Yellow Medicine County, Minnesota Income Statistics
Yellow Medicine 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.
-
B
Yellow Medicine County Around average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Yellow Medicine County | Minnesota Avg | US Average |
|---|---|---|---|
| Median Household Income | $74,401 | $89,852 | $80,455 |
| Median Personal Income | $53,639 | $67,028 | $60,758 |
| Average Yearly Income Growth | 3.8% | 4.4% | 4.8% |
| Six-Figure Earners | 9.3% | 15.1% | 13.9% |
| $200k+ Households | 7.7% | 13.8% | 13.2% |
The median household income in Yellow Medicine County is about 17% lower than in Minnesota. Income has been growing slower in Yellow Medicine County (3.8%/yr) than in Minnesota (4.4%/yr).
About 9% of adults in Yellow Medicine 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 Yellow Medicine County, Minnesota grew by 60.8% from 2009 to 2024, reaching $74,401 in 2024. That's an average of about 3.8% per year.
Income Inequality and the Gender Pay Gap in Yellow Medicine County
| Metric | Yellow Medicine County | Minnesota Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.482 | 0.507 | 0.552 |
| Male Median Income | $61,460 | $74,898 | $69,667 |
| Female Median Income | $48,624 | $62,922 | $56,850 |
| Gender Pay Gap | 20.9% | 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 Yellow Medicine County, it is 0.482, 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 26% more than women's income in Yellow Medicine County, Minnesota. Over a 35-year career, a 26% wage gap accumulates to roughly $449,260 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Yellow Medicine County, Minnesota has narrowed from about 27% to 21% in 2024. Over that period the gap was widest at 33% in 2015. In dollar terms, the gap has widened by $2,295 since 2009.
Employment
| Metric | Yellow Medicine County | Minnesota Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 3.5% | 4.1% | 5.2% |
| Working from Home | 9.0% | 17.6% | 15.0% |
| Commute time (minutes) | 17 | 20 | 22 |
Approximately 172 people are unemployed in Yellow Medicine County, Minnesota.
The average commute time in Yellow Medicine County is 17 minutes, shorter than the 20 minutes in Minnesota.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Yellow Medicine County, Minnesota has fallen from 4.2% to 3.5% in 2024. Over that period the rate peaked at 4.2% in 2012 and fell as low as 1.9% in 2020.
Yellow Medicine County, MN Wealth Compared With Nearby Counties
Yellow Medicine County, MN is typical in size for this group, 9,450 residents against a local median of 9,748, so the measures below are close to a like for like comparison. There is no headline here. Every measure below sits within 15% of the median across the nearest counties, which makes Yellow Medicine County, MN an unremarkable member of its own neighbourhood rather than an outlier in it.
The largest of those small differences is income growth, 12% below the local median at 3.8%/yr against 4.3%/yr. Yellow Medicine County, MN has the 4th 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. |
|---|---|---|---|---|---|
| Yellow Medicine County, MN | 9,450 | $74,401 #3/6 | 3.8%/yr #4/6 | 3.5% #4/6 | 0.482 #1/6 |
| Lyon County, MN | 25,503 | $75,660 | 5.0%/yr | 3.2% | 0.509 |
| Lac qui Parle County, MN | 6,682 | $74,450 | 5.4%/yr | 2.0% | 0.494 |
| Chippewa County, MN | 12,377 | $70,506 | 3.5%/yr | 4.3% | 0.499 |
| Lincoln County, MN | 5,603 | $69,005 | 4.3%/yr | 2.7% | 0.509 |
| Swift County, MN | 9,748 | $60,667 | 2.5%/yr | 4.4% | 0.508 |
Conclusion
Considering all these factors, Yellow Medicine 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 Yellow Medicine County, Minnesota.
How Rich Is Yellow Medicine County, Minnesota?
Yellow Medicine 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 $74,401, about 17% lower than the Minnesota average of $89,852.
Are incomes growing in Yellow Medicine County, Minnesota?
Between 2009 and 2024, the median household income in Yellow Medicine County, Minnesota rose 61%, from $46,277 to $74,401. Over the same years, income here outpaced Minnesota as a whole: +61% against +57%.
What was the median household income in Yellow Medicine County in 2023?
In 2023, the median household income in Yellow Medicine County, Minnesota was $72,333, up 3% from $70,243 in 2022. The Minnesota median that year was $88,324.
What was the median household income in Yellow Medicine County in 2020?
In 2020, the median household income in Yellow Medicine County, Minnesota was $59,396. By 2024 it had risen 25% to $74,401.
What is the Gini coefficient in Yellow Medicine County, Minnesota?
The Gini coefficient in Yellow Medicine County is 0.482. 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 Yellow Medicine County, Minnesota?
Since 2009, the income gap between men and women in Yellow Medicine County, Minnesota has narrowed from about 27% to 21% in 2024. Over that period the gap was widest at 33% in 2015. In dollar terms, the gap has widened by $2,295 since 2009.
Analyze any area in the US
Get local demographics for any address, aggregated by drive time or radius, on the interactive map.
Explore the map →