Estate Listings In Wood Lake

Location
Price
Bedrooms
Bathrooms
 

New Real Estate Listings In Wood Lake

Compare Wood Lake, MN Employment To Other Cities

Employment status

Hours worked per week

Wood Lake median earnings by income bracket

Wood Lake employment by industry

Labour TypeMaleFemale
Construction industry8.6%0.9%
Manufacturing sector38.8%11.7%
Financial & insurance services0.9%9.0%
Wholesale & retail services12.9%27.9%
Public administration2.6%2.7%
Transportation, warehousing & utilities12.9%1.8%
Education, health & social services1.7%22.5%
Other20.7%18.0%

Nearby cities with high median household income

City, StatePopulationHousehold IncomeNational Avg.
Hanley Falls, MN410$56,6252%
Echo, MN275$51,4587%
Cottonwood, MN1,252$50,5219%
Granite Falls, MN2,557$47,50014%
Marshall, MN13,616$44,56119%
Wood Lake, MN411$44,50020%

Cities with similar population

City, StatePopulationHousehold IncomeNational Avg.
Madrid, AL411$39,79228%
Chewton, PA411$54,0132%
Perrysburg, NY411$41,87524%
Stotonic Village, AZ411$0100%
Cazenovia, WI411$43,12522%
Wood Lake, MN411$44,50020%
Source: The Wood Lake, MN employment data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS).