Apple Valley, Minnesota Income Statistics
Apple Valley Wealth Score
The wealth index reflects the overall economic prosperity and financial well-being of an area's residents based on income levels, employment rates, and income inequality metrics.
-
A
Apple Valley Above average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Apple Valley | Minnesota Avg | US Average |
|---|---|---|---|
| Median Household Income | $98,234 | $89,852 | $80,455 |
| Median Personal Income | $72,738 | $67,028 | $60,758 |
| Average Yearly Income Growth | 2.2% | 4.4% | 4.8% |
| Six-Figure Earners | 17.7% | 15.1% | 13.9% |
| $200k+ Households | 15.5% | 13.8% | 13.2% |
The median household income in Apple Valley is about 9% higher than in Minnesota. Income has been growing slower in Apple Valley (2.2%/yr) than in Minnesota (4.4%/yr).
About 18% of adults in Apple Valley earn six figures ($100,000 or more) a year, higher than the Minnesota average of 15%.
Median Household Income 2009–2024 Trend
Median Household Income Over Time
Median household income in Apple Valley, Minnesota grew by 26.2% from 2009 to 2024, reaching $98,234 in 2024. That's an average of about 2.2% per year.
Income Inequality and the Gender Pay Gap in Apple Valley
| Metric | Apple Valley | Minnesota Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.492 | 0.507 | 0.552 |
| Male Median Income | $85,303 | $74,898 | $69,667 |
| Female Median Income | $68,065 | $62,922 | $56,850 |
| Gender Pay Gap | 20.2% | 16.0% | 18.4% |
The Gini coefficient measures how evenly income is shared between richer and poorer households, from 0 (everyone earns the same) to 1 (one household earns nearly everything). The lower the number, the more equally income is distributed. In Apple Valley, it is 0.492, lower than Minnesota's 0.507, so income is more evenly distributed here than there, and lower than the US's 0.552, so income is more evenly distributed here than there.
Men's income is about 25% more than women's income in Apple Valley, Minnesota. Over a 35-year career, a 25% wage gap accumulates to roughly $603,330 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Apple Valley, Minnesota has narrowed from about 23% to 20% in 2024. Over that period the gap was widest at 29% in 2014, and was narrowest at 18% in 2019. In dollar terms, the gap has widened by $3,566 since 2009.
Employment
| Metric | Apple Valley | Minnesota Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 3.1% | 4.1% | 5.2% |
| Working from Home | 22.4% | 17.6% | 15.0% |
| Commute time (minutes) | 22 | 20 | 22 |
Approximately 928 people are unemployed in Apple Valley, Minnesota.
The average commute time in Apple Valley is 22 minutes, longer than the 20 minutes in Minnesota.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Apple Valley, Minnesota has fallen from 6.2% to 3.1% in 2024. Over that period the rate peaked at 6.3% in 2012 and fell as low as 3.1% in 2018.
Apple Valley, MN Wealth Compared With Nearby Cities
Apple Valley, MN is the smallest of the 4 cities compared here, 55,585 residents against a local median of 67,819. Apple Valley, MN's income growth, at 2.2%/yr, runs 38% below the 3.5%/yr typical of the cities around it. That is the weaker end of the local range on this measure.
Unemployment tells the same story from another angle: 3.1% against a local median of 3.7%, 15% below it. The picture is mixed rather than uniform: unemployment runs ahead of the neighbourhood while income growth runs behind it, so Apple Valley, MN is trading one against the other rather than simply out-performing what surrounds it. The cities themselves sit within 0.8%/yr of each other on income growth, a tighter band than the gap between any of them and Apple Valley, MN, which makes it a genuine outlier here rather than one end of a wide local spread. Apple Valley, MN has the 4th highest income growth of the 4 areas compared here.
| Area | Population | Median household income | Income growthAverage yearly change in median household income since 2016. Each year is measured in its own dollars, so this is growth before inflation. | Unemployment | Income inequalityGini coefficient: 0 would mean every household earns the same, 1 that a single household earns everything. The lower the number, the more equally income is shared here. |
|---|---|---|---|---|---|
| Apple Valley, MN | 55,585 | $98,234 #3/4 | 2.2%/yr #4/4 | 3.1% #2/4 | 0.492 #3/4 |
| Eagan, MN | 67,819 | $110,130 | 3.5%/yr | 3.7% | 0.487 |
| Burnsville, MN | 64,463 | $86,818 | 3.5%/yr | 5.0% | 0.499 |
| Lakeville, MN | 74,391 | $138,357 | 4.3%/yr | 2.0% | 0.489 |
Conclusion
Considering all these factors, Apple Valley, Minnesota has an overall wealth index grade of A, making it somewhat better than Minnesota, and notably better than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Apple Valley, Minnesota.
How Wealthy Is Apple Valley, Minnesota?
Apple Valley has a wealth index grade of A. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; an A grade means residents are much better off than the U.S. average. The median household income is $98,234, about 9% higher than the Minnesota average of $89,852.
How fast is household income rising in Apple Valley, Minnesota?
Between 2009 and 2024, the median household income in Apple Valley, Minnesota rose 26%, from $77,826 to $98,234. Over the same years, income here lagged behind Minnesota as a whole: +26% against +57%.
What was the median household income in Apple Valley in 2023?
In 2023, the median household income in Apple Valley, Minnesota was $99,588, up 2% from $97,591 in 2022. The Minnesota median that year was $88,324.
What was the median household income in Apple Valley in 2020?
In 2020, the median household income in Apple Valley, Minnesota was $91,297. By 2024 it had risen 8% to $98,234.
What is the Gini coefficient in Apple Valley, Minnesota?
The Gini coefficient in Apple Valley is 0.492. It measures income inequality on a scale from 0 (everyone earns the same) to 1 (one household earns everything). That is lower than the US average of 0.552, so income is distributed more equally than in the country overall.
How has the income gap between men and women changed in Apple Valley, Minnesota?
Since 2009, the income gap between men and women in Apple Valley, Minnesota has narrowed from about 23% to 20% in 2024. Over that period the gap was widest at 29% in 2014, and was narrowest at 18% in 2019. In dollar terms, the gap has widened by $3,566 since 2009.
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