Martin County, Minnesota Income Statistics

Martin 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
    Martin County Around average

Source: Map AI Methodology

Martin County
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Wealth grade

Income Statistics Overview

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Metric Martin County Minnesota Avg US Average
Median Household Income $59,538 $89,852 $80,455
Median Personal Income $53,640 $67,028 $60,758
Average Yearly Income Growth 1.9% 4.4% 4.8%
Six-Figure Earners 8.1% 15.1% 13.9%
$200k+ Households 5.6% 13.8% 13.2%

The median household income in Martin County is about 34% lower than in Minnesota. Income has been growing slower in Martin County (1.9%/yr) than in Minnesota (4.4%/yr).

About 8% of adults in Martin 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

Martin County
United States

Median household income in Martin County, Minnesota grew by 38.6% from 2009 to 2024, reaching $59,538 in 2024. That's an average of about 1.9% per year.

Year Martin County United States

Income Inequality and the Gender Pay Gap in Martin County

Metric Martin County Minnesota Avg US Average
Gini Coefficient 0.490 0.507 0.552
Male Median Income $62,359 $74,898 $69,667
Female Median Income $48,794 $62,922 $56,850
Gender Pay Gap 21.8% 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 Martin County, it is 0.490, 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 28% more than women's income in Martin County, Minnesota. Over a 35-year career, a 28% wage gap accumulates to roughly $474,775 in unearned income for female workers in the area.

Income by Sex Over Time

Male
Female

Since 2009, the income gap between men and women in Martin County, Minnesota has narrowed from about 26% to 22% in 2024. Over that period the gap was widest at 33% in 2015, and was narrowest at 21% in 2021. In dollar terms, the gap has widened by $3,741 since 2009.

Year Male Income Female Income Gap %

Employment

Metric Martin County Minnesota Avg US Average
Unemployment Rate 4.2% 4.1% 5.2%
Working from Home 7.9% 17.6% 15.0%
Commute time (minutes) 12 20 22

Approximately 411 people are unemployed in Martin County, Minnesota.

The average commute time in Martin County is 12 minutes, shorter than the 20 minutes in Minnesota.

Unemployment Rate Over Time

Martin County
United States

Since 2011, the unemployment rate in Martin County, Minnesota has risen from 3.7% to 4.2% in 2024. Over that period the rate peaked at 5.4% in 2021 and fell as low as 3.1% in 2017.

Year Martin County United States

Martin County, MN Wealth Compared With Nearby Counties

Martin County, MN is the 2nd largest of the 6 counties compared here, 19,780 residents against a local median of 11,205. The measure that sets Martin County, MN apart most is unemployment: 4.2%, 72% above the local median of 2.4%. That is the weaker end of the local range on this measure.

Income growth tells the same story from another angle: 1.9%/yr against a local median of 4.2%/yr, 54% below it. Every measure here with a clear better direction points the same way, and it is the wrong way: Martin County, MN reads weaker than its neighbours on all of them. The counties themselves spread 3.6% on unemployment, so Martin County, MN sits at one end of an already wide local range rather than apart from it. Martin 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.
Martin County, MN 19,780 $59,538 #6/6 1.9%/yr #6/6 4.2% #5/6 0.490 #5/6
Watonwan County, MN 11,205 $72,035 4.8%/yr 5.3% 0.502
Emmet County, IA 9,262 $62,786 4.2%/yr 1.7% 0.475
Kossuth County, IA 14,516 $67,165 2.6%/yr 1.9% 0.481
Brown County, MN 25,800 $69,882 3.2%/yr 2.9% 0.473
Jackson County, MN 9,933 $76,080 4.2%/yr 2.4% 0.477

Conclusion

Considering all these factors, Martin 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 Martin County, Minnesota.

How Rich Is Martin County, Minnesota?

Martin 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 $59,538, about 34% lower than the Minnesota average of $89,852.

Are incomes growing in Martin County, Minnesota?

Between 2009 and 2024, the median household income in Martin County, Minnesota rose 39%, from $42,956 to $59,538. Over the same years, income here lagged behind Minnesota as a whole: +39% against +57%.

What was the median household income in Martin County in 2023?

In 2023, the median household income in Martin County, Minnesota was $63,905, up 4% from $61,391 in 2022. The Minnesota median that year was $88,324.

What was the median household income in Martin County in 2020?

In 2020, the median household income in Martin County, Minnesota was $55,156. By 2024 it had risen 8% to $59,538.

What is the Gini coefficient in Martin County, Minnesota?

The Gini coefficient in Martin County is 0.490. 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 Martin County, Minnesota?

Since 2009, the income gap between men and women in Martin County, Minnesota has narrowed from about 26% to 22% in 2024. Over that period the gap was widest at 33% in 2015, and was narrowest at 21% in 2021. In dollar terms, the gap has widened by $3,741 since 2009.

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