EconPulse

county

Lake County, Minnesota

MN · population 10,879 · GEOID 27075

No score yet. It is computed when the file is built.

Median gross rent is better than the national figure.

U.S. Census Bureau · American Community Survey 5-Year · B01003 · 2020-2024 · pulled 2026-10-31

data 2026.10 · built 2026-10-31 · pulled 2026-10-31

Population

10,879

0.19% of Minnesota · 10,879 of 5,739,445

Receipt U.S. Census Bureau · American Community Survey 5-Year · B01003 · 2020-2024 · pulled 2026-10-31

Unemployment

4.1%

+0.1 pts above the United States

2024-012026-09

This placeUnited States

Table, 32 periods
Unemployment, against United States
PeriodThis placeUnited StatesMargin
2024-014.0%4.1%—
2024-024.3%4.2%—
2024-033.6%3.9%—
2024-043.0%3.5%—
2024-052.9%3.7%—
2024-063.4%4.3%—
2024-073.3%4.5%—
2024-083.0%4.4%—
2024-092.7%3.9%—
2024-102.6%3.9%—
2024-113.4%4.0%—
2024-123.7%3.8%—
2025-014.8%4.4%—
2025-025.0%4.5%—
2025-034.7%4.2%—
2025-043.9%3.9%—
2025-054.0%4.0%—
2025-063.9%4.4%—
2025-073.5%4.6%—
2025-083.5%4.5%—
2025-093.5%4.3%—
2025-114.6%4.3%—
2025-125.0%4.1%—
2026-016.0%4.7%—
2026-026.1%4.7%—
2026-035.5%4.3%—
2026-044.3%4.0%—
2026-054.1%4.1%—
2026-064.4%4.4%—
2026-074.1%4.4%—
2026-084.4%4.3%—
2026-094.1%4.0%—

Receipt U.S. Bureau of Labor Statistics · Local Area Unemployment Statistics · LAUCN270750000000003 · 2026-09 · pulled 2026-10-31

Median gross rent

$1,093

better than the United States

This place $1,093
Minnesota $1,280
United States $1,413

Receipt U.S. Census Bureau · American Community Survey 5-Year · B25064 · 2020-2024 · pulled 2026-10-31

Output

$564.7M

−15.4% vs 2023

20162024
Table, 9 periods
Output
PeriodOutputMargin
2016$486.1M—
2017$516.7M—
2018$569.6M—
2019$584.6M—
2020$536.8M—
2021$561.5M—
2022$599.1M—
2023$667.9M—
2024$564.7M—

Minnesota $507.7B · this place is 0.11% of the state

This measure has no national series.

Receipt U.S. Bureau of Economic Analysis · BEA Regional, CAGDP2 · CAGDP2-1 · 2024 · pulled 2026-10-31

Federal obligations

$37,500

−98.1% vs FY2025

FY2021FY2026
Table, 6 periods
Federal obligations
PeriodFederal obligationsMargin
FY2021$3.7M—
FY2022$1.8M—
FY2023$2.5M—
FY2024$2.3M—
FY2025$2.0M—
FY2026$37,500—

This measure has no state or national series.

Receipt USAspending.gov · Federal award obligations by county · spending_by_geography · FY2026 · pulled 2026-10-31

More about this place

Median age 49.4 U.S. Census Bureau · 2020-2024
Bachelor's degree or higher 26.8% U.S. Census Bureau · 2020-2024
Poverty rate 8.6% U.S. Census Bureau · 2020-2024
Labor force participation 55.0% U.S. Census Bureau · 2020-2024
Median home value $241,300 U.S. Census Bureau · 2020-2024
Median household income $75,541 U.S. Census Bureau · 2020-2024
Unemployment rate, five-year average 2.6% U.S. Census Bureau · 2020-2024
Consumer price index (United States) 336 U.S. Bureau of Labor Statistics · 2026-09-01
30-year fixed mortgage rate (United States) 7.2% Freddie Mac · 2026-10-29
Share of Minnesota 0.19% U.S. Census Bureau · 2020-2024