Lac qui Parle County, Minnesota Income Statistics
Lac qui Parle County Wealth Score
The wealth index reflects the overall economic prosperity and financial well-being of a county's residents based on income levels, employment rates, and income inequality metrics.
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B
Lac qui Parle County Around average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Lac qui Parle County | Minnesota Avg | US Average |
|---|---|---|---|
| Median Household Income | $74,450 | $89,852 | $80,455 |
| Median Personal Income | $55,009 | $67,028 | $60,758 |
| Average Yearly Income Growth | 5.4% | 4.4% | 4.8% |
| Six-Figure Earners | 10.5% | 15.1% | 13.9% |
| $200k+ Households | 8.6% | 13.8% | 13.2% |
The median household income in Lac qui Parle County is about 17% lower than in Minnesota. Income has been growing faster in Lac qui Parle County (5.4%/yr) than in Minnesota (4.4%/yr).
About 10% of adults in Lac qui Parle County 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 Lac qui Parle County, Minnesota grew by 66.2% from 2009 to 2024, reaching $74,450 in 2024. That's an average of about 5.4% per year.
Income Inequality and the Gender Pay Gap in Lac qui Parle County
| Metric | Lac qui Parle County | Minnesota Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.494 | 0.507 | 0.552 |
| Male Median Income | $66,771 | $74,898 | $69,667 |
| Female Median Income | $51,646 | $62,922 | $56,850 |
| Gender Pay Gap | 22.7% | 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 Lac qui Parle County, it is 0.494, lower than Minnesota's 0.507, so income is more evenly distributed here than there, and lower than the US's 0.552, so income is more evenly distributed here than there.
Men's income is about 29% more than women's income in Lac qui Parle County, Minnesota. Over a 35-year career, a 29% wage gap accumulates to roughly $529,375 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Lac qui Parle County, Minnesota has narrowed from about 30% to 23% in 2024. Over that period the gap was widest at 31% in 2021. In dollar terms, the gap has widened by $2,911 since 2009.
Employment
| Metric | Lac qui Parle County | Minnesota Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 2.0% | 4.1% | 5.2% |
| Working from Home | 13.5% | 17.6% | 15.0% |
| Commute time (minutes) | 13 | 20 | 22 |
Approximately 65 people are unemployed in Lac qui Parle County, Minnesota.
The average commute time in Lac qui Parle County is 13 minutes, shorter than the 20 minutes in Minnesota.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Lac qui Parle County, Minnesota has fallen from 3.6% to 2.0% in 2024. Over that period the rate peaked at 4.6% in 2013 and fell as low as 1.8% in 2023.
Lac qui Parle County, MN Wealth Compared With Nearby Counties
Lac qui Parle County, MN is the 3rd largest of the 6 counties compared here, 6,682 residents against a local median of 5,603. The measure that sets Lac qui Parle County, MN apart most is unemployment: 2.0%, 25% below the local median of 2.7%. That is the better end of the local range on this measure.
Income growth tells the same story from another angle: 5.4%/yr against a local median of 4.3%/yr, 24% above it. Every measure here with a clear better direction points the same way, so Lac qui Parle County, MN is not trading one advantage for another, it reads stronger than its neighbours across the board. The counties themselves spread 2.6% on unemployment, so Lac qui Parle County, MN sits at one end of an already wide local range rather than apart from it. Lac qui Parle County, MN has the 2nd lowest unemployment of the 6 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. |
|---|---|---|---|---|---|
| Lac qui Parle County, MN | 6,682 | $74,450 #2/6 | 5.4%/yr #1/6 | 2.0% #2/6 | 0.494 #3/6 |
| Yellow Medicine County, MN | 9,450 | $74,401 | 3.8%/yr | 3.5% | 0.482 |
| Big Stone County, MN | 5,126 | $69,402 | 4.9%/yr | 1.8% | 0.512 |
| Deuel County, SD | 4,328 | $82,264 | 5.1%/yr | 2.1% | 0.489 |
| Swift County, MN | 9,748 | $60,667 | 2.5%/yr | 4.4% | 0.508 |
| Lincoln County, MN | 5,603 | $69,005 | 4.3%/yr | 2.7% | 0.509 |
Conclusion
Considering all these factors, Lac qui Parle County, 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 Lac qui Parle County, Minnesota.
How Rich Is Lac qui Parle County, Minnesota?
Lac qui Parle County 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 $74,450, about 17% lower than the Minnesota average of $89,852.
How has median household income changed in Lac qui Parle County, Minnesota?
Between 2009 and 2024, the median household income in Lac qui Parle County, Minnesota rose 66%, from $44,785 to $74,450. Over the same years, income here outpaced Minnesota as a whole: +66% against +57%.
What was the median household income in Lac qui Parle County in 2023?
In 2023, the median household income in Lac qui Parle County, Minnesota was $71,106, up 7% from $66,208 in 2022. The Minnesota median that year was $88,324.
What was the median household income in Lac qui Parle County in 2020?
In 2020, the median household income in Lac qui Parle County, Minnesota was $58,089. By 2024 it had risen 28% to $74,450.
Is unemployment high in Lac qui Parle County, Minnesota?
Unemployment in Lac qui Parle County, Minnesota is only 2.0%, well below the Minnesota rate of 4.1%, a sign of a tight labor market where employers compete for workers.
What is the Gini coefficient in Lac qui Parle County, Minnesota?
The Gini coefficient in Lac qui Parle County is 0.494. 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 Lac qui Parle County, Minnesota?
Since 2009, the income gap between men and women in Lac qui Parle County, Minnesota has narrowed from about 30% to 23% in 2024. Over that period the gap was widest at 31% in 2021. In dollar terms, the gap has widened by $2,911 since 2009.
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