Freeborn County, Minnesota Income Statistics
Freeborn County Wealth Score
The wealth index reflects the overall economic prosperity and financial well-being of a county's residents based on income levels, employment rates, and income inequality metrics.
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B
Freeborn County Around averageLess wealthy than 77% of counties in Minnesota
Source: Map AI Methodology
Income Statistics Overview
| Metric | Freeborn County | Minnesota Avg | US Average |
|---|---|---|---|
| Median Household Income | $70,120 | $89,852 | $80,455 |
| Median Personal Income | $53,350 | $67,028 | $60,758 |
| Average Yearly Income Growth | 4.6% | 4.4% | 4.8% |
| Six-Figure Earners | 8.1% | 15.1% | 13.9% |
| $200k+ Households | 6.6% | 13.8% | 13.2% |
The median household income in Freeborn County is about 22% lower than in Minnesota. Income has been growing faster in Freeborn County (4.6%/yr) than in Minnesota (4.4%/yr).
About 8% of adults in Freeborn County 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 Freeborn County, Minnesota grew by 59.6% from 2009 to 2024, reaching $70,120 in 2024. That's an average of about 4.6% per year.
Income Inequality and the Gender Pay Gap in Freeborn County
| Metric | Freeborn County | Minnesota Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.495 | 0.507 | 0.552 |
| Male Median Income | $63,636 | $74,898 | $69,667 |
| Female Median Income | $48,990 | $62,922 | $56,850 |
| Gender Pay Gap | 23.0% | 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 Freeborn County, it is 0.495, 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 30% more than women's income in Freeborn County, Minnesota. Over a 35-year career, a 30% wage gap accumulates to roughly $512,610 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Freeborn County, Minnesota has narrowed from about 30% to 23% in 2024. Over that period the gap was narrowest at 20% in 2020. In dollar terms, the gap has widened by $3,198 since 2009.
Employment
| Metric | Freeborn County | Minnesota Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 4.6% | 4.1% | 5.2% |
| Working from Home | 7.6% | 17.6% | 15.0% |
| Commute time (minutes) | 15 | 20 | 22 |
Approximately 699 people are unemployed in Freeborn County, Minnesota.
The average commute time in Freeborn County is 15 minutes, shorter than the 20 minutes in Minnesota.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Freeborn County, Minnesota has fallen from 5.0% to 4.6% in 2024. Over that period the rate peaked at 5.4% in 2013 and fell as low as 3.7% in 2019.
Freeborn County, MN Wealth Compared With Nearby Counties
Freeborn County, MN is the 3rd largest of the 6 counties compared here, 30,623 residents against a local median of 18,885. Freeborn County, MN's unemployment, at 4.6%, runs 35% above the 3.4% typical of the counties around it. That is the weaker end of the local range on this measure.
The counties themselves spread 1.4% on unemployment, so Freeborn County, MN sits at one end of an already wide local range rather than apart from it. Freeborn County, MN has the 6th lowest unemployment 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. |
|---|---|---|---|---|---|
| Freeborn County, MN | 30,623 | $70,120 #5/6 | 4.6%/yr #3/6 | 4.6% #6/6 | 0.495 #4/6 |
| Worth County, IA | 7,350 | $77,305 | 5.8%/yr | 3.5% | 0.451 |
| Steele County, MN | 37,436 | $84,760 | 4.8%/yr | 3.4% | 0.499 |
| Waseca County, MN | 18,885 | $76,286 | 4.1%/yr | 2.5% | 0.508 |
| Winnebago County, IA | 10,583 | $67,930 | 4.2%/yr | 3.0% | 0.492 |
| Mower County, MN | 40,341 | $72,820 | 4.3%/yr | 3.9% | 0.491 |
Conclusion
Considering all these factors, Freeborn County, Minnesota has an overall wealth index grade of B, making it somewhat worse than Minnesota, and somewhat better than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Freeborn County, Minnesota.
How Rich Is Freeborn County, Minnesota?
Freeborn County 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 $70,120, about 22% lower than the Minnesota average of $89,852.
How has median household income changed in Freeborn County, Minnesota?
Between 2009 and 2024, the median household income in Freeborn County, Minnesota rose 60%, from $43,934 to $70,120. Over the same years, income here outpaced Minnesota as a whole: +60% against +57%.
What was the median household income in Freeborn County in 2023?
In 2023, the median household income in Freeborn County, Minnesota was $68,935, up 5% from $65,489 in 2022. The Minnesota median that year was $88,324.
What was the median household income in Freeborn County in 2020?
In 2020, the median household income in Freeborn County, Minnesota was $54,924. By 2024 it had risen 28% to $70,120.
What is the Gini coefficient in Freeborn County, Minnesota?
The Gini coefficient in Freeborn County is 0.495. 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 Freeborn County, Minnesota?
Since 2009, the income gap between men and women in Freeborn County, Minnesota has narrowed from about 30% to 23% in 2024. Over that period the gap was narrowest at 20% in 2020. In dollar terms, the gap has widened by $3,198 since 2009.
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