Economy & Jobs — Lake City, Minnesota
Income & Employment
| Median Household Income (Census) | $72,244 |
|---|
| Estimated 2026 | ~$86,700 |
|---|
| Per Capita Income | $42,584 |
|---|
| Poverty Rate | 5.9% |
|---|
| Unemployment Rate | 0.6% |
|---|
| In Labor Force | 2,603 |
|---|
Top Industries
| Industry | Share |
|---|
| Education Healthcare | 31.5% |
| Manufacturing | 20.2% |
| Arts Food | 11.0% |
Local Businesses (County)
| Type | Count |
|---|
| Full Service Restaurants | 30 |
| Fast Food | 30 |
| Insurance Agencies | 28 |
| Commercial Banks | 22 |
| Auto Repair | 21 |
| Gas Stations | 19 |
| Dental Offices | 18 |
| Real Estate Offices | 17 |
| Chiropractors | 15 |
| Liquor Stores | 13 |
| Beauty Salons | 13 |
| Grocery Stores | 12 |
| Law Offices | 11 |
| Physician Offices | 9 |
| Hotels Motels | 9 |
Sources: Census ACS 5-Year 2023; BLS QCEW 2023; Census ACS 5-Year 2023, B19013.
