Department of Numbers

Dakota County Minnesota Household Income

The Census ACS 1-year survey reports that the median household income for the Dakota County Minnesota area was $93,786 in 2021, the latest figures available. Dakota County median household income is $16,066 higher than the median Minnesota household income and $24,069 greater than the US median household income. 2022 county income data (including Dakota County median household income) will be released in September of 2023. Median family and per capita income for Dakota County are shown below.

Note: 2020 data is interpolated as the ACS release for the year was incomplete due to data gathering issues related to the pandemic.

Show dollars as: Nominal Real

Real Median Household Income for Dakota County Minnesota

2021 1 Year Change 3 Year Change
US $69,717 -1.64% +4.32%
Minnesota $77,720 -2.50% +2.44%
Dakota County $93,786 -1.89% +0.72%

Trends in Dakota County, MN Real Median Household Income since 2005

The current median household income for Dakota is $93,786. Real median household income peaked in 2007 at $97,585 and is now $3,799 (3.89%) lower. From a post peak low of $84,389 in 2012, real median household income for Dakota has now grown by $9,397 (11.14%).

Real Median Household Income: Dakota County, Minnesota, National

Historical Inflation Adjusted Median Household Income for Dakota County

Date US Minnesota Dakota County
2021 $69,717 $77,720 $93,786
2020 $70,877 $79,713 $95,590
2019 $69,638 $79,050 $94,174
2018 $66,828 $75,868 $93,117
2017 $66,687 $75,587 $89,340
2016 $65,052 $74,063 $88,812
2015 $63,784 $72,604 $88,280
2014 $61,468 $70,431 $87,308
2013 $60,869 $70,716 $85,596
2012 $60,732 $69,639 $84,389
2011 $60,969 $68,758 $84,390

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Dakota County Family Income

The ACS 1-year data shows the median family income for Dakota County was $116,042 in 2021. Compared to the median Minnesota family income, Dakota County median family income is $16,475 higher. As with the median household income data, 2022 family income data for Dakota County will be released in September of 2023.

Show dollars as: Nominal Real

Real Median Family Income for Dakota County Minnesota

2021 1 Year Change 3 Year Change
US $85,806 -1.68% +4.09%
Minnesota $99,567 -1.50% +3.64%
Dakota County $116,042 -1.74% +4.84%

Trends in Dakota County, MN Real Median Family Income since 2005

The current median family income for Dakota is $116,042. Real median family income peaked in 2020 at $118,093 and is now $2,051 (1.74%) lower.

Real Median Family Income: Dakota County, Minnesota, National

Historical Inflation Adjusted Median Family Income for Dakota County

Date US Minnesota Dakota County
2021 $85,806 $99,567 $116,042
2020 $87,269 $101,085 $118,093
2019 $85,780 $99,176 $116,155
2018 $82,434 $96,070 $110,690
2017 $81,669 $95,512 $108,583
2016 $80,231 $94,098 $110,078
2015 $78,061 $91,365 $104,446
2014 $75,505 $89,287 $105,945
2013 $74,593 $87,503 $101,974
2012 $73,920 $86,906 $104,120
2011 $74,192 $86,103 $102,651

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Dakota County Per Capita Income

The ACS 1-year survey shows the per capita income for Dakota County was $45,630 in 2021. Compared to the median Minnesota per capita income, Dakota County median per capita income is $3,877 higher. As with the median household and median family income numbers above, 2022 per capita income data for Dakota County will be released in September of 2023.

Show dollars as: Nominal Real

Real Per Capita Income for Dakota County Minnesota

2021 1 Year Change 3 Year Change
US $38,332 -1.03% +5.01%
Minnesota $41,753 -1.23% +4.05%
Dakota County $45,630 -0.73% +2.39%

Trends in Dakota County, MN Real Per Capita Income since 2005

The current per capita income for Dakota is $45,630. Real per capita income peaked in 2020 at $45,964 and is now $334 (0.73%) lower.

Real Per Capita Income: Dakota County, Minnesota, National

Historical Real Per Capita Income for Dakota County

Date US Minnesota Dakota County
2021 $38,332 $41,753 $45,630
2020 $38,730 $42,275 $45,964
2019 $37,803 $41,357 $44,717
2018 $36,503 $40,129 $44,565
2017 $35,807 $39,962 $44,414
2016 $35,145 $38,969 $43,330
2015 $34,284 $38,224 $41,956
2014 $33,094 $37,389 $42,794
2013 $32,833 $36,531 $41,212
2012 $32,297 $36,092 $40,023
2011 $32,243 $35,498 $39,761

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