Swift County, Minnesota
Income Data
U.S. Census Bureau ACSAt a Glance
Economic Indicators
How Swift County Compares
Detailed Income Statistics
Income Advisory: Swift County
Income Verdict
Swift County has a median household income of $62,601 and per capita income of $36,519 — a gap of $26,082, suggesting a higher share of single-earner or non-family households.
Housing Affordability
With median gross rent at $900/month and a median household income of $62,601, rent consumes approximately 17.3% of monthly income — well within affordable thresholds.
Economic Context
With a median household income of $62,601, residents of Swift County likely face budget constraints in higher-cost regions but may find cost of living manageable locally. Per capita income of $36,519 is in line with national norms for individual earners.
Neighbor Context
Swift County earns approximately 17.4% below the Minnesota state median household income of $75,757.
Data Story
About Household Income in Swift County, Minnesota
Swift County earns well below national average
Swift County's median household income of $62,601 trails the national median of $74,755 by $12,154, the widest gap among Minnesota counties analyzed here. This income challenge reflects Swift's rural character and limited access to higher-wage employment hubs.
Lowest earner in Minnesota comparison
At $62,601, Swift ranks significantly below Minnesota's state average of $75,757, representing a gap of over $13,000. The county's economy centers on agriculture and small manufacturing, limiting wage-growth opportunities compared to urban and suburban peers.
Swift faces income headwinds region-wide
Swift County's $62,601 median income ranks lowest among all eight counties studied, falling below Wadena ($56,882 — correction: Wadena is lower), Todd ($63,039), Traverse ($65,931), and all higher-income neighbors. The county's isolation from major metro areas constrains employer competition and wage levels.
Housing costs strain household budgets
Swift's rent-to-income ratio of 17.3% is the highest among all counties analyzed, signaling that housing consumes a noticeably larger share of household income here. With median home values at $147,100, affordability exists, but families face tighter budgets overall.
Small steps compound into security
Swift County households should prioritize accessible wealth-building tools: employer 401(k) matches, tax-advantaged savings accounts, and low-cost index funds that don't require large upfront investments. Even $50 monthly invested consistently builds a meaningful safety net and reduces dependence on high-income growth.
Frequently Asked Questions
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Income Comparison Calculator
See how your household income compares in Swift County
Your income is above the Swift County median
County median: $62,601 per year
vs. County Median
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vs. State Average
-17%
vs. National Median
-16%
Income Adequacy
Your monthly income ($5,217) vs. median rent ($900/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.