Lyon County, Minnesota Income Statistics
Lyon 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
Lyon County Around averageLess wealthy than 72% of counties in Minnesota
Source: Map AI Methodology
Income Statistics Overview
| Metric | Lyon County | Minnesota Avg | US Average |
|---|---|---|---|
| Median Household Income | $75,660 | $89,852 | $80,455 |
| Median Personal Income | $53,446 | $67,028 | $60,758 |
| Average Yearly Income Growth | 5.0% | 4.4% | 4.8% |
| Six-Figure Earners | 10.2% | 15.1% | 13.9% |
| $200k+ Households | 7.6% | 13.8% | 13.2% |
The median household income in Lyon County is about 16% lower than in Minnesota. Income has been growing faster in Lyon County (5.0%/yr) than in Minnesota (4.4%/yr).
About 10% of adults in Lyon 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 Lyon County, Minnesota grew by 65.4% from 2009 to 2024, reaching $75,660 in 2024. That's an average of about 5.0% per year.
Income Inequality and the Gender Pay Gap in Lyon County
| Metric | Lyon County | Minnesota Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.509 | 0.507 | 0.552 |
| Male Median Income | $67,937 | $74,898 | $69,667 |
| Female Median Income | $49,989 | $62,922 | $56,850 |
| Gender Pay Gap | 26.4% | 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 Lyon 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 36% more than women's income in Lyon County, Minnesota. Over a 35-year career, a 36% wage gap accumulates to roughly $628,180 in unearned income for female workers in the area.
Income by Sex Over Time
The income gap between men and women in Lyon County, Minnesota has stayed about the same since 2009, at around 26%. Over that period the gap was narrowest at 17% in 2016. In dollar terms, the gap has widened by $6,967 since 2009.
Employment
| Metric | Lyon County | Minnesota Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 3.2% | 4.1% | 5.2% |
| Working from Home | 12.4% | 17.6% | 15.0% |
| Commute time (minutes) | 11 | 20 | 22 |
Approximately 422 people are unemployed in Lyon County, Minnesota.
The average commute time in Lyon County is 11 minutes, shorter than the 20 minutes in Minnesota.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Lyon County, Minnesota has fallen from 3.9% to 3.2% in 2024. Over that period the rate peaked at 5.3% in 2015 and fell as low as 3.0% in 2022.
Lyon County, MN Wealth Compared With Nearby Counties
Lyon County, MN is the largest of the 6 counties compared here, 25,503 residents against a local median of 9,284. The measure that sets Lyon County, MN apart most is unemployment: 3.2%, 19% above the local median of 2.7%. That is the weaker end of the local range on this measure.
Income growth tells the same story from another angle: 5.0%/yr against a local median of 4.3%/yr, 17% above it. The picture is mixed rather than uniform: income growth runs ahead of the neighbourhood while unemployment runs behind it, so Lyon County, MN is trading one against the other rather than simply out-performing what surrounds it. The counties themselves spread 1.0% on unemployment, so Lyon County, MN sits at one end of an already wide local range rather than apart from it. Lyon County, MN has the 5th 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. |
|---|---|---|---|---|---|
| Lyon County, MN | 25,503 | $75,660 #1/6 | 5.0%/yr #1/6 | 3.2% #5/6 | 0.509 #6/6 |
| Yellow Medicine County, MN | 9,450 | $74,401 | 3.8%/yr | 3.5% | 0.482 |
| Murray County, MN | 8,097 | $74,135 | 4.5%/yr | 2.7% | 0.488 |
| Lincoln County, MN | 5,603 | $69,005 | 4.3%/yr | 2.7% | 0.509 |
| Pipestone County, MN | 9,284 | $70,296 | 4.8%/yr | 3.2% | 0.497 |
| Redwood County, MN | 13,610 | $67,231 | 4.0%/yr | 2.6% | 0.500 |
Conclusion
Considering all these factors, Lyon 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 Lyon County, Minnesota.
How Rich Is Lyon County, Minnesota?
Lyon 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 $75,660, about 16% lower than the Minnesota average of $89,852.
How has median household income changed in Lyon County, Minnesota?
Between 2009 and 2024, the median household income in Lyon County, Minnesota rose 65%, from $45,733 to $75,660. Over the same years, income here outpaced Minnesota as a whole: +65% against +57%.
What was the median household income in Lyon County in 2023?
In 2023, the median household income in Lyon County, Minnesota was $71,999, up 3% from $69,872 in 2022. The Minnesota median that year was $88,324.
What was the median household income in Lyon County in 2020?
In 2020, the median household income in Lyon County, Minnesota was $57,514. By 2024 it had risen 32% to $75,660.
What is the Gini coefficient in Lyon County, Minnesota?
The Gini coefficient in Lyon 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 Lyon County, Minnesota?
The income gap between men and women in Lyon County, Minnesota has stayed about the same since 2009, at around 26%. Over that period the gap was narrowest at 17% in 2016. In dollar terms, the gap has widened by $6,967 since 2009.
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