Income & Economy in Coon Rapids, MN

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

Income Overview

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

Median Household Income

$86,618

+18% vs national

Per Capita Income

$40,416

+9% vs national

Poverty Rate

8.0%

-41% vs national

Gini Index

0.3658

0 = perfect equality

Unemployment

4.0%

-23% vs national

SNAP Recipients

7.2%

of households

How Coon Rapids Compares

Source: Census ACS (2023)

Coon Rapids vs Similar Cities

Source: Census ACS (2023)

Compared to cities with 50,000 - 100,000 residents. Coon Rapids 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 Coon Rapids. The median household income here is $86,618.

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Income Distribution

Source: U.S. Census Bureau ACS (2023)
<$25K
8.0%
$25-50K
16.7%
$50-75K
17.8%
$75-100K
16.8%
$100-150K
22.7%
$150-200K
9.7%
$200K+
8.5%

Employment Snapshot

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

Unemployment Rate

4.0%

-12% vs MN avg

Labor Force

36,204

Employed

34,736

Mean Commute

21 min

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+

17.2%

of adults 25+

High School Diploma+

39.5%

of adults 25+

Median Age

39.2

Work from Home

11.7%

of workers

The median household income in Coon Rapids, MN is $86,618, which is 18.3% above the national average of $73,224. Per capita income is $40,416. The poverty rate of 8.0% is lower than the MN state average of 11.4%. The Gini index of income inequality is 0.3658, where 0 represents perfect equality and 1 represents maximum inequality. The unemployment rate is 4.0%, compared to the state average of 4.5%. 17.2% of adults hold a bachelor's degree or higher. The average commute time is 21 minutes, with 11.7% working from home.