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Management Analysis

Median Household Income

Why this is important
Income is an indicator of the quality of life residents enjoy and the possibility that an area might attract entrepreneurial investments, such as new businesses and development.  Income refers to the amount of money individuals and households earn in a year.

What the data show
This chart shows inflation-adjusted median household income of the seven Twin Cities metro area counties, comparing 2000 and 2012.  In 2012, median household income in Dakota County (at $71,382) ranked in the middle of the seven metropolitan-area counties.  After being adjusted for inflation (2012 dollars), all seven metro counties experienced a decline in median household income between 2000 and 2012.  

 

 

The chart below displays the same median household income data in a different way.



Last updated: 5/15/2014 9:07 AM