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Lakefield city: Median Household Income Trend

How Lakefield city's median household income changed from 2017 to 2023, based on U.S. Census Bureau ACS 5-Year Estimates. The 2019 vintage reflects the pre-COVID peak; 2021 captures the immediate COVID-era disruption; 2022–2023 show the recovery.

2017
$53,550
2023
$62,656
Total change
+$9,106
% change
+17%
Year Median Household Income Change
2017 $53,550
2019 $51,944 $1,606 (-3%)
2020 $53,914 +$1,970 (3.8%)
2021 $56,212 +$2,298 (4.3%)
2022 $58,977 +$2,765 (4.9%)
2023 $62,656 +$3,679 (6.2%)

Other Lakefield city Trends