Income & Economy in Lakota, ND

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

Income Overview

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

Median Household Income

$63,672

-13% vs national

Per Capita Income

$29,639

-20% vs national

Poverty Rate

11.9%

-12% vs national

Gini Index

0.3005

0 = perfect equality

Unemployment

3.3%

-36% vs national

SNAP Recipients

6.5%

of households

How Lakota Compares

Source: Census ACS (2023)

Lakota vs Similar Cities

Source: Census ACS (2023)

Compared to cities with under 10,000 residents. Lakota 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 Lakota. The median household income here is $63,672.

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Income Distribution

Source: U.S. Census Bureau ACS (2023)
<$25K
12.3%
$25-50K
21.1%
$50-75K
33.1%
$75-100K
20.0%
$100-150K
11.2%
$150-200K
1.9%
$200K+
0.4%

Employment Snapshot

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

Unemployment Rate

3.3%

-8% vs ND avg

Labor Force

271

Employed

262

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+

19.9%

of adults 25+

High School Diploma+

34.3%

of adults 25+

Median Age

49.2

Work from Home

12.2%

of workers

The median household income in Lakota, ND is $63,672, which is 13.0% below the national average of $73,224. Per capita income is $29,639. The poverty rate of 11.9% is higher than the ND state average of 11.3%. The Gini index of income inequality is 0.3005, where 0 represents perfect equality and 1 represents maximum inequality. The unemployment rate is 3.3%, compared to the state average of 3.6%. 19.9% of adults hold a bachelor's degree or higher.