Swift County, Minnesota Income Statistics
Swift 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
Swift County Around average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Swift County | Minnesota Avg | US Average |
|---|---|---|---|
| Median Household Income | $60,667 | $89,852 | $80,455 |
| Median Personal Income | $55,791 | $67,028 | $60,758 |
| Average Yearly Income Growth | 2.5% | 4.4% | 4.8% |
| Six-Figure Earners | 7.7% | 15.1% | 13.9% |
| $200k+ Households | 6.0% | 13.8% | 13.2% |
The median household income in Swift County is about 32% lower than in Minnesota. Income has been growing slower in Swift County (2.5%/yr) than in Minnesota (4.4%/yr).
About 8% of adults in Swift 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 Swift County, Minnesota grew by 49.5% from 2009 to 2024, reaching $60,667 in 2024. That's an average of about 2.5% per year.
Income Inequality and the Gender Pay Gap in Swift County
| Metric | Swift County | Minnesota Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.508 | 0.507 | 0.552 |
| Male Median Income | $65,360 | $74,898 | $69,667 |
| Female Median Income | $51,622 | $62,922 | $56,850 |
| Gender Pay Gap | 21.0% | 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 Swift County, it is 0.508, about the same as Minnesota's 0.507, so income here is about as evenly distributed as 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 Swift County, Minnesota. Over a 35-year career, a 27% wage gap accumulates to roughly $480,830 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Swift County, Minnesota has narrowed from about 26% to 21% in 2024. Over that period the gap was widest at 37% in 2012. In dollar terms, the gap has widened by $3,722 since 2009.
Employment
| Metric | Swift County | Minnesota Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 4.4% | 4.1% | 5.2% |
| Working from Home | 7.5% | 17.6% | 15.0% |
| Commute time (minutes) | 13 | 20 | 22 |
Approximately 206 people are unemployed in Swift County, Minnesota.
The average commute time in Swift County is 13 minutes, shorter than the 20 minutes in Minnesota.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Swift County, Minnesota has risen from 3.3% to 4.4% in 2024. Over that period the rate fell as low as 2.4% in 2019.
Swift County, MN Wealth Compared With Nearby Counties
Swift County, MN is typical in size for this group, 9,748 residents against a local median of 9,740, so the measures below are close to a like for like comparison. The measure that sets Swift County, MN apart most is unemployment: 4.4%, 121% above the local median of 2.0%. That is the weaker end of the local range on this measure.
Income growth tells the same story from another angle: 2.5%/yr against a local median of 4.0%/yr, 37% below it. Every measure here with a clear better direction points the same way, and it is the wrong way: Swift County, MN reads weaker than its neighbours on all of them. The counties themselves spread 3.1% on unemployment, so Swift County, MN sits at one end of an already wide local range rather than apart from it. Swift County, MN has the 6th 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. |
|---|---|---|---|---|---|
| Swift County, MN | 9,748 | $60,667 #6/6 | 2.5%/yr #6/6 | 4.4% #6/6 | 0.508 #5/6 |
| Chippewa County, MN | 12,377 | $70,506 | 3.5%/yr | 4.3% | 0.499 |
| Pope County, MN | 11,416 | $77,585 | 4.2%/yr | 1.3% | 0.476 |
| Stevens County, MN | 9,740 | $75,380 | 4.0%/yr | 2.0% | 0.535 |
| Lac qui Parle County, MN | 6,682 | $74,450 | 5.4%/yr | 2.0% | 0.494 |
| Yellow Medicine County, MN | 9,450 | $74,401 | 3.8%/yr | 3.5% | 0.482 |
Conclusion
Considering all these factors, Swift 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 Swift County, Minnesota.
How Rich Is Swift County, Minnesota?
Swift 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 $60,667, about 32% lower than the Minnesota average of $89,852.
Are incomes growing in Swift County, Minnesota?
Between 2009 and 2024, the median household income in Swift County, Minnesota rose 49%, from $40,585 to $60,667. Over the same years, income here lagged behind Minnesota as a whole: +49% against +57%.
What was the median household income in Swift County in 2023?
In 2023, the median household income in Swift County, Minnesota was $61,960, up 5% from $59,062 in 2022. The Minnesota median that year was $88,324.
What was the median household income in Swift County in 2020?
In 2020, the median household income in Swift County, Minnesota was $53,599. By 2024 it had risen 13% to $60,667.
What is the Gini coefficient in Swift County, Minnesota?
The Gini coefficient in Swift County is 0.508. 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 Swift County, Minnesota?
Since 2009, the income gap between men and women in Swift County, Minnesota has narrowed from about 26% to 21% in 2024. Over that period the gap was widest at 37% in 2012. In dollar terms, the gap has widened by $3,722 since 2009.
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