Income & Economy in Maynard, MN

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

Income Overview

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

Median Household Income

$41,515

-43% vs national

Per Capita Income

$35,593

-4% vs national

Poverty Rate

12.6%

-7% vs national

Gini Index

0.3809

0 = perfect equality

Unemployment

1.9%

-64% vs national

SNAP Recipients

4.3%

of households

How Maynard Compares

Source: Census ACS (2023)

Maynard vs Similar Cities

Source: Census ACS (2023)

Compared to cities with under 10,000 residents. Maynard 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 Maynard. The median household income here is $41,515.

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Income Distribution

Source: U.S. Census Bureau ACS (2023)
<$25K
17.9%
$25-50K
42.0%
$50-75K
13.6%
$75-100K
14.2%
$100-150K
8.0%
$150-200K
1.9%
$200K+
2.5%

Employment Snapshot

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

Unemployment Rate

1.9%

-58% vs MN avg

Labor Force

159

Employed

156

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+

3.7%

of adults 25+

High School Diploma+

42.0%

of adults 25+

Median Age

48.8

Work from Home

3.5%

of workers

The median household income in Maynard, MN is $41,515, which is 43.3% below the national average of $73,224. Per capita income is $35,593. The poverty rate of 12.6% is higher than the MN state average of 11.4%. The Gini index of income inequality is 0.3809, where 0 represents perfect equality and 1 represents maximum inequality. The unemployment rate is 1.9%, compared to the state average of 4.5%. 3.7% of adults hold a bachelor's degree or higher.