Mankato-North Mankato Minnesota Household Income
The Census ACS 1-year survey reports that the median household income for the Mankato-North Mankato Minnesota metro area was $70,130 in 2021, the latest figures available. Mankato median household income is $7,590 lower than the median Minnesota household income and $413 greater than the US median household income. 2022 metro income data (including Mankato median household income) will be released in September of 2023. Median family and per capita income for Mankato-North Mankato are shown below.
Note: 2020 data is interpolated as the ACS release for the year was incomplete due to data gathering issues related to the pandemic.
Real Median Household Income for Mankato Minnesota
| 2021 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | $69,717 | -1.64% | +4.32% |
| Minnesota | $77,720 | -2.50% | +2.44% |
| Mankato | $70,130 | +0.56% | +7.87% |
Trends in Mankato, MN Real Median Household Income since 2005
The current median household income for Mankato is $70,130. Real median household income peaked in 2007 at $72,417 and is now $2,287 (3.16%) lower. From a post peak low of $59,411 in 2009, real median household income for Mankato has now grown by $10,719 (18.04%).
Real Median Household Income: Mankato, Minnesota, National
Historical Inflation Adjusted Median Household Income for Mankato
| Date | US | Minnesota | Mankato |
|---|---|---|---|
| 2021 | $69,717 | $77,720 | $70,130 |
| 2020 | $70,877 | $79,713 | $69,739 |
| 2019 | $69,638 | $79,050 | $66,898 |
| 2018 | $66,828 | $75,868 | $65,013 |
| 2017 | $66,687 | $75,587 | $67,687 |
| 2016 | $65,052 | $74,063 | $65,295 |
| 2015 | $63,784 | $72,604 | $60,035 |
| 2014 | $61,468 | $70,431 | $61,924 |
| 2013 | $60,869 | $70,716 | $61,798 |
| 2012 | $60,732 | $69,639 | $62,116 |
| 2011 | $60,969 | $68,758 | $61,232 |
| 2009 | $63,573 | $70,402 | $59,411 |
| 2007 | $66,465 | $73,096 | $72,417 |
| 2005 | $64,310 | $72,351 | $66,662 |
Mankato Family Income
The ACS 1-year data shows the median family income for Mankato was $88,324 in 2021. Compared to the median Minnesota family income, Mankato median family income is $11,243 lower. As with the median household income data, 2022 family income data for Mankato will be released in September of 2023.
Real Median Family Income for Mankato Minnesota
| 2021 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | $85,806 | -1.68% | +4.09% |
| Minnesota | $99,567 | -1.50% | +3.64% |
| Mankato | $88,324 | -2.83% | +6.54% |
Trends in Mankato, MN Real Median Family Income since 2005
The current median family income for Mankato is $88,324. Real median family income peaked in 2020 at $90,896 and is now $2,572 (2.83%) lower.
Real Median Family Income: Mankato, Minnesota, National
Historical Inflation Adjusted Median Family Income for Mankato
| Date | US | Minnesota | Mankato |
|---|---|---|---|
| 2021 | $85,806 | $99,567 | $88,324 |
| 2020 | $87,269 | $101,085 | $90,896 |
| 2019 | $85,780 | $99,176 | $90,457 |
| 2018 | $82,434 | $96,070 | $82,902 |
| 2017 | $81,669 | $95,512 | $89,732 |
| 2016 | $80,231 | $94,098 | $83,384 |
| 2015 | $78,061 | $91,365 | $81,341 |
| 2014 | $75,505 | $89,287 | $86,664 |
| 2013 | $74,593 | $87,503 | $87,098 |
| 2012 | $73,920 | $86,906 | $83,021 |
| 2011 | $74,192 | $86,103 | $77,821 |
| 2009 | $77,322 | $87,818 | $77,693 |
| 2007 | $80,131 | $90,609 | $89,888 |
| 2005 | $77,647 | $89,004 | $82,850 |
Mankato Per Capita Income
The ACS 1-year survey shows the per capita income for Mankato was $34,816 in 2021. Compared to the median Minnesota per capita income, Mankato median per capita income is $6,937 lower. As with the median household and median family income numbers above, 2022 per capita income data for Mankato will be released in September of 2023.
Real Per Capita Income for Mankato Minnesota
| 2021 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | $38,332 | -1.03% | +5.01% |
| Minnesota | $41,753 | -1.23% | +4.05% |
| Mankato | $34,816 | -0.54% | +7.13% |
Trends in Mankato, MN Real Per Capita Income since 2005
The current per capita income for Mankato is $34,816. Real per capita income peaked in 2020 at $35,004 and is now $188 (0.54%) lower.
Real Per Capita Income: Mankato, Minnesota, National
Historical Real Per Capita Income for Mankato
| Date | US | Minnesota | Mankato |
|---|---|---|---|
| 2021 | $38,332 | $41,753 | $34,816 |
| 2020 | $38,730 | $42,275 | $35,004 |
| 2019 | $37,803 | $41,357 | $33,984 |
| 2018 | $36,503 | $40,129 | $32,500 |
| 2017 | $35,807 | $39,962 | $34,514 |
| 2016 | $35,145 | $38,969 | $31,412 |
| 2015 | $34,284 | $38,224 | $30,701 |
| 2014 | $33,094 | $37,389 | $31,817 |
| 2013 | $32,833 | $36,531 | $31,558 |
| 2012 | $32,297 | $36,092 | $31,538 |
| 2011 | $32,243 | $35,498 | $28,833 |
| 2009 | $33,430 | $36,457 | $28,809 |
| 2007 | $34,959 | $38,023 | $32,926 |
| 2005 | $34,817 | $37,895 | $31,927 |
