Lino Lakes, Minnesota Income Statistics
Lino Lakes 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.
-
A
Lino Lakes Above average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Lino Lakes | Minnesota Avg | US Average |
|---|---|---|---|
| Median Household Income | $127,782 | $89,852 | $80,455 |
| Median Personal Income | $78,310 | $67,028 | $60,758 |
| Average Yearly Income Growth | 2.4% | 4.4% | 4.8% |
| Six-Figure Earners | 20.4% | 15.1% | 13.9% |
| $200k+ Households | 25.6% | 13.8% | 13.2% |
The median household income in Lino Lakes is about 42% higher than in Minnesota. Income has been growing slower in Lino Lakes (2.4%/yr) than in Minnesota (4.4%/yr).
About 20% of adults in Lino Lakes earn six figures ($100,000 or more) a year, higher than the Minnesota average of 15%.
Median Household Income 2009–2024 Trend
Median Household Income Over Time
Median household income in Lino Lakes, Minnesota grew by 33.9% from 2009 to 2024, reaching $127,782 in 2024. That's an average of about 2.4% per year.
Income Inequality and the Gender Pay Gap in Lino Lakes
| Metric | Lino Lakes | Minnesota Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.504 | 0.507 | 0.552 |
| Male Median Income | $93,165 | $74,898 | $69,667 |
| Female Median Income | $70,601 | $62,922 | $56,850 |
| Gender Pay Gap | 24.2% | 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 Lino Lakes, it is 0.504, 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 32% more than women's income in Lino Lakes, Minnesota. Over a 35-year career, a 32% wage gap accumulates to roughly $789,740 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Lino Lakes, Minnesota has narrowed from about 28% to 24% in 2024. Over that period the gap was widest at 31% in 2017, and was narrowest at 23% in 2023. In dollar terms, the gap has widened by $4,320 since 2009.
Employment
| Metric | Lino Lakes | Minnesota Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 4.0% | 4.1% | 5.2% |
| Working from Home | 22.6% | 17.6% | 15.0% |
| Commute time (minutes) | 25 | 20 | 22 |
Approximately 471 people are unemployed in Lino Lakes, Minnesota.
The average commute time in Lino Lakes is 25 minutes, longer than the 20 minutes in Minnesota.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Lino Lakes, Minnesota has fallen from 5.1% to 4.0% in 2024. Over that period the rate peaked at 5.9% in 2013 and fell as low as 1.9% in 2019.
Lino Lakes, MN Wealth Compared With Nearby Cities
How Lino Lakes, MN compares with the 1 cities closest to it.
| 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. |
|---|---|---|---|---|---|
| Lino Lakes, MN | 22,159 | $127,782 #1/2 | 2.4%/yr #2/2 | 4.0% #1/2 | 0.504 #2/2 |
| Shoreview, MN | 26,706 | $109,614 | 3.5%/yr | 4.3% | 0.497 |
Conclusion
Considering all these factors, Lino Lakes, Minnesota has an overall wealth index grade of A, making it somewhat better than Minnesota, and notably better than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Lino Lakes, Minnesota.
How Rich Is Lino Lakes, Minnesota?
Lino Lakes has a wealth index grade of A. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; an A grade means residents are much better off than the U.S. average. The median household income is $127,782, about 42% higher than the Minnesota average of $89,852.
Are incomes growing in Lino Lakes, Minnesota?
Between 2009 and 2024, the median household income in Lino Lakes, Minnesota rose 34%, from $95,419 to $127,782. Over the same years, income here lagged behind Minnesota as a whole: +34% against +57%.
What was the median household income in Lino Lakes in 2023?
In 2023, the median household income in Lino Lakes, Minnesota was $122,765, up 2% from $120,907 in 2022. The Minnesota median that year was $88,324.
What was the median household income in Lino Lakes in 2020?
In 2020, the median household income in Lino Lakes, Minnesota was $107,489. By 2024 it had risen 19% to $127,782.
How many people earn six figures in Lino Lakes, Minnesota?
Yes. 20% of adults in Lino Lakes, Minnesota earn $100,000 or more a year (about 1 in 5), against 15% (about 1 in 7) in Minnesota. 26% of households have a combined income of $200,000 or more, compared with 14% in Minnesota.
What is the Gini coefficient in Lino Lakes, Minnesota?
The Gini coefficient in Lino Lakes is 0.504. 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 Lino Lakes, Minnesota?
Since 2009, the income gap between men and women in Lino Lakes, Minnesota has narrowed from about 28% to 24% in 2024. Over that period the gap was widest at 31% in 2017, and was narrowest at 23% in 2023. In dollar terms, the gap has widened by $4,320 since 2009.
Analyze any area in the US
Get local demographics for any address, aggregated by drive time or radius, on the interactive map.
Explore the map →