Income & Economy in Goodridge, MN

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

Income Overview

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

Median Household Income

$39,821

-46% vs national

Per Capita Income

$26,486

-29% vs national

Poverty Rate

17.2%

+26% vs national

Gini Index

0.3485

0 = perfect equality

Unemployment

13.3%

+156% vs national

SNAP Recipients

18.9%

of households

How Goodridge Compares

Source: Census ACS (2023)

Goodridge vs Similar Cities

Source: Census ACS (2023)

Compared to cities with under 10,000 residents. Goodridge 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 Goodridge. The median household income here is $39,821.

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Income Distribution

Source: U.S. Census Bureau ACS (2023)
<$25K
32.4%
$25-50K
24.3%
$50-75K
21.6%
$75-100K
16.2%
$100-150K
5.4%

Employment Snapshot

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

Unemployment Rate

13.3%

+196% vs MN avg

Labor Force

30

Employed

26

Mean Commute

28 min

Education & Workforce

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

Bachelor's Degree+

4.7%

of adults 25+

High School Diploma+

34.4%

of adults 25+

Median Age

56.5

Work from Home

0.0%

of workers

The median household income in Goodridge, MN is $39,821, which is 45.6% below the national average of $73,224. Per capita income is $26,486. The poverty rate of 17.2% is higher than the MN state average of 11.4%. The Gini index of income inequality is 0.3485, where 0 represents perfect equality and 1 represents maximum inequality. The unemployment rate is 13.3%, compared to the state average of 4.5%. 4.7% of adults hold a bachelor's degree or higher. The average commute time is 28 minutes, with 0.0% working from home.