Lake of the Woods County, Minnesota

The median household income in Lake of the Woods County, Minnesota is $70,091, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates. This represents the midpoint of all household incomes in the county.

The per capita income in Lake of the Woods County is $39,814, which represents the average income per person across the entire county population. The median household income — which accounts for all earners in a household — is $70,091.

Lake of the Woods County's median household income of $70,091 is lower than the Minnesota state average of $75,757. The per capita income is $39,814, compared to the state average of $39,335.

The per capita income in Lake of the Woods County, Minnesota is $39,814, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates. Per capita income is calculated by dividing total personal income by total population, providing an average income figure per resident.

Lake of the Woods County's median household income of $70,091 is below the Minnesota average of $75,757. The per capita income of $39,814 is also comparable to the state average of $39,335. Lower incomes can reflect the local economic base, rural vs. urban location, and employment opportunities available in the area.

Lake of the Woods County ranks #56 out of 87 counties in Minnesota by median household income (1 = highest). With a median household income of $70,091 and per capita income of $39,814, it falls in the middle third of counties statewide.