Dakota County Minnesota Household Income
The Census ACS 1-year survey reports that the median household income for the Dakota County Minnesota area was $88,864 in 2019, the latest figures available. Dakota County median household income is $14,271 higher than the median Minnesota household income and $23,152 greater than the US median household income. 2020 county income data (including Dakota County median household income) will be released in September of 2021. Median family and per capita income for Dakota County are shown below.
Real Median Household Income for Dakota County Minnesota
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | $65,712 | +4.21% | +7.05% |
| Minnesota | $74,593 | +4.20% | +6.73% |
| Dakota County | $88,864 | +1.14% | +6.04% |
Trends in Dakota County, MN Real Median Household Income since 2005
The current median household income for Dakota is $88,864. Real median household income peaked in 2007 at $92,081 and is now $3,217 (3.49%) lower. From a post peak low of $79,630 in 2012, real median household income for Dakota has now grown by $9,234 (11.60%).
Real Median Household Income: Dakota County, Minnesota, National
Historical Inflation Adjusted Median Household Income for Dakota County
| Date | US | Minnesota | Dakota County |
|---|---|---|---|
| 2019 | $65,712 | $74,593 | $88,864 |
| 2018 | $63,059 | $71,589 | $87,866 |
| 2017 | $62,927 | $71,324 | $84,303 |
| 2016 | $61,383 | $69,887 | $83,804 |
| 2015 | $60,187 | $68,511 | $83,303 |
| 2014 | $58,001 | $66,458 | $82,383 |
| 2013 | $57,437 | $66,728 | $80,769 |
| 2012 | $57,307 | $65,713 | $79,630 |
| 2011 | $57,531 | $64,881 | $79,632 |
| 2010 | $58,809 | $65,170 | $81,679 |
| 2009 | $59,988 | $66,433 | $83,071 |
| 2007 | $62,717 | $68,974 | $92,081 |
| 2005 | $60,684 | $68,272 | $87,225 |
Dakota County Family Income
The ACS 1-year data shows the median family income for Dakota County was $109,606 in 2019. Compared to the median Minnesota family income, Dakota County median family income is $16,022 higher. As with the median household income data, 2020 family income data for Dakota County will be released in September of 2021.
Real Median Family Income for Dakota County Minnesota
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | $80,944 | +4.06% | +6.92% |
| Minnesota | $93,584 | +3.23% | +5.40% |
| Dakota County | $109,606 | +4.94% | +5.52% |
Trends in Dakota County, MN Real Median Family Income since 2005
At $109,606, the median family income for Dakota was at a new inflation adjusted high in 2019.
Real Median Family Income: Dakota County, Minnesota, National
Historical Inflation Adjusted Median Family Income for Dakota County
| Date | US | Minnesota | Dakota County |
|---|---|---|---|
| 2019 | $80,944 | $93,584 | $109,606 |
| 2018 | $77,786 | $90,653 | $104,448 |
| 2017 | $77,064 | $90,126 | $102,460 |
| 2016 | $75,707 | $88,792 | $103,871 |
| 2015 | $73,660 | $86,213 | $98,557 |
| 2014 | $71,246 | $84,251 | $99,969 |
| 2013 | $70,386 | $82,568 | $96,224 |
| 2012 | $69,752 | $82,005 | $98,249 |
| 2011 | $70,009 | $81,248 | $96,863 |
| 2010 | $71,221 | $81,816 | $96,667 |
| 2009 | $72,962 | $82,866 | $99,344 |
| 2007 | $75,612 | $85,499 | $108,914 |
| 2005 | $73,269 | $83,985 | $102,931 |
Dakota County Per Capita Income
The ACS 1-year survey shows the per capita income for Dakota County was $42,196 in 2019. Compared to the median Minnesota per capita income, Dakota County median per capita income is $3,171 higher. As with the median household and median family income numbers above, 2020 per capita income data for Dakota County will be released in September of 2021.
Real Per Capita Income for Dakota County Minnesota
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | $35,672 | +3.57% | +7.57% |
| Minnesota | $39,025 | +3.06% | +6.13% |
| Dakota County | $42,196 | +0.34% | +3.20% |
Trends in Dakota County, MN Real Per Capita Income since 2005
At $42,196, the per capita income for Dakota was at a new inflation adjusted high in 2019.
Real Per Capita Income: Dakota County, Minnesota, National
Historical Real Per Capita Income for Dakota County
| Date | US | Minnesota | Dakota County |
|---|---|---|---|
| 2019 | $35,672 | $39,025 | $42,196 |
| 2018 | $34,444 | $37,866 | $42,052 |
| 2017 | $33,788 | $37,708 | $41,909 |
| 2016 | $33,163 | $36,771 | $40,887 |
| 2015 | $32,351 | $36,069 | $39,590 |
| 2014 | $31,228 | $35,280 | $40,380 |
| 2013 | $30,982 | $34,471 | $38,888 |
| 2012 | $30,476 | $34,057 | $37,766 |
| 2011 | $30,425 | $33,497 | $37,519 |
| 2010 | $30,622 | $33,564 | $38,323 |
| 2009 | $31,545 | $34,401 | $38,619 |
| 2007 | $32,987 | $35,879 | $42,008 |
| 2005 | $32,854 | $35,758 | $41,374 |
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