Income & Economy in Finlayson, MN

Household income, poverty rates, employment, and economic data — 2023 ACS Data

Income Overview

Source: U.S. Census Bureau ACS (2023)

Median Household Income

$63,750

-13% vs national

Per Capita Income

$28,965

-22% vs national

Poverty Rate

19.7%

+45% vs national

Gini Index

0.3816

0 = perfect equality

Unemployment

14.4%

+177% vs national

SNAP Recipients

16.4%

of households

How Finlayson Compares

Source: Census ACS (2023)

Finlayson vs Similar Cities

Source: Census ACS (2023)

Compared to cities with under 10,000 residents. Finlayson is highlighted.

Median Household Income

Per Capita Income

Poverty Rate

Unemployment Rate

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Where Do You Stack Up?

Enter your household income to see how you compare to other households in Finlayson. The median household income here is $63,750.

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Income Distribution

Source: U.S. Census Bureau ACS (2023)
<$25K
25.4%
$25-50K
16.4%
$50-75K
15.4%
$75-100K
25.4%
$100-150K
14.6%
$200K+
2.7%

Employment Snapshot

Source: U.S. Census Bureau ACS (2023)

Unemployment Rate

14.4%

+220% vs MN avg

Labor Force

104

Employed

89

How People Get to Work

Source: Census ACS (2023)

Employment by Sector

Source: Census ACS (2023)

Education & Workforce

Source: U.S. Census Bureau ACS (2023)

Bachelor's Degree+

15.8%

of adults 25+

High School Diploma+

50.0%

of adults 25+

Median Age

47.6

Work from Home

2.3%

of workers

The median household income in Finlayson, MN is $63,750, which is 12.9% below the national average of $73,224. Per capita income is $28,965. The poverty rate of 19.7% is higher than the MN state average of 11.4%. The Gini index of income inequality is 0.3816, where 0 represents perfect equality and 1 represents maximum inequality. The unemployment rate is 14.4%, compared to the state average of 4.5%. 15.8% of adults hold a bachelor's degree or higher.