Burnsville, Minnesota Income Statistics
Burnsville 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.
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B
Burnsville Around average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Burnsville | Minnesota Avg | US Average |
|---|---|---|---|
| Median Household Income | $86,818 | $89,852 | $80,455 |
| Median Personal Income | $62,227 | $67,028 | $60,758 |
| Average Yearly Income Growth | 3.5% | 4.4% | 4.8% |
| Six-Figure Earners | 13.2% | 15.1% | 13.9% |
| $200k+ Households | 10.0% | 13.8% | 13.2% |
The median household income in Burnsville is about 3% lower than in Minnesota. Income has been growing slower in Burnsville (3.5%/yr) than in Minnesota (4.4%/yr).
About 13% of adults in Burnsville earn six figures ($100,000 or more) a year, lower than the Minnesota average of 15%.
Median Household Income 2009–2024 Trend
Median Household Income Over Time
Median household income in Burnsville, Minnesota grew by 35.1% from 2009 to 2024, reaching $86,818 in 2024. That's an average of about 3.5% per year.
Income Inequality and the Gender Pay Gap in Burnsville
| Metric | Burnsville | Minnesota Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.499 | 0.507 | 0.552 |
| Male Median Income | $66,611 | $74,898 | $69,667 |
| Female Median Income | $63,325 | $62,922 | $56,850 |
| Gender Pay Gap | 4.9% | 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 Burnsville, it is 0.499, 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 5% more than women's income in Burnsville, Minnesota. Over a 35-year career, a 5% wage gap accumulates to roughly $115,010 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Burnsville, Minnesota has narrowed from about 20% to 5% in 2024. Over that period the gap was widest at 20% in 2018. In dollar terms, the gap has narrowed by $7,241 since 2009.
Employment
| Metric | Burnsville | Minnesota Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 5.0% | 4.1% | 5.2% |
| Working from Home | 17.0% | 17.6% | 15.0% |
| Commute time (minutes) | 21 | 20 | 22 |
Approximately 1,764 people are unemployed in Burnsville, Minnesota.
The average commute time in Burnsville is 21 minutes, longer than the 20 minutes in Minnesota.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Burnsville, Minnesota has fallen from 7.5% to 5.0% in 2024. Over that period the rate fell as low as 4.5% in 2022.
Burnsville, MN Wealth Compared With Nearby Cities
Burnsville, MN is the 3rd largest of the 6 cities compared here, 64,463 residents against a local median of 55,585. Burnsville, MN sits close to the middle of its own neighbourhood. No measure below is more than 15% off the local median, so the choice between these cities turns on things this data does not capture.
The largest of those small differences is income growth, 14% below the local median at 3.5%/yr against 4.1%/yr. Burnsville, MN has the 4th highest income growth of the 6 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. |
|---|---|---|---|---|---|
| Burnsville, MN | 64,463 | $86,818 #5/6 | 3.5%/yr #4/6 | 5.0% #4/6 | 0.499 #5/6 |
| Bloomington, MN | 88,700 | $93,168 | 4.1%/yr | 4.8% | 0.503 |
| Apple Valley, MN | 55,585 | $98,234 | 2.2%/yr | 3.1% | 0.492 |
| Savage, MN | 32,874 | $126,034 | 3.1%/yr | 5.3% | 0.482 |
| Lakeville, MN | 74,391 | $138,357 | 4.3%/yr | 2.0% | 0.489 |
| Richfield, MN | 36,485 | $84,491 | 5.4%/yr | 5.3% | 0.477 |
Conclusion
Considering all these factors, Burnsville, Minnesota has an overall wealth index grade of B, making it somewhat better than Minnesota, and somewhat better than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Burnsville, Minnesota.
How Rich Is Burnsville, Minnesota?
Burnsville has a wealth index grade of B. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; a B grade means residents are quite well off compared to the U.S. average. The median household income is $86,818, about 3% lower than the Minnesota average of $89,852.
Are incomes growing in Burnsville, Minnesota?
Between 2009 and 2024, the median household income in Burnsville, Minnesota rose 35%, from $64,281 to $86,818. Over the same years, income here lagged behind Minnesota as a whole: +35% against +57%.
What was the median household income in Burnsville in 2023?
In 2023, the median household income in Burnsville, Minnesota was $84,525, down 3% from $87,130 in 2022. The Minnesota median that year was $88,324.
What was the median household income in Burnsville in 2020?
In 2020, the median household income in Burnsville, Minnesota was $76,376. By 2024 it had risen 14% to $86,818.
What is the Gini coefficient in Burnsville, Minnesota?
The Gini coefficient in Burnsville is 0.499. 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 Burnsville, Minnesota?
Since 2009, the income gap between men and women in Burnsville, Minnesota has narrowed from about 20% to 5% in 2024. Over that period the gap was widest at 20% in 2018. In dollar terms, the gap has narrowed by $7,241 since 2009.
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