Mille Lacs County, Minnesota Income Statistics
Mille Lacs 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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C
Mille Lacs County Below averageLess wealthy than 87% of counties in Minnesota
Source: Map AI Methodology
Income Statistics Overview
| Metric | Mille Lacs County | Minnesota Avg | US Average |
|---|---|---|---|
| Median Household Income | $73,418 | $89,852 | $80,455 |
| Median Personal Income | $55,220 | $67,028 | $60,758 |
| Average Yearly Income Growth | 4.6% | 4.4% | 4.8% |
| Six-Figure Earners | 7.3% | 15.1% | 13.9% |
| $200k+ Households | 5.4% | 13.8% | 13.2% |
The median household income in Mille Lacs County is about 18% lower than in Minnesota. Income has been growing faster in Mille Lacs County (4.6%/yr) than in Minnesota (4.4%/yr).
About 7% of adults in Mille Lacs 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 Mille Lacs County, Minnesota grew by 60.0% from 2009 to 2024, reaching $73,418 in 2024. That's an average of about 4.6% per year.
Income Inequality and the Gender Pay Gap in Mille Lacs County
| Metric | Mille Lacs County | Minnesota Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.490 | 0.507 | 0.552 |
| Male Median Income | $63,736 | $74,898 | $69,667 |
| Female Median Income | $50,289 | $62,922 | $56,850 |
| Gender Pay Gap | 21.1% | 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 Mille Lacs County, it is 0.490, 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 27% more than women's income in Mille Lacs County, Minnesota. Over a 35-year career, a 27% wage gap accumulates to roughly $470,645 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Mille Lacs County, Minnesota has narrowed from about 31% to 21% in 2024. Over that period the gap was narrowest at 19% in 2014. In dollar terms, the gap has narrowed by $459 since 2009.
Employment
| Metric | Mille Lacs County | Minnesota Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 4.0% | 4.1% | 5.2% |
| Working from Home | 10.2% | 17.6% | 15.0% |
| Commute time (minutes) | 23 | 20 | 22 |
Approximately 550 people are unemployed in Mille Lacs County, Minnesota.
The average commute time in Mille Lacs County is 23 minutes, longer than the 20 minutes in Minnesota.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Mille Lacs County, Minnesota has fallen from 10.2% to 4.0% in 2024.
Mille Lacs County, MN Wealth Compared With Nearby Counties
Mille Lacs County, MN is the 5th largest of the 6 counties compared here, 27,123 residents against a local median of 41,593. There is no headline here. Every measure below sits within 15% of the median across the nearest counties, which makes Mille Lacs County, MN an unremarkable member of its own neighbourhood rather than an outlier in it.
The largest of those small differences is income growth, 6% above the local median at 4.6%/yr against 4.3%/yr. Mille Lacs County, MN has the 2nd highest income growth 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. |
|---|---|---|---|---|---|
| Mille Lacs County, MN | 27,123 | $73,418 #4/6 | 4.6%/yr #2/6 | 4.0% #4/6 | 0.490 #3/6 |
| Kanabec County, MN | 16,388 | $71,703 | 5.2%/yr | 4.6% | 0.502 |
| Benton County, MN | 41,593 | $74,348 | 4.6%/yr | 3.9% | 0.471 |
| Isanti County, MN | 42,596 | $87,417 | 4.3%/yr | 4.1% | 0.478 |
| Sherburne County, MN | 100,509 | $106,364 | 4.0%/yr | 3.0% | 0.494 |
| Morrison County, MN | 34,249 | $70,796 | 3.9%/yr | 4.0% | 0.496 |
Conclusion
Considering all these factors, Mille Lacs County, Minnesota has an overall wealth index grade of C, making it somewhat worse than Minnesota, and about on par with the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Mille Lacs County, Minnesota.
How Rich Is Mille Lacs County, Minnesota?
Mille Lacs County has a wealth index grade of C. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; a C grade means residents are close to the U.S. average. The median household income is $73,418, about 18% lower than the Minnesota average of $89,852.
Are incomes growing in Mille Lacs County, Minnesota?
Between 2009 and 2024, the median household income in Mille Lacs County, Minnesota rose 60%, from $45,876 to $73,418. Over the same years, income here outpaced Minnesota as a whole: +60% against +57%.
What was the median household income in Mille Lacs County in 2023?
In 2023, the median household income in Mille Lacs County, Minnesota was $72,109, up 8% from $67,075 in 2022. The Minnesota median that year was $88,324.
What was the median household income in Mille Lacs County in 2020?
In 2020, the median household income in Mille Lacs County, Minnesota was $58,139. By 2024 it had risen 26% to $73,418.
What is the Gini coefficient in Mille Lacs County, Minnesota?
The Gini coefficient in Mille Lacs County is 0.490. 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 Mille Lacs County, Minnesota?
Since 2009, the income gap between men and women in Mille Lacs County, Minnesota has narrowed from about 31% to 21% in 2024. Over that period the gap was narrowest at 19% in 2014. In dollar terms, the gap has narrowed by $459 since 2009.
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