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 figure shows inflation-adjusted median household income of the seven Twin Cities metro area counties. In 2011, median household income in Dakota County (at $69,508) ranked in the middle of the seven metropolitan-area counties. Five of the seven counties experienced an increase in median household income between 2010 and 2011, except for Anoka (-3.3%), and Washington (-1.0%) counties. Dakota County has a diversity of industries and is therefore protected from the economic downturn, that helped Dakota County’s median household income to be more stable (unchanged) during the last three years.