Goodhue County, Minnesota Income Statistics
Goodhue 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
Goodhue County Around averageWealthier than 85% of counties in Minnesota
Source: Map AI Methodology
Income Statistics Overview
| Metric | Goodhue County | Minnesota Avg | US Average |
|---|---|---|---|
| Median Household Income | $83,371 | $89,852 | $80,455 |
| Median Personal Income | $61,188 | $67,028 | $60,758 |
| Average Yearly Income Growth | 4.1% | 4.4% | 4.8% |
| Six-Figure Earners | 11.2% | 15.1% | 13.9% |
| $200k+ Households | 9.3% | 13.8% | 13.2% |
The median household income in Goodhue County is about 7% lower than in Minnesota. Income has been growing slower in Goodhue County (4.1%/yr) than in Minnesota (4.4%/yr).
About 11% of adults in Goodhue 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 Goodhue County, Minnesota grew by 48.6% from 2009 to 2024, reaching $83,371 in 2024. That's an average of about 4.1% per year.
Income Inequality and the Gender Pay Gap in Goodhue County
| Metric | Goodhue County | Minnesota Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.491 | 0.507 | 0.552 |
| Male Median Income | $70,239 | $74,898 | $69,667 |
| Female Median Income | $53,615 | $62,922 | $56,850 |
| Gender Pay Gap | 23.7% | 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 Goodhue County, it is 0.491, 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 31% more than women's income in Goodhue County, Minnesota. Over a 35-year career, a 31% wage gap accumulates to roughly $581,840 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Goodhue County, Minnesota has narrowed from about 28% to 24% in 2024. Over that period the gap was narrowest at 15% in 2020. In dollar terms, the gap has widened by $3,362 since 2009.
Employment
| Metric | Goodhue County | Minnesota Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 3.6% | 4.1% | 5.2% |
| Working from Home | 10.7% | 17.6% | 15.0% |
| Commute time (minutes) | 20 | 20 | 22 |
Approximately 890 people are unemployed in Goodhue County, Minnesota.
The average commute time in Goodhue County is 20 minutes, about the same as in Minnesota.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Goodhue County, Minnesota has fallen from 6.1% to 3.6% in 2024. Over that period the rate peaked at 6.3% in 2013 and fell as low as 3.4% in 2019.
Goodhue County, MN Wealth Compared With Nearby Counties
Goodhue County, MN is typical in size for this group, 47,943 residents against a local median of 42,584, so the measures below are close to a like for like comparison. There is no headline here. Every measure below sits within 15% of the median across the nearest counties, which makes Goodhue County, MN an unremarkable member of its own neighbourhood rather than an outlier in it.
The largest of those small differences is median household income, 13% below the local median at $83,371 against $95,309. Goodhue County, MN has the 5th highest median household income 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. |
|---|---|---|---|---|---|
| Goodhue County, MN | 47,943 | $83,371 #5/6 | 4.1%/yr #5/6 | 3.6% #5/6 | 0.491 #3/6 |
| Dodge County, MN | 21,046 | $95,309 | 4.2%/yr | 3.3% | 0.465 |
| Dakota County, MN | 445,396 | $106,144 | 4.1%/yr | 3.6% | 0.492 |
| Pierce County, WI | 42,584 | $93,522 | 4.7%/yr | 3.2% | 0.511 |
| Wabasha County, MN | 21,565 | $82,094 | 4.2%/yr | 2.2% | 0.473 |
| Olmsted County, MN | 164,423 | $96,754 | 4.1%/yr | 3.6% | 0.494 |
Conclusion
Considering all these factors, Goodhue County, Minnesota has an overall wealth index grade of B, making it about on par with Minnesota, and somewhat better than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Goodhue County, Minnesota.
How Rich Is Goodhue County, Minnesota?
Goodhue 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 $83,371, about 7% lower than the Minnesota average of $89,852.
How fast is household income rising in Goodhue County, Minnesota?
Between 2009 and 2024, the median household income in Goodhue County, Minnesota rose 49%, from $56,099 to $83,371. Over the same years, income here lagged behind Minnesota as a whole: +49% against +57%.
What was the median household income in Goodhue County in 2023?
In 2023, the median household income in Goodhue County, Minnesota was $82,881, up 5% from $78,573 in 2022. The Minnesota median that year was $88,324.
What was the median household income in Goodhue County in 2020?
In 2020, the median household income in Goodhue County, Minnesota was $69,694. By 2024 it had risen 20% to $83,371.
What is the Gini coefficient in Goodhue County, Minnesota?
The Gini coefficient in Goodhue County is 0.491. 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 Goodhue County, Minnesota?
Since 2009, the income gap between men and women in Goodhue County, Minnesota has narrowed from about 28% to 24% in 2024. Over that period the gap was narrowest at 15% in 2020. In dollar terms, the gap has widened by $3,362 since 2009.
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