Nicollet County, Minnesota

Income Data

+6% vs. Minnesota average
$80,362
Median Household Income
$43,268
Per Capita Income

At a Glance

Median Household Income
$80,362
+6% vs. state avg
Per Capita Income
$43,268
+10% vs. national
Income-to-Housing Ratio
31.1%
income as % of home value
Rank in Minnesota
#18 / 87
by median household income

How Nicollet County Compares

Nicollet County$80,362
Minnesota Average$75,757
National Median$74,755

Detailed Income Statistics

$80,362
Median Household Income
$43,268
Per Capita Income
$258,500
Median Home Value
31.1%
Income-to-Housing Ratio

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

What is the median household income in Nicollet County, Minnesota?
The median household income in Nicollet County, Minnesota is $80,362, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates. This represents the midpoint of all household incomes in the county.
How much do people earn in Nicollet County?
The per capita income in Nicollet County is $43,268, which represents the average income per person across the entire county population. The median household income — which accounts for all earners in a household — is $80,362.
How does Nicollet County compare to the Minnesota average?
Nicollet County's median household income of $80,362 is higher than the Minnesota state average of $75,757. The per capita income is $43,268, compared to the state average of $39,335.
What is the per capita income in Nicollet County, Minnesota?
The per capita income in Nicollet County, Minnesota is $43,268, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates. Per capita income is calculated by dividing total personal income by total population, providing an average income figure per resident.
Why is Nicollet County income higher than the Minnesota average?
Nicollet County's median household income of $80,362 is higher than the Minnesota average of $75,757. This difference of $4,605 can be attributed to factors such as local industry mix, proximity to major employment centers, educational attainment levels, and cost of living. Counties with higher incomes often have a greater concentration of professional and technical occupations.
How does Nicollet County rank for income in Minnesota?
Nicollet County ranks #18 out of 87 counties in Minnesota by median household income (1 = highest). With a median household income of $80,362 and per capita income of $43,268, it falls in the top third of counties statewide.

Income Comparison Calculator

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County median: $80,362 per year

vs. County Median

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vs. State Average

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vs. National Median

+8%

vs. Nicollet County MedianAbout equal
vs. Minnesota Average6% above
vs. National Median8% above

Income Adequacy

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Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.