Wood Lake, MN Employment

B
2%
Income/capita NAT. AVG.
8%
Household income NAT. AVG.
79%
Unemployment NAT. AVG.
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IndexWood LakeMinnesotaNational
Income per capita$30,564$33,225$29,829
Median household income$60,000$63,217$55,322
Median income owner occupied$62,000$77,618$70,586
Median income renter occupied$39,167$34,348$35,192
Median earnings male$39,750$40,933$36,919
Median earnings female$31,042$29,114$26,250
Unemployment rate1.0%3.4%4.7%
Poverty level4.5%10.8%15.1%
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Key findings

  • The income per capita in Wood Lake is 2% higher than the national average
  • The median household income in Wood Lake is 8% higher than the national average
  • Male median earnings are 41% higher than female median earnings
  • The unemployment rate in Wood Lake is 79% lower than the national average
  • The poverty level in Wood Lake is 70% lower than the national average

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      am i middle class

      $
      Input your household income
      $39,996 $60,000 $120,000
      City
      $42,140 $63,217 $126,434
      State
      $36,877 $55,322 $110,644
      Nation
      According to the PEW research center, the middle class is defined as a range from two thirds (2/3) of the median household income to a multiple of two (2) times the median household income. Displayed above are the city, state and national median household income averages. Simply enter your median household income to determine if your income falls into the middle class or if your household income is considered upper or lower class.

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      Wood Lake median earnings by income bracket

      Wood Lake employment by industry

      Labour TypeMaleFemale
      Construction industry6.4%6.4%
      Manufacturing sector24.0%24.0%
      Financial & insurance services4.8%4.8%
      Wholesale & retail services19.2%19.2%
      Public administration4.0%4.0%
      Transportation, warehousing & utilities12.8%12.8%
      Education, health & social services5.6%5.6%
      Other23.2%23.2%

      Nearby cities with high median household income

      City Population Household Income National Avg.
      Cottonwood, MN1,180$61,62511.4%
      Vesta, MN293$55,8330.9%
      Hazel Run, MN92$53,5423.2%
      Clarkfield, MN962$52,2355.6%
      Granite Falls, MN2,636$51,0067.8%
      Wood Lake, MN381$60,0008.5%

      Cities with similar population

      City Population Household Income National Avg.
      Louviers, CO381$63,57114.9%
      Donahue, IA381$93,50069.0%
      Liscomb, IA381$68,59724.0%
      Mesick, MI381$28,75048.0%
      Cloud Creek, OK381$85,69454.9%
      Wood Lake, MN381$60,0008.5%
      Source: The Wood Lake, MN employment data displayed above is derived from the United States Census Bureau American Community Survey (ACS).
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