Economy & Jobs — Lafayette, Minnesota

Income & Employment

Median Household Income (Census)$88,750
Estimated 2026~$108,800
Per Capita Income$37,980
Poverty Rate3.9%
Unemployment Rate0.0%
In Labor Force299

Top Industries

IndustryShare
Education Healthcare21.7%
Manufacturing21.1%
Retail12.2%

Local Businesses (County)

TypeCount
Fast Food20
Auto Repair15
Full Service Restaurants15
Gas Stations10
Insurance Agencies10
Child Day Care10
Real Estate Offices9
Dental Offices7
Commercial Banks6
Chiropractors6
Law Offices5
Physician Offices5
Grocery Stores4
General Merchandise4
Beauty Salons4
Sources: Census ACS 5-Year 2023; BLS QCEW 2023; Census ACS 5-Year 2023, B19013.