Income & Economy in Gibbon, MN

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

Income Overview

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

Median Household Income

$53,148

-27% vs national

Per Capita Income

$31,957

-14% vs national

Poverty Rate

17.3%

+27% vs national

Gini Index

0.4642

0 = perfect equality

Unemployment

8.0%

+53% vs national

SNAP Recipients

2.9%

of households

How Gibbon Compares

Source: Census ACS (2023)

Gibbon vs Similar Cities

Source: Census ACS (2023)

Compared to cities with under 10,000 residents. Gibbon 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 Gibbon. The median household income here is $53,148.

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Income Distribution

Source: U.S. Census Bureau ACS (2023)
<$25K
21.1%
$25-50K
25.8%
$50-75K
20.3%
$75-100K
15.3%
$100-150K
10.5%
$150-200K
4.7%
$200K+
2.4%

Employment Snapshot

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

Unemployment Rate

8.0%

+77% vs MN avg

Labor Force

414

Employed

381

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+

9.7%

of adults 25+

High School Diploma+

27.2%

of adults 25+

Median Age

44.7

Work from Home

5.6%

of workers

The median household income in Gibbon, MN is $53,148, which is 27.4% below the national average of $73,224. Per capita income is $31,957. The poverty rate of 17.3% is higher than the MN state average of 11.4%. The Gini index of income inequality is 0.4642, where 0 represents perfect equality and 1 represents maximum inequality. The unemployment rate is 8.0%, compared to the state average of 4.5%. 9.7% of adults hold a bachelor's degree or higher.