Koochiching County, Minnesota
Income Data
At a Glance
How Koochiching County Compares
Detailed Income Statistics
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
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Income Comparison Calculator
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County median: $69,115 per year
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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.
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Compare RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.