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Lake County, MN&

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Population
10,750
-0.38% decline
Median Age
50.2
Median Household Income
$48,417
3.34% growth
Poverty Rate
13%
Number of Employees
4,870
0.68% growth
Median Property Value
$157,700
1.68% growth

About the photo: Split Rock Lighthouse (1907) view from Little Two Harbors Bay, Split Rock State Park, MN

Economy

The economy of Lake County, MN employs 4,870 people. The economy of Lake County, MN is specialized in Mining, Quarrying, Oil, Gas Extraction; Accommodation & Food Service; and Utilities, which employ respectively 8.9; 1.75; and 1.73 times more people than what would be expected in a location of this size. The largest industries in Lake County, MN are Healthcare & Social Assistance (1,031), Accommodation & Food Service (632), and Manufacturing (502), and the highest paying industries are Utilities ($72,750), Mining, Quarrying, Oil, Gas Extraction ($72,422), and Transportation & Warehousing ($54,770).

Median household income in Lake County, MN is $48,417. Males in Lake County, MN have an average income that is 1.57 times higher than the average income of females, which is $39,532. The income inequality of Lake County, MN (measured using the Gini index) is 0.461 which is lower than the national average.

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Health & Safety

Insurance and Medicare coverage combined with state and county level health and safety statistics for Lake County, MN. In Lake County, MN the age groups most likely to have health care coverage are 55-64 and 55-64, men and women, respectively. The location has a 1 to 94 primary care clinician to patient ratio and a Medicare reimbursement average per patient per year of $8,878. Beltrami County, MN has the highest prevalence of homicides of any county in Minnesota.

Coverage

Clinician to Patient Ratios

Showing data across all counties in Minnesota.

Insurance Coverage by Age and Gender

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Diversity

Lake County, MN is home to a population of 10,750 people, from which 98.8% are citizens. The ethnic composition of the population of Lake County, MN is composed of 10,348 White residents (96.3%), 228 Two+ residents (2.12%), 134 Hispanic residents (1.25%), 20 Native residents (0.19%), and 12 Black residents (0.11%). The most common foreign languages in Lake County, MN are Spanish (65 speakers), Other (35 speakers), and Chinese (18 speakers), but compared to other places, Lake County, MN has a relative high number of Other (35 speakers), Scandinavian (15 speakers), and Hmong (11 speakers).

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Education

In 2015 universities in Hibbing & Cloquet Cities PUMA, MN awarded 919 degrees. The student population of Hibbing & Cloquet Cities PUMA, MN is skewed away from females, with 476 male students and 443 female students. Most students in Hibbing & Cloquet Cities PUMA, MN are White (802 and 87.3%), followed by Two or more races (42 and 4.57%), Black or African American (37 and 4.03%), and Hispanic or Latino (16 and 1.74%). The largest universities in Hibbing & Cloquet Cities PUMA, MN by number of graduates are Hibbing Community College (325 and 35.4%), Mesabi Range Community and Technical College (292 and 31.8%), and Vermilion Community College (211 and 23%). The most popular majors in Hibbing & Cloquet Cities PUMA, MN are Liberal Arts & Sciences (305 and 33.2%), Registered Nursing (76 and 8.27%), and General Natural Resources & Conservation (27 and 2.94%). The median tuition costs in Hibbing & Cloquet Cities PUMA, MN are N/A for private four year colleges, and N/A and N/A respectively, for public four year colleges for in-state students and out-of-state students.

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Housing & Living

The median property value in Lake County, MN is $157,700, which is 0.81 times smaller than the national average of $194,500. Between 2014 and 2015 the median property value increased from $155,100 to $157,700, a 1.68% increase. The homeownership rate of Lake County, MN is 79.9%, which is higher than the national average of 63.9%. People in Lake County, MN have an average commute time of 20.8 minutes, and they commute by Drove Alone. Car ownership in Lake County, MN is approximately the same as the national average, with an average of 2 cars per household.

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United States
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Minnesota
state
St. Louis (North), Koochiching, Lake & Cook Counties--Hibbing & Cloquet Cities PUMA
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