Age of householder
Per the latest American Community Survey by the Census Bureau, Cass Lake sees its highest median household income among householders in the age group of 45 to 64 years old, at $65,080. Here are the key highlights for income distribution by age:
- In terms of income distribution across age cohorts, in Cass Lake, where there exist only two delineated age groups, the median household income is $65,080 for householders within the 45 to 64 years age group, compared to $27,923 for the 25 to 44 years age group.
- Notably, household income for individuals within the 45 to 64 years age group demonstrated a remarkable increase of $15,229(30.55%), escalating from a median of $49,851 in 2011 to $65,080 in 2021.
- 11(4.60%) households where the householder is under 25 years old.
- 80(33.47%) households with a householder aged between 25 and 44 years.
- 59(24.69%) households with a householder aged between 45 and 64 years.
- 89(37.24%) households where the householder is over 65 years old.
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Gender
In Cass Lake, the population consists of 277 males (49.64%) and 281 females (50.36%). Here are the primary highlights from the gender-based income distribution analysis:
- In Cass Lake, the median income for all workers aged 15 years and older, regardless of work hours, was $17,179 for males and $34,936 for females.
- However, when specifically considering full-time, year-round workers within the same age group, the median income was $32,728 for males and $62,362 for females.
- In Cass Lake, the median income for all workers aged 15 years and older, regardless of work hours, was $17,179 for males and $34,936 for females.
- In Cass Lake, among full-time, year-round workers aged 15 years and older, males earned a median income of $32,728, while females earned $62,362
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Race
In Cass Lake, the population is predominantly American Indian and Alaska Native, constituting 61.65% of the total residents. Here are the key highlights from the analysis of income distribution by race:
- The median household income for American Indian and Alaska Native households is $29,725.
- In Cass Lake, despite the American Indian and Alaska Native population being the most populous, it is worth noting that White households actually reports the highest median household income, with a median income of $60,531. This reveals that, while American Indian and Alaska Natives may be the most numerous in Cass Lake, White households experience greater economic prosperity in terms of median household income.
- In Cass Lake, the median household income for the households where the householder is White increased by $17,626(41.08%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $42,905 in 2011 and $60,531 in 2021.
- Even though there is a population where the householder is Black or African American, there was no median household income reported by the U.S. Census Bureau for both 2011 and 2021.
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Year by year
Cass Lake, MN median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Cass Lake increased by $8,910 (27.44%), as per the American Community Survey estimates.
- Between 2010 and 2021, median household income, adjusted for 2022 inflation, experienced growth year by year for 4 years and declined for 7 years.
- The most significant year-by-year growth occured from 2019 to 2020, when the median household income increased by 105,039 (from $25,745 to $130,784). Similarly the most substantial year-by-year decline occured from 2020 to 2021, when the median household income decreased by 89,406 (from $130,784 to $41,378).
- It then further increased to $68,908 for 5-person households, the largest household size for which the bureau reported a median household income.
- With a Gini coefficient of 0.4356, it is evident that income distribution in Cass Lake, MN exihibits characterstics of moderate inequality .
- NA. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $29,390.
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