Nobles County, Minnesota
Income Data
At a Glance
How Nobles County Compares
Detailed Income Statistics
Data Story
About Household Income in Nobles County, Minnesota
Nobles County lags national median
Nobles County's median household income of $65,509 falls 12.4% below the national median of $74,755, marking it as one of Minnesota's lower-income rural counties. The gap reflects limited high-wage employment and a declining population base.
Lowest income in comparison group
At $65,509, Nobles County ranks among the lowest in Minnesota, trailing the state average of $75,757 by more than $10,000. The per capita income of $30,310 also significantly underperforms the state average of $39,335.
Struggling against regional peers
Nobles County's income of $65,509 substantially trails neighboring Murray County ($74,475) and other regional competitors, suggesting fewer well-paying local employers. The low per capita income indicates limited individual wage growth opportunities.
Housing costs strain budgets
Nobles County's rent-to-income ratio of 15.8% is the highest in this county group, indicating housing costs consume a notably larger share of household income. While the median home value of $179,200 is affordable in absolute terms, it represents significant financial burden relative to local earnings.
Intentional saving strategies matter most
In Nobles County, deliberate financial planning is essential to building wealth against tighter income margins. Households should prioritize emergency funds, investigate first-time homebuyer programs, and explore employer retirement matches to offset the challenge of lower local wages.
Frequently Asked Questions
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Income Comparison Calculator
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Your income is above the Nobles County median
County median: $65,509 per year
vs. County Median
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vs. State Average
-14%
vs. National Median
-12%
Income Adequacy
Your monthly income ($5,459) vs. median rent ($863/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.