Lac qui Parle County, Minnesota
Income Data
At a Glance
How Lac qui Parle County Compares
Detailed Income Statistics
Data Story
About Household Income in Lac qui Parle County, Minnesota
Lac qui Parle Slightly Below National Average
Lac qui Parle County's median household income of $71,639 falls about $3,116 short of the national median of $74,755, a 4.2% gap. The county earns slightly less than typical American households, though remains in the middle range nationally.
Middle Position in Minnesota
At $71,639, Lac qui Parle ranks below Minnesota's state average of $75,757 by $4,118, placing it in the middle tier among the state's 87 counties. The per capita income of $40,282 indicates a relatively balanced income distribution locally.
Comparable to Regional Average
Lac qui Parle's $71,639 median falls between lower-earning neighbors like Kittson ($69,615) and higher earners like Kandiyohi ($75,097). The county's position reflects typical economic conditions for west-central Minnesota rural areas.
Excellent Rental Affordability
With a rent-to-income ratio of 13.6%, Lac qui Parle renters spend well under the 30% affordability benchmark. The median home value of $143,400 is highly accessible, making homeownership achievable for typical county households.
Capitalize on Agricultural Opportunities
Lac qui Parle's farming heritage offers unique wealth-building paths through land ownership, commodity investing, and agricultural cooperatives alongside traditional savings. Households earning the $71,639 median should explore both rural-specific investment strategies and conventional retirement planning tools.
Frequently Asked Questions
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Income Comparison Calculator
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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.