Nicollet County, Minnesota Income Statistics
Nicollet 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
Nicollet County Around averageWealthier than 73% of counties in Minnesota
Source: Map AI Methodology
Income Statistics Overview
| Metric | Nicollet County | Minnesota Avg | US Average |
|---|---|---|---|
| Median Household Income | $79,826 | $89,852 | $80,455 |
| Median Personal Income | $57,760 | $67,028 | $60,758 |
| Average Yearly Income Growth | 3.4% | 4.4% | 4.8% |
| Six-Figure Earners | 10.5% | 15.1% | 13.9% |
| $200k+ Households | 10.7% | 13.8% | 13.2% |
The median household income in Nicollet County is about 11% lower than in Minnesota. Income has been growing slower in Nicollet County (3.4%/yr) than in Minnesota (4.4%/yr).
About 10% of adults in Nicollet 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 Nicollet County, Minnesota grew by 43.7% from 2009 to 2024, reaching $79,826 in 2024. That's an average of about 3.4% per year.
Income Inequality and the Gender Pay Gap in Nicollet County
| Metric | Nicollet County | Minnesota Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.514 | 0.507 | 0.552 |
| Male Median Income | $66,627 | $74,898 | $69,667 |
| Female Median Income | $56,293 | $62,922 | $56,850 |
| Gender Pay Gap | 15.5% | 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 Nicollet County, it is 0.514, higher than Minnesota's 0.507, so income is less 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 18% more than women's income in Nicollet County, Minnesota. Over a 35-year career, a 18% wage gap accumulates to roughly $361,690 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Nicollet County, Minnesota has narrowed from about 25% to 16% in 2024. In dollar terms, the gap has narrowed by $748 since 2009.
Employment
| Metric | Nicollet County | Minnesota Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 2.2% | 4.1% | 5.2% |
| Working from Home | 13.4% | 17.6% | 15.0% |
| Commute time (minutes) | 13 | 20 | 22 |
Approximately 411 people are unemployed in Nicollet County, Minnesota.
The average commute time in Nicollet County is 13 minutes, shorter than the 20 minutes in Minnesota.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Nicollet County, Minnesota has fallen from 5.6% to 2.2% in 2024. Over that period the rate fell as low as 1.6% in 2023.
Nicollet County, MN Wealth Compared With Nearby Counties
Nicollet County, MN is the 3rd largest of the 6 counties compared here, 34,262 residents against a local median of 29,116. Nicollet County, MN's unemployment, at 2.2%, runs 43% below the 3.8% typical of the counties around it. That is the better end of the local range on this measure.
Income growth tells the same story from another angle: 3.4%/yr against a local median of 4.3%/yr, 20% below it. The picture is mixed rather than uniform: unemployment runs ahead of the neighbourhood while income growth runs behind it, so Nicollet County, MN is trading one against the other rather than simply out-performing what surrounds it. The counties themselves spread 2.0% on unemployment, so Nicollet County, MN sits at one end of an already wide local range rather than apart from it. Nicollet County, MN has the 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. |
|---|---|---|---|---|---|
| Nicollet County, MN | 34,262 | $79,826 #3/6 | 3.4%/yr #5/6 | 2.2% #1/6 | 0.514 #5/6 |
| Sibley County, MN | 11,297 | $78,818 | 3.6%/yr | 3.8% | 0.481 |
| Blue Earth County, MN | 69,837 | $74,407 | 4.5%/yr | 4.9% | 0.521 |
| McLeod County, MN | 36,799 | $80,800 | 4.3%/yr | 3.3% | 0.475 |
| Brown County, MN | 25,800 | $69,882 | 3.2%/yr | 2.9% | 0.473 |
| Le Sueur County, MN | 29,116 | $92,665 | 4.9%/yr | 4.2% | 0.478 |
Conclusion
Considering all these factors, Nicollet 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 Nicollet County, Minnesota.
How Rich Is Nicollet County, Minnesota?
Nicollet 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 $79,826, about 11% lower than the Minnesota average of $89,852.
How fast is household income rising in Nicollet County, Minnesota?
Between 2009 and 2024, the median household income in Nicollet County, Minnesota rose 44%, from $55,549 to $79,826. Over the same years, income here lagged behind Minnesota as a whole: +44% against +57%.
What was the median household income in Nicollet County in 2023?
In 2023, the median household income in Nicollet County, Minnesota was $79,369, about the same as in 2022. The Minnesota median that year was $88,324.
What was the median household income in Nicollet County in 2020?
In 2020, the median household income in Nicollet County, Minnesota was $69,471. By 2024 it had risen 15% to $79,826.
Is unemployment high in Nicollet County, Minnesota?
Unemployment in Nicollet County, Minnesota is only 2.2%, 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 Nicollet County, Minnesota?
The Gini coefficient in Nicollet County is 0.514. 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 Nicollet County, Minnesota?
Since 2009, the income gap between men and women in Nicollet County, Minnesota has narrowed from about 25% to 16% in 2024. In dollar terms, the gap has narrowed by $748 since 2009.
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