St. Cloud, Minnesota Income Statistics
St. Cloud Wealth Score
The wealth index reflects the overall economic prosperity and financial well-being of an area's residents based on income levels, employment rates, and income inequality metrics.
-
C
St. Cloud Below average
Source: Map AI Methodology
Income Statistics Overview
| Metric | St. Cloud | Minnesota Avg | US Average |
|---|---|---|---|
| Median Household Income | $64,039 | $89,852 | $80,455 |
| Median Personal Income | $49,612 | $67,028 | $60,758 |
| Average Yearly Income Growth | 4.2% | 4.4% | 4.8% |
| Six-Figure Earners | 6.5% | 15.1% | 13.9% |
| $200k+ Households | 5.3% | 13.8% | 13.2% |
The median household income in St. Cloud is about 29% lower than in Minnesota. Income has been growing slower in St. Cloud (4.2%/yr) than in Minnesota (4.4%/yr).
About 7% of adults in St. Cloud 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 St. Cloud, Minnesota grew by 51.3% from 2009 to 2024, reaching $64,039 in 2024. That's an average of about 4.2% per year.
Income Inequality and the Gender Pay Gap in St. Cloud
| Metric | St. Cloud | Minnesota Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.530 | 0.507 | 0.552 |
| Male Median Income | $55,058 | $74,898 | $69,667 |
| Female Median Income | $49,245 | $62,922 | $56,850 |
| Gender Pay Gap | 10.6% | 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 St. Cloud, it is 0.530, 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 12% more than women's income in St. Cloud, Minnesota. Over a 35-year career, a 12% wage gap accumulates to roughly $203,455 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in St. Cloud, Minnesota has narrowed from about 24% to 11% in 2024. Over that period the gap was widest at 27% in 2011, and was narrowest at 8% in 2020. In dollar terms, the gap has narrowed by $3,901 since 2009.
Employment
| Metric | St. Cloud | Minnesota Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 5.7% | 4.1% | 5.2% |
| Working from Home | 8.7% | 17.6% | 15.0% |
| Commute time (minutes) | 15 | 20 | 22 |
Approximately 1,948 people are unemployed in St. Cloud, Minnesota.
The average commute time in St. Cloud is 15 minutes, shorter than the 20 minutes in Minnesota.
Unemployment Rate Over Time
Since 2011, the unemployment rate in St. Cloud, Minnesota has fallen from 8.4% to 5.7% in 2024. Over that period the rate peaked at 9.6% in 2013.
Conclusion
Considering all these factors, St. Cloud, 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 St. Cloud, Minnesota.
How Rich Is St. Cloud, Minnesota?
St. Cloud 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 $64,039, about 29% lower than the Minnesota average of $89,852.
How has median household income changed in St. Cloud, Minnesota?
Between 2009 and 2024, the median household income in St. Cloud, Minnesota rose 51%, from $42,317 to $64,039. Over the same years, income here lagged behind Minnesota as a whole: +51% against +57%.
What was the median household income in St. Cloud in 2023?
In 2023, the median household income in St. Cloud, Minnesota was $65,135, up 5% from $61,905 in 2022. The Minnesota median that year was $88,324.
What was the median household income in St. Cloud in 2020?
In 2020, the median household income in St. Cloud, Minnesota was $53,044. By 2024 it had risen 21% to $64,039.
Is unemployment high in St. Cloud, Minnesota?
Unemployment in St. Cloud, Minnesota is 5.7%, well above the Minnesota rate of 4.1%, so job seekers may face more competition than elsewhere.
What is the Gini coefficient in St. Cloud, Minnesota?
The Gini coefficient in St. Cloud is 0.530. 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 St. Cloud, Minnesota?
Since 2009, the income gap between men and women in St. Cloud, Minnesota has narrowed from about 24% to 11% in 2024. Over that period the gap was widest at 27% in 2011, and was narrowest at 8% in 2020. In dollar terms, the gap has narrowed by $3,901 since 2009.
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