County profile
Koochiching County, MN
United States · GDP 2024
#2222 of 3,127 US counties by GDP34th-percentile growthmore diversified than 47% of counties
EA Place Score
——methodology in progress
GDP 2024 (USD)
$642.7M
BEA · 2024
GDP growth (YoY)
+2.7%
BEA · 2024
Jobs tracked
3,520
Census CBP · 2023
Employers
367
Census CBP · 2023
Avg. wage
$55.7k
BLS QCEW · 2023
Population
11,587
Census PEP · 2025
Labor, income & education
Unemployment
7.0%
Median HH income
$66.9k±$6.3k
Bachelor's degree+
22.0%±2.7%
Poverty rate
10.9%±2.3%
Business applications
83 · 2025
Retail establishments
76
65.6/10k pop
Public companies headquartered here
SEC EDGAR · FMPCompanySectorRevenueEA
No public companies loaded for this state yet — universe expands with the full ingest.
HQ-based placement with total (global) headcount — local employment attribution needs firmographic data; the industry mix at right is measured county data (CBP).
Industry mix · employment
Health care25%
Retail trade23%
Manufacturing23%
Food & accommodation19%
Construction5%
Other services5%
share of top-6 sector employment · CBP 2023
Population & migration
Census PEP · 2020–2025
11,587
residents · 2025 · -3.7% since 2020
Income per capita $57.6k · BEA 2024
COMPONENTS OF CHANGE · 2021–2025
Domestic migration−16
International migration+2
Natural change−429
GDP trend
2019–2024 · nominal
$563.5M2019
$507.1M2020
$530.1M2021
$611.6M2022
$625.8M2023
$642.7M2024
Real estate & risk
FHFA · ACS · FEMA
Median home value
$156.6k±$6.9k
Median gross rent
$671/mo±$74/mo
Vacancy rate
20.9%±2.7%
Affordability
2.8× wages
Residential permits
$3.2M
33 units · 2.8/1k pop
FEMA risk score
31.5
HUD Fair Market Rent (2BR):$973/mo · 2026
TOP PERILS · FEMA NRI
Cold wave 73Landslide 71Winter weather 45
FHFA HOUSE PRICE INDEX · 2016–2025
1702016
1682017
1792018
1832019
1832020
2082021
2462022
2332023
2622024
2852025
RESIDENTIAL PERMITS · 2021–2025
↑ 43% since 2021232021
262022
292023
272024
332025
Transport access
BTS · FAA · USACE
Nearest interstate
199.0 km
I-35
Nearest freight rail
2.3 km
Freight rail
Nearest port
48.8 km
INTERNATIONAL FALLS
Nearest commercial airport
45.4 km
FALLS INTL/EINARSON FLD
Wage trend
BLS QCEW · 2019–2023$55.7k
avg. annual pay · +22% since 2019
Similar US counties
nearest by GDPNearby & same-state counties
by GDP rankThe read
What is the GDP of Koochiching?
Koochiching's economy produced $642.7M in 2024, growing 2.7% year over year — slower than 66% of US counties. Its largest employment sector is health care.
GDP: BEA (2024), USD-normalized · Jobs/employers/wages & industry mix: Census CBP (2023) · Population & migration: Census PEP · Income: BEA CAINC1 · Companies: SEC EDGAR + FMP, by HQ.