Koochiching County, Minnesota
Income Data
U.S. Census Bureau ACSAt a Glance
Economic Indicators
How Koochiching County Compares
Detailed Income Statistics
Income Advisory: Koochiching County
Income Verdict
Koochiching County has a median household income of $69,115 and per capita income of $40,221 — a gap of $28,894, suggesting a higher share of single-earner or non-family households.
Housing Affordability
With median gross rent at $774/month and a median household income of $69,115, rent consumes approximately 13.4% of monthly income — well within affordable thresholds.
Economic Context
A median household income of $69,115 suggests moderate-to-strong purchasing power, generally sufficient to cover essentials with room for discretionary spending in most markets. Per capita income of $40,221 is in line with national norms for individual earners.
Neighbor Context
Koochiching County earns approximately 8.8% below the Minnesota state median household income of $75,757.
Data Story
About Household Income in Koochiching County, Minnesota
Koochiching Lags Behind National Median
Koochiching County's median household income of $69,115 trails the national median of $74,755 by $5,640, a 7.5% shortfall. The county falls below the typical American household income, though per capita income of $40,221 exceeds the national average.
Lower-Tier County in Minnesota
Koochiching's $69,115 median ranks in the lower portion of Minnesota's 87 counties, trailing the state average of $75,757 by $6,642. This gap suggests economic opportunities may be more limited locally compared to other Minnesota regions.
Struggling Against Regional Peers
Koochiching's median of $69,115 is among the lowest in the region, outpaced by Kanabec ($71,915), Kandiyohi ($75,097), Lake of the Woods ($70,091), and most others. The notable per capita income of $40,221 suggests wealth concentration among some residents.
Strong Housing Affordability
Koochiching residents benefit from a 13.4% rent-to-income ratio and median home value of just $143,700. These low costs provide breathing room for households earning the county median, even as overall income levels lag the state.
Build Savings Despite Income Constraints
With median income at $69,115, Koochiching households must be intentional about wealth building, but affordable housing helps. Start with automatic savings transfers even in small amounts, seek employer benefits like matching 401(k) contributions, and consider financial counseling to maximize limited resources.
Frequently Asked Questions
What is the median household income in Koochiching County, Minnesota?
How much do people earn in Koochiching County?
How does Koochiching County compare to the Minnesota average?
What is the per capita income in Koochiching County, Minnesota?
Is Koochiching County a low-income area in Minnesota?
How does Koochiching County rank for income in Minnesota?
Income Comparison Calculator
See how your household income compares in Koochiching County
Your income is above the Koochiching County median
County median: $69,115 per year
vs. County Median
+0%
vs. State Average
-9%
vs. National Median
-8%
Income Adequacy
Your monthly income ($5,760) vs. median rent ($774/mo). A ratio of 3.3x or higher means rent is under 30% of income.
Grow Your Wealth
See how your income stacks up in Koochiching County, Minnesota? Start investing smarter with a robo-advisor that builds a diversified portfolio for you.
Start InvestingCounties with Similar Income Levels
Compare Financial Products in Minnesota
Compare savings accounts, CDs, and money market rates from top banks to make the most of your earnings.
Compare RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.