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Dakota County, MN

Migration of people and income, 20222023 filing years

At a glance (2023)

Cost of living
104
4% above the U.S. average
Median home value
$362,100
national $303,400
Home prices, 5 years
+36.3%
over the 5 years to 2023
Monthly rent
$1,497
national $1,348
Homeownership
75%
national 65%
Unemployment
2.5%
national 3.6%
Household income
$105,212
national $78,538
Median age
38.4 yrs
national 38.7

Cost of living is the metro-area price level for Minneapolis-St. Paul-Bloomington, MN-WI.

The cost of living runs about 4% above the national average. The median home is valued at $362,100 (nominal). Home prices have risen about 36% over the five years to 2023. Median rent is about $1,497 a month. Unemployment averaged 2.5% in 2023 (national 3.6%). Median household income is $105,212. These figures describe all residents, not just tax filers, come from separate sources than the migration data on this page, and do not indicate why anyone moved.

Between the 2022 and 2023 filing years, Dakota County, MN saw a net gain of 672 tax-filing households and a net gain of 1,484 individuals. Against a population of about 447,440, that is a net inflow of about 3.3 per 1,000 residents. On net, the area gained $62.3M in associated adjusted gross income (AGI, nominal dollars). The largest inflow, about 3,836 households, came from Hennepin County; the largest outflow, about 3,217 households, went to Hennepin County. In the prior (2022) filing year, the area saw a net loss of 133 individuals. These figures cover federal income tax filers only and do not indicate why people moved.

Net income (AGI)
+$62.3M
nominal dollars
Net households
+672
tax returns
Net people
+1,484
exemptions

+3.3 net people per 1,000 residents (population 447,440)

Income (AGI) in and out

Moved in$1.1B
Moved out$1B
Net +$62.3M (nominal)
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Dakota County within Minnesota

Dakota County is outlined, with arrows tracing its largest moves to and from other Minnesota counties. Hover any county for its figures; click to open it.

Net outNet in(AGI $)
Hover an area to trace its top 5 inbound (in) and outbound (out) moves.
Net income (AGI) that moved in minus out, in nominal dollars (not adjusted for inflation).Net tax returns (filing households) that moved in minus out.Net people per 1,000 residents, so larger and smaller areas compare fairly.
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Where movers came from

  1. 1Hennepin County, MN3,836$364M
  2. 2Ramsey County, MN2,401$151.4M
  3. 3Scott County, MN964$74.6M
  4. 4Washington County, MN925$62.8M
  5. 5Anoka County, MN368$20.9M
  6. 6Rice County, MN325$31.6M
  7. 7Olmsted County, MN197$14.7M
  8. 8Goodhue County, MN148$9.6M
  9. 9Carver County, MN140$10.6M
  10. 10St. Louis County, MN122$6.6M
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Where movers went

  1. 1Hennepin County, MN3,217$202.7M
  2. 2Ramsey County, MN1,782$90.6M
  3. 3Scott County, MN1,022$98.5M
  4. 4Washington County, MN996$77.7M
  5. 5Anoka County, MN410$26.1M
  6. 6Rice County, MN297$22.2M
  7. 7Maricopa County, AZ191$20.3M
  8. 8Carver County, MN158$17.5M
  9. 9Goodhue County, MN155$10.4M
  10. 10St. Croix County, WI142$11.8M
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Churn by county · both directions at once

The biggest two-way exchanges of filing households, 20222023. Moved in and moved out are gross one-way counts; net is the difference. Click a column to sort.

Hennepin County, MN3,8363,217+619+$161.3M
Ramsey County, MN2,4011,782+619+$60.8M
Scott County, MN9641,022-58-$23.9M
Washington County, MN925996-71-$14.9M
Anoka County, MN368410-42-$5.2M
Rice County, MN325297+28+$9.4M
Olmsted County, MN197125+72+$3.8M
Maricopa County, AZ121191-70-$10.1M
Goodhue County, MN148155-7-$786K
Carver County, MN140158-18-$6.8M
St. Croix County, WI102142-40-$4.1M
St. Louis County, MN122102+20+$964K

Counts are filing households (IRS returns), matching the lists above; income is nominal AGI. A dash means the IRS published only one direction of that exchange (small flows are suppressed), so no net is computed.

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Net migration by year

Net 2012–2023: -$963.4M (+8,568 people)
20122023
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Net AGI and net people by year (nominal dollars)
YearNet AGINet people
2012-$55.9M+565
2013-$85M+1,007
2014-$52.7M-805
2015-$104.6M-656
2016-$82.5M+856
2017-$27.6M+2,555
2018-$23.4M+3,698
2019-$91.7M+561
2020-$119.5M-82
2021-$194.3M-482
2022-$188.6M-133
2023+$62.3M+1,484
Migration in context

How big is this move, relative to the county?

In the 20222023 filing year, about 1,484 more people moved into Dakota County, MN than left (counting tax filers and their dependents) — a net gain of about $62.3M in income (nominal) — in a county of 448,612 people.

Population
448,612
Census 2023 estimate
Net migration rate
+3.3
net people per 1,000 residents
A town of 10,000 would net about +33 people.
Net income per resident
+$139
nominal dollars
+$62.3M total across 448,612 residents.

The rate lets you compare Dakota County, MN with a countyof any size: it’s the net flow divided by population. The IRS counts tax filers; population counts all residents, so read the rate as a scale indicator, not a literal share of people.

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Components of population change · 2023 (Census)

Where the county’s overall change came from. Census counts all residents; the IRS migration above is one slice of the domestic-migration component.

Births
+4,880
Deaths
-3,247
Net domestic migration
+1,137
Net international migration
+1,947
Total change
+4,589

Source: U.S. Census Bureau, Population Estimates Program. Figures are people, not tax filers.

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Income & cost of living

What a dollar is worth here

Prices around Dakota County, MN run about 4% above the national average. In plain terms: $100 spent here buys about what $96 buys in the average American community. The figures below apply that to income, each compared to the U.S. average of $70,002 per person.

Income per person
$75,018
what people here earn (BEA 2023, nominal)
7% above the U.S. average
Price level
104.3
100 = U.S. average prices (BEA price parity)
everyday costs about 4.3% higher than average
What that income buys
$71,924
local income restated at U.S.-average prices
3% above the U.S. average
Cheaper than U.S. avgU.S. average (100)Pricier

Cost of living shown for the Minneapolis-St. Paul-Bloomington, MN-WI metro area (BEA publishes price parities by metro, not by county).

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Where the cost comes from · price parity by category

Index where 100 = U.S. average for that category. Housing is usually what separates one place from another.

Housing & rents110.3
Goods104.5
Utilities89.8
Other services103.1

Housing is measured from rents (including an estimated rental value for owner-occupied homes), so a run-up in purchase prices shows here only as it reaches rents. Source: U.S. Bureau of Economic Analysis. Covers all residents, a separate universe from the IRS filer income above. How the data works.

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Who lives here

The people of Dakota County, MN

American Community Survey, 2019–2023 (a 5-year average of all residents, not just tax filers).

Median age
38.4
years
Median household income
$105,212
per household (ACS 2019–2023, nominal)
34% above the U.S. median
College degree
45%
adults 25+ with a bachelor's or higher
Poverty rate
5.6%
residents below the poverty line
Average commute
24 min
mean travel time to work
Broadband at home
94%
households with any broadband
Race and ethnicity (share of residents)
White 74%Hispanic 8%Black 7%Asian 5%Other 5%

White, Black, and Asian counts are people who are not Hispanic or Latino; Hispanic or Latino can be of any race. Shares are rounded and may not total 100.

Source: U.S. Census Bureau, American Community Survey 5-year estimates. Covers all residents, a separate universe from the IRS filer data. A 5-year estimate is an average over 2019–2023; compare years at least five apart, since consecutive windows overlap. How the data works.

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Housing · what it costs to live here (ACS 2019–2023)

Median home value
$362,100
owner-occupied homes
19% above the U.S. median
Median rent
$1,497
gross rent per month
11% above the U.S. median
Homeownership
75%
of occupied homes are owner-occupied
Home-price appreciation · FHFA index, 2023
Past year
+3.0%
price change, 2022 to 2023
Past 5 years
+36%
price change, 2018 to 2023

A repeat-sales index (how much the same homes changed in price), so it tracks the market over time rather than the current level. Source: Federal Housing Finance Agency, annual all-transactions HPI; the county series is FHFA’s developmental index.

New home construction · building permits, 2023
2,718new housing units authorized in 2023
Single-family 43%Multifamily 57%

Units authorized by residential building permits (new supply), summed from counties for the state and U.S. Permits are authorizations, not completions. Source: U.S. Census Bureau, Building Permits Survey.

Home value is what owners estimate their homes are worth, not recent sale prices. Source: U.S. Census Bureau, American Community Survey 5-year estimates (2019–2023), nominal dollars. How the data works.

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Local economy & risk

Jobs and natural hazards

Unemployment rate
2.5%
BLS 2023 annual average
Labor force
249,045
242,833 employed
Disaster declarations
major federal, 2023

Sources: U.S. Bureau of Labor Statistics (LAUS) and FEMA. A disaster declaration marks federal assistance eligibility, not damage severity, and says nothing about why anyone moved. How the data works.

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Unemployment now
3.6%
April 2026 · ▲ 0.5 points vs April 2025
January 2024April 2026

Source: U.S. Bureau of Labor Statistics (LAUS). Monthly unemployment for this county, not seasonally adjusted. Updated every month, so it moves faster than the annual average above. How the data works.

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How Dakota County, MN has voted. Certified returns, popular vote only. This is a separate dataset from the migration figures on this page.

YearDemocraticRepublicanOtherMarginTotal
2024143,267109,9956,543D +12.8259,805
2020146,155109,6386,466D +13.9262,259
2016110,48399,58321,374D +4.7231,440
2012116,255109,5165,050D +2.9230,821
2008116,778104,3644,330D +5.5225,472
2004104,635108,9592,252R +2.0215,846
200085,44687,2509,553R +1.0182,249

Source: MIT Election Data and Science Lab county returns (CC0). Margins are the popular-vote gap as a share of all votes cast.

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