Income & Economy in Lakeland Shores, MN

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

Income Overview

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

Median Household Income

$136,875

+87% vs national

Per Capita Income

$60,385

+62% vs national

Poverty Rate

1.6%

-88% vs national

Gini Index

0.4356

0 = perfect equality

Unemployment

0.0%

-100% vs national

SNAP Recipients

4.0%

of households

How Lakeland Shores Compares

Source: Census ACS (2023)

Lakeland Shores vs Similar Cities

Source: Census ACS (2023)

Compared to cities with under 10,000 residents. Lakeland Shores 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 Lakeland Shores. The median household income here is $136,875.

$

Income Distribution

Source: U.S. Census Bureau ACS (2023)
<$25K
0.8%
$25-50K
13.6%
$50-75K
12.8%
$75-100K
4.8%
$100-150K
26.4%
$150-200K
20.8%
$200K+
20.8%

Employment Snapshot

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

Unemployment Rate

0.0%

-100% vs MN avg

Labor Force

166

Employed

166

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+

27.2%

of adults 25+

High School Diploma+

37.7%

of adults 25+

Median Age

38.5

Work from Home

11.4%

of workers

The median household income in Lakeland Shores, MN is $136,875, which is 86.9% above the national average of $73,224. Per capita income is $60,385. The poverty rate of 1.6% is lower than the MN state average of 11.4%. The Gini index of income inequality is 0.4356, where 0 represents perfect equality and 1 represents maximum inequality. The unemployment rate is 0.0%, compared to the state average of 4.5%. 27.2% of adults hold a bachelor's degree or higher. The average commute time is 21 minutes, with 11.4% working from home.