Pipestone County, Minnesota Income Statistics
Pipestone 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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C
Pipestone County Below averageLess wealthy than 78% of counties in Minnesota
Source: Map AI Methodology
Income Statistics Overview
| Metric | Pipestone County | Minnesota Avg | US Average |
|---|---|---|---|
| Median Household Income | $70,296 | $89,852 | $80,455 |
| Median Personal Income | $54,168 | $67,028 | $60,758 |
| Average Yearly Income Growth | 4.8% | 4.4% | 4.8% |
| Six-Figure Earners | 9.2% | 15.1% | 13.9% |
| $200k+ Households | 6.4% | 13.8% | 13.2% |
The median household income in Pipestone County is about 22% lower than in Minnesota. Income has been growing faster in Pipestone County (4.8%/yr) than in Minnesota (4.4%/yr).
About 9% of adults in Pipestone 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 Pipestone County, Minnesota grew by 82.5% from 2009 to 2024, reaching $70,296 in 2024. That's an average of about 4.8% per year.
Income Inequality and the Gender Pay Gap in Pipestone County
| Metric | Pipestone County | Minnesota Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.497 | 0.507 | 0.552 |
| Male Median Income | $62,735 | $74,898 | $69,667 |
| Female Median Income | $49,499 | $62,922 | $56,850 |
| Gender Pay Gap | 21.1% | 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 Pipestone County, it is 0.497, 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 27% more than women's income in Pipestone County, Minnesota. Over a 35-year career, a 27% wage gap accumulates to roughly $463,260 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Pipestone County, Minnesota has narrowed from about 30% to 21% in 2024. Over that period the gap was widest at 31% in 2011, and was narrowest at 20% in 2021. In dollar terms, the gap has widened by $1,466 since 2009.
Employment
| Metric | Pipestone County | Minnesota Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 3.2% | 4.1% | 5.2% |
| Working from Home | 9.1% | 17.6% | 15.0% |
| Commute time (minutes) | 11 | 20 | 22 |
Approximately 151 people are unemployed in Pipestone County, Minnesota.
The average commute time in Pipestone County is 11 minutes, shorter than the 20 minutes in Minnesota.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Pipestone County, Minnesota has fallen from 5.1% to 3.2% in 2024. Over that period the rate peaked at 5.7% in 2013 and fell as low as 2.9% in 2018.
Pipestone County, MN Wealth Compared With Nearby Counties
Pipestone County, MN is typical in size for this group, 9,284 residents against a local median of 8,097, so the measures below are close to a like for like comparison. The measure that sets Pipestone 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.
The counties themselves spread 0.6% on unemployment, so Pipestone County, MN sits at one end of an already wide local range rather than apart from it. Pipestone 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. |
|---|---|---|---|---|---|
| Pipestone County, MN | 9,284 | $70,296 #5/6 | 4.8%/yr #2/6 | 3.2% #5/6 | 0.497 #3/6 |
| Rock County, MN | 9,621 | $72,505 | 4.0%/yr | 2.6% | 0.492 |
| Lincoln County, MN | 5,603 | $69,005 | 4.3%/yr | 2.7% | 0.509 |
| Moody County, SD | 6,397 | $78,164 | 4.6%/yr | 2.8% | 0.510 |
| Murray County, MN | 8,097 | $74,135 | 4.5%/yr | 2.7% | 0.488 |
| Lyon County, MN | 25,503 | $75,660 | 5.0%/yr | 3.2% | 0.509 |
Conclusion
Considering all these factors, Pipestone County, Minnesota has an overall wealth index grade of C, making it somewhat worse than Minnesota, and about on par with the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Pipestone County, Minnesota.
How Rich Is Pipestone County, Minnesota?
Pipestone County has a wealth index grade of C. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; a C grade means residents are close to the U.S. average. The median household income is $70,296, about 22% lower than the Minnesota average of $89,852.
How fast is household income rising in Pipestone County, Minnesota?
Between 2009 and 2024, the median household income in Pipestone County, Minnesota rose 82%, from $38,525 to $70,296. Over the same years, income here outpaced Minnesota as a whole: +82% against +57%.
What was the median household income in Pipestone County in 2023?
In 2023, the median household income in Pipestone County, Minnesota was $67,387, about the same as in 2022. The Minnesota median that year was $88,324.
What was the median household income in Pipestone County in 2020?
In 2020, the median household income in Pipestone County, Minnesota was $52,386. By 2024 it had risen 34% to $70,296.
What is the Gini coefficient in Pipestone County, Minnesota?
The Gini coefficient in Pipestone County is 0.497. 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 Pipestone County, Minnesota?
Since 2009, the income gap between men and women in Pipestone County, Minnesota has narrowed from about 30% to 21% in 2024. Over that period the gap was widest at 31% in 2011, and was narrowest at 20% in 2021. In dollar terms, the gap has widened by $1,466 since 2009.
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