Benton County, Minnesota
Income Data
U.S. Census Bureau ACSAt a Glance
Economic Indicators
How Benton County Compares
Detailed Income Statistics
Income Advisory: Benton County
Income Verdict
Benton County has a median household income of $71,480 and per capita income of $36,935 — a gap of $34,545, suggesting a typical mix of dual-income and single-earner households.
Housing Affordability
With median gross rent at $917/month and a median household income of $71,480, rent consumes approximately 15.4% of monthly income — well within affordable thresholds.
Economic Context
A median household income of $71,480 suggests moderate-to-strong purchasing power, generally sufficient to cover essentials with room for discretionary spending in most markets. Per capita income of $36,935 is in line with national norms for individual earners.
Neighbor Context
Benton County earns approximately 5.6% below the Minnesota state median household income of $75,757.
Data Story
About Household Income in Benton County, Minnesota
Benton slightly below national income average
Benton County's median household income of $71,480 trails the national median of $74,755 by approximately $3,275, a 5% shortfall. The county sits near the national average, reflecting a solid middle-income economy.
Below Minnesota's income standard
At $71,480, Benton County ranks about $4,300 below Minnesota's state average of $75,757. The county represents the middle-lower segment of Minnesota's income distribution, earning slightly less than the state norm.
Mid-range income among nearby counties
Benton's $71,480 slightly exceeds Becker ($71,117) and tops several other regional neighbors, though trails Blue Earth ($72,623). The county occupies the middle of the regional income spectrum, competitive with surrounding rural and small metro areas.
Housing highly affordable on local wages
Benton's 15.4% rent-to-income ratio ranks among the region's best, indicating strong housing affordability. A median home value of $247,100 is very accessible to local earners, enabling savings for other financial goals.
Low housing costs enable wealth building
Benton residents earning $71,480 benefit from exceptional housing affordability that frees up capital for long-term investing. Allocating even 15% of income to retirement and investment vehicles can generate substantial wealth over a working lifetime.
Frequently Asked Questions
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Income Comparison Calculator
See how your household income compares in Benton County
Your income is above the Benton County median
County median: $71,480 per year
vs. County Median
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vs. State Average
-6%
vs. National Median
-4%
Income Adequacy
Your monthly income ($5,957) vs. median rent ($917/mo). A ratio of 3.3x or higher means rent is under 30% of income.
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Compare RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.