Freeborn County, Minnesota
Income Data
At a Glance
How Freeborn County Compares
Detailed Income Statistics
Data Story
About Household Income in Freeborn County, Minnesota
Freeborn County slightly below U.S. median
Freeborn County's median household income of $69,012 runs 7.7% below the national median of $74,755, reflecting its rural Minnesota character. The county's manufacturing and agricultural sectors provide steady employment despite modest wage levels.
Below Minnesota's income benchmark
At $69,012, Freeborn ranks below Minnesota's state average of $75,757 by $6,745 per household. Per capita income of $38,696 falls slightly short of the state average of $39,335.
Mid-range among southern counties
Freeborn's $69,012 median income ranks between Cottonwood ($68,239) and Crow Wing ($71,343), reflecting similar rural economic structures. The county's diversified manufacturing base supports more stable wages than purely agricultural counties.
Reasonable housing cost burden
Freeborn's rent-to-income ratio of 14.6% falls within acceptable ranges, indicating housing costs claim a moderate share of household income. The median home value of $164,900 offers affordable homeownership for middle-income families.
Build wealth through patient investing
Freeborn's moderate income and reasonable housing costs create a foundation for gradual wealth accumulation with disciplined saving. Explore employer benefits, establish consistent investment contributions, and consider home equity as a long-term wealth-building strategy.
Frequently Asked Questions
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Income Comparison Calculator
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Your income is above the Freeborn County median
County median: $69,012 per year
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vs. State Average
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vs. National Median
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Income Adequacy
Your monthly income ($5,751) vs. median rent ($837/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.