Lakefield, MN Employment

C+
11%
Income/capita NAT. AVG.
3%
Household income NAT. AVG.
66%
Unemployment NAT. AVG.
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IndexLakefieldMinnesotaNational
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 rate1.6%3.4%4.7%
Poverty level4.9%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

      $
      Input your household income
      $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 TypeMaleFemale
      Construction industry17.3%17.3%
      Manufacturing sector27.3%27.3%
      Financial & insurance services0.5%0.5%
      Wholesale & retail services14.6%14.6%
      Public administration2.7%2.7%
      Transportation, warehousing & utilities7.1%7.1%
      Education, health & social services3.6%3.6%
      Other24.6%24.6%

      Nearby cities with high median household income

      City Population Household Income National Avg.
      Alpha, MN162$97,08375.5%
      Fish Lake, MN55$76,87539.0%
      Okabena, MN208$73,28132.5%
      Heron Lake, MN701$69,37525.4%
      Jackson, MN3,208$63,12514.1%
      Lakefield, MN1,683$53,9142.5%

      Cities with similar population

      City Population Household Income National Avg.
      Cedar Bluff, AL1,683$31,38243.3%
      Mount Pulaski, IL1,683$60,6749.7%
      Oswego, KS1,683$42,23723.7%
      Houghton, NY1,683$69,68826.0%
      Rouse, CA1,684$50,1329.4%
      Lakefield, MN1,683$53,9142.5%
      Source: The Lakefield, MN employment data displayed above is derived from the United States Census Bureau American Community Survey (ACS).
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