Income & Economy in Graceville, MN

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

Income Overview

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

Median Household Income

$51,667

-29% vs national

Per Capita Income

$34,756

-6% vs national

Poverty Rate

23.4%

+72% vs national

Gini Index

0.4308

0 = perfect equality

Unemployment

3.8%

-26% vs national

SNAP Recipients

11.6%

of households

How Graceville Compares

Source: Census ACS (2023)

Graceville vs Similar Cities

Source: Census ACS (2023)

Compared to cities with under 10,000 residents. Graceville 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 Graceville. The median household income here is $51,667.

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Income Distribution

Source: U.S. Census Bureau ACS (2023)
<$25K
20.5%
$25-50K
28.7%
$50-75K
12.8%
$75-100K
7.0%
$100-150K
18.6%
$150-200K
8.5%
$200K+
3.9%

Employment Snapshot

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

Unemployment Rate

3.8%

-15% vs MN avg

Labor Force

261

Employed

251

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+

12.3%

of adults 25+

High School Diploma+

40.8%

of adults 25+

Median Age

44.2

Work from Home

1.2%

of workers

The median household income in Graceville, MN is $51,667, which is 29.4% below the national average of $73,224. Per capita income is $34,756. The poverty rate of 23.4% is higher than the MN state average of 11.4%. The Gini index of income inequality is 0.4308, where 0 represents perfect equality and 1 represents maximum inequality. The unemployment rate is 3.8%, compared to the state average of 4.5%. 12.3% of adults hold a bachelor's degree or higher.