White Bear Lake, Minnesota Income Statistics
White Bear Lake 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
White Bear Lake Around average
Source: Map AI Methodology
Income Statistics Overview
| Metric | White Bear Lake | Minnesota Avg | US Average |
|---|---|---|---|
| Median Household Income | $88,290 | $89,852 | $80,455 |
| Median Personal Income | $65,148 | $67,028 | $60,758 |
| Average Yearly Income Growth | 3.5% | 4.4% | 4.8% |
| Six-Figure Earners | 12.9% | 15.1% | 13.9% |
| $200k+ Households | 9.8% | 13.8% | 13.2% |
The median household income in White Bear Lake is about 2% lower than in Minnesota. Income has been growing slower in White Bear Lake (3.5%/yr) than in Minnesota (4.4%/yr).
About 13% of adults in White Bear Lake 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 White Bear Lake, Minnesota grew by 45.1% from 2009 to 2024, reaching $88,290 in 2024. That's an average of about 3.5% per year.
Income Inequality and the Gender Pay Gap in White Bear Lake
| Metric | White Bear Lake | Minnesota Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.458 | 0.507 | 0.552 |
| Male Median Income | $71,156 | $74,898 | $69,667 |
| Female Median Income | $63,417 | $62,922 | $56,850 |
| Gender Pay Gap | 10.9% | 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 White Bear Lake, it is 0.458, 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 12% more than women's income in White Bear Lake, Minnesota. Over a 35-year career, a 12% wage gap accumulates to roughly $270,865 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in White Bear Lake, Minnesota has narrowed from about 23% to 11% in 2024. Over that period the gap was widest at 24% in 2010. In dollar terms, the gap has narrowed by $4,800 since 2009.
Employment
| Metric | White Bear Lake | Minnesota Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 4.5% | 4.1% | 5.2% |
| Working from Home | 20.6% | 17.6% | 15.0% |
| Commute time (minutes) | 21 | 20 | 22 |
Approximately 530 people are unemployed in White Bear Lake, Minnesota.
The average commute time in White Bear Lake is 21 minutes, longer than the 20 minutes in Minnesota.
Unemployment Rate Over Time
Since 2011, the unemployment rate in White Bear Lake, Minnesota has fallen from 6.9% to 4.5% in 2024. Over that period the rate fell as low as 3.2% in 2019.
Conclusion
Considering all these factors, White Bear Lake, 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 White Bear Lake, Minnesota.
How Rich Is White Bear Lake, Minnesota?
White Bear Lake 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 $88,290, about 2% lower than the Minnesota average of $89,852.
Are incomes growing in White Bear Lake, Minnesota?
Between 2009 and 2024, the median household income in White Bear Lake, Minnesota rose 45%, from $60,862 to $88,290. Over the same years, income here lagged behind Minnesota as a whole: +45% against +57%.
What was the median household income in White Bear Lake in 2023?
In 2023, the median household income in White Bear Lake, Minnesota was $81,774, up 1% from $81,092 in 2022. The Minnesota median that year was $88,324.
What was the median household income in White Bear Lake in 2020?
In 2020, the median household income in White Bear Lake, Minnesota was $72,139. By 2024 it had risen 22% to $88,290.
What is the Gini coefficient in White Bear Lake, Minnesota?
The Gini coefficient in White Bear Lake is 0.458. 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 White Bear Lake, Minnesota?
Since 2009, the income gap between men and women in White Bear Lake, Minnesota has narrowed from about 23% to 11% in 2024. Over that period the gap was widest at 24% in 2010. In dollar terms, the gap has narrowed by $4,800 since 2009.
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