Household Income in Tract 460400, Lake of the Woods County, Minnesota (Tract)

Household Income Percentiles#1

Scope: households in Lake of the Woods County and Tract 460400
Tract 460400
Lake of the Woods County
$0k$20k$40k$60k$80k$100k%95th Percentile80th Percentile60th PercentileMedian40th Percentile20th Percentile$106,940.000000$106,032.000000$106,940.000000$106.9k197.521%198%$92,708.000000$86,300.000000$92,708.000000$92.7k171.234%171%$72,639.000000$57,674.000000$72,639.000000$72.6k134.166%134%$54,141.000000$45,732.000000$54,141.000000$54.1k100.000%100%$45,049.000000$38,625.000000$45,049.000000$45.0k83.207%83.2%$24,000.000000$20,987.000000$24,000.000000$24.0k44.329%44.3%

Relative Household Income Percentiles#2

Selected measures of household income in Tract 460400, as a percentage more or less than Lake of the Woods County at large.
Scope: households in Lake of the Woods County and Tract 460400
0%10%20%$ref.95th Percentile80th Percentile60th PercentileMedian40th Percentile20th Percentile0.856345%0.856345%0.9%$106,940.000000$106.9k$106,032.000000$106.0k7.425261%7.425261%7.4%$92,708.000000$92.7k$86,300.000000$86.3k25.947567%25.947567%25.9%$72,639.000000$72.6k$57,674.000000$57.7k18.387562%18.387562%18.4%$54,141.000000$54.1k$45,732.000000$45.7k16.631715%16.631715%16.6%$45,049.000000$45.0k$38,625.000000$38.6k14.356506%14.356506%14.4%$24,000.000000$24.0k$20,987.000000$21.0k

Household Income Interval Means#3

Scope: households in Lake of the Woods County and Tract 460400
Tract 460400
Lake of the Woods County
$0k$50k$100k%Mean of Top 5%Mean of Top 20%Mean of 4th QuintileMean of 3rd QuintileMean of 2nd QuintileMean of Bottom 20%$118,499.000000$118,430.000000$118,499.000000$118.5k218.871%219%$102,488.000000$100,080.000000$102,488.000000$102.5k189.298%189%$83,097.000000$72,726.000000$83,097.000000$83.1k153.483%153%$55,377.000000$46,436.000000$55,377.000000$55.4k102.283%102%$34,785.000000$29,612.000000$34,785.000000$34.8k64.249%64.2%$17,154.000000$13,796.000000$17,154.000000$17.2k31.684%31.7%

Relative Household Income Interval Means#4

Selected measures of household income in Tract 460400, as a percentage more or less than Lake of the Woods County at large.
Scope: households in Lake of the Woods County and Tract 460400
0%10%20%$ref.Mean of Top 5%Mean of Top 20%Mean of 4th QuintileMean of 3rd QuintileMean of 2nd QuintileMean of Bottom 20%0.058262%0.058262%0.1%$118,499.000000$118.5k$118,430.000000$118.4k2.406075%2.406075%2.4%$102,488.000000$102.5k$100,080.000000$100.1k14.260375%14.260375%14.3%$83,097.000000$83.1k$72,726.000000$72.7k19.254458%19.254458%19.3%$55,377.000000$55.4k$46,436.000000$46.4k17.469269%17.469269%17.5%$34,785.000000$34.8k$29,612.000000$29.6k24.340389%24.340389%24.3%$17,154.000000$17.2k$13,796.000000$13.8k

Shares of Household Income#5

By quintiles and the top 5%.
Scope: households in Lake of the Woods County and Tract 460400
Tract 460400
Lake of the Woods County
0%10%20%30%%Top 5%Top 20%4th Quintile3rd Quintile2nd QuintileBottom 20%10.110000%11.270000%10.110000%10.1%202.200000%202%34.990000%38.100000%34.990000%35.0%174.950000%175%28.370000%27.690000%28.370000%28.4%141.850000%142%18.910000%17.680000%18.910000%18.9%94.550000%95%11.880000%11.270000%11.880000%11.9%59.400000%59%5.860000%5.250000%5.860000%5.9%29.300000%29%

Relative Shares of Household Income#6

By quintiles and the top 5% in Tract 460400, as a percentage more or less than in Lake of the Woods County at large.
Scope: households in Lake of the Woods County and Tract 460400
10%5%0%5%10%%ref.Top 5%Top 20%4th Quintile3rd Quintile2nd QuintileBottom 20%-10.292813%-10.292813%10.3%10.110000%10%11.270000%11%-8.162730%-8.162730%8.2%34.990000%35%38.100000%38%2.455760%2.455760%2.5%28.370000%28%27.690000%28%6.957014%6.957014%7.0%18.910000%19%17.680000%18%5.412600%5.412600%5.4%11.880000%12%11.270000%11%11.619048%11.619048%11.6%5.860000%6%5.250000%5%

Household Income Distribution#7

Normalized with respect to a standard interval of $5k. Gray areas represent percentile bands from the tracts in Lake of the Woods County.
Scope: households in Lake of the Woods County, Tract 460400, and other tracts in Lake of the Woods County
Tract 460400
Lake of the Woods County
Percentile:
0th - 100th
10th - 90th
20th - 80th
30th - 70th
40th - 60th
0%2%4%6%8%10%Count%> $200k1$150-200k2$125-150k2$100-125k2$75-100k2$60-75k2$50-60k2$45-50k$40-45k$35-40k$30-35k$25-30k$20-25k$15-20k$10-15k< $10k200.000%0%00.000%0%101.124%1.12%576.404%6.40%27230.562%30.6%707.865%7.87%657.303%7.30%616.854%6.85%566.292%6.29%364.045%4.04%303.371%3.37%434.831%4.83%9510.674%10.7%596.629%6.63%101.124%1.12%262.921%2.92%

Median Household Income by Race#8

Scope: households in Lake of the Woods County and Tract 460400
Tract 460400
Lake of the Woods County
$0k$10k$20k$30k$40k$50k%All White1Non-Hispanic WhiteAll2$54,180.000000$45,268.000000$54,180.000000$54.2k100.072034%100%$54,180.000000$45,268.000000$54,180.000000$54.2k100.072034%100%$54,141.000000$45,732.000000$54,141.000000$54.1k100.000000%100%

Household Income Distribution by Race#9

Ethno-racial composition of the given household income intervals.
Scope: households in Tract 460400
White1
Hispanic2
Mixed3
Black3
Other3
Asian3
$125-150k$100-125k$75-100k$60-75k$50-60k$45-50k$40-45k$35-40k$30-35k$25-30k$20-25k$15-20k$10-15k< $10k100.000000%100%0.000000%0.000000%0.000000%0.000000%0.000000%20100.000000%100%0.000000%0.000000%0.000000%0.000000%0.000000%11494.485294%94%0.000000%5.514706%0.000000%0.000000%0.000000%529100.000000%100%0.000000%0.000000%0.000000%0.000000%0.000000%140100.000000%100%0.000000%0.000000%0.000000%0.000000%0.000000%130100.000000%100%0.000000%0.000000%0.000000%0.000000%0.000000%122100.000000%100%0.000000%0.000000%0.000000%0.000000%0.000000%112100.000000%100%0.000000%0.000000%0.000000%0.000000%0.000000%72100.000000%100%0.000000%0.000000%0.000000%0.000000%0.000000%6067.441860%67%0.000000%32.558140%33%0.000000%0.000000%0.000000%72100.000000%100%0.000000%0.000000%0.000000%0.000000%0.000000%190100.000000%100%0.000000%0.000000%0.000000%0.000000%0.000000%118100.000000%100%0.000000%0.000000%0.000000%0.000000%0.000000%2092.307692%92%0.000000%7.692308%8%0.000000%0.000000%0.000000%500%20%40%60%80%100%Count

Household Income by Tract in Lake of the Woods County

There are 2 tracts in Lake of the Woods County. This section compares Tract 460400 to all of the tracts in Lake of the Woods County and to those entities that contain or substantially overlap with Tract 460400.

Median Household Income by Tract#10

Scope: households in Tract 460400, selected other tracts in Lake of the Woods County, and entities that contain Tract 460400
$0k$20k$40k$60k%#MinnesotaUnited States of AmericaUnited StatesWest North Central460400Tract 460400MidwestLake of the Woods CountyLake of the Woods460300Tract 460300$63,217.000000$63,217.000000$63.2k+16.764%+16.8%$55,322.000000$55,322.000000$55.3k+2.181%+2.18%$54,907.000000$54,907.000000$54.9k+1.415%+1.41%$54,141.000000$54,141.000000$54.1k+0.000%0%1$53,593.000000$53,593.000000$53.6k-1.012%-1.01%$45,732.000000$45,732.000000$45.7k-15.532%-15.5%$38,811.000000$38,811.000000$38.8k-28.315%-28.3%2

Six-Figure Incomes by Tract#11

Percentage of households with incomes above $100k.
Scope: households in Tract 460400, selected other tracts in Lake of the Woods County, and entities that contain Tract 460400
< $25k
$25-50k
$50-100k
$100-200k
$200k+
50%0%Count#MinnesotaUnited States of AmericaUnited StatesWest North CentralMidwest460400Tract 460400Lake of the Woods CountyLake of the Woods460300Tract 460300-32.746252%-21.464331%-18.029045%-72.239628%72%22.010715%5.749657%27.760372%28%592,770593k-29.966666%-23.121086%-22.339882%-75.427634%75%18.905615%5.666751%24.572366%25%28,925,66528.9M-32.232702%-24.274685%-21.257181%-77.764568%78%18.024942%4.210490%22.235432%22%1,833,6341.83M-31.411728%-24.244948%-22.410939%-78.067616%78%17.679798%4.252586%21.932384%22%5,775,7825.78M-45.730337%-25.393258%-21.348315%-92.471910%92%7.528090%0.000000%7.528090%8%671-39.136041%-27.788524%-26.756931%-93.681496%94%6.318504%0.000000%6.318504%6%98-30.257186%-31.013616%-34.039334%-95.310136%95%4.689864%0.000000%4.689864%5%312

Mean Household Income of the Top 5% by Tract#12

Scope: households in Tract 460400, selected other tracts in Lake of the Woods County, and entities that contain Tract 460400
$0k$100k$200k$300k%#United States of AmericaUnited StatesMinnesotaMidwestWest North Central460400Tract 460400Lake of the Woods CountyLake of the Woods460300Tract 460300$358,316.000000$358,316.000000$358.3k+202.379%+202%$352,868.000000$352,868.000000$352.9k+197.781%+198%$317,962.000000$317,962.000000$318.0k+168.325%+168%$316,318.000000$316,318.000000$316.3k+166.937%+167%$118,499.000000$118,499.000000$118.5k+0.000%0%1$118,430.000000$118,430.000000$118.4k-0.058%-0.06%$116,530.000000$116,530.000000$116.5k-1.662%-1.66%2

Definitions

  • Household Income: total income from all people in the household
  • Median: in terms of income, it is the income for which 50% of households have a lower income, and 50% have a higher income
  • Percentile: for example, the 80th percentile of household income is the income for which 80% of household have a lower income and 20% have a higher income
  • Quintile: a quintile is 20% of a population, grouped by percentile; for example, the 2nd quintile is all members of a population between the 20th and 40th percentiles
  • Gini Index: a statistical measure of how unevenly income is distributed in a population (ranging from 0% to 100%, the higher the number, the greater the inequality)

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