Grant County, Minnesota Income Statistics
Grant 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.
-
B
Grant County Around average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Grant County | Minnesota Avg | US Average |
|---|---|---|---|
| Median Household Income | $74,203 | $89,852 | $80,455 |
| Median Personal Income | $54,879 | $67,028 | $60,758 |
| Average Yearly Income Growth | 4.3% | 4.4% | 4.8% |
| Six-Figure Earners | 9.2% | 15.1% | 13.9% |
| $200k+ Households | 7.7% | 13.8% | 13.2% |
The median household income in Grant County is about 17% lower than in Minnesota. Income has been growing slower in Grant County (4.3%/yr) than in Minnesota (4.4%/yr).
About 9% of adults in Grant 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 Grant County, Minnesota grew by 85.6% from 2009 to 2024, reaching $74,203 in 2024. That's an average of about 4.3% per year.
Income Inequality and the Gender Pay Gap in Grant County
| Metric | Grant County | Minnesota Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.509 | 0.507 | 0.552 |
| Male Median Income | $64,383 | $74,898 | $69,667 |
| Female Median Income | $50,930 | $62,922 | $56,850 |
| Gender Pay Gap | 20.9% | 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 Grant County, it is 0.509, about the same as Minnesota's 0.507, so income here is about as evenly distributed as there, and lower than the US's 0.552, so income is more evenly distributed here than there.
Men's income is about 26% more than women's income in Grant County, Minnesota. Over a 35-year career, a 26% wage gap accumulates to roughly $470,855 in unearned income for female workers in the area.
Income by Sex Over Time
The income gap between men and women in Grant County, Minnesota has stayed about the same since 2009, at around 21%. Over that period the gap was widest at 30% in 2013. In dollar terms, the gap has widened by $5,745 since 2009.
Employment
| Metric | Grant County | Minnesota Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 2.8% | 4.1% | 5.2% |
| Working from Home | 14.6% | 17.6% | 15.0% |
| Commute time (minutes) | 21 | 20 | 22 |
Approximately 82 people are unemployed in Grant County, Minnesota.
The average commute time in Grant County is 21 minutes, longer than the 20 minutes in Minnesota.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Grant County, Minnesota has fallen from 6.5% to 2.8% in 2024.
Grant County, MN Wealth Compared With Nearby Counties
Grant County, MN is the 5th largest of the 6 counties compared here, 6,127 residents against a local median of 9,740. Where Grant County, MN breaks from the counties next to it is unemployment, sitting 39% below the local median of 4.5% at 2.8%. That is the better end of the local range on this measure.
The counties themselves spread 2.8% on unemployment, so Grant County, MN sits at one end of an already wide local range rather than apart from it. Grant County, MN has the 2nd 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. |
|---|---|---|---|---|---|
| Grant County, MN | 6,127 | $74,203 #3/6 | 4.3%/yr #1/6 | 2.8% #2/6 | 0.509 #4/6 |
| Stevens County, MN | 9,740 | $75,380 | 4.0%/yr | 2.0% | 0.535 |
| Traverse County, MN | 3,243 | $62,029 | 2.8%/yr | 4.5% | 0.530 |
| Douglas County, MN | 39,575 | $78,681 | 4.1%/yr | 2.9% | 0.482 |
| Otter Tail County, MN | 60,475 | $72,292 | 3.8%/yr | 4.8% | 0.488 |
| Wilkin County, MN | 6,371 | $70,645 | 3.9%/yr | 4.8% | 0.503 |
Conclusion
Considering all these factors, Grant 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 Grant County, Minnesota.
How Rich Is Grant County, Minnesota?
Grant 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 $74,203, about 17% lower than the Minnesota average of $89,852.
Are incomes growing in Grant County, Minnesota?
Between 2009 and 2024, the median household income in Grant County, Minnesota rose 86%, from $39,984 to $74,203. Over the same years, income here outpaced Minnesota as a whole: +86% against +57%.
What was the median household income in Grant County in 2023?
In 2023, the median household income in Grant County, Minnesota was $72,923, up 8% from $67,667 in 2022. The Minnesota median that year was $88,324.
What was the median household income in Grant County in 2020?
In 2020, the median household income in Grant County, Minnesota was $59,115. By 2024 it had risen 26% to $74,203.
Is it hard to find a job in Grant County, Minnesota?
Unemployment in Grant County, Minnesota is only 2.8%, well below the Minnesota rate of 4.1%, a sign of a tight labor market where employers compete for workers.
What is the Gini coefficient in Grant County, Minnesota?
The Gini coefficient in Grant County is 0.509. 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 Grant County, Minnesota?
The income gap between men and women in Grant County, Minnesota has stayed about the same since 2009, at around 21%. Over that period the gap was widest at 30% in 2013. In dollar terms, the gap has widened by $5,745 since 2009.
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