Income & Economy in Knife River, MN
Household income, poverty rates, employment, and economic data — 2023 ACS Data
Income Overview
Source: U.S. Census Bureau ACS (2023)Median Household Income
$76,106
+4% vs national
Per Capita Income
$35,323
-5% vs national
Poverty Rate
11.2%
-17% vs national
Gini Index
0.2831
0 = perfect equality
Unemployment
100.0%
+1823% vs national
SNAP Recipients
0.0%
of households
How Knife River Compares
Source: Census ACS (2023)Knife River vs Similar Cities
Source: Census ACS (2023)Compared to cities with under 10,000 residents. Knife River is highlighted.
Median Household Income
Per Capita Income
Poverty Rate
Unemployment Rate
Where Do You Stack Up?
Enter your household income to see how you compare to other households in Knife River. The median household income here is $76,106.
Income Distribution
Source: U.S. Census Bureau ACS (2023)Employment Snapshot
Source: U.S. Census Bureau ACS (2023)Unemployment Rate
100.0%
+2122% vs MN avg
Labor Force
4
Education & Workforce
Source: U.S. Census Bureau ACS (2023)Bachelor's Degree+
38.8%
of adults 25+
High School Diploma+
82.7%
of adults 25+
Median Age
87.8
The median household income in Knife River, MN is $76,106, which is 3.9% above the national average of $73,224. Per capita income is $35,323. The poverty rate of 11.2% is lower than the MN state average of 11.4%. The Gini index of income inequality is 0.2831, where 0 represents perfect equality and 1 represents maximum inequality. The unemployment rate is 100.0%, compared to the state average of 4.5%. 38.8% of adults hold a bachelor's degree or higher.