Income & Economy in Arco, MN

Household income, poverty rates, employment, and economic data — 2023 ACS Data

Income Overview

Source: U.S. Census Bureau ACS (2023)

Median Household Income

$60,625

-17% vs national

Per Capita Income

$32,938

-11% vs national

Poverty Rate

18.0%

+33% vs national

Gini Index

0.4202

0 = perfect equality

Unemployment

0.0%

-100% vs national

SNAP Recipients

10.8%

of households

How Arco Compares

Source: Census ACS (2023)

Arco vs Similar Cities

Source: Census ACS (2023)

Compared to cities with under 10,000 residents. Arco is highlighted.

Median Household Income

Per Capita Income

Poverty Rate

Unemployment Rate

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Where Do You Stack Up?

Enter your household income to see how you compare to other households in Arco. The median household income here is $60,625.

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Income Distribution

Source: U.S. Census Bureau ACS (2023)
<$25K
35.1%
$25-50K
2.7%
$50-75K
43.2%
$75-100K
8.1%
$100-150K
5.4%
$200K+
5.4%

Employment Snapshot

Source: U.S. Census Bureau ACS (2023)

Unemployment Rate

0.0%

-100% vs MN avg

Labor Force

28

Employed

28

How People Get to Work

Source: Census ACS (2023)

Employment by Sector

Source: Census ACS (2023)

Education & Workforce

Source: U.S. Census Bureau ACS (2023)

Bachelor's Degree+

4.9%

of adults 25+

High School Diploma+

49.2%

of adults 25+

Median Age

65.2

Work from Home

3.6%

of workers

The median household income in Arco, MN is $60,625, which is 17.2% below the national average of $73,224. Per capita income is $32,938. The poverty rate of 18.0% is higher than the MN state average of 11.4%. The Gini index of income inequality is 0.4202, where 0 represents perfect equality and 1 represents maximum inequality. The unemployment rate is 0.0%, compared to the state average of 4.5%. 4.9% of adults hold a bachelor's degree or higher.