McLeod County, Minnesota Income Statistics
McLeod 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
McLeod County Around averageWealthier than 76% of counties in Minnesota
Source: Map AI Methodology
Income Statistics Overview
| Metric | McLeod County | Minnesota Avg | US Average |
|---|---|---|---|
| Median Household Income | $80,800 | $89,852 | $80,455 |
| Median Personal Income | $57,567 | $67,028 | $60,758 |
| Average Yearly Income Growth | 4.3% | 4.4% | 4.8% |
| Six-Figure Earners | 9.7% | 15.1% | 13.9% |
| $200k+ Households | 8.3% | 13.8% | 13.2% |
The median household income in McLeod County is about 10% lower than in Minnesota. Income has been growing slower in McLeod County (4.3%/yr) than in Minnesota (4.4%/yr).
About 10% of adults in McLeod 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 McLeod County, Minnesota grew by 43.8% from 2009 to 2024, reaching $80,800 in 2024. That's an average of about 4.3% per year.
Income Inequality and the Gender Pay Gap in McLeod County
| Metric | McLeod County | Minnesota Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.475 | 0.507 | 0.552 |
| Male Median Income | $68,177 | $74,898 | $69,667 |
| Female Median Income | $53,037 | $62,922 | $56,850 |
| Gender Pay Gap | 22.2% | 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 McLeod County, it is 0.475, 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 29% more than women's income in McLeod County, Minnesota. Over a 35-year career, a 29% wage gap accumulates to roughly $529,900 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in McLeod County, Minnesota has narrowed from about 27% to 22% in 2024. Over that period the gap was narrowest at 21% in 2013. In dollar terms, the gap has widened by $2,064 since 2009.
Employment
| Metric | McLeod County | Minnesota Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 3.3% | 4.1% | 5.2% |
| Working from Home | 8.8% | 17.6% | 15.0% |
| Commute time (minutes) | 16 | 20 | 22 |
Approximately 667 people are unemployed in McLeod County, Minnesota.
The average commute time in McLeod County is 16 minutes, shorter than the 20 minutes in Minnesota.
Unemployment Rate Over Time
Since 2011, the unemployment rate in McLeod County, Minnesota has fallen from 5.6% to 3.3% in 2024. Over that period the rate peaked at 6.1% in 2013 and fell as low as 2.6% in 2018.
McLeod County, MN Wealth Compared With Nearby Counties
McLeod County, MN is typical in size for this group, 36,799 residents against a local median of 34,262, so the measures below are close to a like for like comparison. The measure that sets McLeod County, MN apart most is income growth: 4.3%/yr, 19% above the local median of 3.6%/yr. That is the better end of the local range on this measure.
The counties themselves spread 1.1%/yr on income growth, so McLeod County, MN sits at one end of an already wide local range rather than apart from it. McLeod County, MN has the 3rd highest income growth 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. |
|---|---|---|---|---|---|
| McLeod County, MN | 36,799 | $80,800 #3/6 | 4.3%/yr #3/6 | 3.3% #5/6 | 0.475 #1/6 |
| Sibley County, MN | 11,297 | $78,818 | 3.6%/yr | 3.8% | 0.481 |
| Meeker County, MN | 23,466 | $75,665 | 3.3%/yr | 3.2% | 0.485 |
| Wright County, MN | 148,225 | $106,875 | 4.4%/yr | 2.7% | 0.489 |
| Carver County, MN | 110,041 | $126,357 | 4.4%/yr | 3.1% | 0.496 |
| Nicollet County, MN | 34,262 | $79,826 | 3.4%/yr | 2.2% | 0.514 |
Conclusion
Considering all these factors, McLeod 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 McLeod County, Minnesota.
How Rich Is McLeod County, Minnesota?
McLeod 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 $80,800, about 10% lower than the Minnesota average of $89,852.
How fast is household income rising in McLeod County, Minnesota?
Between 2009 and 2024, the median household income in McLeod County, Minnesota rose 44%, from $56,189 to $80,800. Over the same years, income here lagged behind Minnesota as a whole: +44% against +57%.
What was the median household income in McLeod County in 2023?
In 2023, the median household income in McLeod County, Minnesota was $77,902, up 6% from $73,820 in 2022. The Minnesota median that year was $88,324.
What was the median household income in McLeod County in 2020?
In 2020, the median household income in McLeod County, Minnesota was $63,434. By 2024 it had risen 27% to $80,800.
What is the Gini coefficient in McLeod County, Minnesota?
The Gini coefficient in McLeod County is 0.475. 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 McLeod County, Minnesota?
Since 2009, the income gap between men and women in McLeod County, Minnesota has narrowed from about 27% to 22% in 2024. Over that period the gap was narrowest at 21% in 2013. In dollar terms, the gap has widened by $2,064 since 2009.
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