Grant County, Minnesota
Income Data
At a Glance
How Grant County Compares
Detailed Income Statistics
Data Story
About Household Income in Grant County, Minnesota
Grant County slightly below national income
Grant County's median household income of $72,957 sits just 2.4% below the national median of $74,755. The county holds its own despite slightly trailing the U.S. average.
Among Minnesota's lower-income counties
At $72,957, Grant County ranks below Minnesota's state average of $75,757 by about $2,800. It places in the lower-middle range of Minnesota's 87 counties, reflecting rural economic patterns.
Grant trails nearby Goodhue significantly
Grant County's $72,957 median income lags Goodhue County ($82,749) by nearly $10,000 and also trails Houston County ($77,087) in the region. The $178,600 median home value is the most affordable among these three neighbors.
Rental affordability strong in Grant County
Grant County's 12.8% rent-to-income ratio is the best in this cohort, sitting comfortably below the 15% affordability threshold. Lower home values and moderate rents make housing a manageable expense even at median income levels.
Maximize savings in affordable Grant County
With lower housing costs consuming just 12.8% of income, Grant County residents have room to build emergency funds and retirement accounts. Starting small—even $50 monthly into a savings account—creates a foundation for wealth growth over time.
Frequently Asked Questions
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Income Comparison Calculator
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Your income is above the Grant County median
County median: $72,957 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 ($6,080) vs. median rent ($779/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.