Nicollet County, Minnesota
Income Data
At a Glance
How Nicollet County Compares
Detailed Income Statistics
Data Story
About Household Income in Nicollet County, Minnesota
Nicollet County outperforms nation
Nicollet County's median household income of $80,362 exceeds the national median of $74,755 by 7.5%, placing it firmly in the upper-income tier of U.S. counties. The county's strong performance reflects its college-town economics centered on Minnesota State University–Mankato.
Top-tier income in Minnesota
At $80,362, Nicollet County ranks above Minnesota's state average of $75,757 and places in the top half of the state's 87 counties. The per capita income of $43,268 also significantly exceeds the state average of $39,335.
Clear income leader in region
Nicollet County's $80,362 income substantially outpaces every neighboring county, including Murray ($74,475), Nobles ($65,509), and Otter Tail ($70,912). Its university anchor and downstream professional services create a wage premium throughout the county.
Strong income meets higher housing costs
Although Nicollet County's rent-to-income ratio of 13.9% remains healthy, the median home value of $258,500 reflects premium pricing for the region. The strong median income comfortably supports these higher housing costs, with most buyers maintaining solid affordability.
Maximize earnings in college town
Nicollet County's above-average income creates powerful opportunities for retirement savings, investment diversification, and real estate wealth building. Professionals in this college economy should consider maximizing employer benefits and exploring higher-yield investment strategies.
Frequently Asked Questions
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Your income is above the Nicollet County median
County median: $80,362 per year
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vs. State Average
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vs. National Median
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Your monthly income ($6,697) vs. median rent ($931/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.