Brooklyn Park, Minnesota Income Statistics
Brooklyn Park Wealth Score
The wealth index reflects the overall economic prosperity and financial well-being of an area's residents based on income levels, employment rates, and income inequality metrics.
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B
Brooklyn Park Around average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Brooklyn Park | Minnesota Avg | US Average |
|---|---|---|---|
| Median Household Income | $92,803 | $89,852 | $80,455 |
| Median Personal Income | $58,187 | $67,028 | $60,758 |
| Average Yearly Income Growth | 4.6% | 4.4% | 4.8% |
| Six-Figure Earners | 11.6% | 15.1% | 13.9% |
| $200k+ Households | 12.8% | 13.8% | 13.2% |
The median household income in Brooklyn Park is about 3% higher than in Minnesota. Income has been growing faster in Brooklyn Park (4.6%/yr) than in Minnesota (4.4%/yr).
About 12% of adults in Brooklyn Park earn six figures ($100,000 or more) a year, lower than the Minnesota average of 15%.
Median Household Income 2009–2024 Trend
Median Household Income Over Time
Median household income in Brooklyn Park, Minnesota grew by 47.9% from 2009 to 2024, reaching $92,803 in 2024. That's an average of about 4.6% per year.
Income Inequality and the Gender Pay Gap in Brooklyn Park
| Metric | Brooklyn Park | Minnesota Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.502 | 0.507 | 0.552 |
| Male Median Income | $65,689 | $74,898 | $69,667 |
| Female Median Income | $58,650 | $62,922 | $56,850 |
| Gender Pay Gap | 10.7% | 16.0% | 18.4% |
The Gini coefficient measures how evenly income is shared between richer and poorer households, from 0 (everyone earns the same) to 1 (one household earns nearly everything). The lower the number, the more equally income is distributed. In Brooklyn Park, it is 0.502, about the same as Minnesota's 0.507, so income here is about as evenly distributed as there, and lower than the US's 0.552, so income is more evenly distributed here than there.
Men's income is about 12% more than women's income in Brooklyn Park, Minnesota. Over a 35-year career, a 12% wage gap accumulates to roughly $246,365 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Brooklyn Park, Minnesota has narrowed from about 14% to 11% in 2024. Over that period the gap was widest at 17% in 2010, and was narrowest at 9% in 2015. In dollar terms, the gap has widened by $259 since 2009.
Employment
| Metric | Brooklyn Park | Minnesota Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 4.0% | 4.1% | 5.2% |
| Working from Home | 14.9% | 17.6% | 15.0% |
| Commute time (minutes) | 20 | 20 | 22 |
Approximately 1,813 people are unemployed in Brooklyn Park, Minnesota.
The average commute time in Brooklyn Park is 20 minutes, about the same as in Minnesota.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Brooklyn Park, Minnesota has fallen from 9.0% to 4.0% in 2024. Over that period the rate peaked at 9.2% in 2013 and fell as low as 3.7% in 2022.
Brooklyn Park, MN Wealth Compared With Nearby Cities
Brooklyn Park, MN is the largest of the 5 cities compared here, 83,850 residents against a local median of 27,858. There is no headline here. Every measure below sits within 15% of the median across the nearest cities, which makes Brooklyn Park, MN an unremarkable member of its own neighbourhood rather than an outlier in it.
The largest of those small differences is income inequality, 4% above the local median at 0.502 against 0.481. Brooklyn Park, MN has the 5th lowest income inequality of the 5 areas compared here.
| Area | Population | Median household income | Income growthAverage yearly change in median household income since 2016. Each year is measured in its own dollars, so this is growth before inflation. | Unemployment | Income inequalityGini coefficient: 0 would mean every household earns the same, 1 that a single household earns everything. The lower the number, the more equally income is shared here. |
|---|---|---|---|---|---|
| Brooklyn Park, MN | 83,850 | $92,803 #2/5 | 4.6%/yr #3/5 | 4.0% #3/5 | 0.502 #5/5 |
| Brooklyn Center, MN | 32,490 | $72,475 | 5.8%/yr | 5.8% | 0.490 |
| Champlin, MN | 23,225 | $115,165 | 4.1%/yr | 3.6% | 0.485 |
| Crystal, MN | 22,688 | $92,729 | 5.4%/yr | 2.5% | 0.477 |
| Coon Rapids, MN | 63,456 | $88,746 | 3.7%/yr | 4.5% | 0.462 |
Conclusion
Considering all these factors, Brooklyn Park, Minnesota has an overall wealth index grade of B, making it about on par with Minnesota, and somewhat better than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Brooklyn Park, Minnesota.
How Rich Is Brooklyn Park, Minnesota?
Brooklyn Park has a wealth index grade of B. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; a B grade means residents are quite well off compared to the U.S. average. The median household income is $92,803, about 3% higher than the Minnesota average of $89,852.
How has median household income changed in Brooklyn Park, Minnesota?
Between 2009 and 2024, the median household income in Brooklyn Park, Minnesota rose 48%, from $62,726 to $92,803. Over the same years, income here lagged behind Minnesota as a whole: +48% against +57%.
What was the median household income in Brooklyn Park in 2023?
In 2023, the median household income in Brooklyn Park, Minnesota was $87,145, up 4% from $83,575 in 2022. The Minnesota median that year was $88,324.
What was the median household income in Brooklyn Park in 2020?
In 2020, the median household income in Brooklyn Park, Minnesota was $72,548. By 2024 it had risen 28% to $92,803.
What is the Gini coefficient in Brooklyn Park, Minnesota?
The Gini coefficient in Brooklyn Park is 0.502. It measures income inequality on a scale from 0 (everyone earns the same) to 1 (one household earns everything). That is lower than the US average of 0.552, so income is distributed more equally than in the country overall.
How has the income gap between men and women changed in Brooklyn Park, Minnesota?
Since 2009, the income gap between men and women in Brooklyn Park, Minnesota has narrowed from about 14% to 11% in 2024. Over that period the gap was widest at 17% in 2010, and was narrowest at 9% in 2015. In dollar terms, the gap has widened by $259 since 2009.
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