Red Lake County, Minnesota Income Statistics

Red Lake 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.

  • B
    Red Lake County Around average

Source: Map AI Methodology

Red Lake County
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Wealth grade

Income Statistics Overview

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Metric Red Lake County Minnesota Avg US Average
Median Household Income $76,854 $89,852 $80,455
Median Personal Income $54,891 $67,028 $60,758
Average Yearly Income Growth 5.7% 4.4% 4.8%
Six-Figure Earners 8.5% 15.1% 13.9%
$200k+ Households 5.0% 13.8% 13.2%

The median household income in Red Lake County is about 14% lower than in Minnesota. Income has been growing faster in Red Lake County (5.7%/yr) than in Minnesota (4.4%/yr).

About 9% of adults in Red Lake 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

Red Lake County
United States

Median household income in Red Lake County, Minnesota grew by 67.3% from 2009 to 2024, reaching $76,854 in 2024. That's an average of about 5.7% per year.

Year Red Lake County United States

Income Inequality and the Gender Pay Gap in Red Lake County

Metric Red Lake County Minnesota Avg US Average
Gini Coefficient 0.462 0.507 0.552
Male Median Income $65,504 $74,898 $69,667
Female Median Income $51,666 $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 Red Lake County, it is 0.462, 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 Red Lake County, Minnesota. Over a 35-year career, a 27% wage gap accumulates to roughly $484,330 in unearned income for female workers in the area.

Income by Sex Over Time

Male
Female

Since 2009, the income gap between men and women in Red Lake County, Minnesota has narrowed from about 34% to 21% in 2024. Over that period the gap was narrowest at 17% in 2015. In dollar terms, the gap has narrowed by $536 since 2009.

Year Male Income Female Income Gap %

Employment

Metric Red Lake County Minnesota Avg US Average
Unemployment Rate 1.1% 4.1% 5.2%
Working from Home 10.1% 17.6% 15.0%
Commute time (minutes) 21 20 22

Approximately 22 people are unemployed in Red Lake County, Minnesota.

The average commute time in Red Lake County is 21 minutes, longer than the 20 minutes in Minnesota.

Unemployment Rate Over Time

Red Lake County
United States

Since 2011, the unemployment rate in Red Lake County, Minnesota has fallen from 5.1% to 1.1% in 2024. Over that period the rate peaked at 5.8% in 2012.

Year Red Lake County United States

Red Lake County, MN Wealth Compared With Nearby Counties

Red Lake County, MN is the smallest of the 6 counties compared here, 3,915 residents against a local median of 8,909. The measure that sets Red Lake County, MN apart most is unemployment: 1.1%, 70% below the local median of 3.6%. That is the better end of the local range on this measure.

Income growth tells the same story from another angle: 5.7%/yr against a local median of 4.4%/yr, 31% above it. Every measure here with a clear better direction points the same way, so Red Lake County, MN is not trading one advantage for another, it reads stronger than its neighbours across the board. The counties themselves spread 7.0% on unemployment, so Red Lake County, MN sits at one end of an already wide local range rather than apart from it. Red Lake County, MN has the 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.
Red Lake County, MN 3,915 $76,854 #2/6 5.7%/yr #1/6 1.1% #1/6 0.462 #2/6
Pennington County, MN 11,337 $77,455 4.5%/yr 2.9% 0.458
Polk County, MN 30,705 $73,256 4.1%/yr 3.6% 0.502
Marshall County, MN 8,909 $72,346 3.1%/yr 3.5% 0.476
Mahnomen County, MN 5,358 $59,265 4.5%/yr 9.8% 0.527
Norman County, MN 6,367 $72,723 4.4%/yr 5.3% 0.493

Conclusion

Considering all these factors, Red Lake 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 Red Lake County, Minnesota.

How Rich Is Red Lake County, Minnesota?

Red Lake 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 $76,854, about 14% lower than the Minnesota average of $89,852.

Are incomes growing in Red Lake County, Minnesota?

Between 2009 and 2024, the median household income in Red Lake County, Minnesota rose 67%, from $45,928 to $76,854. Over the same years, income here outpaced Minnesota as a whole: +67% against +57%.

What was the median household income in Red Lake County in 2023?

In 2023, the median household income in Red Lake County, Minnesota was $77,888, up 6% from $73,762 in 2022. The Minnesota median that year was $88,324.

What was the median household income in Red Lake County in 2020?

In 2020, the median household income in Red Lake County, Minnesota was $59,601. By 2024 it had risen 29% to $76,854.

Is unemployment high in Red Lake County, Minnesota?

Unemployment in Red Lake County, Minnesota is only 1.1%, 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 Red Lake County, Minnesota?

The Gini coefficient in Red Lake County is 0.462. 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 Red Lake County, Minnesota?

Since 2009, the income gap between men and women in Red Lake County, Minnesota has narrowed from about 34% to 21% in 2024. Over that period the gap was narrowest at 17% in 2015. In dollar terms, the gap has narrowed by $536 since 2009.

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