IncomeBy County

Traverse County, Minnesota

Income Data

-13% vs. Minnesota average
$65,931
Median Household Income
$38,451
Per Capita Income

At a Glance

Median Household Income
$65,931
-13% vs. state avg
Per Capita Income
$38,451
-3% vs. national
Income-to-Housing Ratio
59.9%
income as % of home value
Rank in Minnesota
#76 / 87
by median household income

How Traverse County Compares

Traverse County$65,931
Minnesota Average$75,757
National Median$74,755

Detailed Income Statistics

$65,931
Median Household Income
$38,451
Per Capita Income
$110,100
Median Home Value
59.9%
Income-to-Housing Ratio

Data Story

About Household Income in Traverse County, Minnesota

Traverse falls modestly short nationally

Traverse County's median household income of $65,931 trails the national median of $74,755 by $8,824. Despite this gap, the county's low housing costs and rural quality of life provide economic advantages that offset income limitations.

Below Minnesota average but stable

At $65,931, Traverse ranks below Minnesota's state average of $75,757, placing it in the lower third of Minnesota counties. The county's agricultural economy and small-town character produce steady if modest incomes across the resident workforce.

Middle ground in rural Minnesota

Traverse's $65,931 median income places it ahead of Swift ($62,601), Todd ($63,039), and Wadena ($56,882), while trailing the more prosperous counties like Steele ($83,448) and Stearns ($76,447). The county occupies a stable middle position among rural peers.

Lowest housing cost ratio in the region

Traverse County stands out with a rent-to-income ratio of just 11.2%—the lowest among all eight counties analyzed—meaning housing costs are notably affordable here. At a median home value of only $110,100, Traverse offers exceptional homeownership accessibility and strong potential for housing wealth.

Leverage affordability into savings

Traverse County's exceptional housing affordability creates rare opportunity: households can dedicate the income saved on housing costs directly to retirement and investment accounts. With home prices at $110,100 and low monthly payment ratios, residents can build equity faster than peers while maintaining aggressive savings discipline.

Frequently Asked Questions

What is the median household income in Traverse County, Minnesota?
The median household income in Traverse County, Minnesota is $65,931, 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 Traverse County?
The per capita income in Traverse County is $38,451, 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 $65,931.
How does Traverse County compare to the Minnesota average?
Traverse County's median household income of $65,931 is lower than the Minnesota state average of $75,757. The per capita income is $38,451, compared to the state average of $39,335.
What is the per capita income in Traverse County, Minnesota?
The per capita income in Traverse County, Minnesota is $38,451, 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.
Is Traverse County a low-income area in Minnesota?
Traverse County's median household income of $65,931 is below the Minnesota average of $75,757. The per capita income of $38,451 is also lower than the state average of $39,335. Lower incomes can reflect the local economic base, rural vs. urban location, and employment opportunities available in the area.
How does Traverse County rank for income in Minnesota?
Traverse County ranks #76 out of 87 counties in Minnesota by median household income (1 = highest). With a median household income of $65,931 and per capita income of $38,451, it falls in the bottom third of counties statewide.

Income Comparison Calculator

See how your household income compares in Traverse County

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Your income is above the Traverse County median

County median: $65,931 per year

vs. County Median

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vs. State Average

-13%

vs. National Median

-12%

vs. Traverse County MedianAbout equal
vs. Minnesota Average▼ 13% below
vs. National Median▼ 12% below

Income Adequacy

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Your monthly income ($5,494) vs. median rent ($617/mo). A ratio of 3.3x or higher means rent is under 30% of income.

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$65,972
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$65,988
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Franklin County
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$65,991
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$66,000
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$66,000
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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.

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