Department of Numbers

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 $63,126 in 2019, the latest figures available. Mankato median household income is $11,467 lower than the median Minnesota household income and $2,586 less than the US median household income. 2020 metro income data (including Mankato median household income) will be released in September of 2021. Median family and per capita income for Mankato-North Mankato are shown below.

Show dollars as: Nominal Real

Real Median Household Income for Mankato Minnesota

2019 1 Year Change 3 Year Change
US $65,712 +4.21% +7.05%
Minnesota $74,593 +4.20% +6.73%
Mankato $63,126 +2.90% +2.46%

Trends in Mankato, MN Real Median Household Income since 2005

The current median household income for Mankato is $63,126. Real median household income peaked in 2007 at $68,333 and is now $5,207 (7.62%) lower. From a post peak low of $56,061 in 2009, real median household income for Mankato has now grown by $7,065 (12.60%).

Real Median Household Income: Mankato, Minnesota, National

Historical Inflation Adjusted Median Household Income for Mankato

Date US Minnesota Mankato
2019 $65,712 $74,593 $63,126
2018 $63,059 $71,589 $61,347
2017 $62,927 $71,324 $63,870
2016 $61,383 $69,887 $61,613
2015 $60,187 $68,511 $56,650
2014 $58,001 $66,458 $58,431
2013 $57,437 $66,728 $58,313
2012 $57,307 $65,713 $58,613
2011 $57,531 $64,881 $57,780
2010 $58,809 $65,170 $60,079
2009 $59,988 $66,433 $56,061

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Mankato Family Income

The ACS 1-year data shows the median family income for Mankato was $85,357 in 2019. Compared to the median Minnesota family income, Mankato median family income is $8,227 lower. As with the median household income data, 2020 family income data for Mankato will be released in September of 2021.

Show dollars as: Nominal Real

Real Median Family Income for Mankato Minnesota

2019 1 Year Change 3 Year Change
US $80,944 +4.06% +6.92%
Minnesota $93,584 +3.23% +5.40%
Mankato $85,357 +9.11% +8.48%

Trends in Mankato, MN Real Median Family Income since 2005

At $85,357, the median family income for Mankato was at a new inflation adjusted high in 2019.

Real Median Family Income: Mankato, Minnesota, National

Historical Inflation Adjusted Median Family Income for Mankato

Date US Minnesota Mankato
2019 $80,944 $93,584 $85,357
2018 $77,786 $90,653 $78,227
2017 $77,064 $90,126 $84,672
2016 $75,707 $88,792 $78,681
2015 $73,660 $86,213 $76,755
2014 $71,246 $84,251 $81,776
2013 $70,386 $82,568 $82,187
2012 $69,752 $82,005 $78,339
2011 $70,009 $81,248 $73,433
2010 $71,221 $81,816 $76,946
2009 $72,962 $82,866 $73,312

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Mankato Per Capita Income

The ACS 1-year survey shows the per capita income for Mankato was $32,068 in 2019. Compared to the median Minnesota per capita income, Mankato median per capita income is $6,957 lower. As with the median household and median family income numbers above, 2020 per capita income data for Mankato will be released in September of 2021.

Show dollars as: Nominal Real

Real Per Capita Income for Mankato Minnesota

2019 1 Year Change 3 Year Change
US $35,672 +3.57% +7.57%
Minnesota $39,025 +3.06% +6.13%
Mankato $32,068 +4.57% +8.19%

Trends in Mankato, MN Real Per Capita Income since 2005

The current per capita income for Mankato is $32,068. Real per capita income peaked in 2017 at $32,568 and is now $500 (1.54%) lower.

Real Per Capita Income: Mankato, Minnesota, National

Historical Real Per Capita Income for Mankato

Date US Minnesota Mankato
2019 $35,672 $39,025 $32,068
2018 $34,444 $37,866 $30,667
2017 $33,788 $37,708 $32,568
2016 $33,163 $36,771 $29,641
2015 $32,351 $36,069 $28,970
2014 $31,228 $35,280 $30,023
2013 $30,982 $34,471 $29,778
2012 $30,476 $34,057 $29,760
2011 $30,425 $33,497 $27,207
2010 $30,622 $33,564 $27,280
2009 $31,545 $34,401 $27,184

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