Kanabec County, Minnesota
Income Data
U.S. Census Bureau ACSAt a Glance
Economic Indicators
How Kanabec County Compares
Detailed Income Statistics
Income Advisory: Kanabec County
Income Verdict
Kanabec County has a median household income of $71,915 and per capita income of $35,290 — a gap of $36,625, suggesting a typical mix of dual-income and single-earner households.
Housing Affordability
With median gross rent at $1,003/month and a median household income of $71,915, rent consumes approximately 16.7% of monthly income — well within affordable thresholds.
Economic Context
A median household income of $71,915 suggests moderate-to-strong purchasing power, generally sufficient to cover essentials with room for discretionary spending in most markets. Per capita income of $35,290 is in line with national norms for individual earners.
Neighbor Context
Kanabec County earns approximately 5.1% below the Minnesota state median household income of $75,757.
Data Story
About Household Income in Kanabec County, Minnesota
Kanabec Trails National Income Standard
Kanabec County's median household income of $71,915 falls about $2,840 short of the national median of $74,755. While this 3.8% gap is modest, it reflects the county's positioning slightly below the U.S. average for household earnings.
Middle Ground in Minnesota Rankings
At $71,915, Kanabec ranks below Minnesota's state average of $75,757, placing it in the middle tier among the state's 87 counties. The county earns about $3,842 less than the state median, indicating room for wage growth.
Competing with Regional Peers
Kanabec's $71,915 median income falls below nearby Kandiyohi County ($75,097) but outpaces Kittson County ($69,615) and Lake of the Woods County ($70,091). The variation across neighboring counties suggests different economic drivers and job markets in the region.
Rents Affordable for Most Households
With a rent-to-income ratio of 16.7%, Kanabec households spend less than one-fifth of income on housing—comfortably under the 30% threshold recommended by housing experts. A median home value of $221,100 remains accessible for homebuyers earning the county median.
Building Financial Security in Kanabec
Households earning Kanabec's median of $71,915 have solid ground to build savings and investment portfolios, especially with reasonable housing costs. Consider consulting a local financial advisor to create a plan for retirement accounts, emergency funds, and long-term wealth growth.
Frequently Asked Questions
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Income Comparison Calculator
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County median: $71,915 per year
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Income Adequacy
Your monthly income ($5,993) vs. median rent ($1,003/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.